Intapp, Inc. (NASDAQ:INTA) Receives $60.63 Consensus PT from Analysts

Key Points

• Intapp, Inc. has received an average recommendation of "Hold" from eight brokerages, with one sell rating, three hold ratings, and four buy ratings, and an average target price of $60.63.
• The company reported earnings surpassing analyst estimates, with $135.04 million in revenue for the quarter, up 18.1% year-over-year, and an EPS of $0.27.
• Intapp's board authorized a $150 million share buyback program, indicating confidence in the company's valuation, while institutional investors hold 89.96% of the stock.

Shares of Intapp, Inc. (NASDAQ:INTA - Get Free Report) have received a consensus recommendation of "Hold" from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $60.6250.

Several brokerages have weighed in on INTA. Piper Sandler upgraded Intapp to a "neutral" rating and set a $55.00 target price on the stock in a research note on Tuesday, June 24th. Stifel Nicolaus reduced their price target on Intapp from $65.00 to $60.00 and set a "buy" rating for the company in a report on Tuesday, July 8th. UBS Group reduced their price target on Intapp from $83.00 to $72.00 and set a "buy" rating for the company in a report on Wednesday, August 13th. Citigroup reduced their price target on Intapp from $66.00 to $53.00 and set a "neutral" rating for the company in a report on Wednesday, July 16th. Finally, Wall Street Zen cut Intapp from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 21st.

Intapp Stock Up 2.2%

NASDAQ:INTA traded up $0.92 during mid-day trading on Wednesday, reaching $42.82. 821,004 shares of the stock were exchanged, compared to its average volume of 1,335,127. The company has a 50 day simple moving average of $44.75 and a 200-day simple moving average of $54.10. Intapp has a 1 year low of $35.51 and a 1 year high of $77.74. The stock has a market capitalization of $3.52 billion, a P/E ratio of -178.42, a P/E/G ratio of 12.96 and a beta of 0.73.

Intapp (NASDAQ:INTA - Get Free Report) last announced 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 return on equity of 0.89% and a negative net margin of 3.61%.The company had revenue of $135.04 million for the quarter, compared to the consensus estimate of $132.07 million. During the same period last year, the business posted $0.15 EPS. The company's revenue 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, research analysts predict that Intapp will post -0.14 EPS for the current year.

Intapp declared that its Board of Directors has initiated a stock repurchase 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 typically an indication that the company's board believes its stock is undervalued.

Insider Activity

In other news, insider Michele Murgel sold 5,425 shares of the business's stock in a transaction 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 completion of the transaction, the insider directly owned 224,522 shares of the company's stock, valued at $9,443,395.32. The trade was a 2.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider David Benjamin Harrison sold 6,690 shares of the business's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total value of $281,381.40. Following the completion of the transaction, the insider directly owned 12,447 shares of the company's stock, valued at approximately $523,520.82. This trade represents a 34.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 53,091 shares of company stock valued at $2,338,767 in the last 90 days. Insiders own 13.02% of the company's stock.

Hedge Funds Weigh In On Intapp

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

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.