Core Insights - TimesSquare Capital Management reported a gross return of 11.28% and a net return of 11.02% for its "U.S. Small Cap Growth Strategy" in Q2 2025, underperforming the Russell 2000 Growth Index which returned 11.97% [1] - The fund's performance was attributed to double-digit returns in equities driven by improved global economic activity [1] Company Overview: Intapp, Inc. (NASDAQ:INTA) - Intapp, Inc. specializes in industry-specific cloud-based software solutions and is headquartered in Palo Alto, California [2] - The stock of Intapp, Inc. had a one-month return of 7.67% and a 52-week gain of 1.14%, closing at $45.40 per share with a market capitalization of $3.73 billion as of September 11, 2025 [2] Financial Performance - In Q4 2025, Intapp, Inc. reported total revenue of $135 million, reflecting an 18% year-over-year increase [4] - The company's revenue for the latest quarter met consensus expectations, with improved profitability and free cash flow [3] Market Position and Hedge Fund Interest - Intapp, Inc. was held by 28 hedge fund portfolios at the end of Q2 2025, an increase from 22 in the previous quarter [4] - Despite its potential, the company is not among the 30 most popular stocks among hedge funds, and there are suggestions that other AI stocks may offer better upside potential with less downside risk [4] Strategic Focus - TimesSquare Capital's strategy favors critical system providers and specialized component designers within the Information Technology sector, indicating a preference for companies that enhance productivity and efficiency [3] - Intapp's AI-powered solutions, particularly in deal and relationship management, are noted for their positive reception from clients, although the stock experienced a decline of 12% [3]
Intapp (INTA) Fell Despite Positive Indicators