Insider Selling: Intuit (NASDAQ:INTU) Director Sells $217,588.86 in Stock

Intuit Inc. (NASDAQ:INTU) Director Richard Dalzell sold 333 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $653.42, for a total transaction of $217,588.86. Following the completion of the sale, the director owned 14,142 shares of the company’s stock, valued at $9,240,665.64. This trade represents a 2.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Intuit Trading Down 0.8%

NASDAQ INTU opened at $670.92 on Friday. The stock has a market capitalization of $186.70 billion, a P/E ratio of 45.86, a P/E/G ratio of 2.77 and a beta of 1.27. Intuit Inc. has a 52-week low of $532.65 and a 52-week high of $813.70. The firm has a 50-day moving average price of $656.94 and a 200 day moving average price of $705.25. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, beating analysts’ consensus estimates of $3.09 by $0.25. The company had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The firm’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Equities research analysts expect that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 9th will be given a $1.20 dividend. The ex-dividend date is Friday, January 9th. This represents a $4.80 annualized dividend and a yield of 0.7%. Intuit’s dividend payout ratio is presently 32.81%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of INTU. Sequoia Financial Advisors LLC grew its stake in shares of Intuit by 9.0% during the second quarter. Sequoia Financial Advisors LLC now owns 17,279 shares of the software maker’s stock valued at $13,609,000 after acquiring an additional 1,433 shares in the last quarter. MUFG Securities EMEA plc purchased a new position in Intuit in the second quarter valued at about $1,733,000. denkapparat Operations GmbH purchased a new position in Intuit in the second quarter valued at about $830,000. New York Life Investment Management LLC grew its stake in Intuit by 1.1% during the 2nd quarter. New York Life Investment Management LLC now owns 41,830 shares of the software maker’s stock valued at $32,947,000 after purchasing an additional 442 shares in the last quarter. Finally, Quadrant Capital Group LLC increased its holdings in Intuit by 2.4% during the 2nd quarter. Quadrant Capital Group LLC now owns 6,608 shares of the software maker’s stock worth $5,205,000 after purchasing an additional 152 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. UBS Group decreased their target price on shares of Intuit from $750.00 to $725.00 and set a “neutral” rating on the stock in a research report on Friday, August 22nd. Stifel Nicolaus decreased their price objective on shares of Intuit from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Friday, August 22nd. BMO Capital Markets dropped their target price on shares of Intuit from $870.00 to $810.00 and set an “outperform” rating for the company in a report on Friday, November 21st. Daiwa Capital Markets boosted their price target on Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Finally, JPMorgan Chase & Co. lowered their price target on Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday, August 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Intuit has a consensus rating of “Moderate Buy” and an average price target of $798.20.

About Intuit

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.