Intuit (NASDAQ:INTU) Stock Sale Reported by Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Rep. Gilbert Ray Cisneros Jr. sold between $1,001 and $15,000 of Intuit stock on September 18 through a Bank of America trust account. He also reported several other stock purchases and sales in late September and early October.
• Intuit reported quarterly EPS of $4.03, beating estimates of $3.58, while revenue rose 13.7% year over year to $4.35 billion. The company increased its quarterly dividend to $1.38 per share, implying an annualized yield of about 1.8%.
• INTU shares opened at $301.45 and were down 1.5%, well below their 12-month high of $689.17. Analysts’ consensus rating is Hold, with a consensus price target of $431.55.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Intuit Inc. (NASDAQ:INTU). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intuit stock on September 18th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Benchmark Electronics NYSE: BHE on 10/1/2026.
• Sold $1,001 - $15,000 in shares of Oxford Industries NYSE: OXM on 9/29/2026.
• Sold $1,001 - $15,000 in shares of Semtech NASDAQ: SMTC on 9/29/2026.
• Sold $15,001 - $50,000 in shares of ITT NYSE: ITT on 9/29/2026.
• Sold $1,001 - $15,000 in shares of BridgeBio Pharma NASDAQ: BBIO on 9/29/2026.
• Purchased $1,001 - $15,000 in shares of Tandem Diabetes Care NASDAQ: TNDM on 9/29/2026.
• Purchased $1,001 - $15,000 in shares of Cytokinetics NASDAQ: CYTK on 9/29/2026.
• Purchased $1,001 - $15,000 in shares of Ultragenyx Pharmaceutical NASDAQ: RARE on 9/29/2026.
• Purchased $1,001 - $15,000 in shares of YETI NYSE: YETI on 9/29/2026.
• Sold $1,001 - $15,000 in shares of AtriCure NASDAQ: ATRC on 9/29/2026.

Intuit Trading Down 1.5%

Shares of INTU stock opened at $301.45 on Wednesday. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $80.56 billion, a price-to-earnings ratio of 16.71, a price-to-earnings-growth ratio of 0.89 and a beta of 1.01. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $689.17. The stock's 50-day moving average price is $321.34 and its 200-day moving average price is $330.11.

Intuit (NASDAQ:INTU - Get Free Report) last announced its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, beating analysts' consensus estimates of $3.58 by $0.45. The company 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 firm's revenue was up 13.7% on a year-over-year basis. During the same period in the prior year, the company earned $2.75 earnings per share. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Equities research analysts predict that Intuit Inc. will post 23.01 EPS 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 given a dividend of $1.38 per share. 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 1.8%. Intuit's dividend payout ratio (DPR) is 33.45%.

Institutional Trading of Intuit

Several hedge funds and other institutional investors have recently bought and sold shares of INTU. Fiduciary Financial Advisors purchased a new position in Intuit during the 2nd quarter worth approximately $25,000. Sankala Group LLC acquired a new stake in Intuit during the 4th quarter valued at approximately $40,000. Whipplewood Advisors LLC acquired a new stake in shares of Intuit in the first quarter worth $30,000. HHM Wealth Advisors LLC increased its stake in shares of Intuit by 75.0% in the first quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker's stock worth $30,000 after acquiring an additional 30 shares during the period. Finally, CrossGen Wealth LLC purchased a new position in shares of Intuit during the first quarter worth $32,000. Hedge funds and other institutional investors own 83.66% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. downgraded Intuit from an "overweight" rating to a "neutral" rating and lowered their target price for the company from $605.00 to $331.00 in a research report on Wednesday, August 26th. Wells Fargo & Company dropped their price objective on shares of Intuit from $360.00 to $300.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 26th. Barclays dropped their price objective on shares of Intuit from $443.00 to $408.00 and set an "overweight" rating for the company in a research note on Wednesday, August 26th. UBS Group restated a "neutral" rating on shares of Intuit in a report on Friday, September 18th. Finally, TD Cowen restated a "hold" rating and set a $346.00 target price on shares of Intuit in a research report on Friday, September 18th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $431.55.

Insider Buying and Selling at Intuit

In related news, CAO Lauren D. Hotz sold 907 shares of Intuit stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the transaction, the chief accounting officer directly owned 1,628 shares in the company, valued at approximately $564,167.12. This trade represents a 35.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard L. Dalzell sold 285 shares of the firm's stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total transaction of $92,727.60. Following the sale, the director directly owned 11,531 shares in the company, valued at $3,751,726.16. The trade was a 2.41% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.49% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Intuit Company Profile

Intuit Inc is a global financial technology and business software company headquartered in Mountain View, California. The company develops products designed to help consumers, small businesses and accounting professionals manage finances, prepare taxes, operate businesses and make financial decisions.

Its principal products and services include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, payroll, payments and related business management tools; Credit Karma, a personal finance platform offering credit monitoring and financial product recommendations; and Mailchimp, an email marketing and customer engagement service for businesses.

Intuit was founded in 1983 by Scott Cook and Tom Proulx.

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