Intuit (NASDAQ:INTU) Director Richard Dalzell Sells 284 Shares

Intuit Inc. (NASDAQ:INTU) Director Richard Dalzell sold 284 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total value of $74,498.88. Following the completion of the transaction, the director directly owned 11,758 shares in the company, valued at approximately $3,084,358.56. This represents a 2.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intuit Trading Up 1.6%

Intuit stock opened at $262.08 on Thursday. The business has a 50-day simple moving average of $343.59 and a two-hundred day simple moving average of $451.79. The company has a market cap of $71.69 billion, a P/E ratio of 15.87, a P/E/G ratio of 0.95 and a beta of 0.98. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $813.70. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, beating the consensus estimate of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The firm had revenue of $8.56 billion during the quarter, compared to analyst estimates of $8.54 billion. During the same quarter in the prior year, the firm earned $11.65 EPS. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Analysts predict that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be given a $1.20 dividend. The ex-dividend date is Thursday, July 9th. This represents a $4.80 annualized dividend and a yield of 1.8%. Intuit’s dividend payout ratio (DPR) is presently 29.07%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Barclays reduced their price objective on Intuit from $540.00 to $443.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. JPMorgan Chase & Co. lowered their target price on Intuit from $750.00 to $605.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. TD Cowen cut their price target on Intuit from $576.00 to $504.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Northcoast Research reduced their price target on Intuit from $575.00 to $465.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Finally, Mizuho decreased their price objective on Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 26th. Twenty-three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Intuit currently has an average rating of “Moderate Buy” and an average price target of $511.35.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit is scheduled to highlight its rebuilt AI infrastructure at VB Transform 2026, signaling continued investment in faster, more scalable AI capabilities that could support future product growth. Intuit will show off how it rebuilt its AI infrastructure to support fast and complex tasks at VB Transform 2026
• Positive Sentiment: Some market commentary points to Intuit as a large-cap tech name that benefited from falling Treasury yields, which can make growth stocks more attractive on a valuation basis. Sprout Social, Intuit, and PagerDuty Shares Skyrocket, What You Need To Know
• Positive Sentiment: Analyst coverage remains supportive overall, with consensus still calling Intuit a “Moderate Buy,” which may help limit downside despite recent volatility. Intuit Inc. Receives Consensus Rating of Moderate Buy from Analysts
• Neutral Sentiment: Management comments aimed at accountants, including “you are the customer, not a channel,” suggest Intuit is trying to strengthen partner relationships, but the direct stock impact is unclear. Intuit CEO to accountants: You are the customer, not a channel
• Negative Sentiment: Investor concern increased after reports of pricing issues and a large stock decline, prompting a securities-fraud investigation notice that could keep pressure on shares. INTU Stock News: Intuit Stock Dropped 20% after Pricing Issues Disclosed
• Negative Sentiment: Another law firm is investigating claims on behalf of Intuit investors, adding to legal overhang and uncertainty around the stock. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Intuit, Inc. – INTU
• Negative Sentiment: Stifel downgraded Intuit to Hold from Buy and cut its price target, citing expectations that management may lower near- to medium-term growth guidance. Is Intuit (INTU) One of the Best Big Tech Stocks to Buy According to Wall Street Analysts?
• Negative Sentiment: Director Richard L. Dalzell sold a small block of shares under a pre-arranged trading plan, which is usually neutral, but it can add to negative sentiment when shares are already under pressure. Intuit director stock sale

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Rakuten Investment Management Inc. grew its stake in Intuit by 522.3% during the fourth quarter. Rakuten Investment Management Inc. now owns 51,697 shares of the software maker’s stock valued at $34,852,000 after acquiring an additional 43,389 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Intuit by 20.3% in 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 in the last quarter. Vestcor Inc lifted its stake in Intuit by 79.1% in 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 in the last quarter. O Shaughnessy Asset Management LLC boosted its holdings in shares of Intuit by 13.2% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 59,974 shares of the software maker’s stock valued at $39,728,000 after purchasing an additional 6,999 shares during the last quarter. Finally, Crossmark Global Holdings Inc. grew its position in shares of Intuit by 15.8% during the third quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock valued at $32,526,000 after purchasing an additional 6,503 shares in the last quarter. Institutional investors own 83.66% of the company’s stock.

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.