Intapp (INTA) Fell Despite Positive Indicators

TimesSquare Capital Management, an equity investment management company, released its “U.S. Small Cap Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. During the quarter, the fund returned 11.28% (gross) and 11.02% (net), compared to the Russell 2000 Growth Index by 11.97%. Equities posted double-digit returns in the second quarter as global economic activity measures lifted. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, TimesSquare Capital Small Cap Growth Strategy highlighted stocks such as Intapp, Inc. (NASDAQ:INTA). Headquartered in Palo Alto, California, Intapp, Inc. (NASDAQ:INTA) offers industry-specific cloud-based software solutions. The one-month return of Intapp, Inc. (NASDAQ:INTA) was 7.67%, and its shares gained 1.14% of their value over the last 52 weeks. On September 11, 2025, Intapp, Inc. (NASDAQ:INTA) stock closed at $45.40 per share, with a market capitalization of $3.73 billion.

TimesSquare Capital U.S. Focus Growth Strategy stated the following regarding Intapp, Inc. (NASDAQ:INTA) in its second quarter 2025 investor letter:

“Among the wide variety of Information Technology companies, we prefer critical system providers, specialized component designers, systems that improve productivity or efficiency for their clients, and others that are growing their shares of corporate IT budgets. Intapp, Inc. (NASDAQ:INTA), a provider of AI-powered solutions including deal and relationship management, fell -12%. Revenues for the latest quarter were in line with consensus expectations, along with better profitability and free cash flow. Cloud net revenue retention was stable and Intapp’s expanded AI offerings are receiving positive reception from clients.”

Intapp, Inc. (NASDAQ:INTA) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 28 hedge fund portfolios held Intapp, Inc. (NASDAQ:INTA) at the end of the second quarter, which was 22 in the previous quarter. In the fiscal fourth quarter of 2025, Intapp, Inc. (NASDAQ:INTA) generated total revenue of $135 million, up 18% year-over-year. While we acknowledge the risk and potential Intapp, Inc. (NASDAQ:INTA) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Intapp, Inc. (NASDAQ:INTA) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Intapp, Inc. (NASDAQ:INTA) and shared the list of stocks with whopping 11-97% upside. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.