Intapp (NASDAQ:INTA) Reaches New 12-Month Low – Time to Sell?

Intapp, Inc. (NASDAQ:INTA)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $19.10 and last traded at $19.0620, with a volume of 358419 shares traded. The stock had previously closed at $19.83.

Analyst Ratings Changes

INTA has been the subject of several research analyst reports. UBS Group dropped their price objective on Intapp from $54.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Oppenheimer reaffirmed a “market perform” rating on shares of Intapp in a report on Thursday, February 26th. Truist Financial set a $35.00 price objective on Intapp in a report on Wednesday, February 4th. Piper Sandler lowered their target price on shares of Intapp from $33.00 to $25.00 and set a “neutral” rating on the stock in a research note on Thursday, February 26th. Finally, Barclays lifted their target price on shares of Intapp from $20.00 to $25.00 and gave the company an “underweight” rating in a research report on Wednesday, May 6th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $34.57.

Intapp Stock Performance

The company has a market cap of $1.48 billion, a P/E ratio of -41.71 and a beta of 0.49. The stock has a 50-day moving average of $23.09 and a two-hundred day moving average of $31.80.

Intapp (NASDAQ:INTA) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. The business had revenue of $146.04 million for the quarter, compared to analysts’ expectations of $144.32 million. Intapp had a negative net margin of 6.48% and a negative return on equity of 2.28%. The business’s quarterly revenue was up 13.1% on a year-over-year basis. During the same period last year, the business earned $0.26 earnings per share. Intapp has set its Q4 2026 guidance at 0.360-0.380 EPS and its FY 2026 guidance at 1.220-1.240 EPS. As a group, sell-side analysts forecast that Intapp, Inc. will post -0.05 EPS for the current fiscal year.

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

Hedge Funds Weigh In On Intapp

Large investors have recently bought and sold shares of the stock. Strive Financial Group LLC bought a new stake in Intapp in the fourth quarter valued at approximately $28,000. First Horizon Corp purchased a new position in shares of Intapp in the fourth quarter worth $44,000. Federation des caisses Desjardins du Quebec raised its holdings in Intapp by 913.5% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company’s stock valued at $48,000 after buying an additional 950 shares during the last quarter. Advisory Services Network LLC bought a new stake in Intapp during the 3rd quarter valued at $66,000. Finally, Assetmark Inc. boosted its position in Intapp by 33.2% during the 3rd quarter. Assetmark Inc. now owns 1,765 shares of the company’s stock valued at $72,000 after buying an additional 440 shares during the period. 89.96% of the stock is owned by hedge funds and other institutional investors.

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.