Intapp (NASDAQ:INTA) Price Target Lowered to $25.00 at Piper Sandler

Intapp (NASDAQ:INTA) had its price objective trimmed by Piper Sandler from $33.00 to $25.00 in a report published on Thursday,Benzinga reports. The firm currently has a neutral rating on the stock.

INTA has been the topic of a number of other research reports. Citigroup lowered their price objective on Intapp from $49.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. Oppenheimer reissued a “market perform” rating on shares of Intapp in a report on Thursday. Wall Street Zen upgraded Intapp from a “buy” rating to a “strong-buy” rating in a research report on Monday. JPMorgan Chase & Co. cut their price objective on shares of Intapp from $70.00 to $58.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Finally, UBS Group set a $54.00 price objective on shares of Intapp in a research note on Wednesday, February 4th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $39.71.

Intapp Stock Up 4.2%

Shares of Intapp stock opened at $22.53 on Thursday. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of -75.10, a price-to-earnings-growth ratio of 126.34 and a beta of 0.68. Intapp has a twelve month low of $19.24 and a twelve month high of $67.76. The company has a 50-day simple moving average of $35.24 and a two-hundred day simple moving average of $39.55.

Intapp (NASDAQ:INTA) last announced its earnings results on Tuesday, February 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.07. Intapp had a negative net margin of 4.37% and a negative return on equity of 0.62%. The firm had revenue of $140.21 million for the quarter, compared to analyst estimates of $138.20 million. During the same quarter in the prior year, the business posted $0.21 EPS. The business’s revenue was up 15.7% compared to the same quarter last year. Intapp has set its FY 2026 guidance at 1.200-1.240 EPS and its Q3 2026 guidance at 0.270-0.290 EPS. On average, sell-side analysts anticipate that Intapp will post -0.14 earnings per share for the current fiscal year.

Intapp announced that its board has authorized a share buyback program on Tuesday, February 3rd that allows the company to buyback $200.00 million in outstanding shares. This buyback authorization allows the company to purchase up to 7.3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Intapp

In other news, CEO John T. Hall sold 8,000 shares of the firm’s stock in a transaction on Monday, December 29th. The shares were sold at an average price of $47.48, for a total transaction of $379,840.00. Following the completion of the transaction, the chief executive officer owned 5,711,668 shares of the company’s stock, valued at approximately $271,189,996.64. This trade represents a 0.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 11.21% of the company’s stock.

Institutional Trading of Intapp

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in Intapp during the 2nd quarter worth about $31,000. Strive Financial Group LLC bought a new position in shares of Intapp during the fourth quarter worth about $28,000. First Horizon Corp acquired a new position in shares of Intapp in the fourth quarter worth approximately $44,000. Federation des caisses Desjardins du Quebec lifted its stake in shares of Intapp by 913.5% in the fourth 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. Finally, Blue Trust Inc. boosted its holdings in Intapp by 27.9% in the third quarter. Blue Trust Inc. now owns 1,421 shares of the company’s stock valued at $58,000 after acquiring an additional 310 shares during the last quarter. 89.96% of the stock is currently owned by institutional investors and hedge funds.

About Intapp

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.