Intuit Inc. $INTU Shares Bought by Varma Mutual Pension Insurance Co

Varma Mutual Pension Insurance Co lifted its position in shares of Intuit Inc. (NASDAQ:INTU) by 8.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 45,058 shares of the software maker’s stock after purchasing an additional 3,600 shares during the period. Varma Mutual Pension Insurance Co’s holdings in Intuit were worth $30,771,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of INTU. May Hill Capital LLC increased its stake in Intuit by 4.2% in the second quarter. May Hill Capital LLC now owns 345 shares of the software maker’s stock valued at $272,000 after purchasing an additional 14 shares during the period. Telos Capital Management Inc. boosted its stake in shares of Intuit by 2.6% during the second quarter. Telos Capital Management Inc. now owns 585 shares of the software maker’s stock worth $461,000 after buying an additional 15 shares during the period. Mcrae Capital Management Inc. grew its holdings in shares of Intuit by 0.7% during the second quarter. Mcrae Capital Management Inc. now owns 2,187 shares of the software maker’s stock worth $1,723,000 after buying an additional 15 shares during the last quarter. Fort Sheridan Advisors LLC increased its position in Intuit by 2.1% in the 2nd quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker’s stock valued at $569,000 after acquiring an additional 15 shares during the period. Finally, BetterWealth LLC raised its stake in Intuit by 3.8% during the 3rd quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock valued at $281,000 after acquiring an additional 15 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Wolfe Research lowered their target price on Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a research note on Monday, December 15th. KeyCorp cut their price target on Intuit from $825.00 to $750.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. BMO Capital Markets lowered their price objective on shares of Intuit from $810.00 to $624.00 and set an “outperform” rating on the stock in a research report on Tuesday. Daiwa Securities Group boosted their price objective on shares of Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a research note on Wednesday, November 26th. Finally, Wall Street Zen upgraded shares of Intuit from a “hold” rating to a “buy” rating in a research note on Sunday, January 11th. Twenty-two analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $772.42.

Insider Transactions at Intuit

In related news, Director Scott D. Cook sold 75,000 shares of the business’s stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $673.43, for a total value of $50,507,250.00. Following the sale, the director directly owned 5,669,584 shares in the company, valued at $3,818,067,953.12. The trade was a 1.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $629.46, for a total transaction of $840,329.10. Following the completion of the sale, the chief financial officer owned 536 shares in the company, valued at $337,390.56. This represents a 71.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 388,464 shares of company stock valued at $255,514,393. Company insiders own 2.49% of the company’s stock.

Intuit Stock Performance

NASDAQ:INTU opened at $399.31 on Thursday. The firm’s fifty day simple moving average is $593.15 and its 200-day simple moving average is $649.61. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. The stock has a market cap of $111.12 billion, a PE ratio of 27.29, a price-to-earnings-growth ratio of 1.72 and a beta of 1.24. Intuit Inc. has a fifty-two week low of $392.38 and a fifty-two week high of $813.70.

Intuit (NASDAQ:INTU) last released its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, topping analysts’ consensus estimates of $3.09 by $0.25. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The firm had revenue of $3.87 billion for the quarter, compared to the consensus estimate of $3.76 billion. During the same quarter in the previous year, the firm earned $2.50 earnings per share. The firm’s revenue was up 18.3% on a year-over-year basis. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Analysts expect 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 was paid on Friday, January 16th. Investors of record on Friday, January 9th were paid a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Friday, January 9th. Intuit’s dividend payout ratio (DPR) is presently 32.81%.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: BMO Capital kept an “Outperform” rating on INTU (supports investor confidence in the name). BMO Capital Maintains an Outperform Rating on Intuit Inc. (INTU)
• Positive Sentiment: Intuit launched an AI-powered Construction Edition for its Enterprise Suite — expands addressable market in mid-market construction with AI-native ERP features. Intuit Launches New AI-Powered Construction Edition for Intuit Enterprise Suite
• Positive Sentiment: Intuit rolled out a new firm hub as a QBOA replacement — product cadence that can improve retention and sell-through to accountants. Intuit launches new firm hub as QBOA replacement
• Positive Sentiment: Prominent commentators (e.g., Jim Cramer) and bullish pieces argue the pullback is a buying opportunity—supports short-term buyer interest. Jim Cramer on Intuit: “I’d Be a Buyer Right Here, Right Now”
• Neutral Sentiment: Industry strategists and analysts (Morgan Stanley, JP Morgan commentary) are flagging the broader software sell-off as a potential entry point for high-quality names like Intuit—contextual for sector-driven moves rather than company-specific news. AI disruption fears create buying chance in US software stocks, strategists say
• Neutral Sentiment: Reported short-interest figures in feeds look erroneous (showing 0 shares); no clear meaningful short-squeeze signal from the published data. Intuit stock hits 52-week low at $410.59
• Negative Sentiment: BMO cut its price target on INTU from $810 to $624 — lowers near-term analyst valuation and is a direct negative for investor expectations. BMO Capital Maintains an Outperform Rating on Intuit Inc. (INTU)
• Negative Sentiment: INTU hit a 52-week low ($410.59 reported) — signals selling pressure and reinforces negative sentiment among momentum and risk-averse investors. Intuit stock hits 52-week low at $410.59
• Negative Sentiment: An employee has sued Intuit alleging a manager labeled her a “DEI hire” — potential reputational/legal risk, though impact on fundamentals likely limited unless escalates. Employee sues Intuit alleging manager branded her a ‘DEI hire’

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.