Richard Dalzell Sells 284 Shares of Intuit (NASDAQ:INTU) Stock

Intuit Inc. (NASDAQ:INTU) Director Richard Dalzell sold 284 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $282.20, for a total value of $80,144.80. Following the sale, the director directly owned 12,042 shares in the company, valued at $3,398,252.40. The trade was a 2.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intuit Trading Down 0.8%

Shares of INTU stock opened at $267.00 on Friday. The company has a market cap of $73.04 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 0.99 and a beta of 0.98. Intuit Inc. has a 1 year low of $259.23 and a 1 year high of $813.70. The stock’s 50 day simple moving average is $352.12 and its two-hundred day simple moving average is $462.59. 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 (NASDAQ:INTU) last announced its earnings results on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. The firm had revenue of $8.56 billion during the quarter, compared to analysts’ expectations of $8.54 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Research analysts predict that Intuit Inc. will post 18.18 earnings per share for the current year.

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Thursday, July 9th. Intuit’s payout ratio is presently 29.07%.

Institutional Trading of Intuit

Several institutional investors and hedge funds have recently made changes to their positions in the business. Joseph Group Capital Management bought a new stake in Intuit during the 4th quarter valued at about $25,000. Intesa Sanpaolo Wealth Management purchased a new position in shares of Intuit during the fourth quarter worth approximately $25,000. HHM Wealth Advisors LLC lifted its holdings in shares of Intuit by 75.0% in the 1st quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock worth $30,000 after buying an additional 30 shares during the period. Whipplewood Advisors LLC purchased a new stake in shares of Intuit in the 1st quarter worth $30,000. Finally, CrossGen Wealth LLC bought a new position in shares of Intuit during the 1st quarter worth $32,000. 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:

• Negative Sentiment: Stifel downgraded Intuit to Hold from Buy and cut its price target to $275 from $375, saying investors may need to brace for a lower long-term growth outlook as Intuit shifts toward more value-based pricing. Article: Stifel downgrades Intuit to Hold on growth concerns, cuts target price
• Negative Sentiment: Multiple reports say the stock has been hit by AI-related fears and broader skepticism around Intuit’s growth trajectory, adding to selling pressure. Article: Intuit Stock (INTU) Is Downgraded on Growth Concerns
• Neutral Sentiment: Intuit reported a strong quarter last month, beating earnings and revenue estimates and raising FY 2026 guidance, but that positive backdrop is being overshadowed by current valuation and growth worries.
• Neutral Sentiment: One supportive note is that Credit Karma continues to grow, with revenue up 15% to $631 million, which could help offset some concerns about the company’s overall growth mix. Article: Credit Karma Gains Traction: Can It Continue Boosting Intuit’s Growth?
• Negative Sentiment: Investor sentiment may also be dampened by a securities-fraud investigation notice and insider selling headlines, though the director sale was small and part of a pre-arranged trading plan. Article: Investor Alert: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Intuit, Inc. – INTU

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Royal Bank Of Canada reduced their target price on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Erste Group Bank upgraded shares of Intuit to a “hold” rating in a report on Monday, April 27th. Mizuho reduced their price objective on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 26th. Bank of America assumed coverage on shares of Intuit in a research note on Wednesday, May 27th. They issued a “buy” rating and a $400.00 price objective for the company. Finally, JPMorgan Chase & Co. dropped their target price on Intuit from $750.00 to $605.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Twenty-three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $511.35.

About Intuit

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.