Napean Trading & Investment Co Singapore PTE Ltd Makes New $10.40 Million Investment in Intuit Inc. $INTU

Napean Trading & Investment Co Singapore PTE Ltd purchased a new stake in Intuit Inc. (NASDAQ:INTU) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 13,203 shares of the software maker’s stock, valued at approximately $10,399,000. Intuit accounts for 2.8% of Napean Trading & Investment Co Singapore PTE Ltd’s investment portfolio, making the stock its 12th biggest holding.

A number of other hedge funds also recently made changes to their positions in the business. Brighton Jones LLC raised its stake in Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after acquiring an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after purchasing an additional 482 shares during the period. Wealth Group Ltd. bought a new stake in shares of Intuit in the 1st quarter worth $493,000. Nicholas Hoffman & Company LLC. acquired a new stake in shares of Intuit in the first quarter valued at $785,564,000. Finally, Csenge Advisory Group lifted its holdings in shares of Intuit by 4.1% in the first quarter. Csenge Advisory Group now owns 987 shares of the software maker’s stock valued at $578,000 after buying an additional 39 shares during the period. Institutional investors own 83.66% of the company’s stock.

Insiders Place Their Bets

In other news, Director Scott D. Cook sold 529 shares of the firm’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $664.99, for a total value of $351,779.71. Following the completion of the sale, the director owned 6,162,547 shares of the company’s stock, valued at $4,098,032,129.53. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Sandeep Aujla sold 1,170 shares of Intuit stock in a transaction on Friday, October 3rd. The shares were sold at an average price of $677.06, for a total value of $792,160.20. Following the transaction, the chief financial officer owned 1,295 shares in the company, valued at $876,792.70. This represents a 47.46% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 2,407 shares of company stock worth $1,614,913. Corporate insiders own 2.68% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Stifel Nicolaus lowered their target price on Intuit from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. UBS Group reduced their price objective on shares of Intuit from $750.00 to $725.00 and set a “neutral” rating for the company in a research report on Friday, August 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $850.00 target price on shares of Intuit in a report on Tuesday, September 2nd. KeyCorp cut their target price on shares of Intuit from $850.00 to $825.00 and set an “overweight” rating for the company in a research note on Friday, August 22nd. Finally, Wall Street Zen upgraded shares of Intuit from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Intuit currently has an average rating of “Moderate Buy” and an average target price of $799.35.

Intuit Price Performance

INTU stock opened at $649.73 on Wednesday. Intuit Inc. has a one year low of $532.65 and a one year high of $813.70. The firm has a 50-day moving average of $666.53 and a two-hundred day moving average of $707.46. The firm has a market capitalization of $181.15 billion, a PE ratio of 47.29, a P/E/G ratio of 2.53 and a beta of 1.25. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.30.

Intuit (NASDAQ:INTU) last announced its earnings results on Thursday, August 21st. The software maker reported $2.75 EPS for the quarter, topping the consensus estimate of $2.66 by $0.09. Intuit had a net margin of 20.55% and a return on equity of 22.72%. The company had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same period last year, the company posted $1.99 earnings per share. The business’s revenue for the quarter was up 20.3% on a year-over-year basis. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. On average, analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Profile

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.