CW Advisors LLC Lowers Stake in Intuit Inc. $INTU

Key Points

• CW Advisors LLC significantly reduced its stake in Intuit Inc. by 86.5% during Q1, now holding 4,088 shares valued at approximately $2.5 million.
• Insider transactions showed notable activity, with EVP Laura A. Fennell and insider Scott D. Cook selling a combined 98,090 shares worth over $73 million.
• Intuit's stock has a current target price range between $750 and $850 from various analysts, with a consensus rating of "Moderate Buy."

CW Advisors LLC cut its position in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 86.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,088 shares of the software maker's stock after selling 26,119 shares during the quarter. CW Advisors LLC's holdings in Intuit were worth $2,506,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Invesco Ltd. grew its holdings in Intuit by 1.2% in the first quarter. Invesco Ltd. now owns 3,078,686 shares of the software maker's stock valued at $1,890,282,000 after purchasing an additional 36,513 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Intuit by 4.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,841,590 shares of the software maker's stock valued at $1,130,718,000 after purchasing an additional 82,419 shares during the period. Pinnacle Financial Partners Inc grew its holdings in Intuit by 3.6% in the first quarter. Pinnacle Financial Partners Inc now owns 17,789 shares of the software maker's stock valued at $10,922,000 after purchasing an additional 623 shares during the period. Capitolis Liquid Global Markets LLC purchased a new stake in Intuit in the fourth quarter valued at approximately $109,988,000. Finally, Malaga Cove Capital LLC grew its holdings in Intuit by 110.6% in the first quarter. Malaga Cove Capital LLC now owns 874 shares of the software maker's stock valued at $537,000 after purchasing an additional 459 shares during the period. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Intuit

In other news, EVP Laura A. Fennell sold 25,648 shares of the business's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $752.25, for a total transaction of $19,293,708.00. Following the transaction, the executive vice president directly owned 22,796 shares of the company's stock, valued at approximately $17,148,291. The trade was a 52.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Scott D. Cook sold 72,442 shares of the business's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $741.29, for a total transaction of $53,700,530.18. Following the transaction, the insider directly owned 6,063,495 shares in the company, valued at approximately $4,494,808,208.55. The trade was a 1.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 279,800 shares of company stock valued at $209,725,054. 2.68% of the stock is owned by company insiders.

Intuit Trading Down 5.0%

Shares of INTU stock opened at $662.66 on Monday. The stock has a market cap of $184.85 billion, a price-to-earnings ratio of 48.23, a price-to-earnings-growth ratio of 2.55 and a beta of 1.28. The company has a quick ratio of 1.45, a current ratio of 1.36 and a debt-to-equity ratio of 0.30. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70. The firm's 50 day moving average price is $757.08 and its two-hundred day moving average price is $675.53.

Intuit (NASDAQ:INTU - Get Free Report) last announced its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share for the quarter, beating analysts' consensus estimates of $2.66 by $0.09. The firm had revenue of $3.83 billion for the quarter, compared to analysts' expectations of $3.75 billion. Intuit had a net margin of 20.55% and a return on equity of 22.72%. Intuit's revenue was up 20.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.99 earnings per share. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. On average, analysts anticipate that Intuit Inc. will post 14.09 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Jefferies Financial Group set a $850.00 target price on shares of Intuit and gave the company a "buy" rating in a report on Friday, May 23rd. Stifel Nicolaus lowered their target price on shares of Intuit from $850.00 to $800.00 and set a "buy" rating for the company in a report on Friday. JPMorgan Chase & Co. lowered their target price on shares of Intuit from $770.00 to $750.00 and set an "overweight" rating for the company in a report on Friday. Evercore ISI boosted their target price on shares of Intuit from $685.00 to $785.00 and gave the company an "outperform" rating in a report on Friday, May 23rd. Finally, Piper Sandler restated an "overweight" rating and issued a $825.00 target price (up from $785.00) on shares of Intuit in a report on Friday, May 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $797.62.

Intuit Profile

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.

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