Piper Sandler Lowers Intapp (NASDAQ:INTA) Price Target to $25.00

Intapp (NASDAQ:INTA) had its price target decreased by analysts at Piper Sandler from $33.00 to $25.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Piper Sandler’s target price suggests a potential upside of 13.07% from the stock’s previous close.

A number of other equities research analysts have also weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Intapp in a research note on Monday, December 29th. Wall Street Zen upgraded Intapp from a “buy” rating to a “strong-buy” rating in a research note on Monday. Stifel Nicolaus cut their price objective on shares of Intapp from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Thursday. UBS Group set a $54.00 target price on Intapp in a report on Wednesday, February 4th. Finally, Citigroup cut their price objective on shares of Intapp from $49.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $39.71.

Intapp Price Performance

Shares of INTA traded up $0.48 during trading hours on Thursday, hitting $22.11. The stock had a trading volume of 433,275 shares, compared to its average volume of 1,379,426. Intapp has a 1-year low of $19.24 and a 1-year high of $67.76. The firm has a 50 day simple moving average of $35.72 and a 200-day simple moving average of $39.67. The firm has a market capitalization of $1.78 billion, a P/E ratio of -73.42, a price-to-earnings-growth ratio of 124.53 and a beta of 0.68.

Intapp (NASDAQ:INTA) last announced its earnings results on Tuesday, February 3rd. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.07. Intapp had a negative return on equity of 0.62% and a negative net margin of 4.37%.The firm had revenue of $140.21 million for the quarter, compared to the consensus estimate of $138.20 million. During the same quarter in the previous year, the business earned $0.21 EPS. The company’s revenue was up 15.7% compared to the same quarter last year. Intapp has set its FY 2026 guidance at 1.200-1.240 EPS and its Q3 2026 guidance at 0.270-0.290 EPS. Equities analysts predict that Intapp will post -0.14 EPS for the current fiscal year.

Intapp announced that its Board of Directors has initiated a share repurchase program on Tuesday, February 3rd that allows the company to buyback $200.00 million in shares. This buyback authorization allows the company to purchase up to 7.3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In other Intapp news, CEO John T. Hall sold 8,000 shares of the business’s stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $47.48, for a total value of $379,840.00. Following the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 11.21% of the stock is owned by insiders.

Institutional Investors Weigh In On Intapp

Large investors have recently bought and sold shares of the stock. Strive Financial Group LLC acquired a new stake in shares of Intapp during the fourth quarter worth about $28,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in Intapp during the second quarter worth approximately $31,000. First Horizon Corp purchased a new stake in Intapp in the fourth quarter valued at approximately $44,000. Federation des caisses Desjardins du Quebec boosted its holdings in shares of Intapp by 913.5% in the fourth 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 period. Finally, Blue Trust Inc. increased its holdings in shares of Intapp by 27.9% in the 3rd quarter. Blue Trust Inc. now owns 1,421 shares of the company’s stock valued at $58,000 after acquiring an additional 310 shares during the period. Hedge funds and other institutional investors 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.