Jefferies Financial Group Inc. Has $1.44 Million Position in Intuit Inc. $INTU

Jefferies Financial Group Inc. lessened its stake in shares of Intuit Inc. (NASDAQ:INTU) by 97.1% during the third quarter, Holdings Channel.com reports. The fund owned 2,113 shares of the software maker’s stock after selling 71,954 shares during the period. Jefferies Financial Group Inc.’s holdings in Intuit were worth $1,443,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its position in Intuit by 61.3% during the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after purchasing an additional 1,350 shares during the period. Revolve Wealth Partners LLC increased its holdings in Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after buying an additional 482 shares during the period. Nicholas Hoffman & Company LLC. acquired a new position in shares of Intuit in the 1st quarter valued at approximately $785,564,000. Sivia Capital Partners LLC raised its position in shares of Intuit by 23.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after buying an additional 166 shares in the last quarter. Finally, Florida Financial Advisors LLC lifted its holdings in shares of Intuit by 12.2% during the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after acquiring an additional 51 shares during the period. 83.66% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Intuit

In other Intuit news, CEO Sasan K. Goodarzi sold 41,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the completion of the transaction, the chief executive officer owned 13,611 shares in the company, valued at approximately $8,848,511.10. This trade represents a 75.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Scott D. Cook sold 1,402 shares of the business’s stock in a transaction that occurred on 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 transaction, the director owned 5,668,182 shares in the company, valued at $3,786,458,939.64. This trade represents a 0.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 119,835 shares of company stock worth $79,679,393 over the last ninety days. Insiders own 2.49% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Jim Cramer publicly urged investors to “stick with” Intuit, reiterating confidence after management’s recent appearance and strong quarterly results. Jim Cramer on Intuit: “You Stick With That One, It’s Going to Go Higher”
• Positive Sentiment: Rothschild & Co Redburn upgraded Intuit from Neutral to Buy and raised its price target, citing resilience of core software versus AI disruption — a vote of confidence from a sell‑side shop. Redburn upgrades Intuit saying core software resilient to AI disruption
• Positive Sentiment: Coverage of Q4 earnings places Intuit among outperformers in the finance/HR software cohort — highlighting the company’s revenue and EPS beat and continued product adoption. Q4 Earnings Outperformers: Intuit And The Rest Of The Finance and HR Software Stocks
• Neutral Sentiment: Analyst fair‑value estimates have been trimmed (recent notes move mid‑range targets into ~$500–$600), reflecting elevated AI risk and tax‑season exposure; this is a valuation re‑balancing rather than a change to the growth story. How The Intuit (INTU) Investment Story Is Shifting With AI Risks And Lower Targets
• Neutral Sentiment: Short interest fell ~19.5% in February to ~6.69M shares (≈2.5% of float), lowering days‑to‑cover — a technical datapoint that can reduce short‑squeeze risk. (No link)
• Negative Sentiment: Opinion pieces and technical studies warn Intuit faces structural/technical trouble after a >50% decline since July 2025, flagging potential further downside if the chart pattern and momentum don’t stabilize. Intuit Stock Faces Structural Trouble Despite Optimistic Calls
• Negative Sentiment: Coverage from The Motley Fool highlights AI uncertainty and valuation risk despite solid underlying growth, cautioning investors to expect continued volatility. Intuit Stock Has Been Crushed This Year. How Much Further Could It Fall?
• Negative Sentiment: Market commentary points to investor re‑pricing tied to Intuit’s tax‑season quarter guidance and planned higher customer‑acquisition/service spend; combined with heavy insider selling and notable institutional position reductions, this raises near‑term sentiment risk. Intuit slides as investors focus on tax-season outlook and spending plans

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on INTU. Argus reduced their price target on shares of Intuit from $780.00 to $580.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. Oppenheimer lowered their price objective on shares of Intuit from $696.00 to $558.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. TD Cowen cut their target price on Intuit from $658.00 to $633.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Mizuho reduced their target price on Intuit from $675.00 to $600.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Finally, Truist Financial initiated coverage on Intuit in a research note on Tuesday, January 6th. They issued a “buy” rating and a $739.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $643.29.

Intuit Stock Performance

Shares of Intuit stock opened at $440.45 on Thursday. The stock has a market cap of $121.81 billion, a price-to-earnings ratio of 28.53, a P/E/G ratio of 1.82 and a beta of 1.26. Intuit Inc. has a twelve month low of $349.00 and a twelve month high of $813.70. The company’s fifty day moving average is $490.65 and its 200 day moving average is $603.35. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU) last announced its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (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 business had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. During the same period last year, the company earned $3.32 EPS. Intuit’s revenue for the quarter was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Sell-side analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, April 9th. Intuit’s payout ratio is currently 31.09%.

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.