GW&K Investment Management LLC Acquires 124,559 Shares of Intapp, Inc. $INTA

GW&K Investment Management LLC increased its holdings in shares of Intapp, Inc. (NASDAQ:INTA) by 12.8% in the third quarter, Holdings Channel.com reports. The fund owned 1,097,150 shares of the company’s stock after buying an additional 124,559 shares during the quarter. GW&K Investment Management LLC’s holdings in Intapp were worth $44,874,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of INTA. Brown Capital Management LLC purchased a new stake in Intapp in the third quarter worth $8,741,000. Artisan Partners Limited Partnership grew its holdings in shares of Intapp by 25.5% in the second quarter. Artisan Partners Limited Partnership now owns 1,331,580 shares of the company’s stock worth $68,736,000 after purchasing an additional 270,214 shares during the last quarter. Edgestream Partners L.P. increased its stake in Intapp by 52.0% in the 2nd quarter. Edgestream Partners L.P. now owns 170,633 shares of the company’s stock worth $8,808,000 after buying an additional 58,357 shares during the period. New York State Common Retirement Fund increased its stake in Intapp by 24.2% in the 2nd quarter. New York State Common Retirement Fund now owns 408,502 shares of the company’s stock worth $21,087,000 after buying an additional 79,626 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new stake in Intapp during the 2nd quarter valued at about $325,000. Hedge funds and other institutional investors own 89.96% of the company’s stock.

Insider Transactions at Intapp

In other Intapp news, CEO John T. Hall sold 8,000 shares of the business’s stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $47.48, for a total value of $379,840.00. Following the completion of the transaction, the chief executive officer directly owned 5,711,668 shares in the company, valued at approximately $271,189,996.64. The trade was a 0.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 11.21% of the stock is owned by company insiders.

Intapp Stock Up 4.2%

Intapp stock opened at $27.24 on Thursday. The firm has a market cap of $2.19 billion, a P/E ratio of -90.80, a P/E/G ratio of 114.51 and a beta of 0.73. The business has a fifty day moving average of $33.48 and a two-hundred day moving average of $39.13. Intapp, Inc. has a twelve month low of $19.24 and a twelve month high of $65.35.

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

Intapp declared that its board has approved a stock repurchase program on Tuesday, February 3rd that permits the company to buyback $200.00 million in shares. This buyback authorization permits the company to reacquire up to 7.3% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of brokerages have commented on INTA. Piper Sandler dropped their target price on shares of Intapp from $33.00 to $25.00 and set a “neutral” rating on the stock in a research note on Thursday, February 26th. UBS Group set a $54.00 price objective on Intapp in a research note on Wednesday, February 4th. Oppenheimer reaffirmed a “market perform” rating on shares of Intapp in a research report on Thursday, February 26th. Wall Street Zen cut Intapp from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. dropped their price target on Intapp from $70.00 to $58.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Intapp has a consensus rating of “Hold” and an average target price of $39.71.

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.