Intuit (NASDAQ:INTU) Director Sells $94,592.68 in Stock
by Kim Johansen · The Markets DailyIntuit Inc. (NASDAQ:INTU – Get Free Report) Director Richard Dalzell sold 338 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total transaction of $94,592.68. Following the sale, the director owned 12,326 shares in the company, valued at $3,449,554.36. The trade was a 2.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Intuit Price Performance
Shares of NASDAQ INTU traded down $7.31 during trading on Thursday, hitting $276.91. 6,114,929 shares of the company were exchanged, compared to its average volume of 4,285,370. The company has a market cap of $75.75 billion, a price-to-earnings ratio of 16.77, a PEG ratio of 1.08 and a beta of 0.98. Intuit Inc. has a 1 year low of $273.27 and a 1 year high of $813.70. The firm’s fifty day moving average price is $369.69 and its 200 day moving average price is $478.11. 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 – Get Free Report) last issued its earnings results on Wednesday, May 20th. The software maker reported $12.80 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 for the quarter, compared to analyst estimates of $8.54 billion. During the same period in the previous year, the firm earned $11.65 EPS. The business’s revenue was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. On average, sell-side analysts expect that Intuit Inc. will post 18.18 earnings per share for the current fiscal year.
Intuit Dividend Announcement
The firm 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 $1.20 dividend. The ex-dividend date is Thursday, July 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.7%. Intuit’s payout ratio is currently 29.07%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in INTU. Joseph Group Capital Management purchased a new position in Intuit in the 4th quarter valued at about $25,000. Intesa Sanpaolo Wealth Management acquired a new position in shares of Intuit during the 4th quarter valued at about $25,000. HHM Wealth Advisors LLC increased its stake in shares of Intuit by 75.0% during the 1st quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock valued at $30,000 after acquiring an additional 30 shares during the last quarter. Whipplewood Advisors LLC acquired a new position in shares of Intuit during the 1st quarter valued at about $30,000. Finally, CrossGen Wealth LLC acquired a new position in shares of Intuit during the 1st quarter valued at about $32,000. 83.66% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Intuit
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Intuit launched new QuickBooks Payroll tools and services in the UK, adding to its small-business product lineup and supporting its international growth strategy. Intuit launches new QuickBooks Payroll tools and services to help UK businesses pay their teams with confidence
- Positive Sentiment: Some analysts and commentators continue to argue the selloff may be overdone, pointing to solid fundamentals and potential deep-value appeal after the stock’s sharp decline. Here’s Why Intuit Inc. (INTU) is One of the Best Deep Value Stocks to Invest in Now
- Neutral Sentiment: Intuit’s Q3 2026 earnings call transcript circulated, keeping investors focused on management’s commentary around growth, margins, and the company’s response to current headwinds. Intuit Reports Q3 2026 Results: Full Earnings Call Transcript
- Neutral Sentiment: Intuit also drew more attention from investors and search activity, which can add volatility but does not by itself change the business outlook. Investors Heavily Search Intuit Inc. (INTU): Here is What You Need to Know
- Negative Sentiment: Two law firms announced investigations into Intuit, including claims tied to pricing issues and possible securities fraud, adding legal overhang after the stock’s recent weakness. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Intuit, Inc. – INTU
- Negative Sentiment: Market commentary also pointed to skepticism that Intuit can fully monetize AI without disruption to its existing products, especially TurboTax and other core offerings. Intuit (INTU) Slid Amid Market Skepticism Over AI Monetization and Disruption
- Negative Sentiment: Reports that Intuit issued new debt and continued cost cuts and layoffs have reinforced concerns about margin pressure, pricing scrutiny, and the need to defend its AI transition. Intuit (INTU) Is Down 8.8% After Leveraging New Debt Amid AI Shifts And Cost Cuts – Has The Bull Case Changed?
Wall Street Analysts Forecast Growth
INTU has been the topic of several recent research reports. Barclays decreased their price objective on shares of Intuit from $540.00 to $443.00 and set an “overweight” rating on the stock in a research report on Thursday, May 21st. Evercore decreased their price objective on shares of Intuit from $540.00 to $400.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. Bank of America initiated coverage on shares of Intuit in a research report on Wednesday, May 27th. They issued a “buy” rating and a $400.00 price objective on the stock. Truist Financial decreased their price objective on shares of Intuit from $500.00 to $410.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Finally, Rothschild & Co Redburn reduced their target price on shares of Intuit from $700.00 to $600.00 and set a “buy” rating on the stock in a report on Tuesday, June 2nd. Twenty-four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $514.58.
Get Our Latest Report on Intuit
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.
Featured Articles
- Five stocks we like better than Intuit
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears