Intapp (NASDAQ:INTA) Stock Price Up 7.4% – Should You Buy?

Shares of Intapp, Inc. (NASDAQ:INTA) traded up 7.4% during trading on Friday . The stock traded as high as $23.42 and last traded at $23.6390. Approximately 112,338 shares were traded during trading, a decline of 90% from the average daily volume of 1,143,833 shares. The stock had previously closed at $22.02.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Stifel Nicolaus lowered their price target on shares of Intapp from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Barclays boosted their price objective on Intapp from $20.00 to $25.00 and gave the stock an “underweight” rating in a report on Wednesday, May 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Intapp in a research note on Friday, June 5th. JPMorgan Chase & Co. dropped their price target on Intapp from $58.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Finally, Zacks Research downgraded Intapp from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 5th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $34.57.

Intapp Trading Up 9.6%

The stock’s 50-day simple moving average is $22.54 and its 200-day simple moving average is $28.88. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of -52.47 and a beta of 0.49.

Intapp (NASDAQ:INTA) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. The company had revenue of $146.04 million during the quarter, compared to the consensus estimate of $144.32 million. Intapp had a negative net margin of 6.48% and a negative return on equity of 2.28%. The firm’s quarterly revenue was up 13.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.26 earnings per share. Intapp has set its Q4 2026 guidance at 0.360-0.380 EPS and its FY 2026 guidance at 1.220-1.240 EPS. On average, equities research analysts forecast that Intapp, Inc. will post -0.05 earnings per share for the current year.

Institutional Trading of Intapp

Several large investors have recently modified their holdings of INTA. AMS Capital Ltda raised its stake in Intapp by 83.6% in the first quarter. AMS Capital Ltda now owns 324,186 shares of the company’s stock valued at $8,328,000 after purchasing an additional 147,567 shares in the last quarter. Optiver Holding B.V. increased its holdings in Intapp by 2,232.1% in the 1st quarter. Optiver Holding B.V. now owns 1,819 shares of the company’s stock valued at $47,000 after buying an additional 1,741 shares during the period. Bank of America Corp DE increased its holdings in Intapp by 2.3% in the 1st quarter. Bank of America Corp DE now owns 595,750 shares of the company’s stock valued at $15,305,000 after buying an additional 13,179 shares during the period. Amundi raised its position in shares of Intapp by 14.5% in the 1st quarter. Amundi now owns 26,047 shares of the company’s stock valued at $669,000 after buying an additional 3,305 shares in the last quarter. Finally, California State Teachers Retirement System raised its position in shares of Intapp by 41.7% in the 1st quarter. California State Teachers Retirement System now owns 76,354 shares of the company’s stock valued at $1,962,000 after buying an additional 22,478 shares in the last quarter. 89.96% of the stock is owned by institutional investors and hedge funds.

Intapp Company 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.