Intuit Inc. $INTU Shares Sold by GAMMA Investing LLC

GAMMA Investing LLC trimmed its holdings in shares of Intuit Inc. (NASDAQ:INTU) by 28.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,133 shares of the software maker’s stock after selling 2,027 shares during the quarter. GAMMA Investing LLC’s holdings in Intuit were worth $1,340,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in INTU. Joseph Group Capital Management acquired a new position in shares of Intuit during the 4th quarter worth approximately $25,000. Intesa Sanpaolo Wealth Management acquired a new position in shares of Intuit during the 4th quarter worth approximately $25,000. HHM Wealth Advisors LLC raised its stake in shares of Intuit by 75.0% during the 1st quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock worth $30,000 after buying an additional 30 shares during the period. Whipplewood Advisors LLC acquired a new position in shares of Intuit during the 1st quarter worth approximately $30,000. Finally, CrossGen Wealth LLC acquired a new position in shares of Intuit during the 1st quarter worth approximately $32,000. 83.66% of the stock is owned by institutional investors and hedge funds.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit announced a partnership with Perplexity to integrate QuickBooks and Mailchimp into Perplexity Computer, an agentic AI assistant. The collaboration could help users move from discovering information to receiving personalized insights and taking actions within Intuit’s software ecosystem. Intuit and Perplexity Team on AI Integrations
• Positive Sentiment: Recent AI-powered product enhancements for mid-market financial management support Intuit’s strategy of using automation and data-driven insights to expand the value of its QuickBooks platform. Intuit unveils AI-powered innovations for mid-market financial management
• Positive Sentiment: A comparison with PayPal argues that Intuit’s broad financial-software ecosystem, recurring customer relationships and AI investments provide a strong foundation for future growth. Intuit or PayPal: Which Fintech Is Built for Future Growth?
• Neutral Sentiment: Analyst commentary notes that INTU has significantly underperformed the Nasdaq over the past year, but expectations for its future remain cautiously positive. Other coverage highlights Intuit’s profitability and market leadership while comparing it with higher-risk AI software companies. Is Intuit Stock Underperforming the Nasdaq?
• Negative Sentiment: Several law firms publicized a securities class action and a September 8 lead-plaintiff deadline involving investors who purchased Intuit shares between February 25, 2025, and June 1, 2026. The notices cite a reassessment of TurboTax’s growth outlook and add legal and reputational uncertainty, although the allegations have not been proven. Intuit Inc. Securities Fraud Lawsuit Deadline
• Negative Sentiment: An Intuit executive sold 906 shares worth approximately $314,000, representing 36% of the executive’s direct holdings before the transaction. While the sale may be routine, its timing can weigh on sentiment amid the stock’s recent decline. An Intuit Executive Sells Over a Third of Their Direct Holdings

Insider Buying and Selling at Intuit

In other news, Director Richard L. Dalzell sold 338 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the transaction, the director owned 12,326 shares of the company’s stock, valued at $3,449,554.36. This represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the transaction, the chief accounting officer directly owned 1,628 shares in the company, valued at approximately $564,167.12. This trade represents a 35.78% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 2,146 shares of company stock worth $662,666. Corporate insiders own 2.49% of the company’s stock.

Intuit Price Performance

Shares of INTU traded up $1.34 during trading hours on Monday, hitting $359.40. 1,871,193 shares of the stock were exchanged, compared to its average volume of 4,382,581. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.45 and a current ratio of 1.51. Intuit Inc. has a 12-month low of $252.84 and a 12-month high of $705.08. The company has a market cap of $98.31 billion, a price-to-earnings ratio of 21.78, a price-to-earnings-growth ratio of 0.92 and a beta of 0.97. The stock’s 50-day moving average price is $307.36 and its two-hundred day moving average price is $356.13.

Intuit (NASDAQ:INTU) last issued its earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.58 by $0.45. The company had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The firm’s quarterly revenue was up 13.7% on a year-over-year basis. During the same period in the prior year, the business earned $2.75 EPS. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. Research analysts expect that Intuit Inc. will post 23.07 earnings per share for the current year.

Intuit Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be paid a $1.38 dividend. This is a boost from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend is Thursday, October 8th. This represents a $5.52 annualized dividend and a dividend yield of 1.5%. Intuit’s dividend payout ratio is currently 33.45%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on INTU shares. Argus reduced their target price on Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a research note on Friday, May 22nd. Northcoast Research reduced their target price on Intuit from $575.00 to $465.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. The Goldman Sachs Group upped their target price on Intuit from $276.00 to $304.00 and gave the stock a “sell” rating in a research note on Wednesday. Stifel Nicolaus set a $300.00 target price on Intuit in a research note on Wednesday, August 26th. Finally, Morgan Stanley reduced their target price on Intuit from $335.00 to $315.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 26th. Seventeen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $434.68.

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, and TurboTax, a tax-preparation and filing service aimed at individual taxpayers. In addition to these core offerings, Intuit has expanded through acquisitions to provide complementary services such as Credit Karma (consumer credit and financial-product marketplace) and Mailchimp (marketing and commerce tools), and it offers professional-grade tax solutions for accountants and tax preparers.

The company serves a mix of consumers, small and mid-sized businesses and accounting professionals across multiple markets, with a particularly large presence in the United States and an expanding international footprint.