Vanguard Group Inc. Trims Position in Intapp, Inc. $INTA

Vanguard Group Inc. lessened its stake in shares of Intapp, Inc. (NASDAQ:INTAFree Report) by 0.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 6,771,199 shares of the company’s stock after selling 33,704 shares during the quarter. Vanguard Group Inc. owned about 0.08% of Intapp worth $310,256,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Wellington Management Group LLP grew its holdings in shares of Intapp by 143.7% during the third quarter. Wellington Management Group LLP now owns 1,891,556 shares of the company’s stock worth $77,365,000 after purchasing an additional 1,115,392 shares in the last quarter. Brown Brothers Harriman & Co. purchased a new stake in Intapp in the third quarter worth approximately $45,349,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in Intapp by 90,094.4% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 533,951 shares of the company’s stock valued at $21,838,000 after purchasing an additional 533,359 shares during the last quarter. Praesidium Investment Management Company LLC lifted its position in Intapp by 26.2% in the third quarter. Praesidium Investment Management Company LLC now owns 1,743,083 shares of the company’s stock valued at $71,292,000 after purchasing an additional 361,691 shares during the last quarter. Finally, Capital World Investors lifted its position in Intapp by 13.5% in the third quarter. Capital World Investors now owns 2,892,169 shares of the company’s stock valued at $118,290,000 after purchasing an additional 343,914 shares during the last quarter. Hedge funds and other institutional investors own 89.96% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on INTA shares. Oppenheimer reiterated a “market perform” rating on shares of Intapp in a research report on Thursday, February 26th. UBS Group lowered their price objective on Intapp from $54.00 to $46.00 and set a “buy” rating for the company in a research report on Thursday, April 23rd. JPMorgan Chase & Co. lowered their price objective on Intapp from $58.00 to $47.00 and set an “overweight” rating for the company in a research report on Wednesday. Zacks Research downgraded Intapp from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Finally, Truist Financial set a $35.00 price objective on Intapp in a research report on Wednesday, February 4th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Intapp has an average rating of “Hold” and an average price target of $34.57.

Check Out Our Latest Stock Report on Intapp

Intapp News Roundup

Here are the key news stories impacting Intapp this week:

Intapp Trading Up 3.9%

INTA opened at $23.98 on Friday. The stock has a fifty day simple moving average of $24.08 and a two-hundred day simple moving average of $33.41. The company has a market cap of $1.85 billion, a price-to-earnings ratio of -52.13, a price-to-earnings-growth ratio of 82.39 and a beta of 0.49. Intapp, Inc. has a 12-month low of $19.24 and a 12-month high of $58.84.

Intapp (NASDAQ:INTAGet Free Report) last released its earnings results on Tuesday, May 5th. The company reported $0.29 EPS for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $144.32 million. During the same period in the prior year, the firm posted $0.26 earnings per share. The company’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. On average, analysts predict that Intapp, Inc. will post 0.01 EPS for the current year.

Intapp announced that its board has approved a share repurchase program on Tuesday, February 3rd that authorizes the company to repurchase $200.00 million in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 7.3% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Intapp Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Intapp (NASDAQ:INTA)

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