Mirabella Financial Services LLP Sells 1,700 Shares of Intuit Inc. $INTU

Mirabella Financial Services LLP decreased its stake in Intuit Inc. (NASDAQ:INTU) by 46.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,967 shares of the software maker’s stock after selling 1,700 shares during the period. Mirabella Financial Services LLP’s holdings in Intuit were worth $1,549,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Tortoise Investment Management LLC grew its position in Intuit by 540.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after purchasing an additional 27 shares during the last quarter. Westside Investment Management Inc. lifted its stake in shares of Intuit by 161.5% in the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after buying an additional 21 shares during the period. Dogwood Wealth Management LLC grew its position in Intuit by 111.8% during the second quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock worth $28,000 after buying an additional 19 shares in the last quarter. True Wealth Design LLC grew its position in Intuit by 270.0% during the second quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after buying an additional 27 shares in the last quarter. Finally, Vista Cima Wealth Management LLC bought a new position in Intuit during the first quarter valued at about $31,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Price Performance

Shares of INTU opened at $663.08 on Friday. The company’s 50-day moving average is $659.39 and its 200-day moving average is $706.04. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39. The firm has a market capitalization of $184.52 billion, a PE ratio of 45.32, a PEG ratio of 2.65 and a beta of 1.27. Intuit Inc. has a fifty-two week low of $532.65 and a fifty-two week high of $813.70.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, beating analysts’ consensus estimates of $3.09 by $0.25. The business had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. Intuit had a net margin of 21.19% and a return on equity of 23.52%. Intuit’s quarterly revenue was up 18.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Equities analysts forecast that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Announces Dividend

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

Wall Street Analyst Weigh In

INTU has been the subject of a number of research reports. Wells Fargo & Company reduced their price objective on Intuit from $880.00 to $840.00 and set an “overweight” rating for the company in a research report on Friday, November 21st. UBS Group reduced their target price on Intuit from $750.00 to $725.00 and set a “neutral” rating for the company in a research report on Friday, August 22nd. Barclays decreased their price target on shares of Intuit from $815.00 to $785.00 and set an “overweight” rating on the stock in a research note on Friday, August 22nd. BMO Capital Markets dropped their price objective on shares of Intuit from $870.00 to $810.00 and set an “outperform” rating for the company in a research note on Friday, November 21st. Finally, Evercore ISI reiterated an “outperform” rating and set a $875.00 target price on shares of Intuit in a research report on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Intuit currently has an average rating of “Moderate Buy” and an average price target of $798.20.

Insiders Place Their Bets

In other news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $661.15, for a total transaction of $220,162.95. Following the completion of the sale, the director owned 14,475 shares of the company’s stock, valued at approximately $9,570,146.25. This trade represents a 2.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sandeep Aujla sold 1,170 shares of the company’s stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $677.06, for a total transaction of $792,160.20. Following the completion of the transaction, the chief financial officer owned 1,295 shares in the company, valued at $876,792.70. This trade represents a 47.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,836 shares of company stock worth $1,235,203. Insiders own 2.49% of the company’s stock.

Intuit Profile

Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.