Intuit Inc. (NASDAQ:INTU) Sees Significant Increase in Short Interest

Intuit Inc. (NASDAQ:INTU) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 8,305,847 shares, an increase of 40.0% from the January 29th total of 5,931,643 shares. Based on an average trading volume of 4,955,369 shares, the days-to-cover ratio is presently 1.7 days. Approximately 3.1% of the company’s stock are short sold. Approximately 3.1% of the company’s stock are short sold. Based on an average trading volume of 4,955,369 shares, the days-to-cover ratio is presently 1.7 days.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on INTU. Stifel Nicolaus decreased their price target on shares of Intuit from $800.00 to $500.00 and set a “buy” rating on the stock in a report on Friday, February 27th. UBS Group decreased their target price on Intuit from $725.00 to $440.00 and set a “neutral” rating on the stock in a research note on Friday, February 27th. Argus dropped their price target on Intuit from $780.00 to $580.00 and set a “buy” rating for the company in a research report on Wednesday. Wolfe Research cut their price objective on Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a report on Monday, December 15th. Finally, Wall Street Zen downgraded shares of Intuit from a “buy” rating to a “hold” rating in a research note on Saturday. Twenty-four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $654.07.

Insider Activity

In other Intuit news, CFO Sandeep Aujla sold 1,335 shares of the business’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $629.46, for a total value of $840,329.10. Following the transaction, the chief financial officer owned 536 shares of the company’s stock, valued at approximately $337,390.56. The trade was a 71.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Scott D. Cook sold 1,402 shares of the business’s stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total transaction of $936,564.04. Following the completion of the transaction, the director directly owned 5,668,182 shares in the company, valued at $3,786,458,939.64. This trade represents a 0.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 344,596 shares of company stock worth $227,352,014. Company insiders own 2.49% of the company’s stock.

Institutional Trading of Intuit

Large investors have recently added to or reduced their stakes in the stock. EJMK Ventures LLC purchased a new stake in Intuit in the fourth quarter worth $315,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Intuit during the 4th quarter valued at $1,129,000. Reflection Asset Management purchased a new stake in shares of Intuit in the 4th quarter worth about $276,000. Sankala Group LLC purchased a new stake in shares of Intuit in the 4th quarter worth about $40,000. Finally, Anchor Investment Management LLC increased its stake in shares of Intuit by 1.8% in the 4th quarter. Anchor Investment Management LLC now owns 2,633 shares of the software maker’s stock worth $1,744,000 after acquiring an additional 46 shares in 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 announced a strategic partnership with Anthropic to integrate advanced AI into its products — a potential long-term revenue and differentiation catalyst for TurboTax/QuickBooks and enterprise offerings. As Intuit Partners with Anthropic, Should You Buy, Sell, or Hold INTU Stock?
• Positive Sentiment: Coverage highlights Intuit’s multi-year AI investment and its large small-business dataset as a moat against a “SaaSpocalypse,” supporting the company’s ability to monetize AI features and expand services. Intuit is betting its 40 years of small business data can outlast the SaaSpocalypse
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference (transcript available), reiterating strategy around AI partnerships and product investment — useful context but no new guidance that would immediately move the stock. Intuit Inc. (INTU) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Technical/trading notes: a recent “power inflow” signal briefly supported a bounce in the stock, showing some short-term buying interest even amid the pullback. Intuit Shares Rise 2% After Key Trading Signal
• Negative Sentiment: Argus cut its price target on INTU to $580 from $780 (but maintained a Buy rating), a move that reduces bullish valuation anchors and likely contributed to downward pressure on the stock. Argus adjusts price target on Intuit to $580 from $780; maintains buy rating
• Negative Sentiment: TD Cowen trimmed its target (to $633) while keeping a Buy rating, another signal that analysts are lowering valuation expectations even as they endorse the company’s fundamentals. TD Cowen adjusts price target on Intuit to $633 from $658; maintains buy rating
• Negative Sentiment: Analyst and media pieces note a sharp multi-month share decline and P/E compression as investors reassess growth vs. higher-for-longer rates — framing the current pullback as both valuation reset and investor concern about AI disruption/competition. Intuit’s 40% Slide: What Went Wrong?

Intuit Price Performance

NASDAQ INTU traded down $0.38 on Wednesday, reaching $432.97. 756,487 shares of the company’s stock traded hands, compared to its average volume of 4,132,954. The stock has a market cap of $119.74 billion, a PE ratio of 28.04, a P/E/G ratio of 1.71 and a beta of 1.26. Intuit has a 12 month low of $349.00 and a 12 month high of $813.70. The stock has a 50-day simple moving average of $516.16 and a 200 day simple moving average of $612.68. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32.

Intuit (NASDAQ:INTU) last released its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, beating analysts’ consensus estimates of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The company had revenue of $4.65 billion during the quarter, compared to analyst estimates of $4.53 billion. During the same quarter in the previous year, the company posted $3.32 EPS. Intuit’s revenue for the quarter 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. As a group, research analysts predict that Intuit will post 14.09 earnings per share for the current year.

Intuit Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be issued a $1.20 dividend. The ex-dividend date is Thursday, April 9th. This represents a $4.80 annualized dividend and a yield of 1.1%. Intuit’s dividend payout ratio (DPR) is 31.09%.

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.