Intuit (NASDAQ:INTU) Sets New 12-Month Low Following Insider Selling

Intuit Inc. (NASDAQ:INTU)’s stock price reached a new 52-week low during mid-day trading on Thursday following insider selling activity. The company traded as low as $265.01 and last traded at $262.8920, with a volume of 90196 shares traded. The stock had previously closed at $269.08.

Specifically, Director Richard L. Dalzell sold 284 shares of Intuit stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $282.20, for a total value of $80,144.80. Following the sale, the director owned 12,042 shares of the company’s stock, valued at $3,398,252.40. This trade represents a 2.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. BNP Paribas Exane decreased their price objective on Intuit from $463.00 to $315.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Royal Bank Of Canada cut their target price on Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Erste Group Bank raised Intuit to a “hold” rating in a research report on Monday, April 27th. Evercore decreased their price objective on Intuit from $540.00 to $400.00 and set an “outperform” rating for the company in a report on Thursday, May 21st. Finally, Northcoast Research dropped 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. Twenty-three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $511.35.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Credit Karma posted 15% revenue growth to $631 million, underscoring stronger cross-sell momentum and supporting Intuit’s push to turn the unit into a broader year-round finance platform. Article Title
• Positive Sentiment: Intuit chose Mother New York as its creative-strategic agency partner, signaling continued investment in growth-oriented marketing and brand positioning. Article Title
• Neutral Sentiment: Intuit named company veteran Tyler Cozzens as its new general counsel, replacing Kerry McLean; the move appears to be a routine leadership transition. Article Title
• Neutral Sentiment: Thursday’s analyst coverage roundup included Intuit among several large-cap names, but no single new catalyst was highlighted in the headline. Article Title
• Negative Sentiment: Director Richard Dalzell sold 284 shares under a pre-arranged trading plan, adding to near-term caution around insider activity. Article Title
• Negative Sentiment: Goldman Sachs downgraded Intuit to Sell, warning that AI could erode TurboTax revenue over time; separately, law firms announced investigations tied to Intuit’s pricing issues, which may add legal overhang. Article Title Article Title
• Negative Sentiment: Pomerantz also launched an investor investigation into Intuit, extending the legal headline risk. Article Title

Intuit Stock Performance

The company has a market cap of $71.96 billion, a P/E ratio of 15.96, a PEG ratio of 1.03 and a beta of 0.98. The stock’s 50-day moving average price is $354.99 and its 200-day moving average price is $465.17. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45.

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

Intuit Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Thursday, July 9th. Intuit’s dividend payout ratio is currently 29.07%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Rakuten Investment Management Inc. increased its holdings in Intuit by 522.3% during the fourth quarter. Rakuten Investment Management Inc. now owns 51,697 shares of the software maker’s stock worth $34,852,000 after buying an additional 43,389 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Intuit by 20.3% during the 4th 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 during the period. Vestcor Inc increased its stake in shares of Intuit by 79.1% during the 4th quarter. Vestcor Inc now owns 20,717 shares of the software maker’s stock worth $13,723,000 after purchasing an additional 9,148 shares during the last quarter. Crossmark Global Holdings Inc. raised its holdings in shares of Intuit by 15.8% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock worth $32,526,000 after purchasing an additional 6,503 shares during the period. Finally, O Shaughnessy Asset Management LLC lifted its stake in Intuit by 13.2% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 59,974 shares of the software maker’s stock valued at $39,728,000 after purchasing an additional 6,999 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors.

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.