Richard Dalzell Sells 333 Shares of Intuit (NASDAQ:INTU) Stock

Intuit Inc. (NASDAQ:INTU) Director Richard Dalzell sold 333 shares of Intuit stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $297.65, for a total value of $99,117.45. Following the transaction, the director owned 12,997 shares of the company’s stock, valued at $3,868,557.05. This represents a 2.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intuit Trading Down 0.1%

Shares of Intuit stock opened at $276.73 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. Intuit Inc. has a 1 year low of $268.01 and a 1 year high of $813.70. The company has a market capitalization of $75.70 billion, a P/E ratio of 16.76, a P/E/G ratio of 1.02 and a beta of 0.98. The business has a 50 day moving average price of $363.60 and a 200 day moving average price of $474.00.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same period in the previous year, the firm posted $11.65 EPS. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Sell-side analysts anticipate that Intuit Inc. will post 18.18 EPS for the current fiscal year.

Intuit Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Thursday, July 9th. Intuit’s payout ratio is currently 29.07%.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit recently raised $1.75 billion through a senior notes offering, which strengthens liquidity and gives the company more financial flexibility. Intuit Raises $1.75 Billion Through Senior Notes Offering
• Positive Sentiment: Recent commentary points to solid underlying business trends, including 19% revenue growth in online business solutions, which supports the bull case after the stock’s sharp decline. Intuit reports strong 19% revenue growth in online business solutions
• Neutral Sentiment: Intuit launched new QuickBooks Payroll tools and services in the UK, a product update that supports the long-term growth story but is not likely to move the stock much in the near term. Intuit launches new QuickBooks Payroll tools and services to help UK businesses pay their teams with confidence
• Neutral Sentiment: Intuit’s Q3 2026 earnings call transcript attracted attention, but it does not appear to add materially new information beyond the recently reported results and guidance. Intuit Reports Q3 2026 Results: Full Earnings Call Transcript
• Negative Sentiment: Director Richard L. Dalzell sold shares in recent transactions, and while the trades were made under a 10b5-1 plan, insider selling can still weigh on sentiment. Richard L. Dalzell insider transactions
• Negative Sentiment: Multiple investor-alert and law-firm investigations into Intuit’s pricing practices and possible securities issues are creating legal overhang and may be pressuring the shares. Investor alert: Pomerantz investigates claims on behalf of investors of Intuit
• Negative Sentiment: Commentary also highlights investor concern about AI monetization and competitive disruption, reinforcing worries behind the recent weakness in INTU. Intuit slid amid market skepticism over AI monetization and disruption

Institutional Trading of Intuit

Several institutional investors have recently made changes to their positions in INTU. Bank of New York Mellon Corp raised its position in shares of Intuit by 20.3% in the 4th quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock worth $1,848,954,000 after buying an additional 471,451 shares during the period. Vestcor Inc boosted its position in Intuit by 79.1% during the 4th quarter. Vestcor Inc now owns 20,717 shares of the software maker’s stock worth $13,723,000 after purchasing an additional 9,148 shares during the period. NEOS Investment Management LLC boosted its position in Intuit by 63.8% during the 3rd quarter. NEOS Investment Management LLC now owns 121,516 shares of the software maker’s stock worth $82,984,000 after purchasing an additional 47,330 shares during the period. Varma Mutual Pension Insurance Co boosted its position in Intuit by 8.7% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 45,058 shares of the software maker’s stock worth $30,771,000 after purchasing an additional 3,600 shares during the period. Finally, Crossmark Global Holdings Inc. boosted its position in Intuit by 15.8% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock worth $32,526,000 after purchasing an additional 6,503 shares during the period. 83.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Guggenheim set a $633.00 target price on shares of Intuit in a research note on Monday, March 16th. Daiwa Securities Group lowered their target price on shares of Intuit from $640.00 to $500.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Argus lowered their target price on shares of Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a research note on Friday, May 22nd. Jefferies Financial Group lowered their target price on shares of Intuit from $650.00 to $550.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Finally, Citigroup lowered their target price on shares of Intuit from $649.00 to $591.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Twenty-four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $514.58.

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.