Wellington Management Group LLP Raises Stock Position in Intapp, Inc. $INTA

Wellington Management Group LLP raised its holdings in Intapp, Inc. (NASDAQ:INTA) by 5.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 2,046,759 shares of the company’s stock after acquiring an additional 112,735 shares during the period. Wellington Management Group LLP’s holdings in Intapp were worth $51,599,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its stake in shares of Intapp by 60.9% during the 1st quarter. AQR Capital Management LLC now owns 30,969 shares of the company’s stock valued at $1,808,000 after buying an additional 11,719 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Intapp by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,737 shares of the company’s stock valued at $1,853,000 after buying an additional 1,379 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Intapp by 2.3% in the first quarter. Goldman Sachs Group Inc. now owns 279,511 shares of the company’s stock worth $16,318,000 after buying an additional 6,210 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Intapp by 208.0% in the second quarter. Russell Investments Group Ltd. now owns 1,848 shares of the company’s stock worth $95,000 after buying an additional 1,248 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in Intapp during the second quarter worth about $693,000. 89.96% of the stock is owned by institutional investors and hedge funds.

Intapp Trading Up 3.9%

Shares of INTA stock opened at $43.11 on Friday. Intapp, Inc. has a 12-month low of $19.01 and a 12-month high of $47.93. The business’s 50 day moving average is $33.75 and its two-hundred day moving average is $26.97. The company has a market capitalization of $3.30 billion, a P/E ratio of -82.90, a P/E/G ratio of 16.02 and a beta of 0.45.

Intapp (NASDAQ:INTA) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. The business had revenue of $152.53 million during the quarter, compared to analysts’ expectations of $149.75 million. Intapp had a negative return on equity of 3.30% and a negative net margin of 7.15%.The business’s revenue was up 13.0% compared to the same quarter last year. During the same period in the previous year, the business earned $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. On average, research analysts predict that Intapp, Inc. will post 0.07 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Intapp news, CFO David H. Morton, Jr. sold 10,000 shares of the stock in a transaction on Monday, August 24th. The shares were sold at an average price of $40.88, for a total transaction of $408,800.00. Following the transaction, the chief financial officer directly owned 120,074 shares of the company’s stock, valued at $4,908,625.12. This trade represents a 7.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CMO Dustin Sedgwick sold 1,474 shares of Intapp stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $41.21, for a total transaction of $60,743.54. Following the completion of the sale, the chief marketing officer owned 22,112 shares in the company, valued at approximately $911,235.52. This trade represents a 6.25% decrease in their position. 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 94,491 shares of company stock worth $3,650,613 in the last 90 days. 11.21% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Truist Financial lifted their price target on Intapp from $35.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Citigroup raised their price objective on shares of Intapp from $26.00 to $29.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Barclays lifted their target price on shares of Intapp from $25.00 to $29.00 and gave the company an “underweight” rating in a report on Wednesday, August 5th. Wall Street Zen raised shares of Intapp from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Finally, Zacks Research upgraded shares of Intapp from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $37.86.

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.