Intuit (NASDAQ:INTU) CFO Sandeep Aujla Sells 42 Shares

Intuit Inc. (NASDAQ:INTU) CFO Sandeep Aujla sold 42 shares of the stock in a transaction on Monday, August 25th. The shares were sold at an average price of $664.99, for a total value of $27,929.58. Following the completion of the transaction, the chief financial officer directly owned 831 shares in the company, valued at $552,606.69. This trade represents a 4.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Sandeep Aujla also recently made the following trade(s):

• On Thursday, July 3rd, Sandeep Aujla sold 2,591 shares of Intuit stock. The shares were sold at an average price of $782.22, for a total value of $2,026,732.02.
• On Wednesday, July 2nd, Sandeep Aujla sold 1,618 shares of Intuit stock. The shares were sold at an average price of $773.90, for a total value of $1,252,170.20.

Intuit Stock Up 0.4%

NASDAQ:INTU traded up $2.58 during trading hours on Tuesday, hitting $659.54. The company’s stock had a trading volume of 3,762,506 shares, compared to its average volume of 1,823,597. The stock has a market capitalization of $183.98 billion, a P/E ratio of 48.00, a price-to-earnings-growth ratio of 2.55 and a beta of 1.28. The stock has a fifty day moving average of $754.86 and a 200-day moving average of $676.08. The company has a current ratio of 1.36, a quick ratio of 1.45 and a debt-to-equity ratio of 0.30. Intuit Inc. has a 52-week low of $532.65 and a 52-week high of $813.70.

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

Intuit Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, October 9th will be issued a dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, October 9th. This is a positive change from Intuit’s previous quarterly dividend of $1.04. This represents a $4.80 annualized dividend and a dividend yield of 0.7%. Intuit’s dividend payout ratio is 30.28%.

Institutional Investors Weigh In On Intuit

Hedge funds have recently added to or reduced their stakes in the company. Tortoise Investment Management LLC boosted its stake in shares of Intuit by 540.0% during the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after acquiring an additional 27 shares in the last quarter. Westside Investment Management Inc. raised its holdings in Intuit by 161.5% in the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after acquiring an additional 21 shares during the last quarter. Dogwood Wealth Management LLC increased its holdings in shares of Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock worth $28,000 after buying an additional 19 shares during the last quarter. Sagard Holdings Management Inc. acquired a new stake in shares of Intuit during the 2nd quarter worth $28,000. Finally, True Wealth Design LLC increased its holdings in shares of Intuit by 270.0% during the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after buying an additional 27 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on INTU shares. Citigroup dropped their price objective on Intuit from $815.00 to $803.00 and set a “buy” rating on the stock in a report on Friday. Wall Street Zen raised Intuit from a “hold” rating to a “buy” rating in a report on Tuesday, April 29th. Wells Fargo & Company set a $880.00 price target on Intuit and gave the stock an “overweight” rating in a report on Friday, June 13th. Barclays lowered their price target on Intuit from $815.00 to $785.00 and set an “overweight” rating on the stock in a report on Friday. Finally, Zacks Research lowered Intuit from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $797.62.

Intuit Company 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.