Intuit (NASDAQ:INTU) Shares Sold Rep. Dan Newhouse

Representative Dan Newhouse (Republican-Washington) recently sold shares of Intuit Inc. (NASDAQ:INTU). In a filing disclosed on July 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intuit stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.

Intuit Price Performance

INTU traded down $0.13 during trading on Tuesday, reaching $293.69. 874,409 shares of the company traded hands, compared to its average volume of 4,444,943. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. The company has a market cap of $80.34 billion, a P/E ratio of 17.83, a PEG ratio of 1.07 and a beta of 1.00. The firm has a fifty day simple moving average of $301.21 and a 200 day simple moving average of $402.03. 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 for the quarter, beating analysts’ consensus estimates of $12.57 by $0.23. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The firm had revenue of $8.56 billion during the quarter, compared to analyst estimates of $8.54 billion. During the same period last year, the firm posted $11.65 earnings per share. Intuit’s revenue for the quarter was up 10.4% compared to the same quarter last year. 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, equities analysts forecast that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Thursday, July 9th were issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Thursday, July 9th. Intuit’s dividend payout ratio (DPR) is 29.07%.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Some commentary remains supportive of Intuit’s long-term setup, with one recent article arguing the post-selloff decline may be an overreaction and another highlighting TurboTax Live’s strong performance as a potential offset to DIY tax business softness. Intuit’s TurboTax Live Is Thriving: Can It Offset DIY Choppiness? L1 Capital International Sees Intuit’s (INTU) Decline as Market’s Overreaction
• Neutral Sentiment: Susquehanna lowered its price target on Intuit but kept a positive rating, suggesting analysts still see upside despite the recent weakness. Benzinga/The Fly coverage of Susquehanna price target change
• Negative Sentiment: Morgan Stanley’s cautious stance on the software group has dampened sentiment across the sector, including Intuit. Adobe, Salesforce and Intuit fall as Morgan Stanley begins cautious coverage
• Negative Sentiment: Multiple law firms are publicizing class-action deadlines and securities-fraud claims against Intuit over alleged misstatements about pricing and TurboTax competitive advantages, creating legal uncertainty and headline risk for shares. INTU Lawsuit Notice: Intuit Pricing Issues and 20% Stock Drop Trigger Securities Fraud Class Action INVESTOR DEADLINE: RGRD Law Announces that Intuit Inc. (INTU) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Insider Buying and Selling at Intuit

In other news, Director Vasant M. Prabhu purchased 1,250 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was acquired at an average cost of $309.45 per share, with a total value of $386,812.50. Following the completion of the transaction, the director owned 1,250 shares in the company, valued at $386,812.50. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $279.86, for a total transaction of $94,592.68. Following the completion of the sale, the director owned 12,326 shares in the company, valued at $3,449,554.36. This represents a 2.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,239 shares of company stock valued at $348,354. Corporate insiders own 2.49% of the company’s stock.

Institutional Trading of Intuit

Institutional investors and hedge funds have recently modified their holdings of the stock. Brighton Jones LLC boosted its stake in shares of Intuit by 61.3% during the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after purchasing an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Intuit by 145.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after buying an additional 482 shares during the period. Nicholas Hoffman & Company LLC. purchased a new stake in Intuit during the first quarter worth $785,564,000. Sivia Capital Partners LLC boosted its position in Intuit by 23.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after acquiring an additional 166 shares in the last quarter. Finally, Florida Financial Advisors LLC increased its holdings in shares of Intuit by 12.2% in the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock valued at $370,000 after acquiring an additional 51 shares during the period. Institutional investors own 83.66% of the company’s stock.

Analyst Upgrades and Downgrades

INTU has been the subject of a number of analyst reports. UBS Group lowered their price target on shares of Intuit from $440.00 to $360.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Rothschild & Co Redburn dropped their price objective on shares of Intuit from $700.00 to $600.00 and set a “buy” rating for the company in a research note on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Intuit from $600.00 to $530.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Stifel Nicolaus reissued a “hold” rating and issued a $275.00 target price (down from $375.00) on shares of Intuit in a research note on Wednesday, June 17th. Finally, Morgan Stanley cut shares of Intuit from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $580.00 to $335.00 in a research note on Tuesday. Twenty-one analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Intuit presently has a consensus rating of “Moderate Buy” and a consensus price target of $468.84.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

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.