Rep. Josh Gottheimer Sells Off Shares of Intapp, Inc. (NASDAQ:INTA)

Key Points

• Rep. Josh Gottheimer disclosed selling between $1,001 and $15,000 of Intapp (NASDAQ:INTA) stock on March 12 in his "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" (filing posted April 8).
• Intapp shares were trading down about 5.3% (opened at $21.27) and near their 1‑year low, reflecting investor pressure despite recent operational results.
• Intapp reported an EPS beat ($0.33 vs. $0.26) with revenue up 15.7%, provided FY2026 EPS guidance of 1.20–1.24, and the board authorized a $200 million share buyback; analysts have trimmed price targets and maintain mixed ratings (average target ~$39.71).

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Intapp, Inc. NASDAQ: INTA. In a filing disclosed on April 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intapp stock on March 12th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of ENN Energy OTCMKTS: XNGSY on 3/24/2026.
• Sold $1,001 - $15,000 in shares of Crown Castle NYSE: CCI on 3/24/2026.
• Purchased $1,001 - $15,000 in shares of Fabrinet NYSE: FN on 3/24/2026.
• Sold $1,001 - $15,000 in shares of Alcon NYSE: ALC on 3/12/2026.
• Sold $1,001 - $15,000 in shares of La-Z-Boy NYSE: LZB on 3/12/2026.
• Sold $1,001 - $15,000 in shares of HDFC Bank NYSE: HDB on 3/12/2026.
• Sold $1,001 - $15,000 in shares of Infineon Technologies OTCMKTS: IFNNY on 3/12/2026.
• Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/10/2026.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 3/6/2026.
• Sold $1,001 - $15,000 in shares of Columbia Banking System NASDAQ: COLB on 3/5/2026.

Intapp Trading Down 5.3%

Shares of INTA opened at $21.27 on Friday. The firm's 50-day moving average price is $24.87 and its 200-day moving average price is $35.67. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of -70.90, a PEG ratio of 98.34 and a beta of 0.64. Intapp, Inc. has a 1-year low of $19.24 and a 1-year high of $59.10.

Intapp (NASDAQ:INTA - Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.07. Intapp had a negative net margin of 4.37% and a negative return on equity of 0.62%. The company had revenue of $140.21 million during the quarter, compared to analysts' expectations of $138.20 million. During the same period last year, the company posted $0.21 EPS. Intapp's revenue was up 15.7% on a year-over-year basis. 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, research analysts forecast that Intapp, Inc. will post -0.14 EPS for the current fiscal year.

Intapp announced that its Board of Directors has authorized a share repurchase plan on Tuesday, February 3rd that authorizes the company to buyback $200.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 7.3% of its shares through open market purchases. Shares buyback plans are often a sign that the company's management believes its stock is undervalued.

Analyst Ratings Changes

INTA has been the subject of a number of recent research reports. Citigroup lowered their price target on shares of Intapp from $49.00 to $36.00 and set a "neutral" rating for the company in a research report on Thursday, February 5th. Stifel Nicolaus lowered their price target on shares of Intapp from $40.00 to $35.00 and set a "buy" rating for the company in a research report on Thursday, February 26th. Piper Sandler lowered their price target on shares of Intapp from $33.00 to $25.00 and set a "neutral" rating for the company in a research report on Thursday, February 26th. JPMorgan Chase & Co. lowered their price target on shares of Intapp from $70.00 to $58.00 and set an "overweight" rating for the company in a research report on Wednesday, February 4th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Intapp in a research report on Monday, December 29th. 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 MarketBeat, the stock has an average rating of "Hold" and an average target price of $39.71.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Strive Financial Group LLC purchased a new position in Intapp in the fourth quarter worth about $28,000. First Horizon Corp purchased a new position in Intapp in the fourth quarter worth about $44,000. Federation des caisses Desjardins du Quebec raised its holdings in Intapp by 913.5% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company's stock worth $48,000 after buying an additional 950 shares during the last quarter. Blue Trust Inc. raised its holdings in Intapp by 27.9% in the third quarter. Blue Trust Inc. now owns 1,421 shares of the company's stock worth $58,000 after buying an additional 310 shares during the last quarter. Finally, CWM LLC raised its holdings in Intapp by 77.8% in the third quarter. CWM LLC now owns 1,604 shares of the company's stock worth $66,000 after buying an additional 702 shares during the last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Intapp Company Profile

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.

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