Intuit (NASDAQ:INTU) Shares Bought Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Intuit Inc. (NASDAQ:INTU). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Intuit stock on August 18th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

Intuit Price Performance

NASDAQ:INTU traded up $8.80 during trading hours on Friday, hitting $321.57. 2,304,990 shares of the stock were exchanged, compared to its average volume of 3,890,493. The firm’s fifty day moving average price is $320.93 and its 200 day moving average price is $352.07. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $705.08. The company has a market cap of $85.94 billion, a P/E ratio of 19.49, a P/E/G ratio of 0.92 and a beta of 0.98. The company has a current ratio of 1.51, a quick ratio of 1.45 and a debt-to-equity ratio of 0.34.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. Intuit had a return on equity of 25.97% and a net margin of 21.29%.The firm had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same period in the previous year, the company posted $2.75 earnings per share. The business’s revenue was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, equities research analysts anticipate that Intuit Inc. will post 23.49 EPS for the current fiscal year.

Intuit Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, October 8th will be paid a dividend of $1.38 per share. This is an increase from Intuit’s previous quarterly dividend of $1.20. The ex-dividend date is Thursday, October 8th. This represents a $5.52 annualized dividend and a yield of 1.7%. Intuit’s dividend payout ratio (DPR) is presently 33.45%.

Institutional Trading of Intuit

Hedge funds and other institutional investors have recently modified their holdings of the stock. Rench Wealth Management Inc. boosted its holdings in Intuit by 93.9% in the 2nd quarter. Rench Wealth Management Inc. now owns 16,451 shares of the software maker’s stock valued at $4,294,000 after purchasing an additional 7,966 shares during the last quarter. Capstone Financial Advisors Inc. increased its holdings in shares of Intuit by 91.2% during the 2nd quarter. Capstone Financial Advisors Inc. now owns 1,048 shares of the software maker’s stock worth $274,000 after buying an additional 500 shares during the last quarter. National Pension Service increased its holdings in shares of Intuit by 8.6% during the 2nd quarter. National Pension Service now owns 700,231 shares of the software maker’s stock worth $182,760,000 after buying an additional 55,375 shares during the last quarter. Triad Investment Management raised its position in shares of Intuit by 39.4% during the 2nd quarter. Triad Investment Management now owns 8,559 shares of the software maker’s stock valued at $2,234,000 after buying an additional 2,421 shares during the period. Finally, Engineers Gate Manager LP lifted its holdings in Intuit by 2,259.7% in the second quarter. Engineers Gate Manager LP now owns 19,515 shares of the software maker’s stock valued at $5,093,000 after acquiring an additional 18,688 shares during the last quarter. 83.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on INTU shares. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Intuit from $530.00 to $425.00 and set a “buy” rating on the stock in a research note on Wednesday, August 19th. TD Cowen reiterated a “buy” rating on shares of Intuit in a research report on Tuesday, August 18th. Morgan Stanley decreased their price target on shares of Intuit from $335.00 to $315.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 26th. Evercore restated an “outperform” rating on shares of Intuit in a research report on Tuesday, August 18th. Finally, Susquehanna dropped their price objective on shares of Intuit from $427.00 to $415.00 and set a “positive” rating for the company in a research note on Wednesday, August 26th. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Intuit has a consensus rating of “Hold” and an average target price of $430.97.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Royal Bank of Canada reaffirmed its “outperform” rating and set a $385 price target, implying meaningful upside from recent trading levels. The endorsement supports the view that Intuit’s valuation does not fully reflect its long-term growth opportunities.
• Positive Sentiment: Intuit’s CFO outlined plans to build an “end-to-end consumer platform” spanning tax, personal finance, credit and other financial-management services. Greater integration across TurboTax, Credit Karma and related products could increase customer engagement, cross-selling and recurring revenue. Intuit CFO outlines consumer platform strategy
• Positive Sentiment: A review of Intuit’s latest quarterly results highlighted its earnings beat and double-digit revenue growth, reinforcing the company’s strong fundamental performance relative to parts of the finance and human-resources software sector. Intuit Q2 earnings review
• Neutral Sentiment: Director Richard Dalzell sold 285 shares worth approximately $92,728 under a pre-arranged Rule 10b5-1 trading plan. The transaction reduced his ownership by 2.41%, but its planned nature limits its value as a signal about management’s current outlook. Intuit insider transaction filing
• Negative Sentiment: A tax-policy analysis criticized Intuit for reportedly paying no federal corporate income tax, potentially renewing reputational and regulatory concerns surrounding TurboTax and the tax-preparation industry. The report is unlikely to affect near-term earnings but may add headline risk. ITEP analysis of Intuit’s federal taxes

Insider Activity at Intuit

In other Intuit news, CAO Lauren Hotz sold 907 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the sale, the chief accounting officer owned 1,628 shares of the company’s stock, valued at $564,167.12. This trade represents a 35.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard Dalzell sold 285 shares of Intuit stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total value of $92,727.60. Following the completion of the sale, the director owned 11,531 shares in the company, valued at $3,751,726.16. This represents a 2.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,760 shares of company stock valued at $561,683 over the last quarter. 2.49% of the stock is currently owned by company insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Intuit Company Profile

Intuit Inc is a financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, tax obligations and customer relationships. The company is headquartered in Mountain View, California, and serves customers primarily in the United States and Canada, with additional international availability for certain products.

Its principal offerings include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, invoicing, payroll and payments tools for small businesses and self-employed individuals; Credit Karma, a personal finance platform offering credit monitoring and related financial products; and Mailchimp, an email marketing and customer engagement service for businesses.

Intuit was founded in 1983 by Scott Cook and Tom Proulx.