George Kaiser Family Foundation Sells 21,872 Shares of Intapp, Inc. $INTA

Key Points

• The George Kaiser Family Foundation reduced its stake in Intapp, Inc. (NASDAQ: INTA) by 18.4%, now holding approximately $5.68 million worth of shares.
• Intapp recently reported $135.04 million in revenue for the quarter, exceeding analysts' estimates, and announced a stock buyback program authorizing $150 million for share repurchases.
• A significant majority, 89.96%, of Intapp's stock is currently owned by institutional investors, indicating strong institutional interest in the company.

George Kaiser Family Foundation reduced its stake in shares of Intapp, Inc. (NASDAQ:INTA - Free Report) by 18.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 97,225 shares of the company's stock after selling 21,872 shares during the period. Intapp makes up about 0.8% of George Kaiser Family Foundation's holdings, making the stock its 6th largest position. George Kaiser Family Foundation owned about 0.12% of Intapp worth $5,676,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. CWM LLC raised its holdings in Intapp by 27.0% during the first quarter. CWM LLC now owns 1,003 shares of the company's stock worth $59,000 after purchasing an additional 213 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Intapp by 74.2% during the first quarter. Farther Finance Advisors LLC now owns 526 shares of the company's stock worth $31,000 after purchasing an additional 224 shares during the last quarter. Menard Financial Group LLC raised its holdings in Intapp by 12.3% during the first quarter. Menard Financial Group LLC now owns 3,798 shares of the company's stock worth $217,000 after purchasing an additional 415 shares during the last quarter. Xponance Inc. raised its holdings in Intapp by 11.9% during the first quarter. Xponance Inc. now owns 4,246 shares of the company's stock worth $248,000 after purchasing an additional 450 shares during the last quarter. Finally, Johnson Financial Group Inc. raised its holdings in Intapp by 273.8% during the fourth quarter. Johnson Financial Group Inc. now owns 826 shares of the company's stock worth $53,000 after purchasing an additional 605 shares during the last quarter. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

INTA has been the subject of several research reports. Stifel Nicolaus reduced their price objective on Intapp from $65.00 to $60.00 and set a "buy" rating for the company in a report on Tuesday, July 8th. Barclays lifted their price objective on Intapp from $44.00 to $47.00 and gave the stock an "underweight" rating in a report on Wednesday, August 13th. Citigroup reduced their price objective on Intapp from $66.00 to $53.00 and set a "neutral" rating for the company in a report on Wednesday, July 16th. UBS Group reduced their price objective on Intapp from $83.00 to $72.00 and set a "buy" rating for the company in a report on Wednesday, August 13th. Finally, Wall Street Zen cut Intapp from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 21st. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $60.63.

Insider Buying and Selling

In other Intapp news, CFO David H. Morton, Jr. sold 9,943 shares of the business's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total value of $418,202.58. Following the completion of the transaction, the chief financial officer directly owned 51,623 shares in the company, valued at approximately $2,171,263.38. The trade was a 16.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider David Benjamin Harrison sold 6,690 shares of Intapp stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $42.06, for a total transaction of $281,381.40. Following the completion of the transaction, the insider owned 12,447 shares in the company, valued at approximately $523,520.82. This trade represents a 34.96% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 53,091 shares of company stock worth $2,338,767 in the last three months. 13.02% of the stock is currently owned by insiders.

Intapp Price Performance

INTA traded up $1.0150 during trading on Friday, hitting $42.9150. The company's stock had a trading volume of 311,784 shares, compared to its average volume of 734,737. The firm's 50 day moving average price is $44.96 and its 200-day moving average price is $54.31. The stock has a market cap of $3.47 billion, a PE ratio of -178.87, a PEG ratio of 12.94 and a beta of 0.73. Intapp, Inc. has a twelve month low of $35.51 and a twelve month high of $77.74.

Intapp (NASDAQ:INTA - Get Free Report) last issued its quarterly earnings results on Tuesday, August 12th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.04. The company had revenue of $135.04 million during the quarter, compared to the consensus estimate of $132.07 million. Intapp had a negative return on equity of 0.91% and a negative net margin of 3.61%.Intapp's revenue was up 18.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.15 EPS. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. Equities analysts anticipate that Intapp, Inc. will post -0.14 earnings per share for the current year.

Intapp declared that its Board of Directors has authorized a share buyback plan on Tuesday, August 12th that authorizes the company to repurchase $150.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 5.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

Intapp Company Profile

Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.