Intapp, Inc. (NASDAQ:INTA – Get Free Report) has been given an average recommendation of “Hold” by the ten research firms that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $37.8571.
Several brokerages have recently issued reports on INTA. UBS Group cut their price target on Intapp from $54.00 to $46.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Truist Financial boosted their price objective on Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a research report on Friday, June 5th. Zacks Research lowered shares of Intapp from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 30th. Finally, Piper Sandler lifted 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.
Check Out Our Latest Analysis on Intapp
Intapp Price Performance
Intapp (NASDAQ:INTA – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.05. The firm had revenue of $152.53 million for 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 prior year, the business earned $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. On average, sell-side analysts expect that Intapp will post 0.19 EPS for the current year.
Insider Transactions at Intapp
In other Intapp news, insider Michele Murgel sold 14,591 shares of Intapp stock in a transaction on Friday, June 26th. The shares were sold at an average price of $25.02, for a total transaction of $365,066.82. Following the completion of the sale, the insider owned 233,632 shares of the company’s stock, valued at approximately $5,845,472.64. The trade was a 5.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 11.21% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Strive Financial Group LLC bought a new stake in Intapp in the fourth quarter valued at about $28,000. Harbor Investment Advisory LLC bought a new position in Intapp during the second quarter worth about $36,000. First Horizon Corp acquired a new position in shares of Intapp during the 4th quarter worth about $44,000. Optiver Holding B.V. grew its position in shares of Intapp by 2,232.1% during the 1st quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock worth $47,000 after buying an additional 1,741 shares during the period. Finally, Federation des caisses Desjardins du Quebec increased its stake in shares of Intapp by 913.5% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company’s stock valued at $48,000 after acquiring an additional 950 shares during the last quarter. 89.96% of the stock is currently owned by institutional investors.
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.
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