Rep. Julia Letlow Sells Off Shares of Intuit Inc. (NASDAQ:INTU)

Representative Julia Letlow (Republican-Louisiana) recently sold shares of Intuit Inc. (NASDAQ:INTU). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intuit stock on February 2nd. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of HF Sinclair (NYSE:DINO) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of BXP (NYSE:BXP) on 2/20/2026.
• Purchased $1,001 – $15,000 in shares of Travelers Companies (NYSE:TRV) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of Expand Energy (NASDAQ:EXE) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Public Service Enterprise Group (NYSE:PEG) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Vistra (NYSE:VST) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Extra Space Storage (NYSE:EXR) on 2/12/2026.
• Sold $1,001 – $15,000 in shares of Icon (NASDAQ:ICLR) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 2/12/2026.

Intuit Stock Performance

Shares of NASDAQ INTU opened at $416.44 on Monday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. The stock’s 50 day moving average price is $448.23 and its two-hundred day moving average price is $584.06. Intuit Inc. has a 52-week low of $349.00 and a 52-week high of $813.70. The stock has a market capitalization of $115.17 billion, a P/E ratio of 26.97, a PEG ratio of 1.67 and a beta of 1.27.

Intuit (NASDAQ:INTU) last issued its earnings results on Thursday, February 26th. The software maker reported $4.15 EPS 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 company had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. During the same quarter last year, the firm earned $3.32 EPS. The business’s 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, analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be issued a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit’s payout ratio is currently 31.09%.

Insider Activity

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the completion of the transaction, the director owned 13,253 shares in the company, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Scott D. Cook sold 1,402 shares of the firm’s stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total transaction of $936,564.04. Following the completion of the sale, the director owned 5,668,182 shares in the company, valued at $3,786,458,939.64. The trade was a 0.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 44,403 shares of company stock valued at $28,735,492. Company insiders own 2.49% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in Intuit by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker’s stock valued at $19,156,152,000 after buying an additional 296,448 shares during the last quarter. State Street Corp grew its position in shares of Intuit by 1.4% during the fourth quarter. State Street Corp now owns 13,062,848 shares of the software maker’s stock worth $8,653,092,000 after acquiring an additional 180,069 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Intuit by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 6,614,539 shares of the software maker’s stock worth $4,369,488,000 after acquiring an additional 87,451 shares during the period. Morgan Stanley increased its holdings in shares of Intuit by 1.2% in the 4th quarter. Morgan Stanley now owns 5,100,857 shares of the software maker’s stock worth $3,378,912,000 after acquiring an additional 60,910 shares during the period. Finally, Norges Bank bought a new stake in Intuit in the 4th quarter valued at about $3,058,407,000. 83.66% of the stock is currently owned by institutional investors.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit reported a solid quarter: $4.15 EPS vs. $3.68 expected and $4.65B revenue vs. $4.53B expected; revenue +17.4% YoY and management set FY26 and Q3 2026 EPS ranges that imply continued profitability and growth. This beat/guidance supports medium-term fundamentals and underpins buy-the-dip narratives.
• Positive Sentiment: Some analysts and commentators view the recent share decline as a buying window—arguing the pullback prices in optimistic long-term AI/cloud monetization while offering an entry for investors focused on recurring revenue and cash flow. Intuit’s Collapse Created A Rare Buying Window
• Neutral Sentiment: Heightened retail and search interest around INTU suggests the name is in focus—higher attention can raise intraday volatility and trading volume as investors react to headlines and headlines-driven flows. Investors Heavily Search Intuit Inc. (INTU): Here is What You Need to Know
• Neutral Sentiment: Recent write-ups are dissecting Intuit’s valuation after sharp recent swings—some see undervaluation vs. long-term AI-driven opportunity, others flag that short-term multiples may still look rich relative to near-term growth deceleration. Assessing Intuit (INTU) Valuation After Recent Share Price Swings And Undervaluation Debate
• Neutral Sentiment: Comparisons to peers (e.g., Block) highlight a competitive fintech landscape where Intuit’s AI ecosystem and tax/SMB franchises are strengths but require continued execution vs. fast-growing rivals. This shapes relative investor preference rather than a binary buy/sell trigger. Block vs Intuit: Which Fintech Stock is the Better Buy Now?
• Negative Sentiment: Broader weakness in software and tech/AI rotation is pressuring Intuit shares; sector de-risking and hardware-driven market moves have pulled down software multiples and triggered short-term selling. Software Stocks Fall, Hardware Falls Harder. What to Know in the Stock Market’s AI Era.
• Negative Sentiment: Price momentum metrics show meaningful recent weakness (large multi-month declines and volatility), which can attract additional technical selling and weigh on sentiment until conviction on growth/AI monetization re-accelerates.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on INTU shares. Northcoast Research raised shares of Intuit from a “neutral” rating to a “buy” rating and set a $575.00 price objective for the company in a report on Friday, March 6th. TD Cowen reiterated a “buy” rating on shares of Intuit in a research note on Monday, March 16th. Daiwa Securities Group dropped their target price on shares of Intuit from $800.00 to $640.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. Royal Bank Of Canada decreased their price target on shares of Intuit from $850.00 to $600.00 and set an “outperform” rating for the company in a report on Friday, February 27th. Finally, Barclays reaffirmed an “overweight” rating and issued a $540.00 price target on shares of Intuit in a report on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $638.06.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

Intuit Company Profile

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.