Intuit (NASDAQ:INTU) Shares Unloaded Rep. Rick W. Allen

Representative Rick W. Allen (Republican-Georgia) recently sold shares of Intuit Inc. (NASDAQ:INTU). In a filing disclosed on March 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intuit stock on February 19th. The trade occurred in the Representative’s “LIVTR” account.

Representative Rick W. Allen also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/19/2026.
• Purchased $1,001 – $15,000 in shares of Kinder Morgan (NYSE:KMI) on 2/19/2026.
• Sold $15,001 – $50,000 in shares of Intuit (NASDAQ:INTU) on 2/18/2026.
• Sold $15,001 – $50,000 in shares of Paychex (NASDAQ:PAYX) on 1/14/2026.
• Sold $50,001 – $100,000 in shares of American Water Works (NYSE:AWK) on 1/14/2026.
• Purchased $15,001 – $50,000 in shares of S&P Global (NYSE:SPGI) on 1/14/2026.
• Purchased $15,001 – $50,000 in shares of Ferguson (NYSE:FERG) on 12/12/2025.
• Sold $1,001 – $15,000 in shares of Netflix (NASDAQ:NFLX) on 12/12/2025.

Intuit Stock Up 1.3%

NASDAQ INTU traded up $5.73 during trading on Thursday, hitting $452.52. The stock had a trading volume of 1,462,982 shares, compared to its average volume of 4,099,826. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. Intuit Inc. has a 12 month low of $349.00 and a 12 month high of $813.70. The company has a market capitalization of $125.14 billion, a PE ratio of 29.29, a P/E/G ratio of 1.85 and a beta of 1.26. The company’s 50-day moving average price is $470.83 and its two-hundred day moving average price is $595.79.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, beating 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 return on equity of 24.23% and a net margin of 21.57%.The business’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.32 earnings per share. 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 forecast that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

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

Analyst Ratings Changes

INTU has been the subject of a number of analyst reports. UBS Group reduced their target price on Intuit from $725.00 to $440.00 and set a “neutral” rating on the stock in a report on Friday, February 27th. KeyCorp cut their price objective on shares of Intuit from $750.00 to $520.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Guggenheim set a $633.00 price objective on shares of Intuit in a research note on Monday. Rothschild & Co Redburn upgraded shares of Intuit from a “neutral” rating to a “buy” rating and boosted their target price for the company from $670.00 to $700.00 in a research report on Tuesday, March 10th. Finally, Royal Bank Of Canada cut their price target on shares of Intuit from $850.00 to $600.00 and set an “outperform” rating for the company in a report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $638.06.

Hedge Funds Weigh In On Intuit

Several hedge funds and other institutional investors have recently bought and sold shares of INTU. Vanguard Group Inc. increased its stake in shares of Intuit by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker’s stock valued at $19,156,152,000 after acquiring an additional 296,448 shares in the last quarter. State Street Corp grew its holdings in Intuit by 1.4% in the fourth quarter. State Street Corp now owns 13,062,848 shares of the software maker’s stock worth $8,653,092,000 after purchasing an additional 180,069 shares during the period. Geode Capital Management LLC grew its holdings in Intuit by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 6,614,539 shares of the software maker’s stock worth $4,369,488,000 after purchasing an additional 87,451 shares during the period. Morgan Stanley increased its stake in Intuit by 1.2% in the fourth quarter. Morgan Stanley now owns 5,100,857 shares of the software maker’s stock valued at $3,378,912,000 after purchasing an additional 60,910 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Intuit during the fourth quarter valued at about $3,058,407,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Morgan Stanley designated Intuit as a Top Pick, lifting investor enthusiasm and helping justify stronger near‑term multiple expansion. Intuit stock rises after Morgan Stanley Top Pick designation
• Positive Sentiment: Morgan Stanley says Intuit’s fiscal Q3 results could be a key catalyst by improving tax‑season revenue visibility — a near‑term earnings trigger for the stock. Intuit Fiscal Q3 Seen as Catalyst for Tax-Season Visibility, Growth, Morgan Stanley Says
• Positive Sentiment: Management moved to halt planned insider stock sales and has stepped up share buybacks — a clear signal of confidence and a direct support to EPS and shareholder returns. Intuit steps up share buybacks as leadership halts planned stock sales
• Positive Sentiment: Analyst sentiment is broadly positive — BNP Paribas Exane upgraded INTU and several media pieces show analysts recommending buy, which supports demand from discretionary institutional flows. Intuit (NASDAQ:INTU) Stock Rating Upgraded by BNP Paribas Exane
• Positive Sentiment: INTU appears on lists of “sales‑growth” names (with DECK and FDS), reinforcing its narrative as a durable growth software pick amid macro uncertainty. 3 Sales‑Growth Stocks to Bet on Despite Geopolitical Conflicts
• Neutral Sentiment: CEO Sasan Goodarzi gave interviews addressing the canceled insider sales and broader strategy — useful for investors wanting management’s rationale but not an immediate earnings surprise. Watch CNBC’s full interview with Intuit CEO Sasan Goodarzi Intuit CEO Sasan Goodarzi on canceled insider stock sales
• Negative Sentiment: Intuit’s accelerated QuickBooks Desktop exit is testing customer loyalty; competitors (e.g., Xero) are actively courting Desktop users, which creates a retention and conversion risk for small‑business revenue. Intuit Desktop Exit Tests Customer Loyalty As Rivals Court QuickBooks Users

Insider Transactions at Intuit

In related news, CEO Sasan K. Goodarzi sold 41,000 shares of the 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 transaction, the chief executive officer directly owned 13,611 shares in the company, valued at $8,848,511.10. This trade represents a 75.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the sale, the director owned 13,253 shares of the company’s stock, valued at $5,836,621.20. This trade represents a 2.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 120,501 shares of company stock worth $79,983,892. 2.49% of the stock is currently owned by insiders.

About Representative Allen

Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia’s 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia’s 12th Congressional District. He won in the general election on November 5, 2024.

Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction.

After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.

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.