Intuit Inc. $INTU Shares Sold by Public Sector Pension Investment Board

Public Sector Pension Investment Board lessened its stake in Intuit Inc. (NASDAQ:INTU) by 34.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,355 shares of the software maker’s stock after selling 15,140 shares during the quarter. Public Sector Pension Investment Board’s holdings in Intuit were worth $20,047,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. May Hill Capital LLC boosted its stake in shares of Intuit by 4.2% in the second quarter. May Hill Capital LLC now owns 345 shares of the software maker’s stock valued at $272,000 after purchasing an additional 14 shares during the period. Telos Capital Management Inc. lifted its holdings in Intuit by 2.6% in the 2nd quarter. Telos Capital Management Inc. now owns 585 shares of the software maker’s stock worth $461,000 after buying an additional 15 shares in the last quarter. Mcrae Capital Management Inc. boosted its position in Intuit by 0.7% in the 2nd quarter. Mcrae Capital Management Inc. now owns 2,187 shares of the software maker’s stock valued at $1,723,000 after buying an additional 15 shares during the last quarter. Fort Sheridan Advisors LLC grew its stake in shares of Intuit by 2.1% during the second quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker’s stock valued at $569,000 after acquiring an additional 15 shares in the last quarter. Finally, BetterWealth LLC grew its stake in shares of Intuit by 3.8% during the third quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock valued at $281,000 after acquiring an additional 15 shares in the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Insider Buying and Selling at Intuit

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of the stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the sale, the chief executive officer directly owned 13,611 shares in the company, valued at approximately $8,848,511.10. This represents a 75.08% 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. Also, Director Richard L. Dalzell sold 333 shares of the firm’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 value of $219,763.35. Following the completion of the sale, the director directly owned 13,476 shares in the company, valued at approximately $8,893,486.20. This trade represents a 2.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 388,464 shares of company stock worth $255,514,393. Insiders own 2.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. BMO Capital Markets cut their price target on Intuit from $810.00 to $624.00 and set an “outperform” rating on the stock in a research note on Tuesday. Independent Research set a $875.00 price objective on Intuit in a report on Tuesday, November 18th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Intuit in a research report on Wednesday, January 28th. Truist Financial began coverage on shares of Intuit in a research report on Tuesday, January 6th. They set a “buy” rating and a $739.00 price target for the company. Finally, Wall Street Zen upgraded shares of Intuit from a “hold” rating to a “buy” rating in a research note on Sunday, January 11th. Twenty-two research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Intuit presently has a consensus rating of “Moderate Buy” and a consensus target price of $772.42.

Intuit Stock Performance

INTU stock opened at $399.40 on Friday. The stock’s 50 day simple moving average is $582.36 and its 200 day simple moving average is $645.09. Intuit Inc. has a 12-month low of $389.32 and a 12-month high of $813.70. The firm has a market cap of $111.14 billion, a P/E ratio of 27.30, a P/E/G ratio of 1.63 and a beta of 1.24. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU) 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 firm had revenue of $3.87 billion during 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%. The firm’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, equities research analysts predict that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 9th were paid a dividend of $1.20 per share. The ex-dividend date was Friday, January 9th. This represents a $4.80 annualized dividend and a yield of 1.2%. Intuit’s dividend payout ratio is 32.81%.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit launched a new AI-powered “Construction Edition” for its Intuit Enterprise Suite aimed at mid-sized construction firms — a targeted vertical push that could expand enterprise bookings and stickier ARR. Article Title Article Title
• Positive Sentiment: Industry commentary argues Intuit is well-positioned to survive the so‑called “SaaS‑pocalypse,” supporting a longer-term bull case on durable subscription cash flows and AI-driven product differentiation. Article Title
• Neutral Sentiment: BMO Capital kept an Outperform rating on INTU but reduced its price target significantly (reported coverage and commentary); the maintained rating is supportive, but the lower target signals tempered near‑term upside expectations. Article Title
• Neutral Sentiment: Several market pieces (Zacks, Motley Fool) debate whether Intuit is a buying opportunity or overhyped — useful context for sentiment-driven flows but not immediate catalysts. Article Title Article Title
• Neutral Sentiment: Short‑interest data feeds show anomalous “0 shares / NaN” values for February — likely a reporting/data error rather than a real change in short positioning, but noisy headlines can stoke volatility.
• Negative Sentiment: Unusual options activity: traders bought ~184k put contracts in a single session (a very large spike vs. average), indicating elevated bearish hedging/speculation that can pressure the stock via sentiment and gamma trading dynamics.
• Negative Sentiment: Analyst downgrades and lower price targets have coincided with Intuit sliding to a new 52‑week low in recent sessions — explicit near‑term negative catalyst that likely amplified selling pressure. Article Title Article Title
• Negative Sentiment: Legal/headline risk: an employee lawsuit alleging discriminatory labeling over DEI hiring adds reputational and potential legal risk that can weigh on sentiment if it escalates. Article Title

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.