Rep. Byron Donalds Sells Intuit Inc. (NASDAQ:INTU) Shares

Posted by Kim Johansen on May 20th, 2026

Representative Byron Donalds (Republican-Florida) recently sold shares of Intuit Inc. (NASDAQ:INTU). In a filing disclosed on May 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intuit stock on April 2nd. The trade occurred in the Representative’s “MORAN WEALTH IRA” account.

Representative Byron Donalds also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/2/2026.
Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 4/2/2026.
Purchased $1,001 – $15,000 in shares of Marvell Technology (NASDAQ:MRVL) on 4/2/2026.
Purchased $1,001 – $15,000 in shares of Netflix (NASDAQ:NFLX) on 3/20/2026.
Sold $1,001 – $15,000 in shares of Trade Desk (NASDAQ:TTD) on 3/20/2026.
Purchased $1,001 – $15,000 in shares of PayPal (NASDAQ:PYPL) on 3/13/2026.

Intuit Stock Down 0.9%

Shares of NASDAQ:INTU traded down $3.68 on Tuesday, reaching $399.48. The company had a trading volume of 3,187,394 shares, compared to its average volume of 3,620,414. Intuit Inc. has a twelve month low of $342.11 and a twelve month high of $813.70. The stock has a 50-day moving average price of $412.33 and a 200 day moving average price of $518.12. The stock has a market capitalization of $110.48 billion, a P/E ratio of 25.87, a P/E/G ratio of 1.58 and a beta of 1.04. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU – Get Free Report) last announced its quarterly 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. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The company had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. During the same quarter in the previous year, the firm earned $3.32 earnings per share. The business’s quarterly revenue was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, equities analysts expect that Intuit Inc. will post 17.44 EPS for the current year.

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, April 9th were given a $1.20 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.2%. Intuit’s payout ratio is currently 31.09%.

Analyst Ratings Changes

A number of brokerages have weighed in on INTU. Scotiabank set a $575.00 price target on Intuit in a research report on Friday, March 6th. Northcoast Research upgraded Intuit from a “neutral” rating to a “buy” rating and set a $575.00 price objective on the stock in a research note on Friday, March 6th. Stifel Nicolaus dropped their price objective on Intuit from $800.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Mizuho dropped their price objective on Intuit from $675.00 to $600.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Finally, KeyCorp dropped their price objective on Intuit from $750.00 to $520.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Intuit presently has a consensus rating of “Moderate Buy” and an average target price of $634.26.

Check Out Our Latest Stock Report on INTU

Insiders Place Their Bets

In other news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the transaction, the director directly owned 13,253 shares of the company’s stock, valued at $5,836,621.20. The trade was a 2.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.49% of the company’s stock.

Hedge Funds Weigh In On Intuit

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Intuit by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 28,918,438 shares of the software maker’s stock valued at $19,156,152,000 after purchasing an additional 296,448 shares in the last quarter. State Street Corp boosted its holdings in Intuit by 1.4% during the fourth quarter. State Street Corp now owns 13,062,848 shares of the software maker’s stock valued at $8,653,092,000 after purchasing an additional 180,069 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Intuit by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 6,614,539 shares of the software maker’s stock valued at $4,369,488,000 after purchasing an additional 87,451 shares in the last quarter. Morgan Stanley boosted its holdings in Intuit by 1.2% during 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 stake in Intuit during the fourth quarter valued at approximately $3,058,407,000. 83.66% of the stock is currently owned by institutional investors.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Intuit is getting a boost from a new AI expansion in QuickBooks, adding Workforce tools for payroll, hiring, and HR management. That broadens the platform beyond accounting and could support faster growth and deeper customer adoption. Intuit Expands QuickBooks With AI: Will It Accelerate Growth?
Positive Sentiment: Wall Street sentiment has improved after Intuit was upgraded to Buy, reflecting optimism about earnings prospects ahead of the company’s report. Intuit (INTU) Upgraded to Buy: Here’s What You Should Know
Positive Sentiment: Analysts are heading into Intuit’s fiscal Q3 results expecting double-digit revenue growth, with momentum in QuickBooks, TurboTax, and Credit Karma potentially setting up a favorable earnings reaction. Intuit Gears Up to Report Q3 Earnings: What’s in the Offing?
Neutral Sentiment: Investors are closely watching Intuit ahead of its May 20 earnings release, which is likely keeping trading cautious as the market waits for updated guidance. Polymarket Earnings: Will NVDA, INTU, LOW Beat Earnings Tomorrow?
Neutral Sentiment: Intuit also announced a large office lease in Bengaluru, signaling ongoing international expansion, though the move is unlikely to affect the stock immediately. Intuit takes on lease 6.3 lakh sq ft of office space at Embassy Tech Village in Bengaluru
Negative Sentiment: Despite the recent rebound in sentiment, some articles note that Intuit remains well below its yearly high, with investors still worried about growth durability and valuation after a sharp pullback. Dear Intuit Stock Fans, Mark Your Calendars for May 20
Negative Sentiment: Some commentary is also questioning whether Intuit is keeping pace in AI, which could weigh on investor confidence if the company’s AI strategy is seen as insufficient. Intuit’s massive drop is raising serious AI questions

About Representative Donalds

Byron Donalds (Republican Party) is a member of the U.S. House, representing Florida’s 19th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Donalds (Republican Party) is running for re-election to the U.S. House to represent Florida’s 19th Congressional District. He declared candidacy for the 2026 election.

Byron Donalds was born in Brooklyn, New York, and lives in Naples, Florida. Donalds earned a bachelor’s degree in finance and marketing from Florida State University in 2002. His career experience includes working as a commercial credit officer in banking and as a portfolio manager in financial services.

About Intuit

(Get Free Report)

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.