Tudor Investment Corp ET AL grew its holdings in shares of Intapp, Inc. (NASDAQ:INTA – Free Report) by 737.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 108,321 shares of the company’s stock after purchasing an additional 95,380 shares during the period. Tudor Investment Corp ET AL’s holdings in Intapp were worth $4,430,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of INTA. AQR Capital Management LLC lifted its holdings in Intapp by 60.9% in the first quarter. AQR Capital Management LLC now owns 30,969 shares of the company’s stock worth $1,808,000 after purchasing an additional 11,719 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Intapp by 4.5% during 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. increased its stake in Intapp by 2.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 279,511 shares of the company’s stock valued at $16,318,000 after buying an additional 6,210 shares during the period. Cetera Investment Advisers raised its position in shares of Intapp by 180.0% during the 2nd quarter. Cetera Investment Advisers now owns 16,235 shares of the company’s stock worth $838,000 after buying an additional 10,436 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Intapp in the 2nd quarter worth approximately $349,000. 89.96% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
INTA has been the subject of several recent analyst reports. UBS Group set a $54.00 price objective on shares of Intapp in a report on Wednesday, February 4th. Piper Sandler dropped their target price on Intapp from $33.00 to $25.00 and set a “neutral” rating on the stock in a report on Thursday, February 26th. Stifel Nicolaus cut their target price on Intapp from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Barclays decreased their price target on Intapp from $46.00 to $35.00 and set an “underweight” rating for the company in a research note on Wednesday, February 4th. Finally, Truist Financial set a $35.00 price target on Intapp in a research report on Wednesday, February 4th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $39.71.
Intapp Trading Down 0.8%
NASDAQ:INTA opened at $23.93 on Thursday. The company has a 50-day moving average of $27.80 and a 200-day moving average of $37.18. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of -79.77, a price-to-earnings-growth ratio of 105.66 and a beta of 0.73. Intapp, Inc. has a twelve month low of $19.24 and a twelve month high of $63.97.
Intapp (NASDAQ:INTA – Get Free Report) last released its earnings results on Tuesday, February 3rd. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $140.21 million for the quarter, compared to the consensus estimate of $138.20 million. During the same period in the previous year, the firm earned $0.21 EPS. The business’s revenue for the quarter 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. On average, research analysts forecast that Intapp, Inc. will post -0.14 earnings per share for the current year.
Intapp declared that its Board of Directors has initiated a share buyback program on Tuesday, February 3rd that authorizes the company to repurchase $200.00 million in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 7.3% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.
Insider Transactions at Intapp
In other Intapp 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 owned 5,711,668 shares of the company’s stock, valued at approximately $271,189,996.64. This represents a 0.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 11.21% of the company’s stock.
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.
See Also
Want to see what other hedge funds are holding INTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intapp, Inc. (NASDAQ:INTA – Free Report).
Receive News & Ratings for Intapp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intapp and related companies with MarketBeat.com's FREE daily email newsletter.
