Praesidium Investment Management Company LLC grew its position in shares of Intapp, Inc. (NASDAQ:INTA – Free Report) by 5.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,841,850 shares of the company’s stock after acquiring an additional 98,767 shares during the quarter. Intapp comprises about 15.6% of Praesidium Investment Management Company LLC’s investment portfolio, making the stock its 2nd largest holding. Praesidium Investment Management Company LLC owned about 2.29% of Intapp worth $84,394,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Intapp by 0.4% during the third quarter. Vanguard Group Inc. now owns 6,804,903 shares of the company’s stock valued at $278,321,000 after acquiring an additional 25,702 shares during the period. Capital World Investors boosted its holdings in shares of Intapp by 3.5% during the fourth quarter. Capital World Investors now owns 2,992,169 shares of the company’s stock valued at $137,101,000 after acquiring an additional 100,000 shares during the period. Bamco Inc. NY boosted its holdings in shares of Intapp by 6.7% during the third quarter. Bamco Inc. NY now owns 2,880,950 shares of the company’s stock valued at $117,831,000 after acquiring an additional 181,073 shares during the period. Wellington Management Group LLP boosted its holdings in shares of Intapp by 143.7% during the third quarter. Wellington Management Group LLP now owns 1,891,556 shares of the company’s stock valued at $77,365,000 after acquiring an additional 1,115,392 shares during the period. Finally, Jennison Associates LLC raised its stake in shares of Intapp by 3.7% during the fourth quarter. Jennison Associates LLC now owns 1,831,625 shares of the company’s stock valued at $83,925,000 after purchasing an additional 65,174 shares in the last quarter. Institutional investors and hedge funds own 89.96% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on INTA. Barclays lifted their price objective on shares of Intapp from $20.00 to $25.00 and gave the company an “underweight” rating in a research note on Wednesday, May 6th. Weiss Ratings restated a “sell (e+)” rating on shares of Intapp in a research note on Friday, June 5th. Citigroup lifted their price objective on shares of Intapp from $26.00 to $29.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. cut their price objective on shares of Intapp from $58.00 to $47.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Finally, Oppenheimer restated a “market perform” rating on shares of Intapp in a research note on Thursday, February 26th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $34.57.
Intapp Trading Up 3.0%
Shares of Intapp stock opened at $23.90 on Friday. The company’s 50-day moving average price is $22.65 and its two-hundred day moving average price is $30.28. Intapp, Inc. has a 52 week low of $19.01 and a 52 week high of $55.38. The stock has a market cap of $1.84 billion, a PE ratio of -51.96 and a beta of 0.49.
Intapp (NASDAQ:INTA – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.01. The firm had revenue of $146.04 million for the quarter, compared to analysts’ expectations of $144.32 million. Intapp had a negative return on equity of 2.28% and a negative net margin of 6.48%.Intapp’s revenue was up 13.1% on a year-over-year basis. During the same quarter last year, the business posted $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. On average, equities analysts predict that Intapp, Inc. will post -0.05 EPS for the current fiscal year.
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.
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