Stifel Nicolaus Lowers Intapp (NASDAQ:INTA) Price Target to $35.00

Intapp (NASDAQ:INTA) had its target price cut by investment analysts at Stifel Nicolaus from $40.00 to $35.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price target suggests a potential upside of 54.59% from the stock’s previous close.

Several other research firms have also commented on INTA. Wall Street Zen raised shares of Intapp from a “buy” rating to a “strong-buy” rating in a research report on Monday. Truist Financial set a $35.00 price objective on shares of Intapp in a research note on Wednesday, February 4th. Citigroup lowered their target price on shares of Intapp from $49.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Barclays cut their price target on shares of Intapp from $46.00 to $35.00 and set an “underweight” rating on the stock in a report on Wednesday, February 4th. Finally, Piper Sandler decreased their price objective on Intapp from $42.00 to $33.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $40.86.

Intapp Price Performance

NASDAQ INTA traded up $1.01 during midday trading on Thursday, hitting $22.64. 94,882 shares of the company traded hands, compared to its average volume of 1,369,148. Intapp has a 52 week low of $19.24 and a 52 week high of $67.76. The company’s 50-day simple moving average is $35.72 and its 200-day simple moving average is $39.67. The company has a market cap of $1.82 billion, a PE ratio of -75.20, a price-to-earnings-growth ratio of 124.53 and a beta of 0.68.

Intapp (NASDAQ:INTA) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.26 by $0.07. Intapp had a negative return on equity of 0.62% and a negative net margin of 4.37%.The firm had revenue of $140.21 million during the quarter, compared to analyst estimates of $138.20 million. During the same period in the previous year, the company posted $0.21 EPS. The business’s revenue for the quarter 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, research analysts predict that Intapp will post -0.14 earnings per share for the current year.

Intapp declared that its board has initiated a share buyback program on Tuesday, February 3rd that authorizes the company to repurchase $200.00 million in shares. This repurchase authorization authorizes the company to buy up to 7.3% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling at Intapp

In related news, CEO John T. Hall sold 8,000 shares of the company’s stock in a transaction on Monday, December 29th. The stock was sold at an average price of $47.48, for a total value of $379,840.00. Following the transaction, the chief executive officer directly owned 5,711,668 shares of the company’s stock, valued at $271,189,996.64. This represents a 0.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.21% of the stock is owned by company insiders.

Institutional Trading of Intapp

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its holdings in shares of Intapp by 60.9% in the first quarter. AQR Capital Management LLC now owns 30,969 shares of the company’s stock valued at $1,808,000 after purchasing an additional 11,719 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Intapp by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,737 shares of the company’s stock worth $1,853,000 after buying an additional 1,379 shares during the period. Goldman Sachs Group Inc. raised its position in Intapp by 2.3% during the 1st 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. AlphaQuest LLC purchased a new position in Intapp during the 2nd quarter worth approximately $393,000. Finally, State of New Jersey Common Pension Fund D lifted its stake in Intapp by 13.7% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 33,388 shares of the company’s stock valued at $1,723,000 after acquiring an additional 4,033 shares during the period. Institutional investors and hedge funds own 89.96% of the company’s stock.

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.