Swiss National Bank Sells 40,100 Shares of Intuit Inc. $INTU

Swiss National Bank decreased its holdings in Intuit Inc. (NASDAQ:INTU) by 5.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 764,000 shares of the software maker’s stock after selling 40,100 shares during the period. Swiss National Bank’s holdings in Intuit were worth $506,089,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Principal Securities Inc. grew its stake in shares of Intuit by 12.5% in the fourth quarter. Principal Securities Inc. now owns 6,230 shares of the software maker’s stock worth $4,127,000 after purchasing an additional 693 shares during the last quarter. Aviva PLC grew its stake in shares of Intuit by 5.4% in the fourth quarter. Aviva PLC now owns 237,625 shares of the software maker’s stock worth $157,408,000 after purchasing an additional 12,191 shares during the last quarter. Caerus Investment Advisors LLC grew its stake in shares of Intuit by 16.5% in the fourth quarter. Caerus Investment Advisors LLC now owns 445 shares of the software maker’s stock worth $295,000 after purchasing an additional 63 shares during the last quarter. Logan Capital Management Inc. grew its stake in shares of Intuit by 4.8% in the fourth quarter. Logan Capital Management Inc. now owns 5,591 shares of the software maker’s stock worth $3,704,000 after purchasing an additional 257 shares during the last quarter. Finally, Kovack Advisors Inc. grew its stake in shares of Intuit by 21.1% in the fourth quarter. Kovack Advisors Inc. now owns 477 shares of the software maker’s stock worth $316,000 after purchasing an additional 83 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit said it raised $1.75 billion through a senior notes offering, which strengthens liquidity and gives the company more flexibility for capital needs. Intuit Raises $1.75 Billion Through Senior Notes Offering
• Positive Sentiment: Coverage and commentary continue to point to solid fundamentals, including strong revenue growth in online business solutions and articles arguing the stock may now be a value opportunity after its selloff. 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 growth story but is not likely to move the stock sharply on its own. Intuit launches new QuickBooks Payroll tools and services to help UK businesses pay their teams with confidence
• Neutral Sentiment: Intuit’s quarterly earnings call transcript drew attention, but the provided item does not add new details beyond the recent results and guidance already known to investors. Intuit Reports Q3 2026 Results: Full Earnings Call Transcript
• Negative Sentiment: Two insider sales by director Richard L. Dalzell, both done under a pre-arranged 10b5-1 plan, can still weigh on sentiment because investors often view insider selling as a caution signal. Richard L. Dalzell insider transactions
• Negative Sentiment: Multiple reports highlighted an ongoing investigation and investor-alert activity tied to Intuit’s pricing practices, which may be pressuring the stock as legal and regulatory overhang. Investor alert: Pomerantz investigates claims on behalf of investors of Intuit
• Negative Sentiment: Commentary also continued to focus on skepticism around AI monetization, competitive disruption, and the impact of new debt and cost-cutting efforts, reinforcing concerns behind the recent stock decline. Intuit slid amid market skepticism over AI monetization and disruption

Insider Activity

In related news, Director Vasant M. Prabhu acquired 1,250 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were purchased at an average price of $309.45 per share, for a total transaction of $386,812.50. Following the completion of the acquisition, the director owned 1,250 shares of the company’s stock, valued at approximately $386,812.50. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard L. Dalzell sold 338 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $279.86, for a total transaction of $94,592.68. Following the transaction, the director owned 12,326 shares in the company, valued at $3,449,554.36. This represents a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.49% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently weighed in on INTU shares. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Intuit from $600.00 to $530.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Royal Bank Of Canada cut their price target on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. Argus cut their price target on shares of Intuit from $580.00 to $480.00 and set a “buy” rating on the stock in a research report on Friday, May 22nd. TD Cowen cut their price target on shares of Intuit from $576.00 to $504.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Finally, Rothschild & Co Redburn cut their price target on shares of Intuit from $700.00 to $600.00 and set a “buy” rating on the stock in a research report on Tuesday, June 2nd. Twenty-four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Intuit presently has a consensus rating of “Moderate Buy” and a consensus price target of $514.58.

Intuit Stock Performance

Shares of INTU opened at $276.91 on Friday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $75.75 billion, a P/E ratio of 16.77, a price-to-earnings-growth ratio of 1.04 and a beta of 0.98. The firm’s fifty day simple moving average is $366.58 and its two-hundred day simple moving average is $475.39. Intuit Inc. has a 12 month low of $273.27 and a 12 month high of $813.70.

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

Intuit Dividend Announcement

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

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.