Analysts Set Intapp, Inc. (NASDAQ:INTA) Price Target at $60.63

Intapp, Inc. (NASDAQ:INTA) has been assigned an average rating of “Hold” from the nine research firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $60.1250.

INTA has been the topic of a number of recent analyst reports. Barclays decreased their price objective on Intapp from $47.00 to $43.00 and set an “underweight” rating on the stock in a report on Tuesday. Weiss Ratings reissued a “sell (e+)” rating on shares of Intapp in a research report on Tuesday. Stifel Nicolaus cut their target price on shares of Intapp from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Tuesday, July 8th. UBS Group reduced their price target on Intapp from $83.00 to $72.00 and set a “buy” rating on the stock in a research report on Wednesday, August 13th. Finally, Citigroup dropped their price objective on Intapp from $66.00 to $53.00 and set a “neutral” rating on the stock in a report on Wednesday, July 16th.

Insiders Place Their Bets

In other Intapp news, insider Michele Murgel sold 5,425 shares of the firm’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total transaction of $228,175.50. Following the completion of the transaction, the insider owned 224,522 shares of the company’s stock, valued at approximately $9,443,395.32. This trade represents a 2.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Thad Jampol sold 6,184 shares of Intapp stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $42.06, for a total transaction of $260,099.04. Following the completion of the sale, the insider directly owned 882,402 shares of the company’s stock, valued at $37,113,828.12. The trade was a 0.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 101,169 shares of company stock valued at $4,292,798. Company insiders own 11.21% of the company’s stock.

Institutional Trading of Intapp

Institutional investors and hedge funds have recently made changes to their positions in the stock. Westfield Capital Management Co. LP bought a new stake in shares of Intapp during the second quarter valued at about $38,657,000. Norges Bank purchased a new position in Intapp during the 2nd quarter worth approximately $35,081,000. Nuveen LLC purchased a new stake in Intapp in the 1st quarter worth about $35,117,000. Vanguard Group Inc. grew its position in Intapp by 4.5% during the first quarter. Vanguard Group Inc. now owns 6,652,139 shares of the company’s stock valued at $388,352,000 after purchasing an additional 283,923 shares in the last quarter. Finally, Artisan Partners Limited Partnership boosted its stake in shares of Intapp by 25.5% during the 2nd quarter. Artisan Partners Limited Partnership now owns 1,331,580 shares of the company’s stock valued at $68,736,000 after buying an additional 270,214 shares during the period. 89.96% of the stock is currently owned by institutional investors and hedge funds.

Intapp Stock Performance

NASDAQ INTA opened at $37.56 on Thursday. Intapp has a 52-week low of $35.51 and a 52-week high of $77.74. The firm’s 50 day moving average price is $42.24 and its 200-day moving average price is $48.27. The company has a market cap of $3.07 billion, a PE ratio of -156.50, a P/E/G ratio of 16.00 and a beta of 0.71.

Intapp (NASDAQ:INTA) last issued its earnings results on Tuesday, August 12th. The company reported $0.27 earnings per share (EPS) for the quarter, topping 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 company had revenue of $135.04 million during the quarter, compared to analyst estimates of $132.07 million. During the same quarter last year, the business posted $0.15 EPS. The firm’s quarterly revenue 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. On average, analysts forecast that Intapp will post -0.14 earnings per share for the current fiscal year.

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

About Intapp

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.