Vanguard Group Inc. Cuts Stock Holdings in Intapp, Inc. $INTA

Vanguard Group Inc. trimmed its position in shares of Intapp, Inc. (NASDAQ:INTAFree Report) by 0.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,771,199 shares of the company’s stock after selling 33,704 shares during the quarter. Vanguard Group Inc. owned 8.26% of Intapp worth $310,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. Teacher Retirement System of Texas boosted its holdings in Intapp by 20.1% during the 4th quarter. Teacher Retirement System of Texas now owns 58,600 shares of the company’s stock worth $2,685,000 after acquiring an additional 9,815 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Intapp by 7.1% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 34,586 shares of the company’s stock worth $1,585,000 after acquiring an additional 2,289 shares during the last quarter. Mine & Arao Wealth Creation & Management LLC. purchased a new position in Intapp during the 4th quarter worth $614,000. First Horizon Corp purchased a new stake in shares of Intapp during the 4th quarter valued at $44,000. Finally, CWM LLC raised its stake in shares of Intapp by 893.4% during the 4th quarter. CWM LLC now owns 15,934 shares of the company’s stock worth $730,000 after purchasing an additional 14,330 shares during the period. 89.96% of the stock is owned by hedge funds and other institutional investors.

Intapp News Summary

Here are the key news stories impacting Intapp this week:

Intapp Stock Performance

Shares of Intapp stock opened at $23.98 on Friday. Intapp, Inc. has a 52-week low of $19.24 and a 52-week high of $58.84. The stock’s 50-day simple moving average is $24.08 and its 200 day simple moving average is $33.41. The stock has a market capitalization of $1.85 billion, a P/E ratio of -52.13, a P/E/G ratio of 82.39 and a beta of 0.49.

Intapp (NASDAQ:INTAGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. Intapp had a negative return on equity of 2.28% and a negative net margin of 6.48%.The business had revenue of $146.04 million for the quarter, compared to analysts’ expectations of $144.32 million. During the same period in the previous year, the business posted $0.26 EPS. The firm’s quarterly revenue was up 13.1% compared to the same quarter last year. Intapp has set its Q4 2026 guidance at 0.360-0.380 EPS and its FY 2026 guidance at 1.220-1.240 EPS. Equities research analysts forecast that Intapp, Inc. will post 0.01 EPS for the current fiscal year.

Intapp declared that its board has approved a share buyback program on Tuesday, February 3rd that authorizes the company to repurchase $200.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 7.3% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Wall Street Zen cut Intapp from a “strong-buy” rating to a “buy” rating in a research note on Sunday, April 19th. Zacks Research cut Intapp from a “hold” rating to a “strong sell” rating in a research note on Tuesday. UBS Group lowered their target price on Intapp from $54.00 to $46.00 and set a “buy” rating on the stock in a research note on Thursday, April 23rd. Barclays lifted their target price on Intapp from $20.00 to $25.00 and gave the stock an “underweight” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. reduced their price objective on Intapp from $58.00 to $47.00 and set an “overweight” rating for the company in a report on Wednesday. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Intapp currently has an average rating of “Hold” and a consensus target price of $34.57.

View Our Latest Research Report on Intapp

Intapp Profile

(Free Report)

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

Institutional Ownership by Quarter for Intapp (NASDAQ:INTA)

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