Czech National Bank Purchases 2,930 Shares of Intuit Inc. $INTU

Czech National Bank raised its position in shares of Intuit Inc. (NASDAQ:INTU) by 3.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 78,717 shares of the software maker’s stock after purchasing an additional 2,930 shares during the period. Czech National Bank’s holdings in Intuit were worth $20,545,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of INTU. Joseph Group Capital Management purchased a new stake in shares of Intuit in the fourth quarter worth $25,000. Intesa Sanpaolo Wealth Management purchased a new position in shares of Intuit in the 4th quarter worth about $25,000. Pin Oak Investment Advisors Inc. purchased a new position in shares of Intuit in the 3rd quarter worth about $33,000. Birchwood Financial Partners Inc. bought a new position in Intuit in the 4th quarter worth about $33,000. Finally, Steph & Co. boosted its stake in Intuit by 346.2% in the 4th quarter. Steph & Co. now owns 58 shares of the software maker’s stock worth $38,000 after purchasing an additional 45 shares in the last quarter. Institutional investors own 83.66% of the company’s stock.

Intuit Price Performance

Shares of NASDAQ:INTU opened at $325.25 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. The firm has a market cap of $88.97 billion, a price-to-earnings ratio of 19.70, a price-to-earnings-growth ratio of 1.02 and a beta of 0.97. The business has a 50-day simple moving average of $289.81 and a two-hundred day simple moving average of $373.05. Intuit Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $762.48.

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

Intuit Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, July 9th were given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Thursday, July 9th. Intuit’s payout ratio is 29.07%.

Insider Buying and Selling

In other news, Director Richard L. Dalzell sold 284 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total value of $74,498.88. Following the transaction, the director directly owned 11,758 shares in the company, valued at $3,084,358.56. This trade represents a 2.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu acquired 500 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased at an average cost of $309.71 per share, with a total value of $154,855.00. Following the acquisition, the director directly owned 1,750 shares of the company’s stock, valued at $541,992.50. This trade represents a 40.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In 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 insiders.

Analyst Upgrades and Downgrades

INTU has been the subject of a number of analyst reports. UBS Group reduced their price objective on shares of Intuit from $440.00 to $360.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Intuit from $600.00 to $530.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. TD Cowen cut shares of Intuit from a “buy” rating to a “hold” rating and cut their price target for the company from $504.00 to $304.00 in a report on Tuesday, July 28th. Rothschild & Co Redburn reduced their price target on shares of Intuit from $700.00 to $600.00 and set a “buy” rating for the company in a research report on Tuesday, June 2nd. Finally, Susquehanna decreased their price objective on shares of Intuit from $550.00 to $427.00 and set a “positive” rating for the company in a report on Monday, July 20th. 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 stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $460.45.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced that Citrin Cooperman has made its AI-native Intuit Enterprise Suite available to clients. The partnership could support adoption of Intuit’s enterprise financial-management products among middle-market businesses and broaden growth beyond its traditional tax and small-business offerings. Citrin Cooperman Expands Its ERP and Advisory Offerings with Intuit Enterprise Suite
• Neutral Sentiment: Several law firms, including Rosen, Bronstein Gewirtz & Grossman, Robbins, Pomerantz and others, issued investor notices concerning a securities class action covering purchases made from August 22, 2025, through May 20, 2026. The notices largely repeat the same case and encourage investors to seek lead-plaintiff status by September 8, 2026; they do not represent separate confirmed judgments against Intuit. INTU Investors Have Opportunity to Lead Intuit Inc. Securities Fraud Lawsuit
• Negative Sentiment: The lawsuit alleges that Intuit and certain executives misled investors about the sustainability and growth prospects of TurboTax and failed to adequately disclose rising competition and pricing pressure in its tax-related operations. If the claims gain traction, Intuit could face litigation costs, settlement exposure and reputational damage. Intuit Inc. Stockholders Have Rights
• Negative Sentiment: Intuit was also among software stocks pressured after Figma highlighted sharply higher artificial-intelligence investment costs. The sector development raises concerns about margin pressure and the return on AI spending, even though it is not specific to Intuit. Software Stocks Slide After Figma Flags Surging AI Costs

Intuit 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.