Intuit Inc. $INTU Position Boosted by Glenview Trust Co

Glenview Trust Co raised its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 639.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,520 shares of the software maker’s stock after acquiring an additional 16,015 shares during the period. Glenview Trust Co’s holdings in Intuit were worth $12,647,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Southeast Asset Advisors LLC boosted its holdings in Intuit by 129.4% during the third quarter. Southeast Asset Advisors LLC now owns 2,058 shares of the software maker’s stock worth $1,405,000 after buying an additional 1,161 shares in the last quarter. M&G PLC lifted its position in shares of Intuit by 13.1% during the 3rd quarter. M&G PLC now owns 86,435 shares of the software maker’s stock valued at $59,035,000 after acquiring an additional 10,016 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Intuit by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock worth $19,546,243,000 after acquiring an additional 914,024 shares in the last quarter. Capital Planning Advisors LLC grew its holdings in shares of Intuit by 12.1% in the 3rd quarter. Capital Planning Advisors LLC now owns 2,506 shares of the software maker’s stock worth $1,711,000 after acquiring an additional 271 shares during the last quarter. Finally, Phillips Wealth Planners LLC acquired a new stake in shares of Intuit during the third quarter worth $227,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Insider Buying and Selling at Intuit

In related news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total value of $219,763.35. Following the sale, the director owned 13,476 shares in the company, valued at approximately $8,893,486.20. This represents a 2.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Scott D. Cook sold 75,000 shares of the stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $673.43, for a total transaction of $50,507,250.00. Following the completion of the transaction, the director directly owned 5,669,584 shares in the company, valued at $3,818,067,953.12. The trade was a 1.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 388,464 shares of company stock worth $255,514,393. Company insiders own 2.49% of the company’s stock.

Intuit Trading Up 0.4%

Intuit stock opened at $399.40 on Tuesday. The business has a 50 day moving average price of $577.22 and a two-hundred day moving average price of $640.09. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. Intuit Inc. has a 12 month low of $389.32 and a 12 month high of $813.70. The stock has a market cap of $111.14 billion, a price-to-earnings ratio of 27.30, a price-to-earnings-growth ratio of 1.63 and a beta of 1.24.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.09 by $0.25. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The company had revenue of $3.87 billion during the quarter, compared to analysts’ expectations of $3.76 billion. During the same quarter in the prior year, the company posted $2.50 EPS. The business’s revenue was up 18.3% on a year-over-year basis. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, equities analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on INTU shares. Evercore reiterated an “outperform” rating and issued a $875.00 price target on shares of Intuit in a research report on Tuesday, November 18th. Weiss Ratings cut shares of Intuit from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 5th. Truist Financial initiated coverage on shares of Intuit in a research report on Tuesday, January 6th. They issued a “buy” rating and a $739.00 target price on the stock. Daiwa Securities Group boosted their price target on shares of Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $700.00 price objective (down previously from $840.00) on shares of Intuit in a research note on Thursday, January 8th. Twenty-two analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $772.42.

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.