Vanguard Group Inc. Grows Stock Holdings in Intapp, Inc. $INTA

Key Points

• Vanguard Group Inc. increased its stake in Intapp, Inc. by 4.5%, owning approximately 8.38% of the company after acquiring an additional 283,923 shares in the first quarter.
• Intapp has seen a year-over-year revenue increase of 18.1% and reported earnings per share of $0.27, exceeding estimates while also announcing a share repurchase program worth $150 million.
• Multiple analysts recently adjusted their ratings and price targets for Intapp, with a consensus rating of "Hold" and an average price target of $60.63.

Vanguard Group Inc. raised its holdings in Intapp, Inc. (NASDAQ:INTA - Free Report) by 4.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,652,139 shares of the company's stock after purchasing an additional 283,923 shares during the quarter. Vanguard Group Inc. owned 8.38% of Intapp worth $388,352,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of INTA. Capital World Investors lifted its stake in Intapp by 30.3% in the 4th quarter. Capital World Investors now owns 1,701,939 shares of the company's stock valued at $109,077,000 after buying an additional 395,804 shares in the last quarter. Jennison Associates LLC raised its holdings in Intapp by 0.9% in the 1st quarter. Jennison Associates LLC now owns 1,550,010 shares of the company's stock valued at $90,490,000 after acquiring an additional 13,577 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in Intapp by 8.7% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 1,197,486 shares of the company's stock valued at $76,747,000 after acquiring an additional 95,761 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Intapp by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 859,709 shares of the company's stock valued at $55,101,000 after acquiring an additional 6,541 shares during the last quarter. Finally, Nuveen Asset Management LLC raised its holdings in Intapp by 43.3% in the 4th quarter. Nuveen Asset Management LLC now owns 628,995 shares of the company's stock valued at $40,312,000 after acquiring an additional 189,989 shares during the last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Insider Transactions at Intapp

In other Intapp news, CMO Scott Fitzgerald sold 2,872 shares of the firm's stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $42.06, for a total value of $120,796.32. Following the completion of the transaction, the chief marketing officer owned 48,370 shares of the company's stock, valued at $2,034,442.20. This trade represents a 5.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO David H. Morton, Jr. sold 9,943 shares of the firm's stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $42.06, for a total transaction of $418,202.58. Following the completion of the transaction, the chief financial officer directly owned 51,623 shares of the company's stock, valued at $2,171,263.38. This represents a 16.15% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 108,566 shares of company stock worth $5,390,547 in the last three months. Company insiders own 13.02% of the company's stock.

Intapp Trading Up 0.2%

Intapp stock traded up $0.07 during trading on Thursday, hitting $41.90. The company had a trading volume of 840,101 shares, compared to its average volume of 1,331,699. Intapp, Inc. has a 1-year low of $35.51 and a 1-year high of $77.74. The company's 50 day simple moving average is $44.96 and its 200-day simple moving average is $54.31. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of -174.58, a price-to-earnings-growth ratio of 12.94 and a beta of 0.73.

Intapp (NASDAQ:INTA - Get Free Report) last posted its 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. Intapp had a negative net margin of 3.61% and a negative return on equity of 0.91%. The firm had revenue of $135.04 million during the quarter, compared to the consensus estimate of $132.07 million. During the same quarter last year, the firm 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. As a group, analysts forecast that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

Intapp announced that its board has initiated 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 repurchase 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 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.