Quantinno Capital Management LP Has $1.65 Million Position in Intapp, Inc. $INTA

Quantinno Capital Management LP lessened its position in Intapp, Inc. (NASDAQ:INTA) by 32.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,169 shares of the company’s stock after selling 30,936 shares during the period. Quantinno Capital Management LP owned about 0.08% of Intapp worth $1,649,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. AQR Capital Management LLC increased its position in Intapp by 60.9% during the first quarter. AQR Capital Management LLC now owns 30,969 shares of the company’s stock worth $1,808,000 after buying an additional 11,719 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of 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 buying an additional 1,379 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Intapp by 2.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 279,511 shares of the company’s stock worth $16,318,000 after acquiring an additional 6,210 shares during the period. Russell Investments Group Ltd. increased its holdings in shares of Intapp by 208.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,848 shares of the company’s stock worth $95,000 after acquiring an additional 1,248 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of Intapp during the 2nd quarter worth approximately $693,000. 89.96% of the stock is owned by institutional investors.

Intapp Price Performance

INTA stock opened at $39.53 on Thursday. The stock has a market capitalization of $3.04 billion, a price-to-earnings ratio of -76.02, a PEG ratio of 15.41 and a beta of 0.42. The business’s fifty day moving average price is $27.90 and its two-hundred day moving average price is $25.68. Intapp, Inc. has a fifty-two week low of $19.01 and a fifty-two week high of $47.93.

Intapp (NASDAQ:INTA) last announced its earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.12%. The company had revenue of $152.53 million during the quarter, compared to analysts’ expectations of $149.75 million. During the same quarter in the previous year, the business posted $0.27 earnings per share. Intapp’s quarterly revenue was up 13.0% on a year-over-year basis. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. Research analysts expect that Intapp, Inc. will post 0.07 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Truist Financial lifted their price objective on shares of Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Piper Sandler raised their target price on shares of Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a report on Friday, June 5th. JPMorgan Chase & Co. decreased their price target on shares of Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Finally, Barclays increased their price target on shares of Intapp from $25.00 to $29.00 and gave the company an “underweight” rating in a report on Wednesday, August 5th. Four investment 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, Intapp has a consensus rating of “Hold” and a consensus target price of $37.86.

Insider Transactions at Intapp

In other Intapp news, insider Michele Murgel sold 14,591 shares of the business’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $25.02, for a total value of $365,066.82. Following the completion of the sale, the insider owned 233,632 shares of the company’s stock, valued at $5,845,472.64. The trade was a 5.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 11.21% of the stock is owned by corporate insiders.

About Intapp

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.