Intapp (NASDAQ:INTA) Trading Up 10.3% on Analyst Upgrade

Intapp, Inc. (NASDAQ:INTA) rose 10.3% on Tuesday after Wall Street Zen upgraded the stock from a buy rating to a strong-buy rating. The company traded as high as $21.55 and last traded at $21.4790. Approximately 1,050,860 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 1,359,636 shares. The stock had previously closed at $19.47.

A number of other research firms also recently issued reports on INTA. Citigroup cut their target price on shares of Intapp from $49.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Intapp in a research report on Monday, December 29th. Stifel Nicolaus decreased their price objective on Intapp from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. UBS Group set a $54.00 target price on Intapp in a report on Wednesday, February 4th. Finally, Piper Sandler cut their price target on shares of Intapp from $42.00 to $33.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $41.57.

Insider Transactions at Intapp

In other news, CEO John T. Hall sold 8,000 shares of the stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $47.48, for a total transaction of $379,840.00. Following the completion of the transaction, the chief executive officer directly owned 5,711,668 shares in the company, valued at $271,189,996.64. This represents a 0.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 11.21% of the company’s stock.

Institutional Investors Weigh In On Intapp

Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in shares of Intapp by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 6,804,903 shares of the company’s stock valued at $278,321,000 after purchasing an additional 25,702 shares in the last quarter. Bamco Inc. NY lifted its stake in shares of Intapp by 15.5% in the 4th quarter. Bamco Inc. NY now owns 3,327,989 shares of the company’s stock valued at $152,488,000 after acquiring an additional 447,039 shares during the last quarter. Capital World Investors boosted its stake in shares of Intapp by 3.5% during the fourth quarter. Capital World Investors now owns 2,992,169 shares of the company’s stock valued at $137,101,000 after purchasing an additional 100,000 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Intapp by 143.7% in the third 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 during the period. Finally, Praesidium Investment Management Company LLC raised its holdings in Intapp by 5.7% in the 4th quarter. Praesidium Investment Management Company LLC now owns 1,841,850 shares of the company’s stock valued at $84,394,000 after buying an additional 98,767 shares during the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

Intapp Trading Up 10.1%

The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of -71.42, a P/E/G ratio of 127.50 and a beta of 0.68. The firm’s 50-day moving average is $36.67 and its 200 day moving average is $39.91.

Intapp (NASDAQ:INTA) last issued its earnings results on Tuesday, February 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.07. Intapp had a negative return on equity of 0.62% and a negative net margin of 4.37%.The company had revenue of $140.21 million for the quarter, compared to analysts’ expectations of $138.20 million. During the same period last year, the business earned $0.21 EPS. Intapp’s quarterly revenue was up 15.7% compared to the same quarter last year. Intapp has set its FY 2026 guidance at 1.200-1.240 EPS and its Q3 2026 guidance at 0.270-0.290 EPS. Analysts predict that Intapp, Inc. will post -0.14 EPS for the current year.

Intapp announced that its Board of Directors has approved a share buyback plan on Tuesday, February 3rd that allows the company to buyback $200.00 million in outstanding shares. This buyback authorization allows the company to reacquire up to 7.3% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.

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.