Martingale Asset Management L P Decreases Position in Intuit Inc. $INTU

Martingale Asset Management L P lessened its position in Intuit Inc. (NASDAQ:INTU) by 6.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 47,121 shares of the software maker’s stock after selling 3,292 shares during the period. Intuit comprises about 0.8% of Martingale Asset Management L P’s investment portfolio, making the stock its 23rd biggest holding. Martingale Asset Management L P’s holdings in Intuit were worth $32,179,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Tortoise Investment Management LLC raised its holdings in Intuit by 540.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after acquiring an additional 27 shares during the last quarter. Sagard Holdings Management Inc. bought a new position in Intuit in the 2nd quarter valued at approximately $28,000. MTM Investment Management LLC boosted its stake in Intuit by 135.0% during the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after purchasing an additional 27 shares during the last quarter. Total Investment Management Inc. purchased a new stake in Intuit during the 2nd quarter valued at $33,000. Finally, Kilter Group LLC bought a new stake in shares of Intuit in the 2nd quarter worth $35,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Insider Buying and Selling at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the transaction, the director owned 13,253 shares in the company, valued at $5,836,621.20. This represents a 2.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Scott D. Cook sold 1,402 shares of the firm’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total transaction of $936,564.04. Following the completion of the transaction, the director directly owned 5,668,182 shares in the company, valued at approximately $3,786,458,939.64. The trade was a 0.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 120,501 shares of company stock worth $79,983,892 over the last 90 days. 2.49% of the stock is owned by company insiders.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Q4 results and guidance remain supportive — Intuit reported better‑than‑expected Q4 earnings and gave FY/Q3 guidance that indicates continued high-margin growth, which underpins the company’s cash flow and longer‑term valuation. Q4 Earnings Outperformers: Intuit (NASDAQ:INTU)
• Positive Sentiment: Strategic AI partnership with Anthropic — Intuit and Anthropic are rolling out AI financial agents that combine Intuit’s proprietary financial data with advanced Claude models; this could accelerate product differentiation and retention across consumer and small‑business offerings. Intuit (INTU), Anthropic Partner to Launch AI Financial Agents
• Positive Sentiment: Analyst upgrade — Rothschild & Co Redburn upgraded Intuit, which may support sentiment among institutional holders. Intuit (NASDAQ:INTU) Stock Rating Upgraded by Rothschild & Co Redburn
• Neutral Sentiment: Market/valuation focus amid share weakness — coverage is highlighting that recent price weakness is a function of valuation resetting and AI uncertainty rather than a single company-specific miss; this is keeping volatility elevated as investors re‑price growth optionality. Assessing Intuit (INTU) Valuation After Recent Share Price Weakness
• Neutral Sentiment: Retail/investor attention has increased — several trend and “what to know” pieces summarize catalysts and risks, which can boost trading volume but don’t change fundamentals by themselves. Here is What to Know Beyond Why Intuit Inc. (INTU) is a Trending Stock
• Negative Sentiment: Insider selling disclosed — Director Richard Dalzell sold small blocks of stock recently (two filings at ~$474 and ~$440 per share), which may be viewed negatively by some investors even though the sales are modest relative to total holdings. Richard L. Dalzell insider sale filings
• Negative Sentiment: Bearish technical/structural and valuation takes — several analysts and commentary pieces argue the stock faces structural/technical headwinds and that volatility/valuation risk could lead to further downside, which pressures sentiment and selling. Intuit Stock Faces Structural Trouble Despite Optimistic Calls
• Negative Sentiment: Calls to brace for more downside — opinion pieces note that despite solid revenue growth, AI uncertainty and stretched prior valuation could produce additional share‑price volatility. Intuit Stock Has Been Crushed This Year. How Much Further Could It Fall?

Intuit Stock Performance

INTU stock opened at $435.13 on Friday. The company has a market cap of $120.34 billion, a P/E ratio of 28.18, a price-to-earnings-growth ratio of 1.77 and a beta of 1.26. Intuit Inc. has a 1 year low of $349.00 and a 1 year high of $813.70. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The stock’s fifty day moving average price is $486.10 and its 200-day moving average price is $602.18.

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 company had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.Intuit’s revenue was up 17.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.32 earnings per share. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, equities analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Announces Dividend

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

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Evercore restated an “outperform” rating and issued a $875.00 price target on shares of Intuit in a research note on Tuesday, November 18th. BMO Capital Markets dropped their price objective on Intuit from $624.00 to $550.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Oppenheimer reduced their price objective on Intuit from $696.00 to $558.00 and set an “outperform” rating for the company in a report on Friday, February 27th. Wolfe Research set a $550.00 target price on Intuit and gave the stock an “outperform” rating in a research report on Thursday. Finally, TD Cowen lowered their target price on shares of Intuit from $658.00 to $633.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Intuit presently has a consensus rating of “Moderate Buy” and a consensus target price of $634.26.

Intuit 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.