Intuit Inc. $INTU Shares Sold by Profund Advisors LLC

Profund Advisors LLC lessened its stake in Intuit Inc. (NASDAQ:INTU) by 8.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 20,970 shares of the software maker’s stock after selling 1,858 shares during the quarter. Profund Advisors LLC’s holdings in Intuit were worth $5,782,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Fiduciary Financial Advisors bought a new position in Intuit during the 2nd quarter worth about $25,000. Whipplewood Advisors LLC acquired a new stake in shares of Intuit in the 1st quarter valued at about $30,000. Osbon Capital Management LLC bought a new stake in shares of Intuit in the second quarter valued at about $26,000. MidFirst Bank bought a new stake in shares of Intuit in the second quarter valued at about $28,000. Finally, James T. Borello RIA boosted its position in shares of Intuit by 350.0% during the third quarter. James T. Borello RIA now owns 108 shares of the software maker’s stock worth $30,000 after buying an additional 84 shares during the period. 83.66% of the stock is owned by institutional investors.

Insider Activity at Intuit

In other news, CAO Lauren Hotz sold 907 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the transaction, the chief accounting officer owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. This represents a 35.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Richard Dalzell sold 285 shares of Intuit stock in a transaction that occurred 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 directly owned 11,531 shares of the company’s stock, valued at approximately $3,751,726.16. The trade was a 2.41% decrease in their ownership of the stock. 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.

Intuit Stock Up 3.0%

INTU stock opened at $341.09 on Friday. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $91.15 billion, a PE ratio of 20.67, a PEG ratio of 1.13 and a beta of 1.01. Intuit Inc. has a 1-year low of $252.84 and a 1-year high of $682.27. The business’s 50 day simple moving average is $319.38 and its 200 day simple moving average is $362.39.

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

Intuit Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Stockholders of record on Thursday, October 8th were issued a dividend of $1.38 per share. This is a boost from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Thursday, October 8th. Intuit’s dividend payout ratio is presently 33.45%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on INTU. Susquehanna decreased their price objective on Intuit from $427.00 to $415.00 and set a “positive” rating for the company in a report on Wednesday, August 26th. Jefferies Financial Group decreased their target price on shares of Intuit from $550.00 to $500.00 and set a “buy” rating for the company in a research report on Sunday, August 23rd. BMO Capital Markets reiterated an “outperform” rating on shares of Intuit in a research note on Monday, September 21st. Barclays cut their price target on shares of Intuit from $443.00 to $408.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 26th. Finally, Oppenheimer reduced their price objective on shares of Intuit from $406.00 to $380.00 and set an “outperform” rating for the company in a research note on Wednesday, August 26th. Sixteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Intuit currently has a consensus rating of “Hold” and a consensus price target of $431.55.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Investors responded favorably to Intuit’s expanded Intuit Intelligence platform, which adds automation and workflow capabilities across QuickBooks, Intuit Enterprise Suite and Intuit Accountant Suite. The company’s planned acquisition of Sequence would further strengthen quote-to-revenue and billing automation for mid-market customers. Intuit shares climb as investors weigh fresh AI product moves and steady outlook
• Positive Sentiment: Management’s previously reaffirmed fiscal 2027 outlook continues to support the bullish case, including expected full-year revenue growth of approximately 9% to 10%. Intuit also launched Credit Karma Tax with free federal filing and faster-refund features ahead of tax season, adding another potential growth catalyst. Intuit shares climb as investors weigh fresh AI product moves and steady outlook
• Positive Sentiment: Intuit will report fiscal first-quarter 2027 results after the market closes on November 19. The event gives investors a near-term opportunity to assess demand, AI monetization and whether the company is tracking toward its full-year guidance. Intuit to Announce First-Quarter Fiscal Year 2027 Results on Nov. 19
• Neutral Sentiment: Recent institutional activity was mixed: several large investors increased their positions, while others—including Wellington Management and T. Rowe Price—reduced holdings. The conflicting signals suggest continued debate over valuation and Intuit’s AI transition.
• Negative Sentiment: Matrix Asset Advisors reportedly exited Intuit amid uncertainty about the company’s AI-driven business model, highlighting concerns about execution, competitive pressure and the timing of returns from new technology investments. Intuit (INTU): Exiting Amid AI-Driven Business Model Uncertainty
• Negative Sentiment: Insider trading data showed more sales than purchases during the past six months, a modest cautionary signal, although the transactions do not necessarily indicate a change in management’s operating outlook.

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.