Norges Bank purchased a new stake in Intapp, Inc. (NASDAQ:INTA – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 704,977 shares of the company’s stock, valued at approximately $32,302,000.
Several other large investors have also made changes to their positions in INTA. Wellington Management Group LLP grew its stake in shares of Intapp by 143.7% in the 3rd quarter. Wellington Management Group LLP now owns 1,891,556 shares of the company’s stock valued at $77,365,000 after buying an additional 1,115,392 shares in the last quarter. Brown Brothers Harriman & Co. bought a new stake in Intapp during the third quarter worth approximately $45,349,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in Intapp by 90,094.4% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 533,951 shares of the company’s stock worth $21,838,000 after purchasing an additional 533,359 shares during the period. Praesidium Investment Management Company LLC boosted its position in Intapp by 26.2% during the third quarter. Praesidium Investment Management Company LLC now owns 1,743,083 shares of the company’s stock worth $71,292,000 after purchasing an additional 361,691 shares during the period. Finally, Capital World Investors boosted its position in Intapp by 13.5% during the third quarter. Capital World Investors now owns 2,892,169 shares of the company’s stock worth $118,290,000 after purchasing an additional 343,914 shares during the period. Institutional investors own 89.96% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have issued reports on INTA. Oppenheimer restated a “market perform” rating on shares of Intapp in a report on Thursday, February 26th. Zacks Research cut Intapp from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 5th. UBS Group lowered their target price on Intapp from $54.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Piper Sandler lowered their target price on Intapp from $33.00 to $25.00 and set a “neutral” rating on the stock in a report on Thursday, February 26th. Finally, Citigroup increased their price objective on Intapp from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Intapp has an average rating of “Hold” and an average target price of $34.57.
Intapp Price Performance
Shares of INTA stock opened at $24.22 on Tuesday. The stock has a market cap of $1.86 billion, a P/E ratio of -52.65 and a beta of 0.49. Intapp, Inc. has a one year low of $19.01 and a one year high of $58.79. The stock has a fifty day moving average price of $22.77 and a 200 day moving average price of $30.68.
Intapp (NASDAQ:INTA – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. The firm had revenue of $146.04 million during the quarter, compared to analysts’ expectations of $144.32 million. Intapp had a negative return on equity of 2.28% and a negative net margin of 6.48%.Intapp’s quarterly revenue was up 13.1% compared to the same quarter last year. 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. Equities research analysts anticipate that Intapp, Inc. will post -0.05 EPS for the current year.
Intapp 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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