Intuit (NASDAQ:INTU) Shares Unloaded Sen. Markwayne Mullin

Senator Markwayne Mullin (Republican-Oklahoma) recently sold shares of Intuit Inc. (NASDAQ:INTU). In a filing disclosed on March 10th, the Senator disclosed that they had sold between $15,001 and $50,000 in Intuit stock on February 25th.

Senator Markwayne Mullin also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of AutoZone (NYSE:AZO) on 2/25/2026.
• Purchased $50,001 – $100,000 in shares of UnitedHealth Group (NYSE:UNH) on 2/25/2026.
• Sold $15,001 – $50,000 in shares of MasTec (NYSE:MTZ) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 2/4/2026.
• Purchased $15,001 – $50,000 in shares of McKesson (NYSE:MCK) on 2/4/2026.
• Sold $1,001 – $15,000 in shares of Iron Mountain (NYSE:IRM) on 2/4/2026.
• Purchased $15,001 – $50,000 in shares of FirstCash (NASDAQ:FCFS) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of Dell Technologies (NYSE:DELL) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 2/4/2026.

Intuit Trading Up 0.7%

Shares of INTU traded up $2.87 during midday trading on Thursday, hitting $443.32. The stock had a trading volume of 753,741 shares, compared to its average volume of 4,220,954. The business has a 50-day simple moving average of $490.65 and a two-hundred day simple moving average of $603.35. The firm has a market cap of $122.60 billion, a P/E ratio of 28.81, a price-to-earnings-growth ratio of 1.82 and a beta of 1.26. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a fifty-two week low of $349.00 and a fifty-two week high of $813.70.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, beating the consensus estimate of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The business had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same quarter in the prior year, the firm earned $3.32 EPS. The firm’s quarterly revenue was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, equities analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

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

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Rothschild & Co Redburn upgraded INTU to Buy, citing that Intuit’s core software is among the most resilient to disruption from AI — a clear vote of confidence from a sell‑side shop that can support buying interest. Intuit (NASDAQ:INTU) Stock Rating Upgraded by Rothschild & Co Redburn
• Positive Sentiment: Intuit announced a multi‑year partnership with Anthropic to build AI financial agents using Claude models plus Intuit’s proprietary financial data — this product roadmap reduces execution risk around AI threats and supports longer‑term revenue/retention upside. Intuit (INTU), Anthropic Partner to Launch AI Financial Agents
• Positive Sentiment: High‑profile bullish commentary (Jim Cramer reiterated confidence) can boost retail demand and sentiment around INTU despite recent volatility. Jim Cramer on Intuit: “You Stick With That One, It’s Going to Go Higher”
• Neutral Sentiment: Zacks and other outlets flag Intuit as a trending stock — useful for volume/attention but not new fundamental information. Here is What to Know Beyond Why Intuit Inc. (INTU) is a Trending Stock
• Neutral Sentiment: Short interest fell sharply in February (fewer shares shorted), which lowers near‑term short‑squeeze risk but also reflects changing positioning after the stock’s decline. 5 Software Picks To Buy While The Market Panics
• Negative Sentiment: Several bearish commentaries highlight structural/technical risks (large YTD fall, technical-cycle concerns) and warn valuation/AI uncertainty could cause further downside — pressuring sentiment and analyst targets. Intuit Stock Faces Structural Trouble Despite Optimistic Calls
• Negative Sentiment: Analysis pieces argue the stock’s large decline and AI/valuation uncertainty justify caution — these narratives can amplify selling and keep price targets under pressure. Intuit Stock Has Been Crushed This Year. How Much Further Could It Fall?
• Negative Sentiment: Large institutional reweighting (notable Q4 reductions by some big holders) and mixed analyst target resets keep upside limited until visibility on tax‑season profitability and AI monetization improves. Intuit slides as investors focus on tax-season outlook and spending plans

Insider Buying and Selling

In other Intuit news, Director Scott D. Cook sold 1,402 shares of Intuit stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total value of $936,564.04. Following the completion of the sale, the director directly owned 5,668,182 shares of the company’s stock, valued at approximately $3,786,458,939.64. The trade was a 0.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the company’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 119,835 shares of company stock valued at $79,679,393 over the last 90 days. Company insiders own 2.49% of the company’s stock.

Institutional Inflows and Outflows

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

Analyst Ratings Changes

Several analysts have recently commented on the company. Mizuho decreased their target price on Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a research report on Monday, March 2nd. Northcoast Research raised Intuit from a “neutral” rating to a “buy” rating and set a $575.00 price target on the stock in a research report on Friday, March 6th. Wolfe Research reduced their price objective on Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a research note on Monday, December 15th. Weiss Ratings cut Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, February 5th. Finally, Barclays dropped their target price on Intuit from $785.00 to $540.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $643.29.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

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; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.