Intapp (NASDAQ:INTA) Raised to “Hold” at Zacks Research

Intapp (NASDAQ:INTA) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

INTA has been the topic of a number of other reports. Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a research note on Friday, June 5th. Citigroup boosted their target price on shares of Intapp from $26.00 to $29.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research note on Sunday, June 21st. Barclays increased their price target on shares of Intapp from $20.00 to $25.00 and gave the company an “underweight” rating in a report on Wednesday, May 6th. Finally, UBS Group decreased their price objective on shares of Intapp from $54.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $34.57.

Intapp Stock Up 3.9%

Shares of Intapp stock opened at $27.39 on Wednesday. The firm has a market cap of $2.11 billion, a price-to-earnings ratio of -59.54, a price-to-earnings-growth ratio of 2.92 and a beta of 0.47. Intapp has a 52-week low of $19.01 and a 52-week high of $49.10. The company’s 50-day simple moving average is $22.83 and its 200-day simple moving average is $28.27.

Intapp (NASDAQ:INTA) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. Intapp had a negative return on equity of 2.28% and a negative net margin of 6.48%.The company had revenue of $146.04 million for the quarter, compared to analyst estimates of $144.32 million. During the same quarter in the previous year, the company earned $0.26 EPS. The firm’s revenue for the quarter was up 13.1% compared to the same quarter last year. 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 will post -0.05 EPS for the current year.

Insider Transactions at Intapp

In other Intapp news, insider Michele Murgel sold 14,591 shares of the firm’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $25.02, for a total value of $365,066.82. Following the sale, the insider directly owned 233,632 shares of the company’s stock, valued at approximately $5,845,472.64. This trade represents a 5.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 11.21% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of INTA. AMS Capital Ltda grew its stake in shares of Intapp by 83.6% during the 1st quarter. AMS Capital Ltda now owns 324,186 shares of the company’s stock valued at $8,328,000 after buying an additional 147,567 shares during the period. Optiver Holding B.V. raised its position in shares of Intapp by 2,232.1% in the 1st quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock worth $47,000 after buying an additional 1,741 shares during the period. Bank of America Corp DE boosted its holdings in Intapp by 2.3% in the first quarter. Bank of America Corp DE now owns 595,750 shares of the company’s stock valued at $15,305,000 after acquiring an additional 13,179 shares during the last quarter. Amundi boosted its holdings in Intapp by 14.5% in the first quarter. Amundi now owns 26,047 shares of the company’s stock valued at $669,000 after acquiring an additional 3,305 shares during the last quarter. Finally, California State Teachers Retirement System grew its position in Intapp by 41.7% during the first quarter. California State Teachers Retirement System now owns 76,354 shares of the company’s stock valued at $1,962,000 after acquiring an additional 22,478 shares during the period. 89.96% of the stock is currently 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.