Intapp, Inc. (NASDAQ:INTA) Stock Has Average Price Target of $39.14

Intapp, Inc. (NASDAQ:INTA) has been given an average recommendation of “Hold” by the ten ratings firms that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $39.14.

INTA has been the subject of a number of research analyst reports. Truist Financial boosted their price target on Intapp from $35.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Piper Sandler raised their price objective on Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Zacks Research raised shares of Intapp from a “strong sell” rating to a “hold” rating in a report on Friday, August 28th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Intapp in a report on Wednesday, September 2nd. Finally, Wall Street Zen upgraded shares of Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th.

Intapp Stock Up 1.7%

INTA stock opened at $47.99 on Tuesday. The company’s 50-day moving average price is $39.82 and its two-hundred day moving average price is $30.64. The firm has a market cap of $3.68 billion, a P/E ratio of -92.29, a P/E/G ratio of 18.53 and a beta of 0.34. Intapp has a 12 month low of $19.01 and a 12 month high of $48.19.

Intapp (NASDAQ:INTA) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. The business 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 3.30%. The firm’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same period last 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. Equities analysts predict that Intapp will post 0.07 EPS for the current year.

Insider Buying and Selling

In related news, CEO John T. Hall sold 3,000 shares of Intapp stock in a transaction that occurred on Monday, October 19th. The shares were sold at an average price of $44.35, for a total transaction of $133,050.00. Following the sale, the chief executive officer directly owned 5,814,808 shares in the company, valued at $257,886,734.80. This trade represents a 0.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David Harrison sold 40,284 shares of Intapp stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $45.26, for a total transaction of $1,823,253.84. Following the sale, the insider owned 15,599 shares in the company, valued at approximately $706,010.74. This represents a 72.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 146,184 shares of company stock worth $6,126,106 in the last 90 days. Insiders own 11.87% of the company’s stock.

Institutional Investors Weigh In On Intapp

A number of institutional investors have recently made changes to their positions in INTA. PNC Financial Services Group Inc. raised its holdings in Intapp by 9.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,652 shares of the company’s stock worth $145,000 after purchasing an additional 483 shares during the last quarter. Personal CFO Solutions LLC lifted its holdings in Intapp by 8.8% in the first quarter. Personal CFO Solutions LLC now owns 10,559 shares of the company’s stock valued at $271,000 after buying an additional 858 shares during the period. Handelsbanken Fonder AB boosted its position in Intapp by 4.0% during the second quarter. Handelsbanken Fonder AB now owns 23,200 shares of the company’s stock valued at $585,000 after acquiring an additional 900 shares during the last quarter. Versant Capital Management Inc grew its holdings in Intapp by 109.5% during the 3rd quarter. Versant Capital Management Inc now owns 1,823 shares of the company’s stock worth $66,000 after acquiring an additional 953 shares during the period. Finally, Strs Ohio grew its holdings in Intapp by 5.7% during the 1st quarter. Strs Ohio now owns 20,300 shares of the company’s stock worth $522,000 after acquiring an additional 1,100 shares during the period. Institutional investors own 89.96% of the company’s stock.

About Intapp

Intapp, Inc develops cloud-based software for professional and financial services firms. Its platform is designed to help organizations manage client and relationship data, business development, risk and compliance processes, collaboration, time tracking, billing, and operational workflows.

The company’s product portfolio includes solutions for relationship management and deal management, professional-services time and billing, conflicts and compliance, document and information management, secure collaboration, and workflow automation.