Rep. Lisa C. McClain Purchases Shares of Intuit Inc. (NASDAQ:INTU)

Key Points

• Representative Lisa C. McClain purchased between $1,001 and $15,000 in Intuit shares on June 17th, as disclosed in a filing on August 13th.
• Intuit's stock has a market capitalization of $195.03 billion and reported a significant increase in revenue and EPS in its latest quarterly earnings.
• Several analysts have raised their price targets on Intuit shares, with the consensus rating being a "Moderate Buy" and an average target price of $809.86.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Intuit Inc. NASDAQ: INTU. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Intuit stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Intuit Trading Down 0.6%

Shares of Intuit stock traded down $3.7450 on Monday, hitting $658.9150. 1,162,186 shares of the company's stock traded hands, compared to its average volume of 1,804,931. Intuit Inc. has a one year low of $532.65 and a one year high of $813.70. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.36 and a quick ratio of 1.45. The company has a fifty day moving average of $757.08 and a two-hundred day moving average of $675.53. The company has a market capitalization of $183.80 billion, a price-to-earnings ratio of 47.93, a price-to-earnings-growth ratio of 2.55 and a beta of 1.28.

Intuit (NASDAQ:INTU - Get Free Report) last announced its quarterly earnings results on Thursday, August 21st. The software maker reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.66 by $0.09. The business had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.75 billion. Intuit had a return on equity of 22.72% and a net margin of 20.55%.The company's quarterly revenue was up 20.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.99 earnings per share. Intuit has set its Q1 2026 guidance at 3.050-3.120 EPS. FY 2026 guidance at 22.980-23.180 EPS. As a group, sell-side analysts expect that Intuit Inc. will post 14.09 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently commented on INTU shares. The Goldman Sachs Group increased their price objective on Intuit from $750.00 to $860.00 and gave the stock a "buy" rating in a research note on Monday, May 19th. CLSA started coverage on Intuit in a research note on Thursday, June 26th. They issued an "outperform" rating and a $900.00 price objective for the company. Wall Street Zen raised Intuit from a "hold" rating to a "buy" rating in a research note on Tuesday, April 29th. Zacks Research downgraded Intuit from a "strong-buy" rating to a "hold" rating in a research note on Thursday. Finally, Jefferies Financial Group set a $850.00 price objective on Intuit and gave the stock a "buy" rating in a research note on Friday, May 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $797.62.

Hedge Funds Weigh In On Intuit

A number of large investors have recently made changes to their positions in the stock. KMG Fiduciary Partners LLC boosted its holdings in shares of Intuit by 1.8% in the second quarter. KMG Fiduciary Partners LLC now owns 771 shares of the software maker's stock worth $607,000 after acquiring an additional 14 shares during the period. Pinnacle Bancorp Inc. boosted its holdings in shares of Intuit by 3.9% in the second quarter. Pinnacle Bancorp Inc. now owns 376 shares of the software maker's stock worth $296,000 after acquiring an additional 14 shares during the period. Weaver Capital Management LLC boosted its holdings in shares of Intuit by 1.3% in the second quarter. Weaver Capital Management LLC now owns 1,127 shares of the software maker's stock worth $888,000 after acquiring an additional 14 shares during the period. May Hill Capital LLC boosted its holdings in shares of Intuit by 4.2% in the second quarter. May Hill Capital LLC now owns 345 shares of the software maker's stock worth $272,000 after acquiring an additional 14 shares during the period. Finally, Peloton Wealth Strategists boosted its stake in Intuit by 0.3% during the first quarter. Peloton Wealth Strategists now owns 4,414 shares of the software maker's stock valued at $2,710,000 after buying an additional 15 shares during the period. 83.66% of the stock is owned by institutional investors.

Insider Activity at Intuit

In related news, EVP Mark P. Notarainni sold 1,147 shares of Intuit stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $773.90, for a total transaction of $887,663.30. Following the completion of the sale, the executive vice president owned 19 shares of the company's stock, valued at approximately $14,704.10. This trade represents a 98.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $768.43, for a total value of $255,887.19. Following the sale, the director directly owned 15,474 shares of the company's stock, valued at $11,890,685.82. This represents a 2.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 279,800 shares of company stock valued at $209,725,054 in the last ninety days. 2.68% of the stock is currently owned by corporate insiders.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Intuit

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.