Quantbot Technologies LP Decreases Stock Holdings in Intapp, Inc. $INTA

Quantbot Technologies LP cut its stake in Intapp, Inc. (NASDAQ:INTA) by 83.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,695 shares of the company’s stock after selling 29,521 shares during the period. Quantbot Technologies LP’s holdings in Intapp were worth $233,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Blue Trust Inc. grew its holdings in Intapp by 27.9% in the 3rd quarter. Blue Trust Inc. now owns 1,421 shares of the company’s stock valued at $58,000 after buying an additional 310 shares in the last quarter. Caxton Associates LLP raised its holdings in shares of Intapp by 6.9% during the 2nd quarter. Caxton Associates LLP now owns 5,982 shares of the company’s stock worth $309,000 after acquiring an additional 388 shares during the period. Assetmark Inc. raised its holdings in shares of Intapp by 33.2% during the 3rd quarter. Assetmark Inc. now owns 1,765 shares of the company’s stock worth $72,000 after acquiring an additional 440 shares during the period. Police & Firemen s Retirement System of New Jersey boosted its position in shares of Intapp by 3.9% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 12,192 shares of the company’s stock valued at $629,000 after acquiring an additional 463 shares during the last quarter. Finally, Arizona State Retirement System boosted its position in shares of Intapp by 3.4% during the 3rd quarter. Arizona State Retirement System now owns 16,763 shares of the company’s stock valued at $686,000 after acquiring an additional 554 shares during the last quarter. Institutional investors and hedge funds own 89.96% of the company’s stock.

Intapp Price Performance

Shares of INTA stock opened at $25.34 on Thursday. Intapp, Inc. has a 1-year low of $19.24 and a 1-year high of $64.31. The firm has a market cap of $2.04 billion, a PE ratio of -84.47, a price-to-earnings-growth ratio of 111.53 and a beta of 0.73. The company has a 50-day moving average of $31.45 and a two-hundred day moving average of $38.59.

Intapp (NASDAQ:INTA) last released 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 business had revenue of $140.21 million for the quarter, compared to the consensus estimate of $138.20 million. During the same period in the previous year, the firm earned $0.21 EPS. The business’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. Sell-side analysts anticipate that Intapp, Inc. will post -0.14 EPS for the current fiscal year.

Intapp announced that its Board of Directors has authorized a stock buyback program on Tuesday, February 3rd that authorizes the company to buyback $200.00 million in outstanding shares. This buyback authorization authorizes the company to buy up to 7.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

INTA has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut their price objective 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. UBS Group set a $54.00 price target on shares of Intapp in a research note on Wednesday, February 4th. Citigroup cut their price target on shares of Intapp from $49.00 to $36.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Stifel Nicolaus reduced their price target on shares of Intapp from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Finally, Wall Street Zen cut Intapp from a “strong-buy” rating to a “buy” rating in a report on Tuesday, March 3rd. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $39.71.

Insider Activity

In other news, CEO John T. Hall sold 8,000 shares of the stock in a transaction on Monday, December 29th. The stock was sold at an average price of $47.48, for a total value of $379,840.00. Following 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 11.21% 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.