Brokerages Set Intapp, Inc. (NASDAQ:INTA) PT at $34.57

Shares of Intapp, Inc. (NASDAQ:INTAGet Free Report) have received a consensus recommendation of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $34.5714.

A number of research firms have recently commented on INTA. Barclays increased their target price on shares of Intapp from $20.00 to $25.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. dropped their price objective on shares of Intapp from $58.00 to $47.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Citigroup raised their target price on shares of Intapp from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. UBS Group lowered their price target on shares of Intapp from $54.00 to $46.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Intapp in a report on Friday, June 5th.

Check Out Our Latest Report on Intapp

Intapp Price Performance

NASDAQ INTA opened at $29.12 on Friday. The business has a fifty day moving average price of $23.95 and a two-hundred day moving average price of $27.00. The stock has a market capitalization of $2.24 billion, a PE ratio of -63.30, a PEG ratio of 3.22 and a beta of 0.47. Intapp has a fifty-two week low of $19.01 and a fifty-two week high of $47.93.

Intapp (NASDAQ:INTAGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate 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 last year, the company posted $0.26 EPS. The company’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. As a group, sell-side analysts expect that Intapp will post -0.05 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Michele Murgel sold 14,591 shares of Intapp stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $25.02, for a total transaction 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 11.21% of the company’s stock.

Institutional Investors Weigh In On Intapp

A number of institutional investors have recently added to or reduced their stakes in the business. Wellington Management Group LLP boosted its holdings in 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 acquiring an additional 1,115,392 shares during the last quarter. Brown Brothers Harriman & Co. acquired a new position in shares of Intapp in the 3rd quarter worth approximately $45,349,000. Barclays PLC lifted its position in shares of Intapp by 1,160.6% in the 4th quarter. Barclays PLC now owns 1,094,989 shares of the company’s stock worth $50,172,000 after purchasing an additional 1,008,128 shares during the period. Norges Bank bought a new stake in shares of Intapp in the 4th quarter valued at $32,302,000. Finally, Goldman Sachs Group Inc. increased its position in shares of Intapp by 103.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,212,052 shares of the company’s stock worth $55,536,000 after buying an additional 617,649 shares during the period. 89.96% of the stock is owned by institutional investors.

About Intapp

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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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Analyst Recommendations for Intapp (NASDAQ:INTA)

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