Hantz Financial Services Inc. increased its position in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 50.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,871 shares of the software maker’s stock after purchasing an additional 10,661 shares during the quarter. Hantz Financial Services Inc.’s holdings in Intuit were worth $21,765,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC grew its holdings in shares of Intuit by 540.0% during the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after buying an additional 27 shares in the last quarter. Westside Investment Management Inc. boosted its position in Intuit by 161.5% during the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after acquiring an additional 21 shares during the last quarter. Sagard Holdings Management Inc. purchased a new stake in Intuit during the 2nd quarter valued at about $28,000. True Wealth Design LLC grew its stake in Intuit by 270.0% during the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock valued at $29,000 after acquiring an additional 27 shares in the last quarter. Finally, LGT Financial Advisors LLC acquired a new stake in Intuit in the 2nd quarter valued at about $32,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.
Insider Transactions at Intuit
In related 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 value of $26,654,100.00. Following the sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the transaction, the chief financial officer owned 536 shares of the company’s stock, valued at $337,390.56. This trade represents a 71.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 388,464 shares of company stock valued at $255,514,393. Corporate insiders own 2.49% of the company’s stock.
Trending Headlines about Intuit
- Positive Sentiment: Intuit announced a multi‑year partnership with Affirm to add pay‑over‑time (BNPL) directly into QuickBooks Payments — a product tie that can boost payment revenue, merchant retention and SMB payment volume over time. Read More.
- Positive Sentiment: RBC Capital reiterated a Buy on INTU, which supports the view that some selloffs are tactical and that long‑term analyst conviction remains. Read More.
- Neutral Sentiment: Intuit is running consumer and community initiatives (NFL / 49ers Foundation financial‑literacy events), which help brand and user engagement but are unlikely to move near‑term revenue materially. Read More.
- Neutral Sentiment: Coverage on Intuit’s work supporting UK SME capital and other small‑business programs underscores longer‑term market expansion efforts; these are strategic but not immediate catalysts. Read More.
- Negative Sentiment: Oppenheimer cut its price target on INTU from $868 to $696 (still an Outperform rating). The lower target appears to have triggered selling pressure and helped accelerate the intra‑day decline. Read More.
- Negative Sentiment: Broader market fears that new AI/legal tools (e.g., from Anthropic) will disrupt software and analytics revenue models pressured names across the sector, including Intuit — a sentiment move that can widen valuation swings even when fundamentals remain solid. Read More.
Intuit Price Performance
Shares of INTU opened at $434.09 on Wednesday. The firm has a 50-day simple moving average of $617.64 and a two-hundred day simple moving average of $663.28. The stock has a market cap of $120.79 billion, a PE ratio of 29.67, a P/E/G ratio of 1.99 and a beta of 1.24. Intuit Inc. has a 1-year low of $427.26 and a 1-year high of $813.70. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39.
Intuit (NASDAQ:INTU – Get Free Report) last issued its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, topping the consensus estimate of $3.09 by $0.25. The firm had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The business’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period in the prior year, the business posted $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.
Intuit Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Friday, January 9th were paid a $1.20 dividend. The ex-dividend date of this dividend was Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. Intuit’s payout ratio is presently 32.81%.
Analysts Set New Price Targets
INTU has been the topic of several recent research reports. Daiwa Capital Markets boosted their target price on Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a research report on Sunday, January 11th. Independent Research set a $875.00 target price on Intuit in a report on Tuesday, November 18th. UBS Group set a $739.00 target price on Intuit in a research note on Tuesday, January 6th. Finally, Oppenheimer reduced their price target on Intuit from $868.00 to $696.00 and set an “outperform” rating on the stock in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $785.12.
View Our Latest Stock Report on INTU
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.
Read More
- Five stocks we like better than Intuit
- Your Bank Account Is No Longer Safe
- [No Brainer Gold Play]: “Show me a better investment.”
- This $15 Stock Could Go Down as the #1 Stock of 2026
- What a Former CIA Agent Knows About the Coming Collapse
- Ray Dalio Says Buy Gold. I Say Get Paid Every Month From It
Want to see what other hedge funds are holding INTU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuit Inc. (NASDAQ:INTU – Free Report).
Receive News & Ratings for Intuit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuit and related companies with MarketBeat.com's FREE daily email newsletter.
