Intuit Inc. $INTU Shares Purchased by Rathbones Group PLC

Key Points

• Rathbones Group PLC raised its stake in Intuit by 2.5% to 321,555 shares (about 0.12% of the company), valued at roughly $219.6 million.
• Insider selling has been heavy: CEO Sasan Goodarzi sold 41,000 shares for about $26.65 million (reducing his holding by ~75%), the CFO also sold shares, and insiders have sold 269,596 shares worth $178.1 million over the past three months (insiders now own ~2.49%).
• Fundamentals and catalysts: Intuit beat Q2 expectations (EPS $4.15 vs. $3.68; revenue $4.65B, +17% y/y), set upbeat Q3/FY26 guidance and unveiled a partnership with Anthropic on AI agents, while analysts hold a consensus "Moderate Buy" with a $642.32 target amid some recent price‑target trims.

Rathbones Group PLC raised its holdings in Intuit Inc. (NASDAQ:INTU - Free Report) by 2.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 321,555 shares of the software maker's stock after buying an additional 7,852 shares during the period. Rathbones Group PLC owned about 0.12% of Intuit worth $219,593,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of INTU. Brighton Jones LLC lifted its stake in Intuit by 61.3% during the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker's stock worth $2,233,000 after purchasing an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in Intuit by 145.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker's stock valued at $511,000 after purchasing an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. acquired a new stake in Intuit during the first quarter worth approximately $785,564,000. Sivia Capital Partners LLC lifted its position in shares of Intuit by 23.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker's stock worth $698,000 after buying an additional 166 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of Intuit by 20.6% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 954 shares of the software maker's stock worth $751,000 after buying an additional 163 shares during the last quarter. 83.66% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Intuit

In related news, CFO Sandeep Aujla sold 1,335 shares of the firm's stock in a transaction dated 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 in the company, valued at $337,390.56. This trade represents a 71.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the company's stock in a transaction dated 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 transaction, the chief executive officer owned 13,611 shares in the company, valued at $8,848,511.10. The trade was a 75.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 269,596 shares of company stock worth $178,119,764 over the last three months. 2.49% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

INTU has been the topic of a number of recent analyst reports. Oppenheimer dropped their target price on shares of Intuit from $696.00 to $558.00 and set an "outperform" rating on the stock in a research report on Friday, February 27th. BMO Capital Markets reduced their price target on shares of Intuit from $624.00 to $550.00 and set an "outperform" rating for the company in a research report on Friday, February 27th. Independent Research set a $875.00 price objective on shares of Intuit in a research note on Tuesday, November 18th. Northcoast Research raised Intuit from a "neutral" rating to a "buy" rating and set a $575.00 price objective on the stock in a report on Friday. Finally, JPMorgan Chase & Co. cut their price target on Intuit from $750.00 to $605.00 and set an "overweight" rating on the stock in a research report on Friday, February 27th. One equities research 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 given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $642.32.

Key Intuit News

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

Intuit Stock Up 3.1%

Intuit stock opened at $481.17 on Friday. The stock's 50 day moving average price is $503.41 and its 200 day moving average price is $608.18. Intuit Inc. has a 1-year low of $349.00 and a 1-year high of $813.70. The company has a market cap of $133.07 billion, a PE ratio of 31.16, a price-to-earnings-growth ratio of 1.93 and a beta of 1.26. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32.

Intuit (NASDAQ:INTU - Get Free Report) last released 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. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The firm had revenue of $4.65 billion during the quarter, compared to analysts' expectations of $4.53 billion. During the same quarter in the prior year, the business posted $3.32 earnings per share. Intuit's revenue was up 17.4% compared to the same quarter last year. 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, sell-side analysts predict that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Thursday, April 9th. Intuit's dividend payout ratio (DPR) is currently 31.09%.

Intuit Company 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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