Elo Mutual Pension Insurance Co Purchases 3,811 Shares of Intapp, Inc. $INTA

Elo Mutual Pension Insurance Co increased its position in Intapp, Inc. (NASDAQ:INTAFree Report) by 33.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,056 shares of the company’s stock after buying an additional 3,811 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Intapp were worth $777,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. REAP Financial Group LLC grew its position in Intapp by 218.5% in the second quarter. REAP Financial Group LLC now owns 481 shares of the company’s stock worth $25,000 after acquiring an additional 330 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in Intapp in the second quarter worth $31,000. Caitong International Asset Management Co. Ltd boosted its holdings in Intapp by 356.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 643 shares of the company’s stock worth $33,000 after purchasing an additional 502 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Intapp during the first quarter worth $36,000. Finally, Quarry LP raised its holdings in Intapp by 1,155.4% during the first quarter. Quarry LP now owns 703 shares of the company’s stock valued at $41,000 after buying an additional 647 shares in the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on INTA. Citigroup decreased their price target on Intapp from $53.00 to $49.00 and set a “neutral” rating for the company in a research note on Tuesday, October 28th. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research report on Sunday, October 26th. Weiss Ratings restated a “sell (d-)” rating on shares of Intapp in a research note on Monday. Stifel Nicolaus set a $50.00 target price on shares of Intapp in a research note on Wednesday, November 5th. Finally, UBS Group dropped their target price on shares of Intapp from $72.00 to $62.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $54.86.

Get Our Latest Analysis on INTA

Intapp Stock Up 1.5%

Shares of INTA stock opened at $43.22 on Friday. Intapp, Inc. has a 12 month low of $35.51 and a 12 month high of $77.74. The firm has a market cap of $3.54 billion, a PE ratio of -120.05, a price-to-earnings-growth ratio of 71.64 and a beta of 0.70. The stock has a 50 day moving average of $40.14 and a 200-day moving average of $45.12.

Intapp (NASDAQ:INTAGet Free Report) last announced its earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.05. The business had revenue of $139.03 million for the quarter, compared to analyst estimates of $135.34 million. Intapp had a negative net margin of 5.35% and a negative return on equity of 1.58%. Intapp’s revenue was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.21 earnings per share. Intapp has set its FY 2026 guidance at 1.150-1.190 EPS. Q2 2026 guidance at 0.250-0.270 EPS. As a group, equities analysts predict that Intapp, Inc. will post -0.14 EPS for the current fiscal year.

Intapp announced that its Board of Directors has authorized a stock buyback program on Tuesday, August 12th that permits the company to buyback $150.00 million in outstanding shares. This buyback authorization permits the company to buy up to 5.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.

Insider Activity

In related news, CFO David H. Morton, Jr. sold 10,000 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $40.76, for a total transaction of $407,600.00. Following the transaction, the chief financial officer directly owned 43,765 shares in the company, valued at $1,783,861.40. The trade was a 18.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Donald F. Coleman sold 1,520 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $45.21, for a total value of $68,719.20. Following the completion of the transaction, the chief operating officer directly owned 442,061 shares of the company’s stock, valued at approximately $19,985,577.81. This trade represents a 0.34% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 33,763 shares of company stock valued at $1,382,944. Insiders own 11.21% of the company’s stock.

About Intapp

(Free Report)

Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.

See Also

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Institutional Ownership by Quarter for Intapp (NASDAQ:INTA)

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