George Kaiser Family Foundation Acquires Shares of 464 Intuit Inc. $INTU

Key Points

• The George Kaiser Family Foundation invested approximately $285,000 in Intuit Inc. (NASDAQ: INTU), acquiring 464 shares during the first quarter.
• Insiders sold a total of 279,800 shares of Intuit stock recently, including significant sales by CFO Sandeep Aujla and insider Scott D. Cook, marking a notable decrease in their respective positions.
• Several brokerages have upgraded Intuit's stock ratings, with analysts setting a new average price target of $809.86 and an overall rating of "Moderate Buy."

George Kaiser Family Foundation acquired a new position in shares of Intuit Inc. (NASDAQ:INTU - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 464 shares of the software maker's stock, valued at approximately $285,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Invesco Ltd. lifted its stake in Intuit by 1.2% during the 1st quarter. Invesco Ltd. now owns 3,078,686 shares of the software maker's stock valued at $1,890,282,000 after acquiring an additional 36,513 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Intuit by 4.7% during 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 lifted its position in Intuit by 3.6% during 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 acquired a new position in shares of Intuit in the 4th quarter valued at about $109,988,000. Finally, Malaga Cove Capital LLC lifted its holdings in shares of Intuit by 110.6% in the 1st quarter. Malaga Cove Capital LLC now owns 874 shares of the software maker's stock valued at $537,000 after buying an additional 459 shares during the period. Institutional investors and hedge funds own 83.66% of the company's stock.

Intuit Trading Down 0.2%

INTU traded down $1.39 during trading hours on Thursday, reaching $697.76. The company's stock had a trading volume of 2,421,559 shares, compared to its average volume of 1,779,294. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70. The stock has a market cap of $194.64 billion, a PE ratio of 56.64, a P/E/G ratio of 2.70 and a beta of 1.28. The business's 50-day moving average is $760.28 and its 200-day moving average is $673.19. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.45 and a quick ratio of 1.45.

Intuit (NASDAQ:INTU - Get Free Report) last posted its earnings results on Thursday, August 21st. The software maker reported $1.70 EPS for the quarter, missing analysts' consensus estimates of $2.65 by ($0.95). Intuit had a net margin of 19.07% and a return on equity of 21.46%. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. As a group, equities research analysts predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Insider Buying and Selling at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $768.43, for a total transaction of $255,887.19. Following the sale, the director owned 15,474 shares of the company's stock, valued at approximately $11,890,685.82. This represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark P. Notarainni sold 1,147 shares of the stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $773.90, for a total transaction of $887,663.30. Following the sale, the executive vice president owned 19 shares in the company, valued at approximately $14,704.10. This trade represents a 98.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 279,800 shares of company stock valued at $209,725,054. Corporate insiders own 2.68% of the company's stock.

Analyst Upgrades and Downgrades

INTU has been the subject of a number of analyst reports. Jefferies Financial Group set a $850.00 price objective on shares of Intuit and gave the stock a "buy" rating in a research report on Friday, May 23rd. Citigroup raised their price objective on Intuit from $789.00 to $815.00 and gave the company a "buy" rating in a report on Friday, August 15th. Barclays restated an "overweight" rating and issued a $815.00 price objective (up from $775.00) on shares of Intuit in a research report on Friday, May 23rd. Oppenheimer increased their target price on Intuit from $742.00 to $868.00 and gave the company an "outperform" rating in a research report on Monday, July 28th. Finally, Wells Fargo & Company set a $880.00 price target on shares of Intuit and gave the company an "overweight" rating in a research note on Friday, June 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Intuit presently has an average rating of "Moderate Buy" and a consensus target price of $809.86.

About Intuit

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.