Voya Investment Management LLC Purchases 212,211 Shares of Intapp, Inc. $INTA

Key Points

• Voya Investment Management LLC has increased its stake in Intapp, Inc. by 214.2%, owning approximately 0.38% of the company valued at $18.17 million as of the end of the 1st quarter.
• Insiders have sold 99,649 shares of Intapp in the last quarter, totaling $4.22 million, while insiders currently own 13.02% of the company's stock.
• Intapp's stock has an average rating of "Hold" from analysts, with a current price target averaging $60.63.

Voya Investment Management LLC increased its stake in shares of Intapp, Inc. (NASDAQ:INTA - Free Report) by 214.2% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 311,298 shares of the company's stock after purchasing an additional 212,211 shares during the period. Voya Investment Management LLC owned 0.38% of Intapp worth $18,174,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in INTA. Cetera Investment Advisers bought a new position in Intapp in the 4th quarter worth about $283,000. Lazard Asset Management LLC increased its position in shares of Intapp by 42.5% during the 4th quarter. Lazard Asset Management LLC now owns 28,952 shares of the company's stock valued at $1,855,000 after purchasing an additional 8,636 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Intapp by 41.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,358 shares of the company's stock valued at $1,946,000 after purchasing an additional 8,922 shares during the last quarter. Nuveen Asset Management LLC grew its position in Intapp by 43.3% during the 4th quarter. Nuveen Asset Management LLC now owns 628,995 shares of the company's stock worth $40,312,000 after acquiring an additional 189,989 shares during the last quarter. Finally, Man Group plc bought a new position in Intapp during the 4th quarter worth approximately $3,407,000. 89.96% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Intapp news, insider Michele Murgel sold 5,425 shares of the business's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total value of $228,175.50. Following the completion of the transaction, the insider owned 224,522 shares of the company's stock, valued at approximately $9,443,395.32. The trade was a 2.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Thad Jampol sold 6,184 shares of the business's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total value of $260,099.04. Following the completion of the transaction, the insider directly owned 882,402 shares of the company's stock, valued at approximately $37,113,828.12. This trade represents a 0.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 101,169 shares of company stock worth $4,292,798 in the last quarter. Insiders own 13.02% of the company's stock.

Intapp Price Performance

INTA stock traded down $0.79 on Friday, reaching $44.54. 889,514 shares of the company traded hands, compared to its average volume of 816,231. Intapp, Inc. has a one year low of $35.51 and a one year high of $77.74. The company has a market cap of $3.66 billion, a P/E ratio of -185.58, a price-to-earnings-growth ratio of 19.31 and a beta of 0.74. The firm has a fifty day simple moving average of $42.72 and a 200-day simple moving average of $50.80.

Intapp (NASDAQ:INTA - Get Free Report) last posted its quarterly earnings data on Tuesday, August 12th. The company reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.04. Intapp had a negative return on equity of 0.89% and a negative net margin of 3.61%.The company had revenue of $135.04 million during the quarter, compared to analyst estimates of $132.07 million. During the same quarter last year, the company earned $0.15 EPS. The firm's revenue for the quarter was up 18.1% on a year-over-year basis. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. On average, sell-side analysts forecast that Intapp, Inc. will post -0.14 EPS for the current year.

Intapp declared that its Board of Directors has authorized a share buyback program on Tuesday, August 12th that allows the company to repurchase $150.00 million in shares. This repurchase authorization allows the company to reacquire up to 5.2% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued.

Analyst Ratings Changes

Several equities analysts recently issued reports on INTA shares. UBS Group reduced their price target on Intapp from $83.00 to $72.00 and set a "buy" rating on the stock in a research report on Wednesday, August 13th. Wall Street Zen upgraded Intapp from a "hold" rating to a "buy" rating in a research report on Sunday, September 14th. Stifel Nicolaus reduced their price target on Intapp from $65.00 to $60.00 and set a "buy" rating on the stock in a research report on Tuesday, July 8th. Piper Sandler upgraded Intapp to a "neutral" rating and set a $55.00 price target on the stock in a research report on Tuesday, June 24th. Finally, Citigroup reduced their price target on Intapp from $66.00 to $53.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 16th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Intapp presently has an average rating of "Hold" and an average target price of $60.63.

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.