Geneva Capital Management LLC Sells 1,605 Shares of Intuit Inc. $INTU

Geneva Capital Management LLC decreased its stake in shares of Intuit Inc. (NASDAQ:INTU) by 4.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 33,793 shares of the software maker’s stock after selling 1,605 shares during the period. Geneva Capital Management LLC’s holdings in Intuit were worth $23,077,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after buying an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after purchasing an additional 482 shares during the period. Nicholas Hoffman & Company LLC. purchased a new position in Intuit in the first quarter valued at approximately $785,564,000. Sivia Capital Partners LLC lifted its stake in Intuit by 23.1% in the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after purchasing an additional 166 shares during the last quarter. Finally, Florida Financial Advisors LLC increased its position in Intuit by 12.2% in the second quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after buying an additional 51 shares during the last quarter. 83.66% of the stock is owned by hedge funds and other institutional investors.

Intuit Stock Performance

Intuit stock opened at $440.45 on Thursday. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. The firm has a 50-day moving average of $490.65 and a 200-day moving average of $603.35. The firm has a market cap of $121.81 billion, a P/E ratio of 28.53, a P/E/G ratio of 1.82 and a beta of 1.26. Intuit Inc. has a 1-year low of $349.00 and a 1-year high of $813.70.

Intuit (NASDAQ:INTU) last issued 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 during 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 company’s revenue for the quarter was up 17.4% on a year-over-year basis. During the same period in the prior year, the business 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. Sell-side analysts expect that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Announces Dividend

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

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Jim Cramer publicly urged investors to “stick with” Intuit, reiterating confidence after management’s recent appearance and strong quarterly results. Jim Cramer on Intuit: “You Stick With That One, It’s Going to Go Higher”
• Positive Sentiment: Rothschild & Co Redburn upgraded Intuit from Neutral to Buy and raised its price target, citing resilience of core software versus AI disruption — a vote of confidence from a sell‑side shop. Redburn upgrades Intuit saying core software resilient to AI disruption
• Positive Sentiment: Coverage of Q4 earnings places Intuit among outperformers in the finance/HR software cohort — highlighting the company’s revenue and EPS beat and continued product adoption. Q4 Earnings Outperformers: Intuit And The Rest Of The Finance and HR Software Stocks
• Neutral Sentiment: Analyst fair‑value estimates have been trimmed (recent notes move mid‑range targets into ~$500–$600), reflecting elevated AI risk and tax‑season exposure; this is a valuation re‑balancing rather than a change to the growth story. How The Intuit (INTU) Investment Story Is Shifting With AI Risks And Lower Targets
• Neutral Sentiment: Short interest fell ~19.5% in February to ~6.69M shares (≈2.5% of float), lowering days‑to‑cover — a technical datapoint that can reduce short‑squeeze risk. (No link)
• Negative Sentiment: Opinion pieces and technical studies warn Intuit faces structural/technical trouble after a >50% decline since July 2025, flagging potential further downside if the chart pattern and momentum don’t stabilize. Intuit Stock Faces Structural Trouble Despite Optimistic Calls
• Negative Sentiment: Coverage from The Motley Fool highlights AI uncertainty and valuation risk despite solid underlying growth, cautioning investors to expect continued volatility. Intuit Stock Has Been Crushed This Year. How Much Further Could It Fall?
• Negative Sentiment: Market commentary points to investor re‑pricing tied to Intuit’s tax‑season quarter guidance and planned higher customer‑acquisition/service spend; combined with heavy insider selling and notable institutional position reductions, this raises near‑term sentiment risk. Intuit slides as investors focus on tax-season outlook and spending plans

Insider Buying and Selling

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the sale, the chief executive officer owned 13,611 shares in the company, valued at approximately $8,848,511.10. The trade was a 75.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Scott D. Cook sold 1,402 shares of the business’s stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total transaction of $936,564.04. Following the sale, the director directly owned 5,668,182 shares in the company, valued at $3,786,458,939.64. The trade was a 0.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 119,835 shares of company stock valued at $79,679,393 over the last ninety days. Company insiders own 2.49% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Royal Bank Of Canada cut their price target on Intuit from $850.00 to $600.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Oppenheimer cut their price target on Intuit from $696.00 to $558.00 and set an “outperform” rating for the company in a report on Friday, February 27th. Wells Fargo & Company decreased their price objective on Intuit from $700.00 to $425.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 24th. Mizuho dropped their price objective on Intuit from $675.00 to $600.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. Finally, Argus dropped their price objective on Intuit from $780.00 to $580.00 and set a “buy” rating for the company in a research note on Wednesday, March 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $643.29.

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.