Richard Dalzell Sells 284 Shares of Intuit (NASDAQ:INTU) Stock

Intuit Inc. (NASDAQ:INTU) Director Richard Dalzell sold 284 shares of the stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total transaction of $74,498.88. Following the sale, the director directly owned 11,758 shares of the company’s stock, valued at $3,084,358.56. The trade was a 2.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intuit Stock Performance

Shares of NASDAQ:INTU opened at $255.07 on Friday. The company has a market cap of $69.77 billion, a price-to-earnings ratio of 15.45, a price-to-earnings-growth ratio of 0.96 and a beta of 0.98. The company has a 50-day moving average price of $341.35 and a 200-day moving average price of $448.84. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.26. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $813.70.

Intuit (NASDAQ:INTU) last posted its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.57 by $0.23. The company had revenue of $8.56 billion for the quarter, compared to analysts’ expectations of $8.54 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.Intuit’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period last year, the firm earned $11.65 earnings per share. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. As a group, equities analysts anticipate that Intuit Inc. will post 18.21 EPS for the current year.

Intuit Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 9th will be paid a dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.9%. Intuit’s payout ratio is 29.07%.

Institutional Trading of Intuit

Hedge funds have recently modified their holdings of the business. Rakuten Investment Management Inc. increased its stake in Intuit by 522.3% during the 4th quarter. Rakuten Investment Management Inc. now owns 51,697 shares of the software maker’s stock valued at $34,852,000 after purchasing an additional 43,389 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Intuit by 20.3% in the fourth quarter. Bank of New York Mellon Corp now owns 2,791,212 shares of the software maker’s stock worth $1,848,954,000 after buying an additional 471,451 shares during the last quarter. Vestcor Inc lifted its stake in shares of Intuit by 79.1% in the fourth quarter. Vestcor Inc now owns 20,717 shares of the software maker’s stock worth $13,723,000 after buying an additional 9,148 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of Intuit by 13.2% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 59,974 shares of the software maker’s stock worth $39,728,000 after buying an additional 6,999 shares in the last quarter. Finally, Crossmark Global Holdings Inc. grew its holdings in shares of Intuit by 15.8% during the third quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock valued at $32,526,000 after buying an additional 6,503 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit is set to showcase its rebuilt AI infrastructure at VB Transform 2026, reinforcing its long-term investment in faster, more scalable AI tools that could support product innovation and growth. Intuit will show off how it rebuilt its AI infrastructure to support fast and complex tasks at VB Transform 2026
• Positive Sentiment: Market commentary says lower Treasury yields have helped support valuation for growth-oriented names like Intuit, which can ease some pressure on the stock. Sprout Social, Intuit, and PagerDuty Shares Skyrocket, What You Need To Know
• Positive Sentiment: Intuit’s QuickBooks partnership with Employment Hero could strengthen its business ecosystem and expand its payroll-related offerings. Intuit QuickBooks deepens partnership with Employment Hero for Payday Super
• Neutral Sentiment: Short interest data showed no meaningful short position change, so this update does not appear to be a major trading driver. Intuit Inc. (INTU) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Director Richard Dalzell sold a small block of shares under a pre-arranged trading plan, which is usually routine and not necessarily a bearish signal by itself. Richard Dalzell Sells 284 Shares of Intuit (NASDAQ:INTU) Stock
• Negative Sentiment: Intuit issued $1.74 billion in net proceeds from new senior notes, which may help refinance debt but also adds attention to leverage as the company faces pressure on TurboTax pricing and AI disruption concerns. Does Intuit’s New Debt and TurboTax Pricing Pressure Reframe Its AI Investment Story (INTU)?
• Negative Sentiment: Investor anxiety has risen after reports of pricing issues and a securities-fraud investigation notice, creating legal overhang for the stock. INTU Stock News: Intuit Stock Dropped 20% after Pricing Issues Disclosed
• Negative Sentiment: Another law firm has opened an investor claims investigation, adding to the legal uncertainty around Intuit. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Intuit, Inc. – INTU
• Negative Sentiment: Stifel downgraded Intuit to Hold and cut its price target, citing the risk that management may reduce near- to medium-term growth expectations. Is Intuit (INTU) One of the Best Big Tech Stocks to Buy According to Wall Street Analysts?

Analyst Ratings Changes

A number of research analysts have issued reports on INTU shares. Weiss Ratings downgraded shares of Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, June 11th. Susquehanna dropped their target price on shares of Intuit from $640.00 to $550.00 and set a “positive” rating for the company in a research report on Friday, May 22nd. TD Cowen cut their target price on shares of Intuit from $576.00 to $504.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. UBS Group reduced their price target on shares of Intuit from $440.00 to $360.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Finally, Truist Financial decreased their price target on shares of Intuit from $500.00 to $410.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Twenty-two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $498.40.

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.