Proficio Capital Partners LLC Has $734,000 Stock Holdings in Intuit Inc. $INTU

Proficio Capital Partners LLC boosted its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 481.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,814 shares of the software maker’s stock after buying an additional 2,330 shares during the period. Proficio Capital Partners LLC’s holdings in Intuit were worth $734,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of INTU. Rakuten Investment Management Inc. grew its stake in shares of Intuit by 522.3% in the 4th quarter. Rakuten Investment Management Inc. now owns 51,697 shares of the software maker’s stock valued at $34,852,000 after buying an additional 43,389 shares in the last quarter. Bank of New York Mellon Corp raised its position in Intuit by 20.3% during the fourth quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock valued at $1,848,954,000 after acquiring an additional 471,451 shares in the last quarter. Vestcor Inc lifted its stake in Intuit by 79.1% in the fourth quarter. Vestcor Inc now owns 20,717 shares of the software maker’s stock valued at $13,723,000 after acquiring an additional 9,148 shares during the last quarter. Janney Montgomery Scott LLC grew its position in Intuit by 119.5% in the first quarter. Janney Montgomery Scott LLC now owns 86,618 shares of the software maker’s stock worth $37,452,000 after acquiring an additional 47,148 shares in the last quarter. Finally, Beacon Pointe Advisors LLC bought a new stake in Intuit in the second quarter worth approximately $1,643,000. 83.66% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Intuit

In other Intuit news, Director Richard L. Dalzell sold 284 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total value of $74,498.88. Following the sale, the director directly owned 11,758 shares in the company, valued at $3,084,358.56. This trade represents a 2.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the transaction, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at $564,167.12. This represents a 35.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,146 shares of company stock valued at $662,666 over the last three months. 2.49% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on INTU. Deutsche Bank Aktiengesellschaft cut their price target on shares of Intuit from $530.00 to $425.00 and set a “buy” rating on the stock in a report on Wednesday, August 19th. Northcoast Research cut their target price on Intuit from $575.00 to $465.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. Susquehanna reduced their price target on Intuit from $427.00 to $415.00 and set a “positive” rating for the company in a research report on Wednesday, August 26th. UBS Group set a $370.00 price objective on Intuit in a report on Thursday, August 27th. Finally, Stifel Nicolaus set a $300.00 price objective on Intuit in a research note on Wednesday, August 26th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $434.68.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Management’s fiscal 2027 outlook calls for approximately 9%–10% growth, while the CEO highlighted acquisitions as a priority. Intuit’s latest quarterly results also exceeded analyst expectations for revenue and earnings, supporting the company’s growth narrative. Intuit Q4 2026 Earnings Call Transcript
• Positive Sentiment: Credit Karma remains a key growth engine, with expansion into additional financial categories and deeper TurboTax integration potentially supporting sustained double-digit growth. Intuit’s Credit Karma Expands Reach
• Positive Sentiment: Intuit launched an integration with AI startup Perplexity, bringing QuickBooks and Mailchimp capabilities into Perplexity’s agentic AI assistant. The partnership could improve Intuit’s exposure to emerging AI-driven workflows. Intuit and Perplexity Team on AI Integrations
• Neutral Sentiment: Analysts remain cautiously optimistic, but recent commentary questions whether Intuit’s valuation is justified by its fiscal 2027 guidance, dividend increase and planned share repurchases. Can Intuit Justify Its Valuation?
• Negative Sentiment: Multiple law firms announced or promoted securities lawsuits against Intuit and certain officers. The complaints allege that investors were misled about generative AI risks, TurboTax growth and Mailchimp performance; these are allegations, not proven findings. The September 8 deadline for investors to seek lead-plaintiff status is generating additional negative attention. Pomerantz Class Action Announcement

Intuit Stock Down 4.0%

INTU stock opened at $344.93 on Wednesday. The stock has a market capitalization of $94.35 billion, a price-to-earnings ratio of 20.90, a price-to-earnings-growth ratio of 0.93 and a beta of 0.98. The company has a 50-day moving average of $311.12 and a two-hundred day moving average of $355.31. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $705.08. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 1.45.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The business had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same period in the previous year, the company posted $2.75 earnings per share. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, equities research analysts anticipate that Intuit Inc. will post 23.07 EPS for the current year.

Intuit Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be issued a dividend of $1.38 per share. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.6%. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date is Thursday, October 8th. Intuit’s dividend payout ratio is presently 29.09%.

About Intuit

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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.