Truvestments Capital LLC Acquires Shares of 14,683 Intapp, Inc. $INTA

Key Points

• Truvestments Capital LLC acquired 14,683 shares of Intapp, Inc. valued at approximately $857,000 during the first quarter, highlighting increased institutional interest in the company.
• Insiders, including Thad Jampol and Michele Murgel, sold significant portions of their stakes, totaling nearly 99,649 shares worth $4.2 million in the last three months, indicating potential concerns about share performance.
• Despite recent downgrades, Intapp has set a Q1 2026 EPS guidance of 0.180-0.200, and reported a 18.1% year-over-year revenue increase for the latest quarter, contributing to a market capitalization of $3.89 billion.

Truvestments Capital LLC purchased a new position in shares of Intapp, Inc. (NASDAQ:INTA - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 14,683 shares of the company's stock, valued at approximately $857,000.

A number of other hedge funds also recently modified their holdings of the business. CWM LLC raised its position in shares of 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 period. Farther Finance Advisors LLC raised its position in Intapp by 74.2% in the 1st quarter. Farther Finance Advisors LLC now owns 526 shares of the company's stock valued at $31,000 after buying an additional 224 shares during the last quarter. Hsbc Holdings PLC raised its position in Intapp by 3.5% in the 1st quarter. Hsbc Holdings PLC now owns 8,001 shares of the company's stock valued at $465,000 after buying an additional 272 shares during the last quarter. Menard Financial Group LLC raised its position in Intapp by 12.3% in the 1st quarter. Menard Financial Group LLC now owns 3,798 shares of the company's stock valued at $217,000 after buying an additional 415 shares during the last quarter. Finally, Xponance Inc. raised its position in Intapp by 11.9% in the 1st quarter. Xponance Inc. now owns 4,246 shares of the company's stock valued at $248,000 after buying an additional 450 shares during the last quarter. Institutional investors and hedge funds own 89.96% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. UBS Group dropped their target price on Intapp from $83.00 to $72.00 and set a "buy" rating on the stock in a research report on Wednesday, August 13th. Citigroup dropped their target price on Intapp from $66.00 to $53.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 16th. Piper Sandler raised Intapp to a "neutral" rating and set a $55.00 target price on the stock in a research report on Tuesday, June 24th. Wall Street Zen lowered Intapp from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 21st. Finally, Barclays raised their price target on Intapp from $44.00 to $47.00 and gave the company an "underweight" rating in a research note on Wednesday, August 13th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Intapp presently has a consensus rating of "Hold" and a consensus price target of $60.63.

Intapp Price Performance

INTA stock traded down $1.32 during mid-day trading on Tuesday, reaching $44.67. The company had a trading volume of 181,420 shares, compared to its average volume of 755,209. Intapp, Inc. has a 52 week low of $35.51 and a 52 week high of $77.74. The stock has a 50 day simple moving average of $43.82 and a two-hundred day simple moving average of $52.76. The company has a market capitalization of $3.67 billion, a price-to-earnings ratio of -186.12, a PEG ratio of 19.60 and a beta of 0.74.

Intapp (NASDAQ:INTA - Get Free Report) last issued its earnings results on Tuesday, August 12th. The company reported $0.27 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $132.07 million. During the same period in the previous year, the company posted $0.15 EPS. The firm's revenue for the quarter was up 18.1% compared to the same quarter last year. 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 analysts predict that Intapp, Inc. will post -0.14 EPS for the current year.

Intapp announced that its board has authorized a stock buyback program on Tuesday, August 12th that permits the company to buyback $150.00 million in shares. This buyback authorization permits the company to purchase up to 5.2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its stock is undervalued.

Insider Activity at Intapp

In other news, CFO David H. Morton, Jr. sold 10,000 shares of Intapp stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $42.95, for a total transaction of $429,500.00. Following the completion of the transaction, the chief financial officer directly owned 36,855 shares in the company, valued at approximately $1,582,922.25. The trade was a 21.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Michele Murgel sold 5,425 shares of Intapp stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total value of $228,175.50. Following the sale, the insider directly 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 99,649 shares of company stock worth $4,224,079 in the last three months. 13.02% of the stock is owned by company insiders.

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.