Intuit (NASDAQ:INTU) CAO Sells 907 Shares

Intuit Inc. (NASDAQ:INTU) CAO Lauren Hotz sold 907 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the transaction, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at $564,167.12. The trade was a 35.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Intuit Stock Performance

Shares of NASDAQ:INTU traded up $10.06 during trading hours on Friday, hitting $358.06. The stock had a trading volume of 4,116,520 shares, compared to its average volume of 4,398,258. The stock’s fifty day simple moving average is $305.53 and its 200 day simple moving average is $356.69. Intuit Inc. has a 1-year low of $252.84 and a 1-year high of $705.08. The firm has a market capitalization of $97.94 billion, a price-to-earnings ratio of 21.70, a PEG ratio of 1.08 and a beta of 0.97. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.45 and a current ratio of 1.51.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, beating analysts’ consensus estimates of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The company had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.27 billion. During the same quarter in the previous year, the company posted $2.75 earnings per share. The business’s revenue for the quarter was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Sell-side analysts anticipate that Intuit Inc. will post 21.06 earnings per share for the current fiscal year.

Intuit Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.5%. This is a positive change from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend is Thursday, October 8th. Intuit’s dividend payout ratio is 33.45%.

Analyst Ratings Changes

Several research firms recently weighed in on INTU. Barclays reduced their price objective on shares of Intuit from $443.00 to $408.00 and set an “overweight” rating for the company in a report on Wednesday. Mizuho dropped their price target on shares of Intuit from $500.00 to $430.00 and set an “outperform” rating on the stock in a research report on Monday, August 17th. Piper Sandler boosted their price target on shares of Intuit from $250.00 to $290.00 and gave the stock an “underweight” rating in a research report on Wednesday. Royal Bank Of Canada reduced their price target on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. Finally, Stifel Nicolaus set a $300.00 price objective on shares of Intuit in a report on Wednesday. Seventeen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $434.68.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit reported fiscal fourth-quarter revenue of $4.35 billion, up 13.7% year over year and above estimates, while adjusted earnings per share of $4.03 exceeded consensus by $0.45. Management also highlighted AI adoption, platform scalability, mid-market expansion and substantial share repurchases as longer-term growth and capital-return opportunities. Intuit’s Earnings Reset May Be More Pivot Than Plunge
• Positive Sentiment: The company plans to lower initial revenue per do-it-yourself tax customer to attract users, potentially supporting customer growth and future monetization despite near-term pricing pressure. Management is also separating Mailchimp into a reportable segment beginning in fiscal 2027, which could improve transparency around the business portfolio. Intuit is Lowering TurboTax Revenue per User
• Neutral Sentiment: Several law firms reminded shareholders of a September 8 deadline to seek lead-plaintiff status in securities-fraud litigation covering various 2025–2026 purchase periods. The complaints allege that Intuit misrepresented the sustainability of TurboTax growth and failed to disclose competitive and pricing pressures; the allegations have not been proven. Intuit Securities Fraud Lawsuit Deadline Alert
• Negative Sentiment: Fiscal 2027 guidance calls for only 9%–10% revenue growth, including approximately 2%–3% growth for TurboTax. Analysts cited slower consumer-tax growth, pricing competition and a softer near-term outlook; Bank of America, JPMorgan, Wolfe Research and others downgraded or reduced price targets, with targets reported as low as $300–$331. Intuit Stock Rating Lowered by JPMorgan

Hedge Funds Weigh In On Intuit

Several hedge funds have recently made changes to their positions in INTU. Brighton Jones LLC boosted its holdings in Intuit by 61.3% during the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after buying an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Intuit by 145.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after buying an additional 482 shares in the last quarter. Nicholas Hoffman & Company LLC. bought a new position in shares of Intuit in the first quarter valued at $785,564,000. Sivia Capital Partners LLC lifted its position in shares of Intuit by 23.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after acquiring an additional 166 shares during the last quarter. Finally, Florida Financial Advisors LLC lifted its position in shares of Intuit by 12.2% during the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock valued at $370,000 after acquiring an additional 51 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

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.