Intapp (NASDAQ:INTA) Cut to “Hold” at Wall Street Zen

Wall Street Zen downgraded shares of Intapp (NASDAQ:INTA) from a buy rating to a hold rating in a research note issued to investors on Saturday.

INTA has been the topic of a number of other research reports. Citigroup dropped their price target on shares of Intapp from $66.00 to $53.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 16th. Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a research report on Tuesday, October 14th. UBS Group dropped their price target on shares of Intapp from $83.00 to $72.00 and set a “buy” rating on the stock in a research report on Wednesday, August 13th. Piper Sandler upgraded shares of Intapp to a “neutral” rating and set a $55.00 price target on the stock in a research report on Tuesday, June 24th. Finally, Barclays dropped their price target on shares of Intapp from $47.00 to $43.00 and set an “underweight” rating on the stock in a research report on Tuesday, October 14th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Intapp presently has a consensus rating of “Hold” and a consensus price target of $58.50.

Intapp Price Performance

NASDAQ:INTA opened at $38.32 on Friday. The firm’s 50 day simple moving average is $42.28 and its 200 day simple moving average is $47.75. Intapp has a one year low of $35.51 and a one year high of $77.74. The company has a market cap of $3.13 billion, a PE ratio of -159.67, a P/E/G ratio of 15.82 and a beta of 0.71.

Intapp (NASDAQ:INTA) last posted its earnings results on Tuesday, August 12th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.23 by $0.04. Intapp had a negative net margin of 3.61% and a negative return on equity of 0.89%. The business had revenue of $135.04 million for the quarter, compared to the consensus estimate of $132.07 million. During the same period last year, the company earned $0.15 EPS. The firm’s revenue was up 18.1% compared to the same quarter last year. Intapp has set its Q1 2026 guidance at 0.180-0.200 EPS. FY 2026 guidance at 1.090-1.130 EPS. Equities research analysts expect that Intapp will post -0.14 EPS for the current year.

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

Insider Activity at Intapp

In related news, CFO David H. Morton, Jr. sold 10,000 shares of the business’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 transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John T. Hall sold 19,515 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $42.94, for a total transaction of $837,974.10. Following the transaction, the chief executive officer owned 5,598,775 shares in the company, valued at $240,411,398.50. The trade was a 0.35% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 101,169 shares of company stock worth $4,292,798 over the last ninety days. 11.21% of the stock is owned by corporate insiders.

Institutional Trading of Intapp

Hedge funds and other institutional investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. increased its stake in Intapp by 1.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 455,085 shares of the company’s stock valued at $26,568,000 after purchasing an additional 6,419 shares in the last quarter. Jefferies Financial Group Inc. bought a new stake in Intapp during the 1st quarter valued at $924,000. Thoroughbred Financial Services LLC increased its stake in Intapp by 128.0% during the 1st quarter. Thoroughbred Financial Services LLC now owns 13,768 shares of the company’s stock valued at $803,000 after purchasing an additional 7,729 shares in the last quarter. Jump Financial LLC bought a new stake in Intapp during the 1st quarter valued at $756,000. Finally, Vanguard Group Inc. increased its stake in Intapp by 4.5% during the 1st 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. Institutional investors own 89.96% of the company’s stock.

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.