Insider Selling: Intuit (NASDAQ:INTU) Director Sells $99,117.45 in Stock

Intuit Inc. (NASDAQ:INTU) Director Richard Dalzell sold 333 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $297.65, for a total transaction of $99,117.45. Following the completion of the transaction, the director owned 12,997 shares of the company’s stock, valued at $3,868,557.05. This trade represents a 2.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intuit Stock Down 0.1%

Shares of NASDAQ:INTU opened at $276.73 on Friday. Intuit Inc. has a 52-week low of $268.01 and a 52-week high of $813.70. The firm has a fifty day moving average of $363.60 and a 200 day moving average of $474.00. The firm has a market capitalization of $75.70 billion, a PE ratio of 16.76, a price-to-earnings-growth ratio of 1.01 and a beta of 0.98. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45.

Intuit (NASDAQ:INTU) last announced its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The company had revenue of $8.56 billion during the quarter, compared to analyst estimates of $8.54 billion. During the same period in the previous year, the business earned $11.65 earnings per share. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. As a group, research analysts anticipate that Intuit Inc. will post 18.18 EPS for the current fiscal year.

Intuit Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be given a $1.20 dividend. The ex-dividend date is Thursday, July 9th. This represents a $4.80 annualized dividend and a yield of 1.7%. Intuit’s payout ratio is 29.07%.

Analyst Ratings Changes

INTU has been the subject of several research reports. Barclays cut their target price on shares of Intuit from $540.00 to $443.00 and set an “overweight” rating for the company in a research report on Thursday, May 21st. Guggenheim set a $633.00 price target on shares of Intuit in a research note on Monday, March 16th. BNP Paribas Exane lowered their price target on shares of Intuit from $463.00 to $315.00 and set a “neutral” rating for the company in a research note on Thursday, May 21st. Wolfe Research reissued an “outperform” rating and issued a $400.00 price target on shares of Intuit in a research note on Thursday, May 21st. Finally, Erste Group Bank raised shares of Intuit to a “hold” rating in a research note on Monday, April 27th. Twenty-four analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $514.58.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit recently raised $1.75 billion through a senior notes offering, which strengthens liquidity and gives the company more financial flexibility. Intuit Raises $1.75 Billion Through Senior Notes Offering
• Positive Sentiment: Recent commentary points to solid underlying business trends, including 19% revenue growth in online business solutions, which supports the bull case after the stock’s sharp decline. Intuit reports strong 19% revenue growth in online business solutions
• Neutral Sentiment: Intuit launched new QuickBooks Payroll tools and services in the UK, a product update that supports the long-term growth story but is not likely to move the stock much in the near term. Intuit launches new QuickBooks Payroll tools and services to help UK businesses pay their teams with confidence
• Neutral Sentiment: Intuit’s Q3 2026 earnings call transcript attracted attention, but it does not appear to add materially new information beyond the recently reported results and guidance. Intuit Reports Q3 2026 Results: Full Earnings Call Transcript
• Negative Sentiment: Director Richard L. Dalzell sold shares in recent transactions, and while the trades were made under a 10b5-1 plan, insider selling can still weigh on sentiment. Richard L. Dalzell insider transactions
• Negative Sentiment: Multiple investor-alert and law-firm investigations into Intuit’s pricing practices and possible securities issues are creating legal overhang and may be pressuring the shares. Investor alert: Pomerantz investigates claims on behalf of investors of Intuit
• Negative Sentiment: Commentary also highlights investor concern about AI monetization and competitive disruption, reinforcing worries behind the recent weakness in INTU. Intuit slid amid market skepticism over AI monetization and disruption

Hedge Funds Weigh In On Intuit

Hedge funds and other institutional investors have recently modified their holdings of the company. Joseph Group Capital Management bought a new position in shares of Intuit during the fourth quarter valued at about $25,000. Intesa Sanpaolo Wealth Management bought a new position in shares of Intuit during the fourth quarter valued at about $25,000. Pin Oak Investment Advisors Inc. bought a new position in shares of Intuit during the third quarter valued at about $33,000. Birchwood Financial Partners Inc. bought a new position in shares of Intuit during the fourth quarter valued at about $33,000. Finally, Barnes Dennig Private Wealth Management LLC raised its stake in shares of Intuit by 54.3% during the fourth 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 last quarter. 83.66% of the stock is owned by institutional investors.

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.