Intuit (NASDAQ:INTU) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

Posted by James Quigley on May 12th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Intuit Inc. (NASDAQ:INTU). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intuit stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Intuit Price Performance

Shares of INTU stock traded down $5.55 during trading hours on Tuesday, hitting $387.74. The company had a trading volume of 2,440,985 shares, compared to its average volume of 3,650,014. Intuit Inc. has a 12 month low of $342.11 and a 12 month high of $813.70. The firm has a market capitalization of $107.23 billion, a price-to-earnings ratio of 25.11, a PEG ratio of 1.59 and a beta of 1.04. The firm’s fifty day moving average is $417.02 and its 200 day moving average is $528.40. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32.

Intuit (NASDAQ:INTU – Get Free Report) last posted its earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping the consensus estimate of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The business had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same quarter last year, the company earned $3.32 EPS. Intuit’s revenue was up 17.4% on a year-over-year basis. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, sell-side analysts predict that Intuit Inc. will post 17.44 EPS for the current fiscal year.

Intuit Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, April 9th were issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, April 9th. Intuit’s payout ratio is presently 31.09%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Citigroup lowered their price objective on shares of Intuit from $803.00 to $649.00 and set a “buy” rating for the company in a research report on Friday, February 27th. TD Cowen reduced their target price on Intuit from $633.00 to $576.00 and set a “buy” rating on the stock in a report on Monday. Oppenheimer dropped their price objective on Intuit from $696.00 to $558.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. Wolfe Research set a $550.00 price objective on shares of Intuit and gave the stock an “outperform” rating in a research report on Thursday, March 12th. Finally, Barclays reissued an “overweight” rating and issued a $540.00 target price on shares of Intuit in a research report on Monday, March 16th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $634.26.

View Our Latest Report on INTU

Institutional Investors Weigh In On Intuit

Hedge funds have recently bought and sold shares of the company. Magellan Asset Management Ltd increased its holdings in shares of Intuit by 18.6% in the first quarter. Magellan Asset Management Ltd now owns 362,416 shares of the software maker’s stock valued at $156,701,000 after purchasing an additional 56,895 shares during the last quarter. Triad Investment Management boosted its stake in shares of Intuit by 61.8% in the first quarter. Triad Investment Management now owns 6,138 shares of the software maker’s stock valued at $2,654,000 after buying an additional 2,345 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Intuit by 20.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 188,054 shares of the software maker’s stock worth $81,311,000 after purchasing an additional 31,819 shares in the last quarter. Oslo Pensjonsforsikring AS acquired a new stake in Intuit during the first quarter worth about $615,000. Finally, DJE Kapital AG increased its stake in Intuit by 287.6% in the first quarter. DJE Kapital AG now owns 120,377 shares of the software maker’s stock valued at $51,315,000 after acquiring an additional 89,316 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

Positive Sentiment: TD Cowen reaffirmed a Buy rating on Intuit while setting a new $576 price target, signaling confidence that the stock can recover meaningfully from current levels despite trimming its prior target. Article: Intuit: Buy Rating Reaffirmed on Attractive Valuation and Expected Outperformance as Price Target Trimmed to $576 from $633
Positive Sentiment: A Seeking Alpha note upgraded Intuit, arguing that recent “SaaSpocalypse” concerns may be creating a long-term buying opportunity, which supports the view that the pullback could be overdone. Article: Intuit: SaaSpocalypse Creating An Opportunity To Buy For The Long Run (Rating Upgrade)
Positive Sentiment: Intuit’s new QuickBooks Workforce launch expands its platform into AI-powered HR and workforce management, strengthening the company’s ecosystem and giving investors another reason to expect deeper product integration and higher customer stickiness. Article: Should Intuit’s (INTU) AI-Powered QuickBooks Workforce Launch Reshape Its Platform Integration Investment Narrative?
Neutral Sentiment: Vapi’s new $50 million funding round highlighted that companies including Intuit use its voice AI platform, underscoring Intuit’s interest in AI tools, but the news is indirect and not likely to move the stock on its own. Article: Vapi raises $50M Series B as it reaches 1 billion calls, powering the next generation of enterprise voice AI
Negative Sentiment: TD Cowen cut its price target from $633 to $576, which suggests slightly less upside than before and may have contributed to some selling pressure even though the firm stayed bullish. Article: Intuit price target lowered by TD Cowen

Insider Buying and Selling

In other news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the completion of the transaction, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.49% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Intuit Company Profile

(Get 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.