Intuit Inc. $INTU Shares Purchased by Moore Capital Management LP

Moore Capital Management LP increased its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 8,335.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 55,840 shares of the software maker’s stock after purchasing an additional 55,178 shares during the period. Moore Capital Management LP’s holdings in Intuit were worth $14,574,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Rakuten Investment Management Inc. increased its holdings in shares of Intuit by 522.3% in the 4th quarter. Rakuten Investment Management Inc. now owns 51,697 shares of the software maker’s stock valued at $34,852,000 after purchasing an additional 43,389 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Intuit by 20.3% during the 4th quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock worth $1,848,954,000 after purchasing an additional 471,451 shares during the last quarter. Vestcor Inc boosted its stake in shares of Intuit by 79.1% during the 4th quarter. Vestcor Inc now owns 20,717 shares of the software maker’s stock worth $13,723,000 after purchasing an additional 9,148 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Intuit by 119.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 86,618 shares of the software maker’s stock worth $37,452,000 after purchasing an additional 47,148 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its position in shares of Intuit by 13.2% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 59,974 shares of the software maker’s stock worth $39,728,000 after acquiring an additional 6,999 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Analyst Ratings Changes

INTU has been the topic of a number of recent research reports. Northcoast Research reduced their price target on shares of Intuit from $575.00 to $465.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Citigroup lowered their target price on shares of Intuit from $591.00 to $457.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. Jefferies Financial Group lowered their price target on shares of Intuit from $550.00 to $500.00 and set a “buy” rating for the company in a research report on Sunday, August 23rd. Daiwa Securities Group reduced their price objective on shares of Intuit from $640.00 to $500.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Finally, Weiss Ratings downgraded shares of Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, June 11th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $434.68.

Insider Activity at Intuit

In related news, Director Richard L. Dalzell sold 338 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the completion of the transaction, the director directly owned 12,326 shares in the company, valued at approximately $3,449,554.36. The trade was a 2.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the transaction, the chief accounting officer owned 1,628 shares of the company’s stock, valued at $564,167.12. This represents a 35.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 2,146 shares of company stock valued at $662,666 over the last quarter. 2.49% of the stock is owned by insiders.

Intuit Price Performance

NASDAQ:INTU traded up $1.45 during mid-day trading on Monday, hitting $359.51. The company’s stock had a trading volume of 1,842,109 shares, compared to its average volume of 4,382,581. Intuit Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $705.08. The company has a current ratio of 1.51, a quick ratio of 1.45 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $98.34 billion, a price-to-earnings ratio of 21.79, a P/E/G ratio of 0.92 and a beta of 0.97. The stock has a fifty day moving average of $307.36 and a 200-day moving average of $356.13.

Intuit (NASDAQ:INTU) last announced its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, beating analysts’ consensus estimates of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The company had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. During the same period last year, the company posted $2.75 earnings per share. The firm’s quarterly revenue was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, equities analysts forecast that Intuit Inc. will post 23.07 EPS for the current fiscal year.

Intuit Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Thursday, October 8th. This is an increase from Intuit’s previous quarterly dividend of $1.20. Intuit’s dividend payout ratio is presently 33.45%.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a partnership with Perplexity to integrate QuickBooks and Mailchimp into Perplexity Computer, an agentic AI assistant. The collaboration could help users move from discovering information to receiving personalized insights and taking actions within Intuit’s software ecosystem. Intuit and Perplexity Team on AI Integrations
• Positive Sentiment: Recent AI-powered product enhancements for mid-market financial management support Intuit’s strategy of using automation and data-driven insights to expand the value of its QuickBooks platform. Intuit unveils AI-powered innovations for mid-market financial management
• Positive Sentiment: A comparison with PayPal argues that Intuit’s broad financial-software ecosystem, recurring customer relationships and AI investments provide a strong foundation for future growth. Intuit or PayPal: Which Fintech Is Built for Future Growth?
• Neutral Sentiment: Analyst commentary notes that INTU has significantly underperformed the Nasdaq over the past year, but expectations for its future remain cautiously positive. Other coverage highlights Intuit’s profitability and market leadership while comparing it with higher-risk AI software companies. Is Intuit Stock Underperforming the Nasdaq?
• Negative Sentiment: Several law firms publicized a securities class action and a September 8 lead-plaintiff deadline involving investors who purchased Intuit shares between February 25, 2025, and June 1, 2026. The notices cite a reassessment of TurboTax’s growth outlook and add legal and reputational uncertainty, although the allegations have not been proven. Intuit Inc. Securities Fraud Lawsuit Deadline
• Negative Sentiment: An Intuit executive sold 906 shares worth approximately $314,000, representing 36% of the executive’s direct holdings before the transaction. While the sale may be routine, its timing can weigh on sentiment amid the stock’s recent decline. An Intuit Executive Sells Over a Third of Their Direct Holdings

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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.