Insider Selling: Intuit (NASDAQ:INTU) CAO Sells $314,311.78 in Stock

Intuit Inc. (NASDAQ:INTU) CAO Lauren Hotz sold 907 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the sale, the chief accounting officer owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. This trade represents a 35.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Intuit Stock Performance

Shares of NASDAQ INTU opened at $358.06 on Monday. The business’s 50-day simple moving average is $307.36 and its 200-day simple moving average is $356.13. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.45 and a current ratio of 1.51. Intuit Inc. has a 52 week low of $252.84 and a 52 week high of $705.08. The firm has a market cap of $97.94 billion, a price-to-earnings ratio of 21.70, a P/E/G ratio of 0.92 and a beta of 0.97.

Intuit (NASDAQ:INTU) last posted its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, topping the consensus estimate of $3.58 by $0.45. The firm had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The company’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period in the previous year, the company earned $2.75 EPS. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, equities research analysts expect that Intuit Inc. will post 23.07 earnings per share for the current fiscal year.

Intuit Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be paid a $1.38 dividend. The ex-dividend date is Thursday, October 8th. This is a positive change from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.5%. Intuit’s dividend payout ratio is presently 29.09%.

Analysts Set New Price Targets

Several brokerages recently commented on INTU. Royal Bank Of Canada dropped their target price on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. Barclays decreased their price target on shares of Intuit from $443.00 to $408.00 and set an “overweight” rating for the company in a report on Wednesday. Piper Sandler raised their price target on Intuit from $250.00 to $290.00 and gave the company an “underweight” rating in a research report on Wednesday, August 26th. Freedom Capital lowered Intuit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. Finally, Morgan Stanley cut their price objective on Intuit from $335.00 to $315.00 and set an “equal weight” rating for the company in a research report on Wednesday. Seventeen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Intuit presently has an average rating of “Hold” and an average target price of $434.68.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Management’s planned strategy to reduce initial revenue per TurboTax do-it-yourself customer could help restore customer volume and support longer-term growth. The approach suggests the weakness is a strategic reset focused on winning back users rather than an immediate deterioration in the overall business. Intuit is Lowering TurboTax Revenue per User to Win Customers
• Positive Sentiment: Analysts and investors continue to point to Intuit’s mid-market expansion, artificial-intelligence adoption and substantial share repurchases as potential offsets to slower consumer-tax growth. One analysis characterized the earnings reset as a pivot rather than a breakdown in the company’s fundamentals. Intuit’s Earnings Reset May Be More Pivot Than Plunge
• Neutral Sentiment: Intuit is reorganizing its reporting structure, with Mailchimp becoming a separate reportable segment beginning in fiscal 2027. This may improve transparency around the company’s different growth engines but does not by itself change financial performance. Mailchimp Becomes a Separate Operating Segment
• Negative Sentiment: TurboTax underperformance and competitive pricing pressure remain the primary concerns. Fiscal 2027 revenue growth is expected at only 9% to 10%, with TurboTax growth projected at 2% to 3%; near-term revenue guidance also trailed analyst estimates. Intuit’s Real Problem Is Not on Its Income Statement
• Negative Sentiment: Several firms lowered their ratings or price targets, including downgrades from Bank of America, JPMorgan and Wolfe Research and target reductions from Oppenheimer and Truist. The analyst actions reflect concern that the slower-growth outlook warrants a lower valuation.
• Negative Sentiment: Multiple law firms publicized securities-fraud class-action deadlines for September 8, alleging that Intuit misrepresented the strength of its tax-related business. These announcements add reputational and potential legal overhang, although the allegations have not been proven.

Institutional Trading of Intuit

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Joseph Group Capital Management bought a new stake in shares of Intuit in the fourth quarter valued at about $25,000. Fiduciary Financial Advisors bought a new stake in shares of Intuit in the 2nd quarter worth approximately $25,000. Intesa Sanpaolo Wealth Management acquired a new stake in shares of Intuit during the 4th quarter worth approximately $25,000. Osbon Capital Management LLC acquired a new position in shares of Intuit in the second quarter valued at $26,000. Finally, MidFirst Bank acquired a new stake in Intuit during the second quarter worth $28,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

About Intuit

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.