Los Angeles Capital Management LLC Acquires 2,555 Shares of Intapp, Inc. $INTA

Los Angeles Capital Management LLC raised its holdings in shares of Intapp, Inc. (NASDAQ:INTA) by 50.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,579 shares of the company’s stock after purchasing an additional 2,555 shares during the period. Los Angeles Capital Management LLC’s holdings in Intapp were worth $391,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of INTA. REAP Financial Group LLC lifted its holdings in shares of Intapp by 218.5% during the second quarter. REAP Financial Group LLC now owns 481 shares of the company’s stock valued at $25,000 after purchasing an additional 330 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in Intapp in the 2nd quarter worth about $31,000. BI Asset Management Fondsmaeglerselskab A S bought a new position in Intapp during the 1st quarter valued at about $36,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Intapp by 356.0% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 643 shares of the company’s stock valued at $33,000 after acquiring an additional 502 shares during the last quarter. Finally, Quarry LP grew its stake in shares of Intapp by 1,155.4% in the first quarter. Quarry LP now owns 703 shares of the company’s stock worth $41,000 after acquiring an additional 647 shares during the period. Institutional investors own 89.96% of the company’s stock.

Insider Buying and Selling

In other news, insider Thad Jampol sold 2,968 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $41.80, for a total value of $124,062.40. Following the completion of the sale, the insider directly owned 879,434 shares of the company’s stock, valued at $36,760,341.20. This represents a 0.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO David H. Morton, Jr. sold 10,000 shares of the firm’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $42.95, for a total transaction of $429,500.00. Following the sale, the chief financial officer owned 36,855 shares in the company, valued at $1,582,922.25. The trade was a 21.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 101,169 shares of company stock worth $4,292,798 in the last ninety days. Corporate insiders own 11.21% of the company’s stock.

Intapp Price Performance

NASDAQ:INTA opened at $43.07 on Friday. Intapp, Inc. has a one year low of $35.51 and a one year high of $77.74. The business has a fifty day moving average price of $40.81 and a 200-day moving average price of $46.03. The firm has a market capitalization of $3.53 billion, a price-to-earnings ratio of -119.64, a price-to-earnings-growth ratio of 72.43 and a beta of 0.70.

Intapp (NASDAQ:INTA) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.05. The business had revenue of $139.03 million during 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%.During the same quarter in the previous year, the company posted $0.21 earnings per share. Intapp’s revenue for the quarter was up 17.0% on a year-over-year basis. Intapp has set its FY 2026 guidance at 1.150-1.190 EPS. Q2 2026 guidance at 0.250-0.270 EPS. On average, equities research analysts expect that Intapp, Inc. will post -0.14 earnings per share for the current fiscal year.

Intapp announced that its Board of Directors has initiated a share buyback program on Tuesday, August 12th that allows the company to repurchase $150.00 million in shares. This repurchase authorization allows the company to buy up to 5.2% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on INTA shares. Piper Sandler set a $42.00 price objective on shares of Intapp and gave the company a “neutral” rating in a research report on Monday, October 20th. Weiss Ratings reissued a “sell (d-)” rating on shares of Intapp in a report on Wednesday. Stifel Nicolaus set a $50.00 price objective on Intapp in a report on Wednesday, November 5th. Barclays reduced their price objective on Intapp from $47.00 to $43.00 and set an “underweight” rating for the company in a research report on Tuesday, October 14th. Finally, Citigroup dropped their target price on Intapp from $53.00 to $49.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 28th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $54.86.

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.