Analysts Set Intapp, Inc. (NASDAQ:INTA) Price Target at $37.86

Shares of Intapp, Inc. (NASDAQ:INTA) have been assigned an average rating of “Hold” from the ten brokerages that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $37.8571.

INTA has been the topic of a number of research analyst reports. Zacks Research raised Intapp from a “strong sell” rating to a “hold” rating in a report on Friday, August 28th. Barclays upped their price objective on shares of Intapp from $25.00 to $29.00 and gave the stock an “underweight” rating in a report on Wednesday, August 5th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Intapp in a research report on Wednesday. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Finally, Piper Sandler boosted their price target on shares of Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th.

Intapp Stock Performance

INTA opened at $41.71 on Monday. The business’s 50 day moving average is $34.08 and its 200-day moving average is $27.10. The stock has a market cap of $3.19 billion, a PE ratio of -80.21, a price-to-earnings-growth ratio of 16.10 and a beta of 0.45. Intapp has a twelve month low of $19.01 and a twelve month high of $47.93.

Intapp (NASDAQ:INTA) last posted its earnings results on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.36 by $0.05. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.The firm had revenue of $152.53 million for the quarter, compared to analysts’ expectations of $149.75 million. During the same period last year, the firm earned $0.27 EPS. The firm’s revenue was up 13.0% compared to the same quarter last year. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. As a group, analysts forecast that Intapp will post 0.07 EPS for the current year.

Insider Buying and Selling at Intapp

In related news, CEO John Hall sold 65,802 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $41.20, for a total transaction of $2,711,042.40. Following the transaction, the chief executive officer owned 5,814,808 shares in the company, valued at $239,570,089.60. This trade represents a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michele Murgel sold 14,591 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at approximately $5,845,472.64. The trade was a 5.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 94,491 shares of company stock valued at $3,650,613. 11.21% of the stock is currently owned by company insiders.

Institutional Trading of Intapp

Institutional investors have recently modified their holdings of the company. AQR Capital Management LLC raised its position in Intapp by 60.9% in the first quarter. AQR Capital Management LLC now owns 30,969 shares of the company’s stock worth $1,808,000 after acquiring an additional 11,719 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Intapp by 4.5% during the 1st 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 in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Intapp by 2.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 279,511 shares of the company’s stock worth $16,318,000 after purchasing an additional 6,210 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Intapp by 208.0% in the 2nd 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 stake in Intapp during the second quarter valued at approximately $693,000. Institutional investors and hedge funds own 89.96% of the company’s stock.

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.