Intapp, Inc. (NASDAQ:INTA) Given Average Rating of "Hold" by Brokerages

Key Points

• Intapp, Inc. has been given an average rating of "Hold" by nine research firms, with two sell, three hold, and four buy ratings since its public offering.
• The company recently announced a $150 million stock repurchase plan, indicating the board's belief that its shares are undervalued.
• Intapp reported a revenue increase of 18.1% year-over-year in its latest quarterly results, with an EPS of $0.27 exceeding estimates.

Shares of Intapp, Inc. (NASDAQ:INTA - Get Free Report) have been given an average rating of "Hold" by the nine research firms that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $60.6250.

A number of research firms recently commented on INTA. Wall Street Zen raised shares of Intapp from a "hold" rating to a "buy" rating in a research note on Sunday, September 14th. Citigroup dropped their price objective on Intapp from $66.00 to $53.00 and set a "neutral" rating for the company in a report on Wednesday, July 16th. Piper Sandler upgraded Intapp to a "neutral" rating and set a $55.00 price objective for the company in a report on Tuesday, June 24th. Barclays boosted their target price on shares of Intapp from $44.00 to $47.00 and gave the company an "underweight" rating in a research note on Wednesday, August 13th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Intapp in a research note on Saturday, September 27th.

Insider Transactions at Intapp

In other Intapp news, CEO John T. Hall sold 8,000 shares of the company's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $43.46, for a total value of $347,680.00. Following the completion of 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Thad Jampol sold 2,968 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $41.80, for a total value of $124,062.40. Following the completion of the sale, the insider owned 879,434 shares of the company's stock, valued at $36,760,341.20. This represents a 0.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 101,169 shares of company stock valued at $4,292,798 in the last ninety days. Corporate insiders own 13.02% of the company's stock.

Institutional Investors Weigh In On Intapp

Hedge funds have recently made changes to their positions in the stock. REAP Financial Group LLC boosted its holdings in shares of Intapp by 218.5% in the 2nd quarter. REAP Financial Group LLC now owns 481 shares of the company's stock valued at $25,000 after buying an additional 330 shares in the last quarter. Farther Finance Advisors LLC lifted its position in Intapp by 74.2% during the first quarter. Farther Finance Advisors LLC now owns 526 shares of the company's stock valued at $31,000 after acquiring an additional 224 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in Intapp in the second quarter valued at approximately $31,000. BI Asset Management Fondsmaeglerselskab A S purchased a new position in Intapp in the first quarter worth $36,000. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of Intapp by 356.0% during the second quarter. Caitong International Asset Management Co. Ltd now owns 643 shares of the company's stock worth $33,000 after purchasing an additional 502 shares in the last quarter. 89.96% of the stock is currently owned by hedge funds and other institutional investors.

Intapp Stock Up 0.6%

Shares of NASDAQ:INTA opened at $39.42 on Thursday. Intapp has a 52 week low of $35.51 and a 52 week high of $77.74. The stock has a market capitalization of $3.24 billion, a P/E ratio of -164.25, a PEG ratio of 16.70 and a beta of 0.71. The firm has a fifty day simple moving average of $42.46 and a two-hundred day simple moving average of $49.09.

Intapp (NASDAQ:INTA - Get Free Report) last released its quarterly 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. The company had revenue of $135.04 million during the quarter, compared to analyst estimates of $132.07 million. Intapp had a negative return on equity of 0.89% and a negative net margin of 3.61%.The firm's revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the business posted $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, analysts expect that Intapp will post -0.14 earnings per share for the current year.

Intapp announced that its board has initiated a stock repurchase plan on Tuesday, August 12th that authorizes the company to repurchase $150.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors 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.

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