Lazard Asset Management LLC Grows Stock Holdings in Intapp, Inc. $INTA

Lazard Asset Management LLC lifted its holdings in Intapp, Inc. (NASDAQ:INTA) by 100.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 89,968 shares of the company’s stock after buying an additional 45,006 shares during the quarter. Lazard Asset Management LLC’s holdings in Intapp were worth $2,311,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in INTA. AQR Capital Management LLC boosted its position in Intapp by 60.9% during the 1st quarter. AQR Capital Management LLC now owns 30,969 shares of the company’s stock worth $1,808,000 after purchasing an additional 11,719 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Intapp by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,737 shares of the company’s stock valued at $1,853,000 after purchasing an additional 1,379 shares during the period. Goldman Sachs Group Inc. raised its position in Intapp by 2.3% in the first quarter. Goldman Sachs Group Inc. now owns 279,511 shares of the company’s stock valued at $16,318,000 after purchasing an additional 6,210 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of Intapp by 208.0% during the second quarter. Russell Investments Group Ltd. now owns 1,848 shares of the company’s stock worth $95,000 after purchasing an additional 1,248 shares in the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of Intapp during the second quarter worth about $693,000. Hedge funds and other institutional investors own 89.96% of the company’s stock.

Insider Buying and Selling at Intapp

In other news, insider Michele Murgel sold 14,591 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $25.02, for a total transaction of $365,066.82. Following the completion of the sale, the insider 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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.

Intapp Stock Performance

Shares of INTA opened at $32.69 on Monday. The company has a market capitalization of $2.52 billion, a P/E ratio of -71.06, a P/E/G ratio of 4.97 and a beta of 0.42. Intapp, Inc. has a one year low of $19.01 and a one year high of $47.93. The stock has a 50-day moving average price of $25.56 and a 200 day moving average price of $25.79.

Intapp (NASDAQ:INTA) last issued 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 firm had revenue of $146.04 million during the quarter, compared to analyst estimates of $144.32 million. During the same quarter last year, the firm earned $0.26 EPS. Intapp’s quarterly revenue was up 13.1% on a year-over-year basis. 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, equities research analysts forecast that Intapp, Inc. will post -0.06 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a research report on Friday, June 5th. JPMorgan Chase & Co. reduced their price target on Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Barclays upped their price target on Intapp from $20.00 to $25.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Citigroup increased their price objective 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. Finally, UBS Group dropped their price objective on shares of Intapp from $54.00 to $46.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Three 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 MarketBeat.com, Intapp has a consensus rating of “Hold” and a consensus price target of $34.57.

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.