Shares of Intapp, Inc. (NASDAQ:INTA – Get Free Report) were down 6.7% during trading on Tuesday . The company traded as low as $36.50 and last traded at $36.6210. 188,818 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 471,525 shares. The stock had previously closed at $39.25.
Analysts Set New Price Targets
Several equities research analysts recently commented on INTA shares. Wall Street Zen raised Intapp from a “hold” rating to a “buy” rating in a report on Sunday, October 26th. Barclays raised their price objective on shares of Intapp from $43.00 to $46.00 and gave the stock an “underweight” rating in a research report on Monday, January 5th. Stifel Nicolaus set a $50.00 price target on shares of Intapp in a research note on Wednesday, November 5th. JPMorgan Chase & Co. cut their price target on shares of Intapp from $80.00 to $70.00 and set an “overweight” rating for the company in a report on Wednesday, November 5th. Finally, UBS Group lowered their price objective on Intapp from $72.00 to $62.00 and set a “buy” rating for the company in a research report on Wednesday, November 5th. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $55.29.
Get Our Latest Research Report on INTA
Intapp Stock Down 6.2%
Intapp (NASDAQ:INTA – Get Free Report) last posted its earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.05. The firm had revenue of $139.03 million for the quarter, compared to analyst estimates of $135.34 million. Intapp had a negative return on equity of 1.58% and a negative net margin of 5.35%.Intapp’s revenue was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.21 EPS. Intapp has set its FY 2026 guidance at 1.150-1.190 EPS and its Q2 2026 guidance at 0.250-0.270 EPS. Equities research analysts expect that Intapp, Inc. will post -0.14 earnings per share for the current year.
Insider Activity at Intapp
In other Intapp news, CFO David H. Morton, Jr. sold 10,000 shares of the company’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 sale, the chief financial officer owned 43,765 shares in the company, valued at $1,783,861.40. This represents a 18.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO John T. Hall sold 8,000 shares of Intapp stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $47.48, for a total value of $379,840.00. Following the completion of the transaction, the chief executive officer owned 5,711,668 shares of the company’s stock, valued at $271,189,996.64. The trade was a 0.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 48,243 shares of company stock worth $2,070,785. 11.21% of the stock is owned by insiders.
Institutional Trading of Intapp
Several hedge funds have recently added to or reduced their stakes in INTA. TD Asset Management Inc boosted its holdings in Intapp by 26.2% in the 2nd quarter. TD Asset Management Inc now owns 40,204 shares of the company’s stock valued at $2,075,000 after purchasing an additional 8,350 shares in the last quarter. Artisan Partners Limited Partnership grew its holdings in Intapp by 25.5% during the second quarter. Artisan Partners Limited Partnership now owns 1,331,580 shares of the company’s stock worth $68,736,000 after acquiring an additional 270,214 shares during the period. New York State Common Retirement Fund raised its position in Intapp by 24.2% in the second quarter. New York State Common Retirement Fund now owns 408,502 shares of the company’s stock worth $21,087,000 after acquiring an additional 79,626 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in Intapp in the second quarter valued at $499,000. Finally, Campbell & CO Investment Adviser LLC acquired a new position in shares of Intapp during the 2nd quarter worth $325,000. Institutional investors and hedge funds own 89.96% of the company’s stock.
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.
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