Jensen Investment Management Inc. Sells 91,467 Shares of Intuit Inc. $INTU

Key Points

• Jensen Investment Management trimmed its Intuit stake by 14.6%, selling 91,467 shares in Q3 and now holds 536,978 shares (about 0.19% of INTU) worth roughly $366.7 million, with institutional investors owning 83.66% of the stock.
• Significant insider selling: CEO Sasan Goodarzi sold 41,000 shares for about $26.65 million on Jan. 7, and insiders have offloaded 388,464 shares (~$255.5 million) over the past 90 days, leaving insiders with 2.49% ownership.
• Mixed market signals: INTU shares have pulled back (recently down ~3.7%), some analysts have cut price targets (e.g., BMO, TD Cowen) despite a consensus "Moderate Buy" and average target near $772, while positive catalysts like Mailchimp product rollouts and public endorsements add countervailing support.

Jensen Investment Management Inc. lessened its position in Intuit Inc. (NASDAQ:INTU - Free Report) by 14.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 536,978 shares of the software maker's stock after selling 91,467 shares during the period. Intuit comprises approximately 4.6% of Jensen Investment Management Inc.'s holdings, making the stock its 7th biggest holding. Jensen Investment Management Inc. owned about 0.19% of Intuit worth $366,708,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in INTU. May Hill Capital LLC increased its holdings in shares of Intuit by 4.2% during the second quarter. May Hill Capital LLC now owns 345 shares of the software maker's stock worth $272,000 after buying an additional 14 shares in the last quarter. Telos Capital Management Inc. increased its holdings in Intuit by 2.6% during the 2nd quarter. Telos Capital Management Inc. now owns 585 shares of the software maker's stock valued at $461,000 after purchasing an additional 15 shares in the last quarter. Mcrae Capital Management Inc. raised its position in Intuit by 0.7% in the 2nd quarter. Mcrae Capital Management Inc. now owns 2,187 shares of the software maker's stock valued at $1,723,000 after purchasing an additional 15 shares during the last quarter. Fort Sheridan Advisors LLC raised its position in Intuit by 2.1% in the 2nd quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker's stock valued at $569,000 after purchasing an additional 15 shares during the last quarter. Finally, BetterWealth LLC boosted its stake in Intuit by 3.8% in the third quarter. BetterWealth LLC now owns 412 shares of the software maker's stock worth $281,000 after purchasing an additional 15 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company's stock.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: CNBC personality and market influencer Jim Cramer publicly said he would buy Intuit "right here, right now," which can attract retail buying and short‑term demand. Jim Cramer on Intuit: “I’d Be a Buyer Right Here, Right Now”
• Positive Sentiment: Strategists at major banks say recent software weakness from AI disruption fears creates a buying opportunity for high‑quality names—an argument that supports a rebound thesis for Intuit given its recurring revenue and market position. AI disruption fears create buying chance in US software stocks, strategists say
• Positive Sentiment: Analyst and commentary pieces (Seeking Alpha) are framing the large pullback as an attractive entry after an AI‑driven selloff, arguing Intuit's fundamentals and regulated footprint make it resilient—this can support medium‑term investor interest. Intuit: Finally Attractive After AI-Driven 50% Selloff (Rating Upgrade)
• Positive Sentiment: Product development: Mailchimp enhancements and expanded SMS/automation rolls out to many international markets, supporting cross‑sell and revenue growth in Intuit’s commerce/marketing businesses. Product news helps the growth narrative. Intuit Mailchimp unlocks a new era of profitable ecommerce marketing
• Neutral Sentiment: Market breadth: The Nasdaq rebound and improved Fear & Greed index indicate broader sentiment may stabilize, which could help software names if the rally continues. Nasdaq Jumps Over 200 Points As Software Stocks Rebound
• Neutral Sentiment: Short interest data reported appears anomalous (shows 0 shares / NaN change and 0 days‑to‑cover); no clear sign of elevated short pressure from the available report. (Treat the metric as unreliable until clarified.)
• Negative Sentiment: Analyst price‑target cuts from BMO (810 → 624) and TD Cowen (802 → 658) reduced upside expectations despite both keeping buy/outperform stances; downward revisions signal lower near‑term model assumptions and weigh on sentiment. INTU price target lowered at BMO Capital TD Cowen adjusts price target on Intuit
• Negative Sentiment: Short‑term price action: commentary notes Intuit fell more than the broader market on the latest down day, reflecting concentrated selling pressure and sector rotation away from expensive software names. Intuit (INTU) Suffers a Larger Drop Than the General Market

Insiders Place Their Bets

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of Intuit 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Scott D. Cook sold 1,402 shares of the business's stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total transaction of $936,564.04. Following the completion of the sale, the director directly owned 5,668,182 shares in the company, valued at approximately $3,786,458,939.64. This represents a 0.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 388,464 shares of company stock valued at $255,514,393 over the last ninety days. 2.49% of the stock is owned by insiders.

Intuit Stock Down 3.7%

Shares of NASDAQ INTU opened at $421.39 on Wednesday. Intuit Inc. has a 52-week low of $411.11 and a 52-week high of $813.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. The stock has a market cap of $117.26 billion, a P/E ratio of 28.80, a P/E/G ratio of 1.79 and a beta of 1.24. The firm has a 50 day moving average price of $598.12 and a 200 day moving average price of $651.37.

Intuit (NASDAQ:INTU - Get Free Report) last posted its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, topping the consensus estimate of $3.09 by $0.25. The company had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The business's revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period last year, the business posted $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Analysts expect that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Friday, January 9th were issued a dividend of $1.20 per share. The ex-dividend date was Friday, January 9th. This represents a $4.80 annualized dividend and a yield of 1.1%. Intuit's payout ratio is currently 32.81%.

Analyst Ratings Changes

A number of research analysts recently issued reports on INTU shares. Wells Fargo & Company reaffirmed an "equal weight" rating and issued a $700.00 price target (down from $840.00) on shares of Intuit in a report on Thursday, January 8th. BMO Capital Markets dropped their target price on shares of Intuit from $810.00 to $624.00 and set an "outperform" rating for the company in a research note on Tuesday. Daiwa Securities Group increased their price target on shares of Intuit from $770.00 to $800.00 and gave the company a "buy" rating in a research note on Wednesday, November 26th. Wall Street Zen raised shares of Intuit from a "hold" rating to a "buy" rating in a report on Sunday, January 11th. Finally, Oppenheimer reduced their price objective on Intuit from $868.00 to $696.00 and set an "outperform" rating on the stock in a report on Tuesday, February 3rd. Twenty-two analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $772.42.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.