Sapient Capital LLC Sells 47,267 Shares of Intuit Inc. $INTU

Sapient Capital LLC lowered its stake in Intuit Inc. (NASDAQ:INTUFree Report) by 97.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 999 shares of the software maker’s stock after selling 47,267 shares during the period. Sapient Capital LLC’s holdings in Intuit were worth $261,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Betterment LLC boosted its position in Intuit by 2.1% in the 3rd quarter. Betterment LLC now owns 779 shares of the software maker’s stock valued at $532,000 after buying an additional 16 shares during the last quarter. PFG Investments LLC increased its stake in shares of Intuit by 2.0% in the 4th quarter. PFG Investments LLC now owns 915 shares of the software maker’s stock valued at $606,000 after buying an additional 18 shares during the period. One Capital Management LLC raised its position in shares of Intuit by 2.7% during the third quarter. One Capital Management LLC now owns 681 shares of the software maker’s stock worth $465,000 after acquiring an additional 18 shares during the last quarter. Quadcap Wealth Management LLC raised its position in shares of Intuit by 1.0% during the third quarter. Quadcap Wealth Management LLC now owns 1,801 shares of the software maker’s stock worth $1,230,000 after acquiring an additional 18 shares during the last quarter. Finally, United Asset Strategies Inc. lifted its stake in shares of Intuit by 1.0% during the fourth quarter. United Asset Strategies Inc. now owns 2,036 shares of the software maker’s stock valued at $1,349,000 after acquiring an additional 20 shares during the period. Institutional investors own 83.66% of the company’s stock.

Intuit Stock Up 0.6%

NASDAQ:INTU opened at $336.44 on Wednesday. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $721.54. The stock’s fifty day simple moving average is $289.71 and its 200-day simple moving average is $369.14. The firm has a market capitalization of $92.03 billion, a P/E ratio of 20.38, a P/E/G ratio of 1.06 and a beta of 0.97.

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

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 9th were paid a $1.20 dividend. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.4%. Intuit’s dividend payout ratio is 29.07%.

Insider Transactions at Intuit

In other news, Director Vasant M. Prabhu purchased 500 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average cost of $309.71 per share, for a total transaction of $154,855.00. Following the transaction, the director directly owned 1,750 shares of the company’s stock, valued at approximately $541,992.50. The trade was a 40.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director Richard L. Dalzell sold 284 shares of Intuit stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total transaction of $74,498.88. Following the transaction, the director directly owned 11,758 shares in the company, valued at $3,084,358.56. The trade was a 2.36% 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. Over the last ninety days, insiders sold 1,239 shares of company stock valued at $348,354. 2.49% of the stock is currently owned by company insiders.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

  • Positive Sentiment: BMO maintained its Buy rating and $412 price target, saying temporary headwinds in some segments are being offset by resilience in Intuit’s core businesses. The target implies substantial upside from recent trading levels. Intuit Buy Rating Reiterated
  • Positive Sentiment: Intuit launched an AI-powered Enterprise Suite with Citrin Cooperman Advisors for mid-market companies. The partners plan to develop AI agents that automate financial and back-office workflows, supporting Intuit’s longer-term growth strategy beyond its traditional tax products. Intuit AI ERP Push
  • Neutral Sentiment: Recent coverage noted that Intuit gained even as the broader market weakened, reflecting improving sentiment after its latest quarterly report. Intuit previously reported revenue growth of 10.4% year over year, earnings above consensus, and fiscal 2026 earnings guidance of approximately $23.80–$23.85 per share. Intuit Gains Despite Market Slip
  • Negative Sentiment: Pomerantz said a securities class action has been filed against Intuit and certain officers in federal court. The lawsuit alleges violations of federal securities laws related to statements made during the August 22, 2025–May 20, 2026 class period. Pomerantz Intuit Class Action
  • Negative Sentiment: Several law firms are soliciting investors to serve as lead plaintiff before the September 8, 2026 deadline. The claims generally allege that Intuit misrepresented the strength of its tax-related business and TurboTax’s competitive position before a sharp stock decline. Rosen Intuit Securities Class Action Deadline

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on INTU shares. Erste Group Bank upgraded Intuit to a “hold” rating in a report on Monday, April 27th. Wall Street Zen cut Intuit from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. BMO Capital Markets cut their target price on shares of Intuit from $550.00 to $412.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. Mizuho 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 Tuesday, May 26th. Finally, BNP Paribas Exane lowered their price target on shares of Intuit from $463.00 to $315.00 and set a “neutral” rating for the company in a research report on Thursday, May 21st. Nineteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $461.23.

Get Our Latest Research Report on INTU

Intuit Company Profile

(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.

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Institutional Ownership by Quarter for Intuit (NASDAQ:INTU)

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