George Kaiser Family Foundation Invests $2.90 Million in Intapp, Inc. $INTA

George Kaiser Family Foundation bought a new position in Intapp, Inc. (NASDAQ:INTA - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 114,960 shares of the company's stock, valued at approximately $2,898,000. Intapp comprises about 0.3% of George Kaiser Family Foundation's portfolio, making the stock its 11th biggest position. George Kaiser Family Foundation owned approximately 0.15% of Intapp at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of INTA. Strive Financial Group LLC purchased a new position in Intapp in the 4th quarter worth about $28,000. Federation des caisses Desjardins du Quebec lifted its stake in Intapp by 913.5% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company's stock valued at $48,000 after buying an additional 950 shares in the last quarter. Allworth Financial LP acquired a new position in shares of Intapp in the second quarter worth about $33,000. Harbor Investment Advisory LLC acquired a new position in shares of Intapp in the second quarter worth about $36,000. Finally, State of Wyoming increased its position in shares of Intapp by 75.7% in the fourth quarter. State of Wyoming now owns 1,597 shares of the company's stock worth $73,000 after acquiring an additional 688 shares in the last quarter. 89.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

INTA has been the subject of several research analyst reports. Piper Sandler upped their price target on shares of Intapp from $25.00 to $34.00 and gave the company a "neutral" rating in a research report on Wednesday, August 5th. Barclays boosted their target price on shares of Intapp from $25.00 to $29.00 and gave the company an "underweight" rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. decreased their target price on Intapp from $58.00 to $47.00 and set an "overweight" rating for the company in a research report on Wednesday, May 6th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Intapp in a report on Friday, June 5th. Finally, Wall Street Zen raised Intapp from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $37.86.

Intapp Trading Up 2.9%

Shares of NASDAQ:INTA opened at $41.35 on Friday. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of -79.52, a P/E/G ratio of 15.97 and a beta of 0.42. Intapp, Inc. has a 1 year low of $19.01 and a 1 year high of $47.93. The business has a fifty day simple moving average of $30.17 and a 200 day simple moving average of $25.93.

Intapp (NASDAQ:INTA - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.36 by $0.05. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.The firm had revenue of $152.53 million for the quarter, compared to the consensus estimate of $149.75 million. During the same quarter in the previous year, the company posted $0.27 earnings per share. The business's quarterly revenue was up 13.0% compared to the same quarter last year. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. On average, sell-side analysts forecast that Intapp, Inc. will post 0.07 EPS for the current year.

Insider Activity at Intapp

In related news, insider Michele Murgel sold 14,591 shares of the firm's stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $25.02, for a total transaction of $365,066.82. Following the transaction, the insider owned 233,632 shares of the company's stock, valued at approximately $5,845,472.64. This trade represents a 5.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director George R. Neble sold 2,624 shares of the firm's stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $40.00, for a total transaction of $104,960.00. Following the transaction, the director directly owned 30,465 shares in the company, valued at approximately $1,218,600. The trade was a 7.93% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 11.21% of the company's stock.

About Intapp

Intapp, Inc, headquartered in Palo Alto, California, is a leading provider of cloud-based software solutions designed to meet the unique needs of professional services firms, including law firms, accounting practices, and financial institutions. The company's integrated platform connects front-office business development with back-office risk and compliance functions, enabling organizations to streamline workflows, improve collaboration and enhance client service.

Intapp's suite of applications—such as Intake, Conflicts, Risk, Open, Time and Flow—addresses the entire client lifecycle.

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