Intapp (NASDAQ:INTA) Stock Price Up 6.1% - Here's What Happened

Key Points

• Shares jumped ~6.1% midday to $25.38 on Thursday, though trading volume was sharply lower (down about 96% vs. the average session).
• Intapp beat estimates with Q4 EPS of $0.33 (vs. $0.26) and revenue of $140.2M (+15.7% YoY) and set FY2026 guidance of 1.200–1.240 EPS, yet analysts maintain a consensus "Hold" rating with a $39.71 price target.
• The board authorized a $200 million share buyback (up to ~7.3% of shares), while institutional ownership is high (~90%) and insiders hold about 11.2% of the stock.

Shares of Intapp, Inc. (NASDAQ:INTA - Get Free Report) traded up 6.1% during mid-day trading on Thursday . The company traded as high as $25.45 and last traded at $25.3810. 59,182 shares were traded during mid-day trading, a decline of 96% from the average session volume of 1,317,719 shares. The stock had previously closed at $23.93.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on INTA. Truist Financial set a $35.00 target price on Intapp in a research note on Wednesday, February 4th. Citigroup decreased their price target on Intapp from $49.00 to $36.00 and set a "neutral" rating for the company in a research note on Thursday, February 5th. UBS Group set a $54.00 price target on Intapp in a report on Wednesday, February 4th. Wall Street Zen cut shares of Intapp from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 3rd. Finally, Oppenheimer reiterated a "market perform" rating on shares of Intapp in a research report on Thursday, February 26th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Intapp presently has a consensus rating of "Hold" and a consensus price target of $39.71.

Intapp Stock Up 4.8%

The business has a 50-day simple moving average of $27.80 and a two-hundred day simple moving average of $37.18. The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of -83.58, a P/E/G ratio of 105.66 and a beta of 0.73.

Intapp (NASDAQ:INTA - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.26 by $0.07. The company had revenue of $140.21 million for the quarter, compared to the consensus estimate of $138.20 million. Intapp had a negative return on equity of 0.62% and a negative net margin of 4.37%.The company's quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.21 EPS. Intapp has set its FY 2026 guidance at 1.200-1.240 EPS and its Q3 2026 guidance at 0.270-0.290 EPS. On average, analysts forecast that Intapp, Inc. will post -0.14 EPS for the current year.

Intapp declared that its Board of Directors has initiated a stock buyback program on Tuesday, February 3rd that allows the company to repurchase $200.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 7.3% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

Insider Buying and Selling

In related news, CEO John T. Hall sold 8,000 shares of the firm's stock in a transaction that occurred on Monday, December 29th. The shares were sold at an average price of $47.48, for a total transaction of $379,840.00. Following the completion of the sale, the chief executive officer directly owned 5,711,668 shares in the company, valued at approximately $271,189,996.64. This trade represents a 0.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 11.21% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Intapp

A number of institutional investors and hedge funds have recently modified their holdings of INTA. Rockefeller Capital Management L.P. grew its holdings in shares of Intapp by 36.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 10,639 shares of the company's stock worth $487,000 after acquiring an additional 2,834 shares during the last quarter. Strive Financial Group LLC purchased a new stake in shares of Intapp during the fourth quarter valued at $28,000. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Intapp during the fourth quarter valued at $320,000. State of Tennessee Department of Treasury boosted its position in shares of Intapp by 15.8% in the 4th quarter. State of Tennessee Department of Treasury now owns 5,646 shares of the company's stock valued at $259,000 after purchasing an additional 770 shares during the period. Finally, Fuller & Thaler Asset Management Inc. increased its stake in Intapp by 10.6% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 1,134,697 shares of the company's stock worth $51,992,000 after purchasing an additional 108,939 shares in the last quarter. Institutional investors and hedge funds own 89.96% of the company's stock.

About Intapp

Intapp, Inc, headquartered in Palo Alto, California, is a leading provider of cloud-based software solutions designed to meet the unique needs of professional services firms, including law firms, accounting practices, and financial institutions. The company's integrated platform connects front-office business development with back-office risk and compliance functions, enabling organizations to streamline workflows, improve collaboration and enhance client service.

Intapp's suite of applications—such as Intake, Conflicts, Risk, Open, Time and Flow—addresses the entire client lifecycle.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.