Intapp, Inc. $INTA Shares Sold by Palisades Investment Partners LLC

Palisades Investment Partners LLC lowered its stake in Intapp, Inc. (NASDAQ:INTA) by 2.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 164,059 shares of the company’s stock after selling 4,783 shares during the quarter. Intapp comprises approximately 3.7% of Palisades Investment Partners LLC’s holdings, making the stock its 6th largest holding. Palisades Investment Partners LLC owned 0.20% of Intapp worth $8,469,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. CWM LLC grew its stake in shares of Intapp by 27.0% during the first quarter. CWM LLC now owns 1,003 shares of the company’s stock worth $59,000 after buying an additional 213 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Intapp by 74.2% in the 1st quarter. Farther Finance Advisors LLC now owns 526 shares of the company’s stock worth $31,000 after purchasing an additional 224 shares in the last quarter. Hsbc Holdings PLC raised its position in shares of Intapp by 3.5% during the 1st quarter. Hsbc Holdings PLC now owns 8,001 shares of the company’s stock valued at $465,000 after buying an additional 272 shares in the last quarter. Diversified Trust Co raised its position in Intapp by 5.5% in the 2nd quarter. Diversified Trust Co now owns 7,798 shares of the company’s stock worth $403,000 after purchasing an additional 409 shares during the period. Finally, Menard Financial Group LLC increased its position in shares of Intapp by 12.3% in the first quarter. Menard Financial Group LLC now owns 3,798 shares of the company’s stock valued at $217,000 after acquiring an additional 415 shares during the period. Institutional investors own 89.96% of the company’s stock.

Insider Buying and Selling

In related news, insider Thad Jampol sold 2,968 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $41.80, for a total transaction of $124,062.40. Following the sale, the insider owned 879,434 shares in the company, valued at approximately $36,760,341.20. This represents a 0.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO David H. Morton, Jr. sold 10,000 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $42.95, for a total value of $429,500.00. Following the sale, the chief financial officer directly owned 36,855 shares in the company, valued at $1,582,922.25. This represents a 21.34% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 101,169 shares of company stock valued at $4,292,798. Corporate insiders own 13.02% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on INTA shares. UBS Group dropped their target price on shares of Intapp from $83.00 to $72.00 and set a “buy” rating on the stock in a research note on Wednesday, August 13th. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research report on Sunday, September 14th. Barclays lifted their price objective on shares of Intapp from $44.00 to $47.00 and gave the company an “underweight” rating in a research note on Wednesday, August 13th. Citigroup dropped their target price on shares of Intapp from $66.00 to $53.00 and set a “neutral” rating for the company in a report on Wednesday, July 16th. Finally, Stifel Nicolaus reduced their price target on shares of Intapp from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Tuesday, July 8th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Intapp currently has an average rating of “Hold” and a consensus target price of $60.63.

Intapp Stock Up 0.2%

Shares of Intapp stock opened at $42.10 on Friday. The business has a fifty day simple moving average of $42.72 and a 200-day simple moving average of $50.11. The firm has a market cap of $3.46 billion, a price-to-earnings ratio of -175.42, a price-to-earnings-growth ratio of 17.94 and a beta of 0.74. Intapp, Inc. has a fifty-two week low of $35.51 and a fifty-two week high of $77.74.

Intapp (NASDAQ:INTA) last issued its quarterly earnings data on Tuesday, August 12th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. Intapp had a negative return on equity of 0.89% and a negative net margin of 3.61%.The business had revenue of $135.04 million for the quarter, compared to analyst estimates of $132.07 million. During the same quarter in the prior year, the firm posted $0.15 EPS. The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. Analysts anticipate that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

Intapp declared that its board has approved a share repurchase plan on Tuesday, August 12th that allows the company to buyback $150.00 million in shares. This buyback authorization allows the company to reacquire up to 5.2% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Intapp Company 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.