Intapp (NASDAQ:INTA) Board Declares Share Repurchase Plan

Intapp (NASDAQ:INTAGet Free Report) announced that its board has approved a share repurchase plan on Tuesday, February 3rd, RTT News reports. The company plans to repurchase $200.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 7.3% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

INTA has been the subject of a number of analyst reports. Truist Financial set a $35.00 price objective on Intapp in a research report on Wednesday. UBS Group set a $54.00 target price on shares of Intapp in a research report on Wednesday. Citigroup raised their price target on shares of Intapp from $46.00 to $49.00 and gave the stock a “neutral” rating in a report on Tuesday, December 23rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Intapp in a research note on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Intapp from a “hold” rating to a “buy” rating in a research report on Sunday, October 26th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Intapp has a consensus rating of “Hold” and a consensus price target of $43.43.

Read Our Latest Analysis on INTA

Intapp Stock Down 13.2%

Shares of INTA stock opened at $25.44 on Thursday. The firm has a 50 day moving average of $41.88 and a 200-day moving average of $41.51. The company has a market cap of $2.08 billion, a price-to-earnings ratio of -84.80, a price-to-earnings-growth ratio of 49.29 and a beta of 0.68. Intapp has a 52 week low of $20.76 and a 52 week high of $77.74.

Intapp (NASDAQ:INTAGet Free Report) last issued its earnings results on Tuesday, February 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.07. The business had revenue of $140.21 million for the quarter, compared to analyst estimates of $138.20 million. Intapp had a negative net margin of 4.37% and a negative return on equity of 0.59%. Intapp’s revenue was up 15.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.21 earnings per share. Intapp has set its FY 2026 guidance at 1.200-1.240 EPS and its Q3 2026 guidance at 0.270-0.290 EPS. Analysts anticipate that Intapp will post -0.14 earnings per share for the current year.

Key Intapp News

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

Insider Transactions at Intapp

In other news, CFO David H. Morton, Jr. sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The stock was 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 owned 43,765 shares in the company, valued at $1,783,861.40. The trade was a 18.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO John T. Hall sold 8,000 shares of the company’s stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $47.48, for a total value of $379,840.00. Following the transaction, the chief executive officer directly owned 5,711,668 shares in the company, valued at $271,189,996.64. The trade was a 0.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 48,243 shares of company stock valued at $2,070,785 over the last ninety days. 11.21% of the stock is currently owned by corporate insiders.

About Intapp

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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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