Intapp (NASDAQ:INTA) Sees Unusually-High Trading Volume After Earnings Beat

Intapp, Inc. (NASDAQ:INTA) saw an uptick in trading volume on Tuesday after the company announced better than expected quarterly earnings. 1,358,935 shares were traded during mid-day trading, an increase of 128% from the previous session’s volume of 595,004 shares.The stock last traded at $29.2590 and had previously closed at $33.64.

The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.07. Intapp had a negative return on equity of 0.59% and a negative net margin of 4.37%.The company had revenue of $140.21 million for the quarter, compared to the consensus estimate of $138.20 million. During the same period in the previous year, the business earned $0.21 earnings per share. The company’s quarterly revenue was up 15.7% on a year-over-year basis. Intapp has set its FY 2026 guidance at 1.200-1.240 EPS and its Q3 2026 guidance at 0.270-0.290 EPS.

Intapp announced that its Board of Directors has approved a stock buyback plan on Tuesday, February 3rd that authorizes the company to repurchase $200.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 7.3% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Key Stories Impacting Intapp

Here are the key news stories impacting Intapp this week:

• Positive Sentiment: Earnings and guidance beat — Intapp reported Q2 EPS of $0.33 (vs. $0.26 consensus) and revenue of $140.2M, with revenue up ~15.7% YoY; the company raised Q3 and FY2026 guidance above Street expectations. Earnings Release
• Positive Sentiment: $200M share repurchase — the Board authorized up to $200M in buybacks (about 7.3% of shares), a capital-return signal that can support the share price and EPS. Buyback Release
• Neutral Sentiment: JPMorgan lowered its price target from $70 to $58 but kept an Overweight rating — still implies substantial upside vs. current levels, though the cut may temper momentum. Benzinga
• Neutral Sentiment: Stifel trimmed its price target from $50 to $40 while maintaining a Buy rating — another sign analysts are moderating near-term expectations even as they stay constructive. The Fly
• Neutral Sentiment: Earnings call transcript and coverage available — useful for assessing management color on demand, margin trajectory, and buyback timing. Transcript
• Negative Sentiment: Profitability still a concern — despite the EPS beat, Intapp reported a negative net margin (~-5.35%) and negative ROE, reminding investors the company is not yet consistently profitable on a net basis. MarketBeat

Analyst Upgrades and Downgrades

INTA has been the topic of several recent analyst reports. Truist Financial set a $35.00 target price on shares of Intapp in a research note on Wednesday. JPMorgan Chase & Co. cut their price target on shares of Intapp from $70.00 to $58.00 and set an “overweight” rating for the company in a report on Wednesday. UBS Group set a $54.00 price target on shares of Intapp in a research report on Wednesday. Stifel Nicolaus dropped their price objective on shares of Intapp from $50.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday. Finally, Piper Sandler cut their target price on shares of Intapp from $42.00 to $33.00 and set a “neutral” rating for the company in a research note on Wednesday. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $43.43.

Insider Transactions at Intapp

In other news, CEO John T. Hall sold 22,243 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $40.76, for a total transaction of $906,624.68. Following the transaction, the chief executive officer directly owned 5,711,668 shares in the company, valued at approximately $232,807,587.68. This represents a 0.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO David H. Morton, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $40.76, for a total transaction of $407,600.00. Following the completion of the sale, the chief financial officer directly owned 43,765 shares of the company’s stock, valued at approximately $1,783,861.40. This represents a 18.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 48,243 shares of company stock valued at $2,070,785. Insiders own 11.21% of the company’s stock.

Hedge Funds Weigh In On Intapp

Several hedge funds have recently added to or reduced their stakes in INTA. AQR Capital Management LLC raised its holdings in Intapp by 60.9% during the 1st quarter. AQR Capital Management LLC now owns 30,969 shares of the company’s stock worth $1,808,000 after purchasing an additional 11,719 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Intapp by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,737 shares of the company’s stock worth $1,853,000 after buying an additional 1,379 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Intapp by 2.3% during the first quarter. Goldman Sachs Group Inc. now owns 279,511 shares of the company’s stock worth $16,318,000 after buying an additional 6,210 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Intapp by 19.3% during the second quarter. Janney Montgomery Scott LLC now owns 7,050 shares of the company’s stock worth $364,000 after buying an additional 1,142 shares during the last quarter. Finally, Truist Financial Corp lifted its holdings in Intapp by 378.5% in the second quarter. Truist Financial Corp now owns 26,188 shares of the company’s stock valued at $1,352,000 after buying an additional 20,715 shares during the period. Institutional investors own 89.96% of the company’s stock.

Intapp Price Performance

The business’s 50 day simple moving average is $41.88 and its 200-day simple moving average is $41.51. The stock has a market capitalization of $2.08 billion, a P/E ratio of -84.80, a PEG ratio of 49.29 and a beta of 0.68.

About Intapp

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.