Deutsche Bank AG Takes Position in Intapp, Inc. $INTA

Deutsche Bank AG acquired a new stake in Intapp, Inc. (NASDAQ:INTA) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 66,945 shares of the company’s stock, valued at approximately $1,688,000.

A number of other institutional investors have also recently added to or reduced their stakes in INTA. Bamco Inc. NY increased its holdings in Intapp by 15.5% in the fourth quarter. Bamco Inc. NY now owns 3,327,989 shares of the company’s stock valued at $152,488,000 after buying an additional 447,039 shares in the last quarter. Capital World Investors lifted its position in shares of Intapp by 3.5% during the 4th 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. Jennison Associates LLC boosted its stake in shares of Intapp by 9.7% during the 1st quarter. Jennison Associates LLC now owns 2,008,826 shares of the company’s stock worth $51,607,000 after acquiring an additional 177,201 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of Intapp by 143.7% in the 3rd quarter. Wellington Management Group LLP now owns 1,891,556 shares of the company’s stock worth $77,365,000 after acquiring an additional 1,115,392 shares during the period. Finally, Praesidium Investment Management Company LLC grew its holdings in shares of Intapp by 5.7% in the 4th quarter. Praesidium Investment Management Company LLC now owns 1,841,850 shares of the company’s stock worth $84,394,000 after acquiring an additional 98,767 shares during the period. Hedge funds and other institutional investors own 89.96% of the company’s stock.

Intapp Stock Down 0.5%

Shares of NASDAQ:INTA opened at $43.47 on Friday. The company has a market capitalization of $3.33 billion, a P/E ratio of -83.60, a P/E/G ratio of 16.87 and a beta of 0.42. Intapp, Inc. has a 52-week low of $19.01 and a 52-week high of $47.93. The stock’s fifty day simple moving average is $32.11 and its 200-day simple moving average is $26.44.

Intapp (NASDAQ:INTA) last released its earnings results on Tuesday, August 4th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $152.53 million for the quarter, compared to analyst estimates of $149.75 million. During the same period in the prior year, the firm earned $0.27 EPS. The firm’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, sell-side analysts anticipate that Intapp, Inc. will post 0.07 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on INTA shares. Barclays lifted their price objective on Intapp from $25.00 to $29.00 and gave the stock an “underweight” rating in a report on Wednesday, August 5th. Truist Financial upped their target price on Intapp from $35.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Piper Sandler raised their price target on Intapp from $25.00 to $34.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. cut their price target on Intapp from $58.00 to $47.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Finally, Wall Street Zen upgraded shares of Intapp from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, Intapp has an average rating of “Hold” and a consensus target price of $37.86.

Insider Buying and Selling at Intapp

In other Intapp news, insider Michele Murgel sold 14,591 shares of Intapp 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 directly owned 233,632 shares of the company’s stock, valued at approximately $5,845,472.64. The trade was a 5.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director George R. Neble sold 2,624 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $40.00, for a total value of $104,960.00. Following the completion of the transaction, the director owned 30,465 shares of the company’s stock, valued at $1,218,600. This trade represents a 7.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 94,491 shares of company stock valued at $3,650,613. 11.21% of the stock is owned by corporate 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.