Intuit Inc. $INTU Shares Acquired by National Bank of Canada FI

National Bank of Canada FI boosted its stake in Intuit Inc. (NASDAQ:INTU) by 3.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 326,799 shares of the software maker’s stock after purchasing an additional 9,651 shares during the quarter. National Bank of Canada FI’s holdings in Intuit were worth $223,173,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. NEOS Investment Management LLC lifted its stake in shares of Intuit by 63.8% in the 3rd quarter. NEOS Investment Management LLC now owns 121,516 shares of the software maker’s stock valued at $82,984,000 after purchasing an additional 47,330 shares in the last quarter. Varma Mutual Pension Insurance Co increased its position in Intuit by 8.7% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 45,058 shares of the software maker’s stock worth $30,771,000 after purchasing an additional 3,600 shares in the last quarter. Nicholson Wealth Management Group LLC acquired a new stake in Intuit during the 3rd quarter worth approximately $1,465,000. Hantz Financial Services Inc. raised its holdings in Intuit by 50.3% in the third quarter. Hantz Financial Services Inc. now owns 31,871 shares of the software maker’s stock valued at $21,765,000 after buying an additional 10,661 shares during the period. Finally, Crossmark Global Holdings Inc. raised its holdings in Intuit by 15.8% in the third quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock valued at $32,526,000 after buying an additional 6,503 shares during the period. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Insiders Place Their Bets

In other Intuit news, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the completion of the transaction, the chief executive officer owned 13,611 shares in the company, valued at approximately $8,848,511.10. The trade was a 75.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Scott D. Cook sold 75,000 shares of the stock in a transaction on Monday, December 29th. The stock was sold at an average price of $673.43, for a total value of $50,507,250.00. Following the completion of the transaction, the director directly owned 5,669,584 shares of the company’s stock, valued at approximately $3,818,067,953.12. The trade was a 1.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 120,501 shares of company stock worth $79,983,892. Insiders own 2.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Jefferies Financial Group set a $650.00 price target on shares of Intuit in a research note on Sunday, February 22nd. Oppenheimer decreased their price target on Intuit from $696.00 to $558.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. BNP Paribas Exane raised Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 target price on the stock in a report on Monday. Royal Bank Of Canada decreased their target price on Intuit from $850.00 to $600.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Finally, Argus lowered their price target on Intuit from $780.00 to $580.00 and set a “buy” rating for the company in a report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $638.06.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Company is significantly accelerating its $3.5 billion buyback program and will repurchase shares more quickly, which reduces float and directly supports EPS and share price. Intuit scales up share buyback program amid market volatility
• Positive Sentiment: Founder and senior executives canceled prescheduled stock-sale plans (terminating 10b5-1 or similar automated sale arrangements), a clear management signal of confidence and alignment with shareholders. Intuit Leaders Cancel Stock Sales
• Neutral Sentiment: Media and analysts are framing the moves as a response to a “meaningfully misaligned” stock price; coverage explains rationale but also notes this is a signaling/financial-structure action rather than a change to core operating guidance. How Intuit is reacting to a stock price that it deems ‘meaningfully misaligned’ with reality
• Neutral Sentiment: Some sell‑side shops have refreshed coverage and price targets (a mix of upgrades and higher targets from a few firms), which provides additional analyst support but varies by firm. Intuit Stock (INTU) Opinions on Accelerated Share Buybacks
• Negative Sentiment: Background: the stock had been under pressure after investor worries that AI could weaken traditional software revenue trajectories; management’s moves address perception but do not eliminate execution or AI-related risk. Intuit Halts Management Stock Sales, Accelerates Buybacks
• Negative Sentiment: Longer-term insider transaction history shows heavy net insider selling in recent months, which some investors still view skeptically despite the new cancellations — a potential quirk investors should watch in future filings. Intuit Halts Insider Sales, Accelerates Share Repurchase Program

Intuit Stock Up 2.8%

INTU stock opened at $452.31 on Tuesday. 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 firm’s 50-day simple moving average is $478.68 and its 200 day simple moving average is $598.30. The stock has a market cap of $125.09 billion, a PE ratio of 29.29, a price-to-earnings-growth ratio of 1.77 and a beta of 1.26. Intuit Inc. has a fifty-two week low of $349.00 and a fifty-two week high of $813.70.

Intuit (NASDAQ:INTU) last posted 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. The firm had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. Intuit’s quarterly revenue was up 17.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, sell-side analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be paid a dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $4.80 annualized dividend and a yield of 1.1%. Intuit’s payout ratio is presently 31.09%.

Intuit 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.