Intapp, Inc. $INTA Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund reduced its stake in shares of Intapp, Inc. (NASDAQ:INTA) by 33.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 272,410 shares of the company’s stock after selling 136,092 shares during the period. New York State Common Retirement Fund owned approximately 0.33% of Intapp worth $11,142,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Artisan Partners Limited Partnership increased its holdings in Intapp by 25.5% in the second quarter. Artisan Partners Limited Partnership now owns 1,331,580 shares of the company’s stock valued at $68,736,000 after buying an additional 270,214 shares in the last quarter. TD Asset Management Inc grew its position in shares of Intapp by 26.2% during the 2nd quarter. TD Asset Management Inc now owns 40,204 shares of the company’s stock valued at $2,075,000 after acquiring an additional 8,350 shares during the period. Campbell & CO Investment Adviser LLC purchased a new position in shares of Intapp in the 2nd quarter valued at about $325,000. Knights of Columbus Asset Advisors LLC purchased a new position in shares of Intapp in the 2nd quarter valued at about $1,219,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Intapp in the 2nd quarter worth about $349,000. Institutional investors and hedge funds own 89.96% of the company’s stock.

Insider Activity at Intapp

In related news, CEO John T. Hall sold 8,000 shares of Intapp stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $47.48, for a total transaction of $379,840.00. Following the transaction, the chief executive officer owned 5,711,668 shares in the company, valued at approximately $271,189,996.64. This trade represents a 0.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO David H. Morton, Jr. sold 10,000 shares of the firm’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $40.76, for a total value of $407,600.00. Following the completion of the sale, the chief financial officer directly owned 43,765 shares of the company’s stock, valued at $1,783,861.40. This trade represents a 18.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 48,243 shares of company stock valued at $2,070,785. Insiders own 11.21% of the company’s stock.

Key Headlines Impacting Intapp

Here are the key news stories impacting Intapp this week:

• Positive Sentiment: Q2 results beat expectations — Intapp reported $0.33 EPS vs. a $0.26 consensus and revenue of $140.21M vs. $138.2M; revenue grew ~15.7% year-over-year. Strong top- and bottom-line beats are a direct bullish catalyst. Intapp announces second quarter fiscal year 2026 financial results
• Positive Sentiment: Management lifted guidance — Q3 EPS guide raised to $0.270–$0.290 (vs. $0.20 consensus) and FY2026 EPS guide to $1.200–$1.240 (above $1.17 consensus); revenue guides are roughly in line. Upward guidance typically supports multiple expansion and investor confidence. Intapp announces second quarter fiscal year 2026 financial results
• Positive Sentiment: $200 million share repurchase — Board authorized buybacks (~7.3% of shares), signaling management thinks the stock is undervalued and providing direct support to EPS and share price. Intapp announces $200 million stock repurchase program
• Neutral Sentiment: Earnings call transcript and materials are available — investors can review management commentary and the slide deck for details on client wins, AI product cadence and margin drivers. Useful for confirming durability of guidance. Intapp, Inc. (INTA) Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst write-ups (Zacks et al.) highlight the beat and detail metric-level performance — helpful context but largely restating the press release. Intapp (INTA) Q2 Earnings and Revenues Beat Estimates
• Negative Sentiment: Profitability and valuation remain concerns — Intapp still shows a negative net margin (~-5.35%) and negative ROE; GAAP profitability and cash-conversion trends will be scrutinized even after the beat.
• Negative Sentiment: Technical/valuation headwinds — shares are trading below the 50- and 200-day moving averages and nearer the 52-week low than the high, which can limit upside until positive momentum sustains.

Wall Street Analysts Forecast Growth

INTA has been the topic of several research analyst reports. Citigroup raised their price objective on Intapp from $46.00 to $49.00 and gave the company a “neutral” rating in a report on Tuesday, December 23rd. UBS Group dropped their price target on shares of Intapp from $72.00 to $62.00 and set a “buy” rating on the stock in a research note on Wednesday, November 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Intapp in a research report on Monday, December 29th. Stifel Nicolaus set a $50.00 price objective on shares of Intapp in a report on Wednesday, November 5th. Finally, JPMorgan Chase & Co. cut their target price on shares of Intapp from $80.00 to $70.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Intapp currently has an average rating of “Hold” and a consensus price target of $55.29.

Intapp Stock Down 12.9%

Shares of NASDAQ INTA opened at $29.31 on Wednesday. The firm has a 50-day simple moving average of $42.22 and a 200-day simple moving average of $41.62. The stock has a market capitalization of $2.40 billion, a price-to-earnings ratio of -81.41, a price-to-earnings-growth ratio of 56.57 and a beta of 0.68. Intapp, Inc. has a 52 week low of $28.78 and a 52 week high of $77.74.

Intapp (NASDAQ:INTA) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.05. The company had revenue of $139.03 million during the quarter, compared to the consensus estimate of $135.34 million. Intapp had a negative net margin of 5.35% and a negative return on equity of 1.58%. Intapp’s quarterly revenue was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.21 EPS. As a group, equities research analysts expect that Intapp, Inc. will post -0.14 EPS for the current year.

Intapp announced that its board has initiated a stock repurchase program on Tuesday, February 3rd that allows the company to buyback $200.00 million in shares. This buyback authorization allows the company to buy up to 7.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are 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.