Lionshead Wealth Management LLC Sells 58 Shares of Intuit Inc. $INTU

Lionshead Wealth Management LLC cut its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 10.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 494 shares of the software maker’s stock after selling 58 shares during the period. Lionshead Wealth Management LLC’s holdings in Intuit were worth $303,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Copia Wealth Management acquired a new stake in shares of Intuit in the 4th quarter valued at about $25,000. Heck Capital Advisors LLC acquired a new stake in shares of Intuit in the 4th quarter valued at about $28,000. Olde Wealth Management LLC acquired a new stake in shares of Intuit in the 1st quarter valued at about $37,000. Atlantic Edge Private Wealth Management LLC raised its stake in shares of Intuit by 523.1% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 81 shares of the software maker’s stock valued at $50,000 after purchasing an additional 68 shares during the period. Finally, Hughes Financial Services LLC acquired a new stake in shares of Intuit in the 1st quarter valued at about $50,000. 83.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

INTU has been the topic of several recent research reports. KeyCorp dropped their price target on Intuit from $850.00 to $825.00 and set an “overweight” rating on the stock in a research note on Friday. Evercore ISI upped their target price on Intuit from $685.00 to $785.00 and gave the stock an “outperform” rating in a report on Friday, May 23rd. Oppenheimer upped their target price on Intuit from $742.00 to $868.00 and gave the stock an “outperform” rating in a report on Monday, July 28th. JPMorgan Chase & Co. dropped their target price on Intuit from $770.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $850.00 target price on shares of Intuit in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Intuit has an average rating of “Moderate Buy” and a consensus price target of $797.62.

Intuit Price Performance

NASDAQ:INTU opened at $662.66 on Friday. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.29. The stock’s 50 day moving average price is $757.08 and its two-hundred day moving average price is $674.34. The firm has a market capitalization of $184.85 billion, a price-to-earnings ratio of 48.23, a P/E/G ratio of 2.69 and a beta of 1.28. Intuit Inc. has a 12-month low of $532.65 and a 12-month high of $813.70.

Intuit (NASDAQ:INTU) last released its quarterly earnings data on Thursday, August 21st. The software maker reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $0.09. Intuit had a return on equity of 23.01% and a net margin of 20.55%.The firm had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same quarter in the prior year, the company earned $1.99 earnings per share. The business’s revenue for the quarter was up 20.3% compared to the same quarter last year. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. On average, analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current year.

Insider Buying and Selling at Intuit

In related news, CAO Lauren D. Hotz sold 1,738 shares of Intuit stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $784.09, for a total transaction of $1,362,748.42. Following the completion of the sale, the chief accounting officer directly owned 455 shares of the company’s stock, valued at approximately $356,760.95. This trade represents a 79.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Mark P. Notarainni sold 1,147 shares of Intuit stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $773.90, for a total value of $887,663.30. Following the sale, the executive vice president directly owned 19 shares of the company’s stock, valued at approximately $14,704.10. The trade was a 98.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 279,800 shares of company stock worth $209,725,054 in the last 90 days. Company insiders own 2.68% of the company’s stock.

Intuit Profile

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.