UBS Group AG Decreases Stock Holdings in Intapp, Inc. $INTA

UBS Group AG trimmed its position in shares of Intapp, Inc. (NASDAQ:INTA) by 42.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 180,992 shares of the company’s stock after selling 132,309 shares during the quarter. UBS Group AG owned about 0.22% of Intapp worth $8,293,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. First Horizon Corp purchased a new stake in shares of Intapp during the fourth quarter valued at about $44,000. CWM LLC increased its stake in Intapp by 77.8% during the 3rd quarter. CWM LLC now owns 1,604 shares of the company’s stock valued at $66,000 after purchasing an additional 702 shares in the last quarter. Advisory Services Network LLC acquired a new position in Intapp during the 3rd quarter valued at approximately $66,000. Assetmark Inc. increased its stake in Intapp by 33.2% during the 3rd quarter. Assetmark Inc. now owns 1,765 shares of the company’s stock valued at $72,000 after purchasing an additional 440 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in Intapp by 208.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,848 shares of the company’s stock valued at $95,000 after purchasing an additional 1,248 shares in the last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

INTA has been the topic of several research reports. Oppenheimer reiterated a “market perform” rating on shares of Intapp in a report on Thursday, February 26th. Piper Sandler cut their price target on shares of 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 price target on shares of Intapp from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. UBS Group cut their price target on shares of Intapp from $54.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday, April 23rd. Finally, Truist Financial set a $35.00 price target on shares of Intapp in a report on Wednesday, February 4th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Intapp has an average rating of “Hold” and an average price target of $34.57.

Intapp Price Performance

Shares of NASDAQ INTA opened at $20.99 on Monday. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of -45.63 and a beta of 0.49. Intapp, Inc. has a 12 month low of $19.24 and a 12 month high of $58.84. The firm’s 50 day simple moving average is $23.91 and its 200-day simple moving average is $32.69.

Intapp (NASDAQ:INTA) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. The business had revenue of $146.04 million for the quarter, compared to analysts’ expectations of $144.32 million. Intapp had a negative net margin of 6.48% and a negative return on equity of 2.28%. The business’s revenue was up 13.1% on a year-over-year basis. During the same quarter last year, the company earned $0.26 EPS. Intapp has set its Q4 2026 guidance at 0.360-0.380 EPS and its FY 2026 guidance at 1.220-1.240 EPS. Analysts anticipate that Intapp, Inc. will post -0.05 earnings per share for the current fiscal year.

Intapp announced that its board has initiated a share repurchase plan on Tuesday, February 3rd that authorizes the company to repurchase $200.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 7.3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Intapp 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.