Intuit Inc. $INTU Shares Sold by Everhart Financial Group Inc.

Everhart Financial Group Inc. reduced its stake in Intuit Inc. (NASDAQ:INTU) by 67.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 844 shares of the software maker’s stock after selling 1,772 shares during the quarter. Everhart Financial Group Inc.’s holdings in Intuit were worth $220,000 at the end of the most recent reporting period.

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

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: BMO maintained its Buy rating and $412 price target, saying temporary headwinds in some segments are being offset by resilience in Intuit’s core businesses. The target implies substantial upside from recent trading levels. Intuit Buy Rating Reiterated
• Positive Sentiment: Intuit launched an AI-powered Enterprise Suite with Citrin Cooperman Advisors for mid-market companies. The partners plan to develop AI agents that automate financial and back-office workflows, supporting Intuit’s longer-term growth strategy beyond its traditional tax products. Intuit AI ERP Push
• Neutral Sentiment: Recent coverage noted that Intuit gained even as the broader market weakened, reflecting improving sentiment after its latest quarterly report. Intuit previously reported revenue growth of 10.4% year over year, earnings above consensus, and fiscal 2026 earnings guidance of approximately $23.80–$23.85 per share. Intuit Gains Despite Market Slip
• Negative Sentiment: Pomerantz said a securities class action has been filed against Intuit and certain officers in federal court. The lawsuit alleges violations of federal securities laws related to statements made during the August 22, 2025–May 20, 2026 class period. Pomerantz Intuit Class Action
• Negative Sentiment: Several law firms are soliciting investors to serve as lead plaintiff before the September 8, 2026 deadline. The claims generally allege that Intuit misrepresented the strength of its tax-related business and TurboTax’s competitive position before a sharp stock decline. Rosen Intuit Securities Class Action Deadline

Insider Transactions at Intuit

In other Intuit news, Director Vasant M. Prabhu purchased 500 shares of the stock in a transaction on Tuesday, May 26th. The stock was bought at an average price of $309.71 per share, for a total transaction 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 represents a 40.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, Director Richard L. Dalzell sold 284 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total transaction of $74,498.88. Following the completion of the sale, the director owned 11,758 shares of the company’s stock, valued at approximately $3,084,358.56. The trade was a 2.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 1,239 shares of company stock valued at $348,354. Insiders own 2.49% of the company’s stock.

Intuit Stock Up 0.6%

Intuit stock opened at $336.44 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. Intuit Inc. has a 1-year low of $252.84 and a 1-year high of $721.54. The company has a market cap of $92.03 billion, a PE ratio of 20.38, a price-to-earnings-growth ratio of 1.06 and a beta of 0.97. The stock’s 50 day moving average price is $289.71 and its 200 day moving average price is $369.14.

Intuit (NASDAQ:INTU) last released its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, beating the consensus estimate of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same period last year, the business posted $11.65 EPS. Intuit’s quarterly revenue was up 10.4% on a year-over-year basis. 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, sell-side analysts predict that Intuit Inc. will post 18.18 EPS for the current fiscal year.

Intuit Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 9th were issued a dividend of $1.20 per share. The ex-dividend date was Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.4%. Intuit’s payout ratio is 29.07%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on INTU shares. Morgan Stanley downgraded shares of Intuit from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $580.00 to $335.00 in a research report on Tuesday, July 21st. Bank of America began coverage on shares of Intuit in a research note on Wednesday, May 27th. They set a “buy” rating and a $400.00 price target on the stock. Royal Bank Of Canada reduced their price target on shares of Intuit from $600.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Wolfe Research restated an “outperform” rating and issued a $400.00 price objective on shares of Intuit in a research note on Thursday, May 21st. Finally, Jefferies Financial Group dropped their price objective on Intuit from $650.00 to $550.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Nineteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $461.23.

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.