Citizens & Northern Corp bought a new position in shares of Intuit Inc. (NASDAQ:INTU – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,001 shares of the software maker’s stock, valued at approximately $1,326,000.
A number of other institutional investors also recently bought and sold shares of INTU. MTM Investment Management LLC raised its stake in Intuit by 135.0% during the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock worth $32,000 after purchasing an additional 27 shares during the period. Pin Oak Investment Advisors Inc. purchased a new position in Intuit during the third quarter worth about $33,000. Richardson Financial Services Inc. raised its stake in Intuit by 70.0% during the third quarter. Richardson Financial Services Inc. now owns 51 shares of the software maker’s stock worth $35,000 after purchasing an additional 21 shares during the period. TruNorth Capital Management LLC purchased a new stake in shares of Intuit in the 3rd quarter valued at approximately $36,000. Finally, Barnes Dennig Private Wealth Management LLC raised its stake in shares of Intuit by 54.3% in the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker’s stock valued at $36,000 after acquiring an additional 19 shares during the period. 83.66% of the stock is owned by hedge funds and other institutional investors.
Intuit Price Performance
Shares of INTU opened at $383.30 on Friday. Intuit Inc. has a fifty-two week low of $342.11 and a fifty-two week high of $813.70. The firm’s 50 day moving average price is $414.43 and its 200 day moving average price is $548.37. The company has a market cap of $106.00 billion, a P/E ratio of 24.83, a PEG ratio of 1.64 and a beta of 1.21. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28.
Intuit Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, April 9th were issued a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.3%. The ex-dividend date was Thursday, April 9th. Intuit’s payout ratio is 31.09%.
Insider Buying and Selling
In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the transaction, the director owned 13,253 shares in the company, valued at $5,836,621.20. The trade was a 2.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.49% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on INTU shares. Truist Financial started coverage on shares of Intuit in a research note on Tuesday, January 6th. They issued a “buy” rating and a $739.00 price target on the stock. BNP Paribas Exane raised shares of Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 price target on the stock in a research note on Monday, March 16th. Weiss Ratings lowered Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 5th. TD Cowen restated a “buy” rating on shares of Intuit in a research report on Monday, March 16th. Finally, Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $636.10.
View Our Latest Analysis on Intuit
Trending Headlines about Intuit
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Street support remains: multiple recent analyst buy/outperform ratings and a median price target near $600 support medium‑term upside, which can limit deeper selloffs. Intuit shares slide as investors weigh AI-driven disruption risks and tax-season exposure
- Positive Sentiment: AI opportunity narrative: Intuit appears on lists of AI-themed names that could capture outsized long‑term growth, a tailwind if management converts AI into durable revenue/price power. 15 AI Stocks That Could Break the Trillion Dollar Barrier
- Neutral Sentiment: Increased investor attention: screening and search activity around INTU rose, which can amplify intra‑day moves but doesn’t by itself change fundamentals. Intuit Inc. (INTU) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: Broader AI/tech coverage & content about trustworthy AI may shape sentiment over time but is not an immediate catalyst. Building AI You Can Trust With Your Money
- Negative Sentiment: Market reports note a sharp intraday drop for INTU, reflecting investor selling and headline‑driven flow. This spillover pressure is being reported across multiple outlets. Intuit (INTU) Suffers a Larger Drop Than the General Market: Key Insights
- Negative Sentiment: Analysts and traders point to two key risks pressuring sentiment: 1) AI‑driven pricing/competitive risk that could compress traditional software economics, and 2) seasonality from the tax business that creates post‑filing volatility. These narrative risks are cited as main drivers of today’s selloff. Intuit shares slide as investors weigh AI-driven disruption risks and tax-season exposure
- Negative Sentiment: Insider and institutional flows noted in reporting (large institutional reductions and multiple insider sales) increase perceived supply risk and may amplify downward moves. Intuit shares slide as investors weigh AI-driven disruption risks and tax-season exposure
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.
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