Martingale Asset Management L P Sells 3,292 Shares of Intuit Inc. $INTU

Key Points

• Martingale Asset Management trimmed its stake in Intuit by 6.5%, selling 3,292 shares and leaving it with 47,121 shares valued at about $32.18 million (0.8% of the firm's portfolio).
• Insider selling has been notable—Director Scott D. Cook sold 75,000 shares for roughly $50.5 million, and insiders disposed of 120,501 shares (~$79.98 million) in the last 90 days.
• Intuit recently beat Q4 estimates (EPS $4.15 vs. $3.68), raised guidance and announced an AI partnership with Anthropic, while analysts maintain a consensus of "Moderate Buy" with a $634.26 average target.

Martingale Asset Management L P cut its holdings in shares of Intuit Inc. (NASDAQ:INTU - Free Report) by 6.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 47,121 shares of the software maker's stock after selling 3,292 shares during the period. Intuit accounts for 0.8% of Martingale Asset Management L P's portfolio, making the stock its 23rd biggest position. Martingale Asset Management L P's holdings in Intuit were worth $32,179,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in INTU. Fort Sheridan Advisors LLC boosted its holdings in Intuit by 2.1% in the second quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker's stock valued at $569,000 after acquiring an additional 15 shares in the last quarter. BetterWealth LLC raised its holdings in Intuit by 3.8% in the 3rd 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. Sachetta LLC raised its holdings in Intuit by 23.8% in the 3rd quarter. Sachetta LLC now owns 78 shares of the software maker's stock worth $53,000 after purchasing an additional 15 shares in the last quarter. Clearstead Trust LLC lifted its position in shares of Intuit by 1.9% in the 2nd quarter. Clearstead Trust LLC now owns 862 shares of the software maker's stock worth $679,000 after purchasing an additional 16 shares during the period. Finally, Vance Wealth LLC lifted its position in shares of Intuit by 1.5% in the 2nd quarter. Vance Wealth LLC now owns 1,116 shares of the software maker's stock worth $879,000 after purchasing an additional 16 shares during the period. Institutional investors own 83.66% of the company's stock.

Insider Buying and Selling

In other news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the sale, the director directly owned 13,253 shares of the company's stock, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Scott D. Cook sold 75,000 shares of the stock in a transaction on Monday, December 29th. The stock was sold at an average price of $673.43, for a total value of $50,507,250.00. Following the completion of the sale, the director directly owned 5,669,584 shares in the company, valued at approximately $3,818,067,953.12. This represents a 1.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 120,501 shares of company stock worth $79,983,892 in the last 90 days. Corporate insiders own 2.49% of the company's stock.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Q4 results and guidance remain supportive — Intuit reported better‑than‑expected Q4 earnings and gave FY/Q3 guidance that indicates continued high-margin growth, which underpins the company's cash flow and longer‑term valuation. Q4 Earnings Outperformers: Intuit NASDAQ: INTU
• Positive Sentiment: Strategic AI partnership with Anthropic — Intuit and Anthropic are rolling out AI financial agents that combine Intuit’s proprietary financial data with advanced Claude models; this could accelerate product differentiation and retention across consumer and small‑business offerings. Intuit (INTU), Anthropic Partner to Launch AI Financial Agents
• Positive Sentiment: Analyst upgrade — Rothschild & Co Redburn upgraded Intuit, which may support sentiment among institutional holders. Intuit NASDAQ: INTU Stock Rating Upgraded by Rothschild & Co Redburn
• Neutral Sentiment: Market/valuation focus amid share weakness — coverage is highlighting that recent price weakness is a function of valuation resetting and AI uncertainty rather than a single company-specific miss; this is keeping volatility elevated as investors re‑price growth optionality. Assessing Intuit (INTU) Valuation After Recent Share Price Weakness
• Neutral Sentiment: Retail/investor attention has increased — several trend and “what to know” pieces summarize catalysts and risks, which can boost trading volume but don’t change fundamentals by themselves. Here is What to Know Beyond Why Intuit Inc. (INTU) is a Trending Stock
• Negative Sentiment: Insider selling disclosed — Director Richard Dalzell sold small blocks of stock recently (two filings at ~$474 and ~$440 per share), which may be viewed negatively by some investors even though the sales are modest relative to total holdings. Richard L. Dalzell insider sale filings
• Negative Sentiment: Bearish technical/structural and valuation takes — several analysts and commentary pieces argue the stock faces structural/technical headwinds and that volatility/valuation risk could lead to further downside, which pressures sentiment and selling. Intuit Stock Faces Structural Trouble Despite Optimistic Calls
• Negative Sentiment: Calls to brace for more downside — opinion pieces note that despite solid revenue growth, AI uncertainty and stretched prior valuation could produce additional share‑price volatility. Intuit Stock Has Been Crushed This Year. How Much Further Could It Fall?

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Rothschild & Co Redburn upgraded shares of Intuit from a "neutral" rating to a "buy" rating and boosted their price target for the company from $670.00 to $700.00 in a research report on Tuesday. The Goldman Sachs Group lowered their price objective on shares of Intuit from $720.00 to $519.00 and set a "neutral" rating for the company in a report on Friday, February 27th. Oppenheimer cut their price objective on Intuit from $696.00 to $558.00 and set an "outperform" rating on the stock in a research report on Friday, February 27th. Truist Financial initiated coverage on Intuit in a report on Tuesday, January 6th. They set a "buy" rating and a $739.00 target price on the stock. Finally, Stifel Nicolaus lowered their target price on Intuit from $800.00 to $500.00 and set a "buy" rating for the company in a research note on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $634.26.

Intuit Trading Down 1.2%

Shares of NASDAQ INTU opened at $435.13 on Friday. Intuit Inc. has a 1 year low of $349.00 and a 1 year high of $813.70. 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 firm has a 50-day moving average of $486.10 and a 200 day moving average of $602.18. The stock has a market cap of $120.34 billion, a P/E ratio of 28.18, a price-to-earnings-growth ratio of 1.77 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 for the quarter, topping analysts' consensus estimates of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The business had revenue of $4.65 billion for the quarter, compared to analysts' expectations of $4.53 billion. During the same quarter in the prior year, the company earned $3.32 earnings per share. The business'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. As a group, sell-side analysts expect 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. Investors of record on Thursday, April 9th will be paid a $1.20 dividend. The ex-dividend date is Thursday, April 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.1%. Intuit's dividend payout ratio is presently 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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