Vasant Prabhu Buys 1,250 Shares of Intuit (NASDAQ:INTU) Stock

Key Points

• Intuit director Vasant Prabhu bought 1,250 shares at an average price of $309.45 each, totaling about $386,813, according to an SEC filing.
• Intuit recently beat earnings expectations, reporting $12.80 EPS on $8.56 billion in revenue, while also issuing Q4 2026 and FY 2026 guidance.
• The stock has been volatile and pressured, trading near $304 and close to its 1-year low, even as analysts still hold a consensus rating of “Moderate Buy.”

Intuit Inc. (NASDAQ:INTU - Get Free Report) Director Vasant Prabhu purchased 1,250 shares of the business's stock in a transaction on Friday, May 22nd. The shares were bought at an average price of $309.45 per share, for a total transaction of $386,812.50. Following the purchase, the director directly owned 1,250 shares in the company, valued at $386,812.50. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Intuit Stock Performance

Shares of NASDAQ:INTU traded down $15.59 on Tuesday, hitting $304.35. 9,743,034 shares of the company were exchanged, compared to its average volume of 3,994,786. The firm has a market capitalization of $83.25 billion, a P/E ratio of 18.43, a price-to-earnings-growth ratio of 1.29 and a beta of 1.04. The company has a current ratio of 1.45, a quick ratio of 1.32 and a debt-to-equity ratio of 0.26. Intuit Inc. has a 1-year low of $302.36 and a 1-year high of $813.70. The stock's 50 day moving average price is $401.25 and its 200 day moving average price is $506.95.

Intuit (NASDAQ:INTU - Get Free Report) last released its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. During the same period in the prior year, the firm earned $11.65 EPS. The firm's 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. Sell-side analysts predict that Intuit Inc. will post 17.49 EPS for the current year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 9th will be paid a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Thursday, July 9th. Intuit's dividend payout ratio (DPR) is presently 29.07%.

Institutional Investors Weigh In On Intuit

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. NEOS Investment Management LLC grew its stake in Intuit by 63.8% in the 3rd quarter. NEOS Investment Management LLC now owns 121,516 shares of the software maker's stock valued at $82,984,000 after acquiring an additional 47,330 shares during the period. Varma Mutual Pension Insurance Co raised its position in Intuit by 8.7% during the third quarter. Varma Mutual Pension Insurance Co now owns 45,058 shares of the software maker's stock worth $30,771,000 after acquiring an additional 3,600 shares during the period. Nicholson Wealth Management Group LLC purchased a new position in Intuit during the third quarter valued at $1,465,000. Crossmark Global Holdings Inc. lifted its holdings in Intuit by 15.8% during the third quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker's stock valued at $32,526,000 after purchasing an additional 6,503 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its position in shares of Intuit by 50.3% in the third quarter. Hantz Financial Services Inc. now owns 31,871 shares of the software maker's stock valued at $21,765,000 after purchasing an additional 10,661 shares during the period. Institutional investors and hedge funds own 83.66% of the company's stock.

Analyst Upgrades and Downgrades

INTU has been the topic of several research reports. Erste Group Bank upgraded shares of Intuit to a "hold" rating in a report on Monday, April 27th. Guggenheim set a $633.00 price objective on shares of Intuit in a research note on Monday, March 16th. Weiss Ratings downgraded shares of Intuit from a "hold (c-)" rating to a "sell (d+)" rating in a report on Monday, May 11th. The Goldman Sachs Group reduced their target price 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. Finally, Rothschild & Co Redburn upgraded shares of Intuit from a "neutral" rating to a "buy" rating and boosted their target price for the company from $670.00 to $700.00 in a research report on Tuesday, March 10th. 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, the stock has a consensus rating of "Moderate Buy" and an average target price of $543.06.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Several recent market commentary pieces continue to frame Intuit as a quality long-term value and growth stock, with analysts remaining broadly bullish on the company’s fundamentals and cash-generating businesses like TurboTax and QuickBooks.
• Positive Sentiment: Zacks highlighted TurboTax’s strong FY26 run, pointing to assisted tax services, faster refunds, and expanding financial tools as growth drivers that could help support revenue momentum. Article Title
• Neutral Sentiment: Intuit’s latest earnings were solid, with revenue and EPS beating expectations, but the company also announced a 17% workforce reduction and a larger AI-focused restructuring effort, which created uncertainty around near-term costs and execution.
• Negative Sentiment: Investor concern increased after reports alleged TurboTax pricing issues and a shareholder law firm launched an investigation into whether Intuit misled investors, adding legal and reputational risk. Article Title
• Negative Sentiment: Separate coverage noted the stock has fallen sharply since the earnings report, with some analysts warning that the combination of pricing pressure, layoffs, and a heavy AI pivot may be weighing on sentiment.

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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