Intapp Stock Rebounds on Beat-and-Raise

Core Insights - Intapp Inc (NASDAQ: INTA) experienced an 11.1% increase in stock price, reaching $41.02, following better-than-expected fiscal fourth-quarter results and an upward revision of its full-year revenue forecast, driven by growing cloud revenue [1] - The company announced a $150 million share repurchase program, indicating confidence in its financial position [1] Stock Performance - Prior to the recent rebound, Intapp's stock had been declining since mid-June, marking its ninth consecutive weekly loss, and is down 36.4% year to date from a record high of $77.74 on February 14 [2] - Analysts have mixed opinions on the stock, with UBS lowering its price target to $72 from $83, while Barclays raised its target to $47 from $44 [3] - The 12-month consensus price target stands at $61.43, which represents a significant premium over current stock levels [3] Options Activity - Intapp's stock has seen an increase in options trading, with daily options volume reaching eight times its usual amount, indicating heightened interest [3] - The August 45 call option has emerged as the most popular, with new positions being opened [3]