Intapp (NASDAQ:INTA) Price Target Lowered to $70.00 at JPMorgan Chase & Co.

Intapp (NASDAQ:INTA) had its target price reduced by stock analysts at JPMorgan Chase & Co. from $80.00 to $70.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 76.16% from the company’s previous close.

Several other equities analysts have also recently weighed in on the stock. Weiss Ratings reaffirmed 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. Stifel Nicolaus set a $50.00 price target on shares of Intapp in a research report on Wednesday. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a research report on Sunday, October 26th. Finally, Barclays dropped their target price 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 research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Intapp currently has a consensus rating of “Hold” and a consensus target price of $56.29.

Intapp Price Performance

Shares of INTA stock traded up $2.67 on Wednesday, reaching $39.74. 700,037 shares of the company were exchanged, compared to its average volume of 737,607. The company has a market cap of $3.25 billion, a price-to-earnings ratio of -165.52, a PEG ratio of 16.19 and a beta of 0.70. The company has a 50-day moving average of $41.58 and a 200-day moving average of $46.64. Intapp has a one year low of $35.51 and a one year high of $77.74.

Intapp (NASDAQ:INTA) last posted its earnings results on Tuesday, November 4th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.05. Intapp had a negative net margin of 3.61% and a negative return on equity of 0.89%. The company had revenue of $139.03 million for the quarter, compared to analyst estimates of $135.34 million. During the same quarter in the prior year, the business posted $0.21 EPS. The firm’s revenue was up 17.0% compared to the same quarter last year. Intapp has set its FY 2026 guidance at 1.150-1.190 EPS. Q2 2026 guidance at 0.250-0.270 EPS. As a group, sell-side analysts predict that Intapp will post -0.14 EPS for the current year.

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

Insider Buying and Selling

In other news, CEO John T. Hall sold 8,000 shares of the company’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $43.46, for a total value of $347,680.00. Following the completion of the sale, the chief executive officer owned 5,598,775 shares of the company’s stock, valued at approximately $243,322,761.50. This represents a 0.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michele Murgel sold 2,604 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $41.80, for a total transaction of $108,847.20. Following the transaction, the insider directly owned 221,918 shares of the company’s stock, valued at approximately $9,276,172.40. This trade represents a 1.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 101,169 shares of company stock worth $4,292,798 in the last three months. Insiders own 11.21% of the company’s stock.

Hedge Funds Weigh In On Intapp

Institutional investors and hedge funds have recently made changes to their positions in the business. REAP Financial Group LLC increased its position 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 acquiring an additional 330 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Intapp during the second quarter valued at approximately $31,000. Caitong International Asset Management Co. Ltd boosted its holdings in Intapp by 356.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 643 shares of the company’s stock worth $33,000 after purchasing an additional 502 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in Intapp in the first quarter worth approximately $36,000. Finally, Quarry LP boosted its holdings in Intapp by 1,155.4% in the first quarter. Quarry LP now owns 703 shares of the company’s stock worth $41,000 after purchasing an additional 647 shares during the last quarter. Institutional investors own 89.96% of the company’s stock.

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.