Rep. Josh Gottheimer Sells Intuit Inc. (NASDAQ:INTU) Shares

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Intuit Inc. (NASDAQ:INTU). In a filing disclosed on March 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intuit stock on February 20th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Infineon Technologies (OTCMKTS:IFNNY) on 2/27/2026.
• Sold $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 2/27/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Carvana (NYSE:CVNA) on 2/18/2026.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/18/2026.
• Purchased $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of Cummins (NYSE:CMI) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of GE Vernova (NYSE:GEV) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of Exxon Mobil (NYSE:XOM) on 2/4/2026.
• Sold $1,001 – $15,000 in shares of Fair Isaac (NYSE:FICO) on 2/4/2026.

Intuit Stock Performance

NASDAQ:INTU traded down $4.86 during mid-day trading on Wednesday, hitting $427.59. 1,290,077 shares of the company’s stock traded hands, compared to its average volume of 4,042,028. The firm has a market capitalization of $118.25 billion, a price-to-earnings ratio of 27.68, a price-to-earnings-growth ratio of 1.84 and a beta of 1.26. The firm has a 50 day moving average of $456.05 and a two-hundred day moving average of $589.15. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a 12 month low of $349.00 and a 12 month high of $813.70.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping the consensus estimate of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The company had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. During the same period in the previous year, the business posted $3.32 EPS. The company’s revenue for the quarter was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, equities analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be paid a dividend of $1.20 per share. The ex-dividend date is Thursday, April 9th. This represents a $4.80 annualized dividend and a yield of 1.1%. Intuit’s dividend payout ratio is presently 31.09%.

Insider Buying and Selling

In other news, CFO Sandeep Aujla sold 1,335 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the sale, the chief financial officer owned 536 shares in the company, valued at approximately $337,390.56. The trade was a 71.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Scott D. Cook sold 1,402 shares of the company’s stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total transaction of $936,564.04. Following the completion of the sale, the director directly owned 5,668,182 shares in the company, valued at approximately $3,786,458,939.64. The trade was a 0.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 119,403 shares of company stock valued at $79,242,742. 2.49% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Wells Fargo & Company cut their target price on shares of Intuit from $700.00 to $425.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 24th. Mizuho decreased their price target on shares of Intuit from $675.00 to $600.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Citigroup cut their price objective on shares of Intuit from $803.00 to $649.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Susquehanna reduced their target price on shares of Intuit from $819.00 to $720.00 and set a “positive” rating for the company in a research note on Tuesday, February 24th. Finally, Jefferies Financial Group set a $650.00 target price on Intuit in a research report on Sunday, February 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Intuit presently has a consensus rating of “Moderate Buy” and a consensus price target of $638.06.

Institutional Trading of Intuit

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fort Sheridan Advisors LLC boosted its holdings in Intuit by 2.1% during the second quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker’s stock valued at $569,000 after purchasing an additional 15 shares in the last quarter. BetterWealth LLC raised its holdings in shares of Intuit by 3.8% in the 3rd quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock worth $281,000 after buying an additional 15 shares in the last quarter. Sachetta LLC lifted its position in shares of Intuit by 23.8% during the 3rd quarter. Sachetta LLC now owns 78 shares of the software maker’s stock worth $53,000 after buying an additional 15 shares during the period. Vance Wealth LLC boosted its stake in Intuit by 1.5% in the 2nd quarter. Vance Wealth LLC now owns 1,116 shares of the software maker’s stock valued at $879,000 after buying an additional 16 shares in the last quarter. Finally, PUREfi Wealth LLC boosted its stake in Intuit by 4.5% in the 3rd quarter. PUREfi Wealth LLC now owns 369 shares of the software maker’s stock valued at $252,000 after buying an additional 16 shares in the last quarter. Institutional investors own 83.66% of the company’s stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Court win removes advertising constraints for TurboTax, reducing regulatory overhang and restoring marketing flexibility for Intuit. Fifth Circuit Vacates FTC Order Intuit beats FTC in court
• Positive Sentiment: Analysts remain constructive — recent upgrades and reiterated Buy ratings (e.g., Rothschild/Redburn, Morgan Stanley coverage) support medium-term upside based on durable franchises like QuickBooks and TurboTax. Analysts Rate Intuit Buy Morgan Stanley on Intuit Enterprise Suite
• Positive Sentiment: New product/tools launches that ease compliance for small businesses (e.g., UK HMRC MTD support for sole traders) can help retain/expand customer base and revenue. Intuit launches HMRC tools
• Neutral Sentiment: Valuation and AI debate: research notes slightly adjusted fair-value estimates and highlight a shifting investment story — strong core franchises vs. AI competition and sector-wide multiple compression, producing mixed signals for near-term direction. This is the main reason cited for today’s weakness. How The Intuit Investment Story Is Shifting
• Negative Sentiment: Policy risk — proposed H.R.7806 (Direct File Act) would create a free government-run online tax filing system, posing a potential long-term threat to TurboTax revenue if enacted/implemented. Monitor legislative progress. Direct File Act summary

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Intuit Company Profile

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.