TimesSquare Capital Management LLC Acquires 115,179 Shares of Intapp, Inc. $INTA

TimesSquare Capital Management LLC boosted its holdings in shares of Intapp, Inc. (NASDAQ:INTA) by 28.9% in the second quarter, Holdings Channel reports. The firm owned 513,250 shares of the company’s stock after purchasing an additional 115,179 shares during the quarter. TimesSquare Capital Management LLC’s holdings in Intapp were worth $26,494,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Nuveen LLC acquired a new stake in Intapp during the 1st quarter valued at $35,117,000. Vanguard Group Inc. increased its stake in shares of Intapp by 4.5% in the 1st quarter. Vanguard Group Inc. now owns 6,652,139 shares of the company’s stock valued at $388,352,000 after buying an additional 283,923 shares during the period. Voya Investment Management LLC raised its position in shares of Intapp by 214.2% during the first quarter. Voya Investment Management LLC now owns 311,298 shares of the company’s stock worth $18,174,000 after acquiring an additional 212,211 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Intapp by 391.3% during the second quarter. Envestnet Asset Management Inc. now owns 223,635 shares of the company’s stock valued at $11,544,000 after acquiring an additional 178,117 shares during the period. Finally, Millennium Management LLC boosted its holdings in Intapp by 73.6% in the first quarter. Millennium Management LLC now owns 407,561 shares of the company’s stock valued at $23,793,000 after acquiring an additional 172,744 shares during the last quarter. Institutional investors and hedge funds own 89.96% of the company’s stock.

Insiders Place Their Bets

In other news, insider Michele Murgel sold 2,604 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $41.80, for a total value of $108,847.20. Following the completion of the transaction, the insider owned 221,918 shares in the company, valued at $9,276,172.40. This trade represents a 1.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO David H. Morton, Jr. sold 10,000 shares of the business’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $42.95, for a total transaction of $429,500.00. Following the transaction, the chief financial officer owned 36,855 shares in the company, valued at approximately $1,582,922.25. The trade was a 21.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 101,169 shares of company stock worth $4,292,798 in the last 90 days. Company insiders own 11.21% of the company’s stock.

Intapp Trading Up 4.7%

INTA stock opened at $42.09 on Wednesday. Intapp, Inc. has a 1-year low of $35.51 and a 1-year high of $77.74. The firm has a market cap of $3.45 billion, a PE ratio of -116.91, a P/E/G ratio of 67.59 and a beta of 0.70. The business’s 50-day moving average price is $40.94 and its two-hundred day moving average price is $46.21.

Intapp (NASDAQ:INTA) last posted 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 during the quarter, compared to analysts’ expectations 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 for the quarter was up 17.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.21 EPS. Intapp has set its FY 2026 guidance at 1.150-1.190 EPS. Q2 2026 guidance at 0.250-0.270 EPS. On average, analysts forecast that Intapp, Inc. will post -0.14 earnings per share for the current year.

Intapp declared that its board has authorized a share repurchase program on Tuesday, August 12th that allows the company to buyback $150.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 5.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

Several analysts have weighed in on INTA shares. Stifel Nicolaus set a $50.00 price objective on Intapp in a report on Wednesday, November 5th. UBS Group cut their price objective 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. Barclays lowered their target price on shares of Intapp from $47.00 to $43.00 and set an “underweight” rating for the company in a report on Tuesday, October 14th. Weiss Ratings reissued a “sell (e+)” rating on shares of Intapp in a research note on Tuesday, October 14th. Finally, Citigroup reduced their target price on Intapp from $53.00 to $49.00 and set a “neutral” rating on the stock in a report on Tuesday, October 28th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $54.86.

Intapp Profile

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.