TimesSquare Capital Management LLC Invests $12.65 Million in Intapp, Inc. $INTA

TimesSquare Capital Management LLC acquired a new stake in shares of Intapp, Inc. (NASDAQ:INTA) in the second quarter, Holdings Channel.com reports. The firm acquired 501,786 shares of the company’s stock, valued at approximately $12,650,000.

A number of other institutional investors have also added to or reduced their stakes in INTA. Jennison Associates LLC raised its holdings in Intapp by 3.7% in the 4th quarter. Jennison Associates LLC now owns 1,831,625 shares of the company’s stock valued at $83,925,000 after acquiring an additional 65,174 shares in the last quarter. AMS Capital Ltda grew its holdings in shares of Intapp by 83.6% during the 1st quarter. AMS Capital Ltda now owns 324,186 shares of the company’s stock worth $8,328,000 after purchasing an additional 147,567 shares in the last quarter. Lazard Asset Management LLC grew its holdings in shares of Intapp by 100.1% during the 1st quarter. Lazard Asset Management LLC now owns 89,968 shares of the company’s stock worth $2,311,000 after purchasing an additional 45,006 shares in the last quarter. Norges Bank bought a new stake in shares of Intapp during the fourth quarter valued at approximately $32,302,000. Finally, Nicholas Company Inc. increased its position in shares of Intapp by 16.0% during the fourth quarter. Nicholas Company Inc. now owns 148,124 shares of the company’s stock valued at $6,787,000 after purchasing an additional 20,419 shares during the period. 89.96% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Intapp

In other news, insider Michele Murgel sold 14,591 shares of the firm’s stock in a transaction 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 completion of the sale, the insider directly owned 233,632 shares in the company, valued at approximately $5,845,472.64. This trade represents a 5.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 11.21% of the company’s stock.

Intapp Price Performance

NASDAQ INTA opened at $38.49 on Tuesday. The firm has a market cap of $2.96 billion, a PE ratio of -74.02, a price-to-earnings-growth ratio of 15.49 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’s 50 day simple moving average is $28.84 and its 200 day simple moving average is $25.71.

Intapp (NASDAQ:INTA) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.05. The firm had revenue of $152.53 million during the quarter, compared to the consensus estimate of $149.75 million. Intapp had a negative return on equity of 3.12% and a negative net margin of 7.15%.The business’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS. 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, equities analysts expect that Intapp, Inc. will post 0.07 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on INTA shares. Barclays raised their target price on Intapp from $25.00 to $29.00 and gave the stock an “underweight” rating in a research report on Wednesday, August 5th. Truist Financial upped their price objective on Intapp from $35.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Zacks Research lowered shares of Intapp from a “hold” rating to a “strong sell” rating in a report on Thursday, July 30th. Wall Street Zen upgraded shares of Intapp from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, UBS Group cut their price target on shares of Intapp from $54.00 to $46.00 and set a “buy” rating for the company in a report on Thursday, April 23rd. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $37.86.

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.