Intuit Inc. $INTU Shares Sold by Mar Vista Investment Partners LLC

Mar Vista Investment Partners LLC lowered its holdings in Intuit Inc. (NASDAQ:INTU) by 12.1% during the third quarter, HoldingsChannel.com reports. The fund owned 63,501 shares of the software maker’s stock after selling 8,774 shares during the period. Intuit accounts for about 3.8% of Mar Vista Investment Partners LLC’s portfolio, making the stock its 11th biggest position. Mar Vista Investment Partners LLC’s holdings in Intuit were worth $43,365,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of INTU. Tortoise Investment Management LLC raised its stake in Intuit by 540.0% during the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after acquiring an additional 27 shares in the last quarter. Westside Investment Management Inc. lifted its stake in Intuit by 161.5% during the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock valued at $27,000 after purchasing an additional 21 shares during the last quarter. Sagard Holdings Management Inc. purchased a new stake in shares of Intuit during the second quarter valued at $28,000. True Wealth Design LLC boosted its holdings in shares of Intuit by 270.0% in the second quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after buying an additional 27 shares during the period. Finally, MTM Investment Management LLC boosted its stake in Intuit by 135.0% in the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock worth $32,000 after purchasing an additional 27 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Insider Activity at Intuit

In other Intuit news, Director Scott D. Cook sold 75,000 shares of the business’s stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $673.43, for a total value of $50,507,250.00. Following the sale, the director owned 5,669,584 shares in the company, valued at approximately $3,818,067,953.12. The trade was a 1.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Richard L. Dalzell sold 333 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $659.95, for a total transaction of $219,763.35. Following the transaction, the director owned 13,476 shares of the company’s stock, valued at $8,893,486.20. The trade was a 2.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 388,464 shares of company stock worth $255,514,393 over the last ninety days. 2.49% of the stock is owned by corporate insiders.

Intuit Price Performance

Intuit stock opened at $381.23 on Thursday. The firm has a market capitalization of $106.08 billion, a P/E ratio of 26.06, a PEG ratio of 1.47 and a beta of 1.24. The business has a 50-day moving average of $536.83 and a 200-day moving average of $621.70. 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 Inc. has a 1 year low of $349.00 and a 1 year high of $813.70.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on INTU shares. Truist Financial assumed coverage on Intuit in a research report on Tuesday, January 6th. They issued a “buy” rating and a $739.00 target price on the stock. Jefferies Financial Group set a $650.00 target price on Intuit in a report on Sunday. Oppenheimer dropped their price objective on shares of Intuit from $868.00 to $696.00 and set an “outperform” rating on the stock in a report on Tuesday, February 3rd. Mizuho set a $675.00 target price on Intuit in a research note on Thursday, February 19th. Finally, UBS Group set a $739.00 price target on shares of Intuit in a research note on Tuesday, January 6th. Twenty-two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $726.18.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Announced a multi‑year partnership with Anthropic to build customizable AI agents for QuickBooks/TurboTax and to surface Intuit’s financial models inside Anthropic products — this reassures investors that Intuit is leaning into AI as a capability enhancer (boost to product moat and revenue optionality). Read More.
• Positive Sentiment: Analyst reaction: William Blair and other voices highlighted the Anthropic tie as strengthening Intuit’s AI roadmap and competitive moat, helping underpin buy ratings and bullish commentary. Read More.
• Neutral Sentiment: Upcoming earnings: Intuit is set to report soon; previews expect continued double‑digit revenue growth across QuickBooks, TurboTax and Credit Karma, but results/outlook will be a key near‑term catalyst. Read More.
• Neutral Sentiment: Sector context: software names remain under pressure as investors sort winners vs. losers in the AI cycle — this creates volatility but also narrative support for well‑positioned names like Intuit. Read More.
• Negative Sentiment: Analyst downside pressure: Wells Fargo trimmed its price target sharply (from $700 to $425) and other firms issued cautious forecasts — these downgrades increase near‑term selling risk despite the Anthropic news. Read More.
• Negative Sentiment: Short interest jumped ~40% month‑over‑month to ~8.3M shares (~3.1% of float), raising the potential for continued downward pressure or volatility if sentiment reverses — days‑to‑cover remains modest (~1.7 days), so squeezes are possible but limited.
• Negative Sentiment: Shares recently hit a 52‑week low amid the sector selloff, reflecting persistent investor anxiety that could limit upside until earnings and early Anthropic integrations show traction. Read More.

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.