Intapp, Inc. $INTA Shares Purchased by Voya Investment Management LLC

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 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 311,298 shares of the company's stock after acquiring an additional 212,211 shares during the quarter. Voya Investment Management LLC owned about 0.38% of Intapp worth $18,174,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of INTA. Farther Finance Advisors LLC grew its position in Intapp by 74.2% during the 1st 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. BI Asset Management Fondsmaeglerselskab A S purchased a new position in Intapp during the 1st quarter worth $36,000. Quarry LP grew its position in Intapp by 1,155.4% during the 1st quarter. Quarry LP now owns 703 shares of the company's stock worth $41,000 after purchasing an additional 647 shares during the last quarter. Nisa Investment Advisors LLC grew its position in Intapp by 414.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 803 shares of the company's stock worth $47,000 after purchasing an additional 647 shares during the last quarter. Finally, CWM LLC grew its position in Intapp by 27.0% during the 1st 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. 89.96% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CMO Scott Fitzgerald sold 2,872 shares of the business's stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $42.06, for a total transaction of $120,796.32. Following the sale, the chief marketing officer owned 48,370 shares of the company's stock, valued at approximately $2,034,442.20. The trade was a 5.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO John T. Hall sold 8,000 shares of the business's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $43.46, for a total transaction of $347,680.00. Following the sale, the chief executive officer directly owned 5,598,775 shares in the company, valued at approximately $243,322,761.50. This represents a 0.14% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 99,649 shares of company stock valued at $4,224,079 in the last quarter. Insiders own 13.02% of the company's stock.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Barclays raised their price objective on shares of Intapp from $44.00 to $47.00 and gave the stock an "underweight" rating in a research report on Wednesday, August 13th. UBS Group lowered their price objective on shares of Intapp from $83.00 to $72.00 and set a "buy" rating on the stock in a research report on Wednesday, August 13th. Citigroup lowered their target price on shares of Intapp from $66.00 to $53.00 and set a "neutral" rating on the stock in a report on Wednesday, July 16th. Wall Street Zen raised shares of Intapp from a "hold" rating to a "buy" rating in a report on Sunday. Finally, Piper Sandler raised shares of Intapp to a "neutral" rating and set a $55.00 target price on the stock in a report on Tuesday, June 24th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $60.63.

Intapp Trading Down 0.5%

INTA stock opened at $45.16 on Monday. The company has a market cap of $3.71 billion, a P/E ratio of -188.17, a P/E/G ratio of 19.24 and a beta of 0.74. Intapp, Inc. has a 52 week low of $35.51 and a 52 week high of $77.74. The company's 50-day moving average price is $42.91 and its 200 day moving average price is $51.29.

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

Intapp announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, August 12th that allows the company to repurchase $150.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 5.2% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

Intapp 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.

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