Intuit (NASDAQ:INTU) CAO Lauren Hotz Sells 907 Shares of Stock

Intuit Inc. (NASDAQ:INTU) CAO Lauren Hotz sold 907 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the transaction, the chief accounting officer directly owned 1,628 shares in the company, valued at approximately $564,167.12. This represents a 35.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Intuit Price Performance

INTU stock opened at $358.06 on Friday. The stock has a market capitalization of $97.94 billion, a price-to-earnings ratio of 21.70, a price-to-earnings-growth ratio of 0.90 and a beta of 0.97. The company has a quick ratio of 1.45, a current ratio of 1.51 and a debt-to-equity ratio of 0.34. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $705.08. The stock’s fifty day simple moving average is $307.36 and its 200-day simple moving average is $356.70.

Intuit (NASDAQ:INTU) last released its earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, beating the consensus estimate of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The firm had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. During the same period in the prior year, the firm posted $2.75 earnings per share. The business’s quarterly revenue was up 13.7% compared to the same quarter last year. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Equities research analysts expect that Intuit Inc. will post 23 EPS for the current year.

Intuit Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Thursday, October 8th will be given a $1.38 dividend. This is a boost from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, October 8th. Intuit’s dividend payout ratio is 29.09%.

Wall Street Analyst Weigh In

Several brokerages recently commented on INTU. HSBC dropped their price target on shares of Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a research report on Friday, May 22nd. Truist Financial lowered their price objective on shares of Intuit from $350.00 to $300.00 and set a “hold” rating for the company in a research note on Wednesday. Northcoast Research dropped their price objective on Intuit from $575.00 to $465.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Barclays cut their target price on Intuit from $443.00 to $408.00 and set an “overweight” rating on the stock in a research report on Wednesday. Finally, Wall Street Zen downgraded Intuit from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Seventeen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $434.68.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Management’s planned strategy to reduce initial revenue per TurboTax do-it-yourself customer could help restore customer volume and support longer-term growth. The approach suggests the weakness is a strategic reset focused on winning back users rather than an immediate deterioration in the overall business. Intuit is Lowering TurboTax Revenue per User to Win Customers
• Positive Sentiment: Analysts and investors continue to point to Intuit’s mid-market expansion, artificial-intelligence adoption and substantial share repurchases as potential offsets to slower consumer-tax growth. One analysis characterized the earnings reset as a pivot rather than a breakdown in the company’s fundamentals. Intuit’s Earnings Reset May Be More Pivot Than Plunge
• Neutral Sentiment: Intuit is reorganizing its reporting structure, with Mailchimp becoming a separate reportable segment beginning in fiscal 2027. This may improve transparency around the company’s different growth engines but does not by itself change financial performance. Mailchimp Becomes a Separate Operating Segment
• Negative Sentiment: TurboTax underperformance and competitive pricing pressure remain the primary concerns. Fiscal 2027 revenue growth is expected at only 9% to 10%, with TurboTax growth projected at 2% to 3%; near-term revenue guidance also trailed analyst estimates. Intuit’s Real Problem Is Not on Its Income Statement
• Negative Sentiment: Several firms lowered their ratings or price targets, including downgrades from Bank of America, JPMorgan and Wolfe Research and target reductions from Oppenheimer and Truist. The analyst actions reflect concern that the slower-growth outlook warrants a lower valuation.
• Negative Sentiment: Multiple law firms publicized securities-fraud class-action deadlines for September 8, alleging that Intuit misrepresented the strength of its tax-related business. These announcements add reputational and potential legal overhang, although the allegations have not been proven.

Institutional Investors Weigh In On Intuit

Several institutional investors have recently bought and sold shares of INTU. Amundi raised its position in Intuit by 36.2% in the second quarter. Amundi now owns 2,128,372 shares of the software maker’s stock valued at $555,505,000 after purchasing an additional 565,214 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Intuit in the second quarter valued at about $48,050,000. California State Teachers Retirement System grew its stake in shares of Intuit by 25,506.0% in the second quarter. California State Teachers Retirement System now owns 108,342,405 shares of the software maker’s stock valued at $28,277,368,000 after buying an additional 107,919,292 shares in the last quarter. Studio Investment Management LLC raised its holdings in shares of Intuit by 62.4% during the 2nd quarter. Studio Investment Management LLC now owns 794 shares of the software maker’s stock valued at $207,000 after buying an additional 305 shares during the period. Finally, Wedmont Private Capital lifted its position in Intuit by 90.5% during the 2nd quarter. Wedmont Private Capital now owns 6,696 shares of the software maker’s stock worth $1,841,000 after acquiring an additional 3,181 shares in the last quarter. 83.66% of the stock is currently owned by hedge funds and other 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.