35,195 Shares in Intapp, Inc. $INTA Purchased by Ieq Capital LLC

Ieq Capital LLC acquired a new position in shares of Intapp, Inc. (NASDAQ:INTA) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 35,195 shares of the company’s stock, valued at approximately $887,000.

Other large investors also recently added to or reduced their stakes in the company. TimesSquare Capital Management LLC bought a new stake in shares of Intapp during the second quarter worth approximately $12,650,000. Alamar Capital Management LLC bought a new position in Intapp in the second quarter valued at approximately $2,040,000. Jennison Associates LLC boosted its stake in Intapp by 3.7% in the fourth quarter. Jennison Associates LLC now owns 1,831,625 shares of the company’s stock valued at $83,925,000 after acquiring an additional 65,174 shares during the last quarter. AMS Capital Ltda grew its holdings in Intapp by 83.6% during the 1st quarter. AMS Capital Ltda now owns 324,186 shares of the company’s stock worth $8,328,000 after acquiring an additional 147,567 shares during the period. Finally, Lazard Asset Management LLC grew its holdings in Intapp by 100.1% during the 1st quarter. Lazard Asset Management LLC now owns 89,968 shares of the company’s stock worth $2,311,000 after acquiring an additional 45,006 shares during the period. 89.96% of the stock is currently owned by institutional investors and hedge funds.

Intapp Price Performance

NASDAQ:INTA opened at $43.70 on Friday. The business’s 50-day simple moving average is $31.68 and its 200-day simple moving average is $26.32. Intapp, Inc. has a fifty-two week low of $19.01 and a fifty-two week high of $47.93. The stock has a market capitalization of $3.34 billion, a PE ratio of -84.04, a price-to-earnings-growth ratio of 15.60 and a beta of 0.42.

Intapp (NASDAQ:INTA) last announced its earnings results on Tuesday, August 4th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.36 by $0.05. Intapp had a negative net margin of 7.15% and a negative return on equity of 3.30%. The firm had revenue of $152.53 million for the quarter, compared to the consensus estimate of $149.75 million. During the same period last year, the company posted $0.27 EPS. The business’s quarterly revenue was up 13.0% on a year-over-year basis. Intapp has set its Q1 2027 guidance at 0.390-0.410 EPS and its FY 2027 guidance at 1.580-1.620 EPS. On average, research analysts expect that Intapp, Inc. will post 0.07 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently weighed in on INTA. Barclays increased their price target on Intapp from $25.00 to $29.00 and gave the company an “underweight” rating in a research note on Wednesday, August 5th. Wall Street Zen upgraded Intapp from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Truist Financial increased their target price on Intapp from $35.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a report on Friday, June 5th. Finally, Piper Sandler boosted their target price on Intapp from $25.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $37.86.

Insiders Place Their Bets

In related news, CEO John T. Hall sold 65,802 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $41.20, for a total transaction of $2,711,042.40. Following the completion of the transaction, the chief executive officer directly owned 5,814,808 shares in the company, valued at approximately $239,570,089.60. This trade represents a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michele Murgel sold 14,591 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $25.02, for a total value of $365,066.82. Following the completion of the sale, the insider owned 233,632 shares in the company, valued at $5,845,472.64. The trade was a 5.88% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 94,491 shares of company stock worth $3,650,613 in the last ninety days. 11.21% of the stock is owned by insiders.

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.