Intuit Inc. (NASDAQ:INTU – Get Free Report) Director Richard Dalzell sold 333 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $474.01, for a total value of $157,845.33. Following the completion of the transaction, the director directly owned 13,919 shares of the company’s stock, valued at $6,597,745.19. The trade was a 2.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Intuit Price Performance
INTU traded down $5.32 during trading on Thursday, hitting $435.13. The company’s stock had a trading volume of 3,541,588 shares, compared to its average volume of 5,111,088. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a twelve month low of $349.00 and a twelve month high of $813.70. The business’s fifty day simple moving average is $490.65 and its 200 day simple moving average is $603.35. The firm has a market capitalization of $120.34 billion, a price-to-earnings ratio of 28.18, a P/E/G ratio of 1.77 and a beta of 1.26.
Intuit (NASDAQ:INTU – Get Free Report) last announced its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping the consensus estimate of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The business had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same period in the prior year, the company posted $3.32 EPS. The business’s quarterly revenue was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, equities research analysts forecast that Intuit Inc. will post 14.09 EPS for the current fiscal year.
Intuit Announces Dividend
Institutional Trading of Intuit
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fort Sheridan Advisors LLC boosted its position in shares of Intuit by 2.1% during the second quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker’s stock worth $569,000 after buying an additional 15 shares during the period. BetterWealth LLC raised its holdings in shares of Intuit by 3.8% in the 3rd quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock valued at $281,000 after buying an additional 15 shares during the period. Sachetta LLC lifted its stake in Intuit by 23.8% during the 3rd quarter. Sachetta LLC now owns 78 shares of the software maker’s stock worth $53,000 after acquiring an additional 15 shares in the last quarter. Clearstead Trust LLC lifted its stake in Intuit by 1.9% during the 2nd quarter. Clearstead Trust LLC now owns 862 shares of the software maker’s stock worth $679,000 after acquiring an additional 16 shares in the last quarter. Finally, Vance Wealth LLC boosted its holdings in Intuit by 1.5% during the 2nd quarter. Vance Wealth LLC now owns 1,116 shares of the software maker’s stock valued at $879,000 after acquiring an additional 16 shares during the period. Hedge funds and other institutional investors own 83.66% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on INTU. The Goldman Sachs Group cut their target price on shares of Intuit from $720.00 to $519.00 and set a “neutral” rating for the company in a research note on Friday, February 27th. Weiss Ratings cut Intuit from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 5th. BMO Capital Markets cut their price objective on Intuit from $624.00 to $550.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Susquehanna reduced their target price on Intuit from $819.00 to $720.00 and set a “positive” rating for the company in a report on Tuesday, February 24th. Finally, Mizuho decreased their target price on Intuit from $675.00 to $600.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $634.26.
Read Our Latest Stock Report on Intuit
More Intuit News
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Q4 results and peer-outperformance — Intuit reported a solid Q4 (beat on revenue and EPS) and has been flagged among earnings outperformers in the finance/HR software group, giving fundamental support to the stock. Q4 Earnings Outperformers
- Positive Sentiment: Strategic AI partnership — Intuit and Anthropic announced a multi-year collaboration to build AI-driven financial agents using Intuit’s proprietary data and Anthropic’s Claude models; this could accelerate product differentiation and long-term revenue streams if successfully commercialized. Intuit, Anthropic Partner
- Positive Sentiment: Analyst / influencer support — Rothschild & Co Redburn upgraded Intuit, and prominent TV commentary (Jim Cramer) reiterated confidence in the name, which can help stabilize demand for shares among retail and some institutional buyers. Rothschild Upgrade Cramer Remarks
- Neutral Sentiment: Increased attention and valuation reviews — Multiple outlets are running valuation pieces and “trending stock” writeups; these increase scrutiny and trading volume but don’t establish a clear direction by themselves. Assessing Valuation Zacks Trending
- Negative Sentiment: Large recent drawdown and technical/structural concerns — Several analysts and commentators warn the stock has been materially derated (50%+ decline from highs), raising the risk of further downside amid AI uncertainty and valuation compression. Benzinga Structural Concerns
- Negative Sentiment: Bearish outlooks on near-term risk/volatility — Opinion pieces caution that, despite healthy growth, Intuit faces valuation and execution uncertainty that could produce continued volatility and further multiple compression. Fool: How Much Further Could It Fall?
About Intuit
Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.
Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.
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