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

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.

Intapp, Inc. (NASDAQ:INTA - Get Free Report) has received an average rating of "Hold" from the eight brokerages that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $60.6250.

INTA has been the topic of a number of analyst reports. Barclays increased their price target on Intapp from $44.00 to $47.00 and gave the stock an "underweight" rating in a research report on Wednesday, August 13th. UBS Group reduced their price target on Intapp from $83.00 to $72.00 and set a "buy" rating on the stock in a research report on Wednesday, August 13th. Stifel Nicolaus reduced their price target on Intapp from $65.00 to $60.00 and set a "buy" rating on the stock in a research report on Tuesday, July 8th. Wall Street Zen downgraded Intapp from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 21st. Finally, Piper Sandler raised Intapp to a "neutral" rating and set a $55.00 price target on the stock in a research report on Tuesday, June 24th.

Intapp Price Performance

NASDAQ:INTA traded up $0.92 during trading hours on Wednesday, reaching $42.82. 821,004 shares of the company were exchanged, compared to its average volume of 1,352,024. The company has a market capitalization of $3.52 billion, a P/E ratio of -178.42, a P/E/G ratio of 13.25 and a beta of 0.73. Intapp has a 1-year low of $35.51 and a 1-year high of $77.74. The business has a 50 day moving average of $44.75 and a 200 day moving average of $53.85.

Intapp (NASDAQ:INTA - Get Free Report) last issued its quarterly earnings results on Tuesday, August 12th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.23 by $0.04. The business had revenue of $135.04 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter in the prior 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. As a group, equities research analysts anticipate that Intapp will post -0.14 earnings per share for the current fiscal year.

Intapp announced that its board has authorized a stock repurchase program on Tuesday, August 12th that allows the company to buyback $150.00 million in shares. This buyback authorization allows the company to repurchase up to 5.2% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its shares are undervalued.

Insider Activity

In other Intapp news, CEO John T. Hall sold 13,977 shares of the company's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total transaction of $587,872.62. Following the completion of the sale, the chief executive officer directly owned 5,624,993 shares in the company, valued at $236,587,205.58. This represents a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider David Benjamin Harrison sold 6,690 shares of the company'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 sale, the insider owned 12,447 shares of the company's stock, valued at $523,520.82. The trade was a 34.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 53,091 shares of company stock valued at $2,338,767. Corporate insiders own 13.02% of the company's stock.

Institutional Investors Weigh In On Intapp

Several institutional investors and hedge funds have recently added to or reduced their stakes in INTA. Westfield Capital Management Co. LP bought a new stake in Intapp during the second quarter worth $38,657,000. Norges Bank acquired a new position in shares of Intapp during the second quarter worth $35,081,000. Nuveen LLC acquired a new position in shares of Intapp during the first quarter worth $35,117,000. Lord Abbett & CO. LLC bought a new position in shares of Intapp in the 4th quarter valued at $30,563,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Intapp by 4.5% during the 1st quarter. Vanguard Group Inc. now owns 6,652,139 shares of the company's stock valued at $388,352,000 after acquiring an additional 283,923 shares in the last quarter. 89.96% of the stock is currently owned by institutional investors.

About Intapp

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.