Intuit Inc. $INTU Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC trimmed its holdings in Intuit Inc. (NASDAQ:INTU) by 55.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,434 shares of the software maker’s stock after selling 3,049 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Intuit were worth $671,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. BlackRock Inc. acquired a new position in Intuit during the second quarter worth about $6,851,859,000. Arrowstreet Capital Limited Partnership raised its holdings in Intuit by 102.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,896,561 shares of the software maker’s stock valued at $1,684,795,000 after acquiring an additional 1,972,719 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Intuit by 6.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,334,328 shares of the software maker’s stock valued at $870,260,000 after acquiring an additional 215,814 shares during the last quarter. Unisphere Establishment lifted its stake in Intuit by 6.5% in the 1st quarter. Unisphere Establishment now owns 1,810,000 shares of the software maker’s stock worth $782,608,000 after purchasing an additional 110,000 shares in the last quarter. Finally, Amundi lifted its stake in Intuit by 44.9% in the 1st quarter. Amundi now owns 1,563,158 shares of the software maker’s stock worth $675,878,000 after purchasing an additional 484,602 shares in the last quarter. 83.66% of the stock is owned by hedge funds and other institutional investors.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit Ventures participated in Coast’s $35 million growth-equity financing. The investment expands Intuit’s exposure to a financial platform serving small and mid-sized physical-economy businesses and could support future ecosystem opportunities. Coast Raises $35 Million to Build the Financial Platform for the Physical Economy
• Positive Sentiment: Intuit introduced a free, AI-powered federal tax-filing service through Credit Karma Tax, featuring error checks, refund optimization and real-time assistance. The product may increase customer engagement, although monetization and execution remain key questions. Intuit Rolls Out Free Federal AI Tax Filing
• Positive Sentiment: A bullish investment thesis highlights Intuit’s approximately 81% gross margin, substantial free-cash-flow generation and comparatively lower forward valuation as potential support for a rebound. These arguments may attract value-oriented investors after the stock’s recent decline. Intuit vs. PayPal and XYZ
• Neutral Sentiment: Intuit joined Wells Fargo and Arm in objecting to the unauthorized tokenization of their shares on OKX. The dispute concerns trading and regulatory rights rather than Intuit’s operations, so the direct earnings impact is likely limited. Companies Rejecting Tokenized Shares on OKX
• Negative Sentiment: Broyhill Asset Management disclosed that it was moving from Intuit to Microsoft, reflecting concerns about software quality or relative investment appeal. One manager’s decision is not a fundamental downgrade, but it can reinforce negative sentiment toward INTU. Broyhill Moves from Intuit to Microsoft
• Negative Sentiment: Analyst commentary has cited softer results, competitive pressure, AI-related execution risks and the stock’s underperformance as reasons to sell. This weighs on confidence despite Intuit’s latest earnings beat and double-digit revenue growth. 3 Reasons to Sell INTU

Insider Buying and Selling at Intuit

In other Intuit news, Director Richard L. Dalzell sold 285 shares of Intuit stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total value of $92,727.60. Following the sale, the director owned 11,531 shares in the company, valued at $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the transaction, the chief accounting officer directly owned 1,628 shares in the company, valued at approximately $564,167.12. This trade represents a 35.78% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.49% of the stock is owned by company insiders.

Intuit Price Performance

Shares of INTU stock opened at $343.39 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 1.51. The company has a market capitalization of $91.77 billion, a PE ratio of 20.81, a price-to-earnings-growth ratio of 1.17 and a beta of 1.01. The firm’s 50-day moving average is $320.86 and its two-hundred day moving average is $325.56. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $689.17.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, beating the consensus estimate of $3.58 by $0.45. The business had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.27 billion. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The business’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.75 EPS. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Analysts predict that Intuit Inc. will post 23.02 earnings per share for the current year.

Intuit Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, October 8th were given a $1.38 dividend. The ex-dividend date was Thursday, October 8th. This is a positive change from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 annualized dividend and a yield of 1.6%. Intuit’s dividend payout ratio (DPR) is currently 33.45%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on INTU shares. Stifel Nicolaus restated a “hold” rating and set a $300.00 target price on shares of Intuit in a report on Friday, September 18th. UBS Group reaffirmed a “neutral” rating on shares of Intuit in a report on Friday, September 18th. Susquehanna cut their price target on Intuit from $427.00 to $415.00 and set a “positive” rating for the company in a report on Wednesday, August 26th. Truist Financial reiterated a “hold” rating and set a $300.00 price objective on shares of Intuit in a research report on Friday, September 18th. Finally, Bank of America lowered Intuit from a “buy” rating to a “neutral” rating and set a $360.00 price objective on the stock. in a research note on Wednesday, August 26th. Sixteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Intuit currently has an average rating of “Hold” and an average target price of $431.55.

Intuit Profile

Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.

The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.