Intuit Inc. $INTU Shares Bought by Vinva Investment Management Ltd

Key Points

• Vinva Investment Management raised its stake in Intuit by 22.3% in Q3 to 21,506 shares (about $14.94M), while institutional ownership sits at 83.66% and major holders like Vanguard, State Street and Invesco also increased positions.
• Q2 earnings beat (EPS and revenue) and a new collaboration with Anthropic on AI agents have driven analyst upgrades and a sharp rally, but the rapid run-up and several price‑target trims leave valuation and short‑term profit‑taking risks.
• Insider selling has been significant—insiders sold roughly 269,596 shares (~$178.1M) in the past three months—yet consensus remains a "Moderate Buy" with an average target near $642 and a recently announced $1.20 quarterly dividend.

Vinva Investment Management Ltd increased its stake in Intuit Inc. (NASDAQ:INTU - Free Report) by 22.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,506 shares of the software maker's stock after acquiring an additional 3,920 shares during the period. Vinva Investment Management Ltd's holdings in Intuit were worth $14,940,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in INTU. Vanguard Group Inc. lifted its holdings in shares of Intuit by 3.3% in 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 buying an additional 914,024 shares during the period. State Street Corp grew its holdings in Intuit by 1.0% during the second quarter. State Street Corp now owns 12,724,323 shares of the software maker's stock worth $10,022,059,000 after acquiring an additional 125,990 shares during the period. Geode Capital Management LLC grew its holdings in Intuit by 1.8% during the second quarter. Geode Capital Management LLC now owns 6,423,636 shares of the software maker's stock worth $5,042,107,000 after acquiring an additional 115,721 shares during the period. Norges Bank bought a new stake in Intuit in the second quarter worth about $3,268,830,000. Finally, Invesco Ltd. lifted its holdings in Intuit by 13.2% in the 2nd quarter. Invesco Ltd. now owns 3,485,764 shares of the software maker's stock valued at $2,745,492,000 after acquiring an additional 407,078 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company's stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Q2 earnings beat & guidance: Intuit reported a better‑than‑expected quarter (EPS and revenue beats, revenue +17% y/y) and set Q3/FY26 guidance that supports continued growth — this is the main fundamental driver for the rally. INTU Stock Rises 18.3% Post Q2 Earnings
• Positive Sentiment: Big AI partnership: Intuit announced a broad collaboration with Anthropic to build customizable AI agents for mid‑market customers — this supports product differentiation, upsell potential and the company’s AI-driven revenue narrative. Intuit Anthropic AI Agents Aim To Deepen Mid Market Integration
• Positive Sentiment: Analyst upgrades & upside to price targets: Multiple firms raised or reiterated bullish ratings (Northcoast upgrade to Buy with $575 PT; Argus strong‑buy; the consensus analyst targets imply material upside), underpinning investor confidence. Finviz (Northcoast upgrade) Wall Street Analysts Predict a 33.67% Upside
• Positive Sentiment: Sector rotation into software: Broader flows have favored software this week vs. semiconductors, lifting beaten-down software names including Intuit and providing a momentum tailwind. Tech Rotation Swings Back Toward Software
• Neutral Sentiment: Momentum & valuation questions: The stock has had a sharp multi‑day run (Forbes notes a 7‑day +30% move), prompting debate over whether the rally is overextended vs. justified by fundamentals. Monitor near‑term profit‑taking risk. Is Intuit Stock Rally Overextended Or Just Getting Started?
• Neutral Sentiment: Earnings acceleration theme: Screens and analyst commentary highlight improving EPS revisions and acceleration metrics — bullish signal, but execution and AI monetization will determine durability. 3 Best Earnings Acceleration Stocks to Buy in March 2026
• Negative Sentiment: Some price‑target trims despite buy ratings: A number of firms trimmed targets (Daiwa, TD Cowen, Mizuho, JPMorgan) even while keeping buy ratings — this signals varied views on upside and valuation sensitivity. That increases short‑term volatility risk if guidance/AI execution falters. Daiwa Lowers PT to $640

Insider Transactions at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the sale, the director directly owned 13,476 shares in the company, valued at $8,893,486.20. The trade was a 2.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Sandeep Aujla sold 1,335 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the transaction, the chief financial officer owned 536 shares in the company, valued at $337,390.56. This represents a 71.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 269,596 shares of company stock worth $178,119,764. 2.49% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on INTU shares. JPMorgan Chase & Co. reduced their price objective on shares of Intuit from $750.00 to $605.00 and set an "overweight" rating for the company in a research report on Friday, February 27th. Wolfe Research dropped their target price on shares of Intuit from $870.00 to $830.00 and set an "outperform" rating on the stock in a report on Monday, December 15th. Scotiabank set a $575.00 target price on shares of Intuit in a report on Friday. Weiss Ratings lowered shares of Intuit from a "buy (b-)" rating to a "hold (c)" rating in a research report on Thursday, February 5th. Finally, Independent Research set a $875.00 price target on Intuit in a report on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $642.32.

Intuit Stock Performance

Intuit stock opened at $481.17 on Friday. Intuit Inc. has a fifty-two week low of $349.00 and a fifty-two week high of $813.70. The firm's 50 day simple moving average is $503.41 and its 200-day simple moving average is $608.18. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market cap of $133.07 billion, a P/E ratio of 31.16, a price-to-earnings-growth ratio of 1.93 and a beta of 1.26.

Intuit (NASDAQ:INTU - Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.68 by $0.47. The firm had revenue of $4.65 billion during 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%.The business's revenue for the quarter was up 17.4% on a year-over-year basis. During the same period in the prior 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. As a group, equities research analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be given a dividend of $1.20 per share. 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 1.0%. Intuit's dividend payout ratio (DPR) is presently 31.09%.

Intuit 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.

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