ShawSpring Partners LLC Trims Stake in Intuit Inc. $INTU

Key Points

• ShawSpring Partners trimmed its Intuit stake by 17.6%, selling 24,454 shares and ending the quarter with 114,369 shares worth about $78.1 million, making INTU its fourth-largest holding at ~11.6% of the fund.
• Company insiders have been net sellers recently: CFO Sandeep Aujla and CEO Sasan Goodarzi disposed of sizable positions (Aujla 1,335 shares; Goodarzi 41,000 shares), with insiders selling a total of 120,501 shares (~$80.0M) in the last 90 days (insiders now own 2.49%).
• Intuit beat the latest quarter (EPS $4.15 vs. $3.68 est.; revenue $4.65B, +17.4% YoY) but issued softer near‑term guidance that triggered a post‑earnings pullback and several analyst price‑target cuts; the consensus rating is a Moderate Buy with a ~$634 target.

ShawSpring Partners LLC trimmed its position in Intuit Inc. (NASDAQ:INTU - Free Report) by 17.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 114,369 shares of the software maker's stock after selling 24,454 shares during the quarter. Intuit accounts for approximately 11.6% of ShawSpring Partners LLC's holdings, making the stock its 4th biggest holding. ShawSpring Partners LLC's holdings in Intuit were worth $78,104,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of INTU. Tortoise Investment Management LLC grew its stake in shares of Intuit by 540.0% in the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker's stock worth $25,000 after acquiring an additional 27 shares during the period. Sagard Holdings Management Inc. bought a new stake in shares of Intuit in the 2nd quarter worth about $28,000. Total Investment Management Inc. bought a new stake in Intuit in the second quarter worth about $33,000. Kilter Group LLC purchased a new position in Intuit during the 2nd quarter valued at $35,000. Finally, MTM Investment Management LLC boosted its stake in shares of Intuit by 135.0% during the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker's stock valued at $32,000 after purchasing an additional 27 shares during the period. Institutional investors own 83.66% of the company's stock.

Insiders Place Their Bets

In related news, CFO Sandeep Aujla sold 1,335 shares of the company's stock in a transaction on Monday, January 5th. The shares were sold at an average price of $629.46, for a total transaction of $840,329.10. Following the completion of the sale, the chief financial officer directly owned 536 shares of the company's stock, valued at approximately $337,390.56. This represents a 71.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the company's stock in a transaction that occurred on 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. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 120,501 shares of company stock valued at $79,983,892 in the last 90 days. Insiders own 2.49% of the company's stock.

Intuit Stock Performance

Shares of INTU stock opened at $435.13 on Friday. The stock has a 50 day simple moving average of $486.10 and a 200-day simple moving average of $602.18. The company has a market cap of $120.34 billion, a price-to-earnings ratio of 28.18, a price-to-earnings-growth ratio of 1.77 and a beta of 1.26. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a 12-month low of $349.00 and a 12-month high of $813.70.

Intuit (NASDAQ:INTU - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping the consensus estimate of $3.68 by $0.47. The business had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The business's revenue for the quarter was up 17.4% compared to the same quarter last year. During the same period in the previous year, the firm 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. On average, equities analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, April 9th. Intuit's payout ratio is presently 31.09%.

Wall Street Analyst Weigh In

INTU has been the subject of several research reports. UBS Group lowered their target price on Intuit from $725.00 to $440.00 and set a "neutral" rating for the company in a report on Friday, February 27th. Royal Bank Of Canada lowered their target price on shares of Intuit from $850.00 to $600.00 and set an "outperform" rating for the company in a research note on Friday, February 27th. Argus dropped their price target on Intuit from $780.00 to $580.00 and set a "buy" rating on the stock in a research note on Wednesday, March 4th. Citigroup dropped their price target on Intuit from $803.00 to $649.00 and set a "buy" rating on the stock in a research note on Friday, February 27th. Finally, Wolfe Research set a $550.00 price target on Intuit and gave the company an "outperform" rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $634.26.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Partnership with Anthropic to build AI financial agents could accelerate product differentiation and monetization of Intuit’s proprietary financial data, supporting long‑term revenue growth. Intuit (INTU), Anthropic Partner to Launch AI Financial Agents
• Positive Sentiment: Analyst/market support: Rothschild & Co Redburn raised its rating on INTU, and high‑profile endorsements (e.g., Jim Cramer urging investors to hold) provide some investor confidence amid the pullback. Intuit Stock Rating Upgraded by Rothschild & Co Redburn Jim Cramer on Intuit
• Neutral Sentiment: Insider director Richard Dalzell sold small positions (two filings), which is notable but not large relative to his holdings; monitor for further insider activity. SEC Form 4 — Dalzell
• Neutral Sentiment: Several valuation and analyst pieces are re‑examining INTU after the recent share weakness; these provide balanced takes on forward multiples and risks but aren’t a single catalyst. Assessing Intuit Valuation Zacks — Trending Stock Notes
• Negative Sentiment: Investor sentiment shifted down after management set Q3 profit guidance below Wall Street, triggering post‑earnings selling despite a Q4 beat — this remains the primary near‑term driver of price weakness. Investor Sentiment Shifts Following Weak Earnings Guidance
• Negative Sentiment: Critical analysis and technical/structural warnings argue the stock may face further downside until visibility on growth re‑accelerates; these views add selling pressure. Intuit Stock Faces Structural Trouble
• Negative Sentiment: Market commentary noting the >30% decline from recent highs and “buy/sell/hold” debate increases volatility and may deter short‑term buyers until clearer guidance or execution improvements emerge. Buy, Sell, or Hold Post Q4 Earnings?

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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