Capitolis Liquid Global Markets LLC Sells 70,000 Shares of Intuit Inc. $INTU

Key Points

• Capitolis Liquid Global Markets LLC sold 70,000 shares of Intuit in Q3, trimming its stake by 56% and leaving it with 55,000 shares valued at about $37.56 million.
• Insiders have been net sellers: CEO Sasan Goodarzi sold 41,000 shares (~$26.65M) and company insiders sold 120,501 shares totaling ~$79.98M over the last three months, leaving insiders with 2.49% ownership.
• Operational and market outlook mixed: Intuit beat recent quarterly EPS and revenue but issued below‑street Q3 profit guidance that triggered a pullback; analysts have a "Moderate Buy" consensus with a $634.26 target, and the company announced a $1.20 quarterly dividend (1.1% yield).

Capitolis Liquid Global Markets LLC trimmed its holdings in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 56.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 55,000 shares of the software maker's stock after selling 70,000 shares during the period. Capitolis Liquid Global Markets LLC's holdings in Intuit were worth $37,560,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in INTU. Norges Bank bought a new stake in Intuit in the second quarter valued at about $3,268,830,000. Alliancebernstein L.P. raised its position in Intuit by 183.8% in the third quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker's stock worth $1,365,640,000 after purchasing an additional 1,295,199 shares in the last quarter. Nicholas Hoffman & Company LLC. bought a new position in Intuit during the first quarter worth about $785,564,000. Winslow Capital Management LLC bought a new position in Intuit during the second quarter worth about $782,677,000. Finally, Vanguard Group Inc. boosted its holdings in Intuit by 3.3% during the third quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker's stock valued at $19,546,243,000 after purchasing an additional 914,024 shares in the last quarter. 83.66% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of the stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the sale, the chief executive officer owned 13,611 shares in the company, valued at approximately $8,848,511.10. This represents a 75.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sandeep Aujla sold 1,335 shares of the firm's stock in a transaction on Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the sale, the chief financial officer owned 536 shares of the company's stock, valued at approximately $337,390.56. This trade represents a 71.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 120,501 shares of company stock worth $79,983,892 in the last three months. Company insiders own 2.49% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on INTU shares. Independent Research set a $875.00 price objective on Intuit in a research note on Tuesday, November 18th. Northcoast Research upgraded Intuit from a "neutral" rating to a "buy" rating and set a $575.00 target price for the company in a research report on Friday, March 6th. BNP Paribas Exane lowered their price target on Intuit from $600.00 to $340.00 and set an "underperform" rating on the stock in a research report on Monday, February 23rd. Rothschild & Co Redburn upgraded Intuit from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $670.00 to $700.00 in a research note on Tuesday, March 10th. Finally, JPMorgan Chase & Co. cut their price objective on Intuit from $750.00 to $605.00 and set an "overweight" rating for the company in a report on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Intuit currently has an average rating of "Moderate Buy" and a consensus price target of $634.26.

Intuit Stock Performance

NASDAQ INTU opened at $439.96 on Friday. Intuit Inc. has a 1-year low of $349.00 and a 1-year high of $813.70. The company has a 50 day moving average of $482.31 and a 200-day moving average of $600.26. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. The firm has a market cap of $121.67 billion, a price-to-earnings ratio of 28.49, a PEG ratio of 1.77 and a beta of 1.26.

Intuit (NASDAQ:INTU - Get Free Report) last announced its earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping the consensus estimate of $3.68 by $0.47. The business had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.Intuit's revenue was up 17.4% compared to the same quarter last year. During the same period in the previous year, the business earned $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, equities analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

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

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Multi‑year partnership with Anthropic to build AI financial agents strengthens Intuit’s AI product roadmap and long‑term revenue opportunity, supporting buy‑side interest. Read More.
• Positive Sentiment: Rothschild & Co Redburn upgraded Intuit, providing fresh analyst support that can anchor the stock amid recent weakness. Read More.
• Neutral Sentiment: Company announced a quarterly dividend (ex‑dividend April 9), a steady capital‑return sign but modest yield—likely a neutral to mild positive for income‑focused investors. Read More.
• Neutral Sentiment: Analyses and valuation pieces note a multi‑month share selloff and re‑rating debate—keeps the stock in focus but produces mixed signals for timing. Read More.
• Negative Sentiment: Management’s Q3 profit guidance came in below Wall Street estimates after the Feb. 26 earnings release; that guidance miss triggered a post‑earnings pullback and remains a key near‑term risk. Read More.
• Negative Sentiment: Director Richard L. Dalzell sold 333 shares (~$440 avg) recently, reducing his stake modestly; while small in size, insider sales can be read negatively in a down tape. Read More.

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.

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