Intapp (NASDAQ:INTA) to Repurchase $200.00 million in Stock

Intapp (NASDAQ:INTA) declared that its board has authorized a share buyback program on Tuesday, February 3rd, RTT News reports. The company plans to repurchase $200.00 million in shares. This repurchase authorization permits the company to repurchase up to 7.3% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Intapp Stock Performance

NASDAQ INTA opened at $23.77 on Friday. The stock has a 50 day moving average price of $41.50 and a 200-day moving average price of $41.38. Intapp has a one year low of $20.76 and a one year high of $77.74. The company has a market capitalization of $1.91 billion, a P/E ratio of -79.23, a P/E/G ratio of 42.78 and a beta of 0.68.

Intapp (NASDAQ:INTA) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $140.21 million for the quarter, compared to analysts’ expectations of $138.20 million. During the same quarter in the previous year, the business posted $0.21 earnings per share. Intapp’s quarterly revenue was up 15.7% on a year-over-year basis. Intapp has set its FY 2026 guidance at 1.200-1.240 EPS and its Q3 2026 guidance at 0.270-0.290 EPS. As a group, equities analysts predict that Intapp will post -0.14 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on INTA. Barclays decreased their price objective on shares of Intapp from $46.00 to $35.00 and set an “underweight” rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. decreased their price target on Intapp from $70.00 to $58.00 and set an “overweight” rating on the stock in a report on Wednesday. Piper Sandler dropped their price objective on Intapp from $42.00 to $33.00 and set a “neutral” rating for the company in a research note on Wednesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Intapp in a research report on Monday, December 29th. Finally, UBS Group set a $54.00 price target on Intapp in a report on Wednesday. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $41.57.

Insider Buying and Selling

In other news, CEO John T. Hall sold 22,243 shares of the stock in a transaction on Monday, November 24th. The shares were sold at an average price of $40.76, for a total value of $906,624.68. Following the sale, the chief executive officer owned 5,711,668 shares of the company’s stock, valued at approximately $232,807,587.68. This represents a 0.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO David H. Morton, Jr. sold 10,000 shares of Intapp stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $40.76, for a total transaction of $407,600.00. Following the transaction, the chief financial officer directly owned 43,765 shares of the company’s stock, valued at approximately $1,783,861.40. This represents a 18.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 48,243 shares of company stock valued at $2,070,785. Company insiders own 11.21% of the company’s stock.

More Intapp News

Here are the key news stories impacting Intapp this week:

• Positive Sentiment: Board authorizes $200M share repurchase (up to ~7.3% of shares), signaling management views the stock as undervalued and providing tangible buy-side demand. Article Title
• Positive Sentiment: Q2 results topped estimates (EPS and revenue growth) and some analysts/investors argue the firm’s fundamentals and niche in regulated legal/financial markets insulate it from broad Gen‑AI fears, presenting a potential upside case. Article Title
• Neutral Sentiment: Unusually high trading volume after earnings — shows heavy re‑pricing activity and increased liquidity; volume can accelerate both downside and any subsequent recovery. Article Title
• Neutral Sentiment: Several analysts updated targets/ratings: Stifel trimmed its PT to $40 (still a Buy) and JPMorgan lowered its PT to $58 (maintains Overweight) — mixed messages that keep the name on watch lists but reduce near‑term conviction. Stifel Article Benzinga JPMorgan
• Negative Sentiment: Guidance and FY26 sales view disappointed some investors (management set SaaS revenue/earnings targets but commentary and the sales outlook were viewed as cautious), triggering the post‑earnings selloff. Article Title
• Negative Sentiment: Truist cut its price target sharply (from $68 to $35), a visible downgrade that likely amplified selling pressure and headline risk. Article Title

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.