Quantinno Capital Management LP Sells 30,936 Shares of Intapp, Inc. $INTA

Quantinno Capital Management LP reduced its stake in shares of Intapp, Inc. (NASDAQ:INTA) by 32.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 64,169 shares of the company’s stock after selling 30,936 shares during the period. Quantinno Capital Management LP’s holdings in Intapp were worth $1,649,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of INTA. Strive Financial Group LLC acquired a new stake in Intapp during the fourth quarter worth about $28,000. First Horizon Corp acquired a new position in shares of Intapp in the 4th quarter valued at approximately $44,000. Federation des caisses Desjardins du Quebec lifted its holdings in shares of Intapp by 913.5% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,054 shares of the company’s stock worth $48,000 after acquiring an additional 950 shares during the period. Advisory Services Network LLC bought a new stake in shares of Intapp during the 3rd quarter worth approximately $66,000. Finally, State of Wyoming boosted its position in shares of Intapp by 75.7% during the 4th quarter. State of Wyoming now owns 1,597 shares of the company’s stock worth $73,000 after acquiring an additional 688 shares in the last quarter. Institutional investors own 89.96% of the company’s stock.

Insider Buying and Selling at Intapp

In related news, insider Michele Murgel sold 14,591 shares of the business’s stock in a transaction on Friday, June 26th. The stock was sold at an average price of $25.02, for a total transaction of $365,066.82. Following the sale, the insider owned 233,632 shares in the company, valued at $5,845,472.64. The trade was a 5.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 11.21% of the stock is currently owned by company insiders.

Intapp Price Performance

Shares of NASDAQ:INTA opened at $39.53 on Thursday. The company has a market cap of $3.04 billion, a price-to-earnings ratio of -76.02, a PEG ratio of 15.41 and a beta of 0.42. The firm has a 50 day simple moving average of $27.90 and a 200 day simple moving average of $25.68. Intapp, Inc. has a one year low of $19.01 and a one year high of $47.93.

Intapp (NASDAQ:INTA) last posted its earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. The firm had revenue of $152.53 million for the quarter, compared to analysts’ expectations of $149.75 million. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.12%. The company’s revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.27 earnings per share. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. As a group, analysts expect that Intapp, Inc. will post 0.07 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on INTA shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Intapp in a research note on Friday, June 5th. Citigroup raised their target price on Intapp from $26.00 to $29.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Wall Street Zen lowered Intapp from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Barclays boosted their price target on Intapp from $25.00 to $29.00 and gave the stock an “underweight” rating in a report on Wednesday, August 5th. Finally, Piper Sandler upped their price objective on Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $37.86.

Intapp 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.