Family Manage LLC Has $468,000 Position in Intuit Inc. $INTU

Family Manage LLC cut its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 78.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,082 shares of the software maker’s stock after selling 3,950 shares during the quarter. Family Manage LLC’s holdings in Intuit were worth $468,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of INTU. Joseph Group Capital Management bought a new stake in shares of Intuit during the 4th quarter worth approximately $25,000. Intesa Sanpaolo Wealth Management bought a new position in shares of Intuit in the fourth quarter valued at $25,000. HHM Wealth Advisors LLC grew its stake in shares of Intuit by 75.0% in the first quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock valued at $30,000 after buying an additional 30 shares in the last quarter. Whipplewood Advisors LLC acquired a new position in Intuit during the first quarter worth $30,000. Finally, CrossGen Wealth LLC bought a new stake in Intuit during the first quarter worth $32,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit Trading Up 2.6%

Shares of Intuit stock opened at $303.91 on Tuesday. The firm has a 50-day moving average of $291.65 and a 200-day moving average of $389.50. The stock has a market cap of $83.13 billion, a PE ratio of 18.41, a PEG ratio of 1.09 and a beta of 1.00. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $813.70. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, beating the consensus estimate of $12.57 by $0.23. The business had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. Intuit’s revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the company posted $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, sell-side analysts forecast that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 9th were given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Thursday, July 9th. Intuit’s payout ratio is presently 29.07%.

Insider Buying and Selling

In related news, Director Vasant M. Prabhu purchased 500 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was acquired at an average cost of $309.71 per share, for a total transaction of $154,855.00. Following the completion of the purchase, the director owned 1,750 shares in the company, valued at approximately $541,992.50. This represents a 40.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard L. Dalzell sold 284 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total value of $74,498.88. Following the sale, the director directly owned 11,758 shares in the company, valued at $3,084,358.56. This represents a 2.36% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,239 shares of company stock valued at $348,354. 2.49% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on INTU shares. Morgan Stanley downgraded shares of Intuit from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $580.00 to $335.00 in a research report on Tuesday, July 21st. TD Cowen cut shares of Intuit from a “buy” rating to a “negative” rating in a report on Tuesday. Bank of America started coverage on shares of Intuit in a research note on Wednesday, May 27th. They issued a “buy” rating and a $400.00 target price for the company. Susquehanna reduced their price target on Intuit from $550.00 to $427.00 and set a “positive” rating for the company in a report on Monday, July 20th. Finally, Royal Bank Of Canada lowered their price target on Intuit from $600.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. Twenty research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, Intuit currently has an average rating of “Moderate Buy” and an average target price of $468.84.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit is highlighted as an “AI winner” that uses artificial intelligence behind the scenes to reduce costs and improve operating efficiency rather than relying solely on AI product sales. The article also cites strong recent earnings and supportive analyst ratings. These 3 AI Winners Don’t Sell the Tech—They Use It
• Positive Sentiment: The stock’s outperformance in the latest session may have attracted additional momentum-focused buying. Intuit’s latest reported quarter included revenue growth of 10.4% year over year and earnings that exceeded analyst expectations, providing a fundamental backdrop for the advance. Intuit Rises Higher Than Market: Key Facts
• Neutral Sentiment: Multiple law firms reminded investors of September 8–9 deadlines to seek lead-plaintiff status in a securities class action covering purchases made from August 22, 2025, through May 20, 2026. These notices largely repeat existing allegations and do not represent a new company operating update. Rosen Securities Class Action Notice
• Negative Sentiment: The class action alleges that Intuit made material misstatements or omissions about the strength of its tax-related business and TurboTax growth outlook. The litigation follows a sharp prior stock decline and could create legal costs, reputational risk and continued investor uncertainty. Intuit Class Action Lawsuit Notice
• Negative Sentiment: An investment-fund review says Intuit has lost investor appeal because of concerns about AI disruption and future earnings, signaling that valuation and competitive-growth risks remain overhangs despite the recent rebound. Intuit Lost Appeal on AI Disruption and Earnings Concerns

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.