Tema Etfs LLC Boosts Stock Holdings in Intuit Inc. $INTU

12 Jan 2026, 12:03 by Mitch Edgeman · The Markets Daily

Tema Etfs LLC lifted its position in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 159.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,762 shares of the software maker’s stock after acquiring an additional 5,997 shares during the period. Tema Etfs LLC’s holdings in Intuit were worth $6,667,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of Intuit by 61.3% in the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after purchasing an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in Intuit by 145.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after buying an additional 482 shares in the last quarter. Nicholas Hoffman & Company LLC. purchased a new position in Intuit in the 1st quarter worth about $785,564,000. Belpointe Asset Management LLC raised its position in Intuit by 3.5% in the 1st quarter. Belpointe Asset Management LLC now owns 590 shares of the software maker’s stock worth $362,000 after buying an additional 20 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in Intuit by 33.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,354 shares of the software maker’s stock valued at $831,000 after acquiring an additional 340 shares during the period. 83.66% of the stock is owned by institutional investors.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

Positive Sentiment: TD Cowen initiated coverage with a “buy” and a $802 price target — a prominent bullish call that can attract momentum and institutional interest. TD Cowen Buy on Intuit
Positive Sentiment: Truist began coverage with a “buy” and $739 target, another institutional endorsement supporting demand among growth investors. Truist Initiates on Intuit
Positive Sentiment: Media coverage of Intuit’s SMB Media Labs at CES highlights potential new advertising/media revenue for small-business customers — a strategic growth narrative beyond core tax and accounting products. Intuit SMB MediaLabs at CES
Neutral Sentiment: Analyst roundups and coverage (Zacks, 24/7 Wall St.) largely reiterate existing bullish sentiment and recap recent calls — helpful for market tone but not new fundamentals. Zacks: Wall Street Views on Intuit
Neutral Sentiment: Company announced a $1.20 quarterly dividend (ex-dividend/record timing noted in filings) — supports yield narrative but is expected and modest versus growth drivers. MarketBeat Intuit Summary
Negative Sentiment: Wells Fargo cut Intuit from “overweight” to “equal weight” and trimmed its price target to $700 (from $840) — a notable downgrade that lowers near-term analyst support. Wells Fargo Downgrade
Negative Sentiment: CEO Sasan Goodarzi sold 41,000 shares (~$26.65M at ~$650.10) on Jan. 7, cutting his direct holding by ~75% — a large insider disposition that can weigh on sentiment even if for personal/planned-liquidity reasons. SEC Form 4 – Goodarzi Sale
Negative Sentiment: CFO Sandeep Aujla also recently sold shares (~1,335 shares), another insider sale that can add to near-term selling pressure. SEC Form 4 – Aujla Sale

Insider Activity

In other Intuit news, CEO Sasan K. Goodarzi sold 41,000 shares of Intuit stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the transaction, the chief executive officer owned 13,611 shares of the company’s stock, valued at $8,848,511.10. The trade was a 75.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the transaction, the director owned 13,476 shares of the company’s stock, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 388,464 shares of company stock worth $255,514,393 in the last quarter. 2.49% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Cowen initiated coverage on shares of Intuit in a research note on Wednesday. They issued a “buy” rating for the company. Wall Street Zen upgraded shares of Intuit from a “hold” rating to a “buy” rating in a report on Sunday. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $850.00 target price on shares of Intuit in a research report on Friday, November 21st. The Goldman Sachs Group set a $720.00 price target on Intuit in a report on Monday. Finally, Wells Fargo & Company restated an “equal weight” rating and issued a $700.00 price target (down from $840.00) on shares of Intuit in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Intuit presently has an average rating of “Moderate Buy” and a consensus target price of $784.81.

View Our Latest Research Report on INTU

Intuit Trading Down 0.9%

NASDAQ:INTU opened at $646.90 on Monday. Intuit Inc. has a one year low of $532.65 and a one year high of $813.70. The business has a fifty day moving average price of $656.34 and a 200-day moving average price of $690.43. The firm has a market capitalization of $180.01 billion, a price-to-earnings ratio of 44.22, a price-to-earnings-growth ratio of 2.64 and a beta of 1.25. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39.

Intuit (NASDAQ:INTU – Get Free Report) last released its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, beating the consensus estimate of $3.09 by $0.25. The company had revenue of $3.87 billion for the quarter, compared to the consensus estimate of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.Intuit’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same period in the previous year, the business earned $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Sell-side analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 9th will be issued a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, January 9th. Intuit’s dividend payout ratio is currently 32.81%.

Intuit Profile

(Free Report)

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.