Jefferies Financial Group Inc. Sells 71,954 Shares of Intuit Inc. $INTU

Jefferies Financial Group Inc. lessened its position in Intuit Inc. (NASDAQ:INTU) by 97.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,113 shares of the software maker’s stock after selling 71,954 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Intuit were worth $1,443,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Intuit in the second quarter valued at approximately $3,268,830,000. Nicholas Hoffman & Company LLC. acquired a new position in Intuit during the first quarter worth $785,564,000. Winslow Capital Management LLC acquired a new position in Intuit during the second quarter worth $782,677,000. Vanguard Group Inc. grew its position in Intuit by 3.3% in the third quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock valued at $19,546,243,000 after purchasing an additional 914,024 shares in the last quarter. Finally, Swedbank AB grew its position in Intuit by 575.4% in the third quarter. Swedbank AB now owns 881,555 shares of the software maker’s stock valued at $602,023,000 after purchasing an additional 751,027 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Insider Activity

In other news, Director Scott D. Cook sold 1,402 shares of the business’s stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total value of $936,564.04. Following the completion of the sale, the director owned 5,668,182 shares of the company’s stock, valued at approximately $3,786,458,939.64. The trade was a 0.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the company’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the completion of the transaction, the chief executive officer owned 13,611 shares in the company, valued at $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 119,835 shares of company stock valued at $79,679,393. 2.49% of the stock is owned by company insiders.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Jim Cramer publicly urged investors to “stick with” Intuit, reiterating confidence after management’s recent appearance and strong quarterly results. Jim Cramer on Intuit: “You Stick With That One, It’s Going to Go Higher”
• Positive Sentiment: Rothschild & Co Redburn upgraded Intuit from Neutral to Buy and raised its price target, citing resilience of core software versus AI disruption — a vote of confidence from a sell‑side shop. Redburn upgrades Intuit saying core software resilient to AI disruption
• Positive Sentiment: Coverage of Q4 earnings places Intuit among outperformers in the finance/HR software cohort — highlighting the company’s revenue and EPS beat and continued product adoption. Q4 Earnings Outperformers: Intuit And The Rest Of The Finance and HR Software Stocks
• Neutral Sentiment: Analyst fair‑value estimates have been trimmed (recent notes move mid‑range targets into ~$500–$600), reflecting elevated AI risk and tax‑season exposure; this is a valuation re‑balancing rather than a change to the growth story. How The Intuit (INTU) Investment Story Is Shifting With AI Risks And Lower Targets
• Neutral Sentiment: Short interest fell ~19.5% in February to ~6.69M shares (≈2.5% of float), lowering days‑to‑cover — a technical datapoint that can reduce short‑squeeze risk. (No link)
• Negative Sentiment: Opinion pieces and technical studies warn Intuit faces structural/technical trouble after a >50% decline since July 2025, flagging potential further downside if the chart pattern and momentum don’t stabilize. Intuit Stock Faces Structural Trouble Despite Optimistic Calls
• Negative Sentiment: Coverage from The Motley Fool highlights AI uncertainty and valuation risk despite solid underlying growth, cautioning investors to expect continued volatility. Intuit Stock Has Been Crushed This Year. How Much Further Could It Fall?
• Negative Sentiment: Market commentary points to investor re‑pricing tied to Intuit’s tax‑season quarter guidance and planned higher customer‑acquisition/service spend; combined with heavy insider selling and notable institutional position reductions, this raises near‑term sentiment risk. Intuit slides as investors focus on tax-season outlook and spending plans

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Susquehanna cut their price target on shares of Intuit from $819.00 to $720.00 and set a “positive” rating on the stock in a research report on Tuesday, February 24th. Barclays lowered their target price on Intuit from $785.00 to $540.00 and set an “overweight” rating on the stock in a research report on Monday, February 23rd. BMO Capital Markets dropped their target price on Intuit from $624.00 to $550.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. Northcoast Research raised Intuit from a “neutral” rating to a “buy” rating and set a $575.00 price target for the company in a research report on Friday, March 6th. Finally, Jefferies Financial Group set a $650.00 price target on Intuit in a research note on Sunday, February 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Intuit presently has a consensus rating of “Moderate Buy” and a consensus target price of $643.29.

Intuit Trading Down 3.0%

Shares of NASDAQ:INTU opened at $440.45 on Thursday. Intuit Inc. has a 12-month low of $349.00 and a 12-month high of $813.70. The business has a 50 day moving average of $490.65 and a 200-day moving average of $603.35. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. The stock has a market cap of $121.81 billion, a PE ratio of 28.53, a P/E/G ratio of 1.82 and a beta of 1.26.

Intuit (NASDAQ:INTU) last announced its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. The company had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The firm’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same quarter last year, the company earned $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, equities research analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Dividend Announcement

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

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.