Intuit (NASDAQ:INTU) Director Sells $99,117.45 in Stock

Key Points

• Intuit director Richard Dalzell sold 333 shares on June 9 for about $99,117.45 at an average price of $297.65 per share. The transaction was made under a pre-arranged Rule 10b5-1 plan, and he still owns 12,997 shares.
• Intuit recently posted solid quarterly results, with EPS of $12.80 beating expectations and revenue of $8.56 billion edging past estimates. The company also raised guidance for Q4 2026 and FY 2026.
• Analyst sentiment remains generally positive but cautious, with the stock carrying a “Moderate Buy” rating and an average target price of $514.58, even as several firms cut their price targets. The shares have fallen sharply and traded near $276.91, well below their recent averages and 52-week high.

Intuit Inc. (NASDAQ:INTU - Get Free Report) Director Richard Dalzell sold 333 shares of the business's stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $297.65, for a total value of $99,117.45. Following the completion of the sale, the director owned 12,997 shares of the company's stock, valued at $3,868,557.05. This trade represents a 2.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intuit Stock Performance

Shares of NASDAQ INTU traded down $7.31 during trading on Thursday, reaching $276.91. The stock had a trading volume of 6,114,929 shares, compared to its average volume of 4,285,370. Intuit Inc. has a one year low of $273.27 and a one year high of $813.70. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. The stock has a market cap of $75.75 billion, a PE ratio of 16.77, a P/E/G ratio of 1.08 and a beta of 0.98. The firm's 50 day moving average price is $369.69 and its two-hundred day moving average price is $478.11.

Intuit (NASDAQ:INTU - Get Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, beating analysts' consensus estimates of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The business had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. During the same period in the previous year, the business earned $11.65 EPS. The business's quarterly revenue was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. On average, research analysts forecast that Intuit Inc. will post 18.18 earnings per share for the current fiscal year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be given a dividend of $1.20 per share. The ex-dividend date is Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.7%. Intuit's payout ratio is currently 29.07%.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Jefferies Financial Group reduced their price target on Intuit from $650.00 to $550.00 and set a "buy" rating for the company in a research report on Thursday, May 21st. Mizuho cut their price objective on Intuit from $600.00 to $500.00 and set an "outperform" rating for the company in a report on Tuesday, May 26th. Weiss Ratings upgraded Intuit from a "sell (d+)" rating to a "hold (c-)" rating in a report on Wednesday, May 27th. Erste Group Bank upgraded Intuit to a "hold" rating in a report on Monday, April 27th. Finally, Northcoast Research cut their price objective on Intuit from $575.00 to $465.00 and set a "buy" rating for the company in a report on Thursday, May 21st. Twenty-four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Intuit presently has an average rating of "Moderate Buy" and an average target price of $514.58.

Institutional Investors Weigh In On Intuit

A number of institutional investors and hedge funds have recently modified their holdings of INTU. Joseph Group Capital Management acquired a new stake in shares of Intuit during the fourth quarter worth $25,000. Intesa Sanpaolo Wealth Management acquired a new stake in shares of Intuit during the fourth quarter worth $25,000. HHM Wealth Advisors LLC raised its position in shares of Intuit by 75.0% during the first quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker's stock worth $30,000 after purchasing an additional 30 shares during the period. Whipplewood Advisors LLC acquired a new stake in shares of Intuit during the first quarter worth $30,000. Finally, CrossGen Wealth LLC acquired a new stake in shares of Intuit during the first quarter worth $32,000. 83.66% of the stock is owned by institutional investors and hedge funds.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit launched new QuickBooks Payroll tools and services in the UK, adding to its small-business product lineup and supporting its international growth strategy. Intuit launches new QuickBooks Payroll tools and services to help UK businesses pay their teams with confidence
• Positive Sentiment: Some analysts and commentators continue to argue the selloff may be overdone, pointing to solid fundamentals and potential deep-value appeal after the stock’s sharp decline. Here’s Why Intuit Inc. (INTU) is One of the Best Deep Value Stocks to Invest in Now
• Neutral Sentiment: Intuit’s Q3 2026 earnings call transcript circulated, keeping investors focused on management’s commentary around growth, margins, and the company’s response to current headwinds. Intuit Reports Q3 2026 Results: Full Earnings Call Transcript
• Neutral Sentiment: Intuit also drew more attention from investors and search activity, which can add volatility but does not by itself change the business outlook. Investors Heavily Search Intuit Inc. (INTU): Here is What You Need to Know
• Negative Sentiment: Two law firms announced investigations into Intuit, including claims tied to pricing issues and possible securities fraud, adding legal overhang after the stock’s recent weakness. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Intuit, Inc. - INTU
• Negative Sentiment: Market commentary also pointed to skepticism that Intuit can fully monetize AI without disruption to its existing products, especially TurboTax and other core offerings. Intuit (INTU) Slid Amid Market Skepticism Over AI Monetization and Disruption
• Negative Sentiment: Reports that Intuit issued new debt and continued cost cuts and layoffs have reinforced concerns about margin pressure, pricing scrutiny, and the need to defend its AI transition. Intuit (INTU) Is Down 8.8% After Leveraging New Debt Amid AI Shifts And Cost Cuts – Has The Bull Case Changed?

About Intuit

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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