Polar Asset Management Partners Inc. Invests $7.03 Million in Intuit Inc. $INTU

Polar Asset Management Partners Inc. acquired a new stake in shares of Intuit Inc. (NASDAQ:INTU) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 10,296 shares of the software maker’s stock, valued at approximately $7,031,000.

A number of other large investors have also bought and sold shares of INTU. Sagard Holdings Management Inc. acquired a new stake in Intuit during the 2nd quarter worth approximately $28,000. Total Investment Management Inc. acquired a new position in shares of Intuit in the second quarter valued at approximately $33,000. Kilter Group LLC bought a new stake in shares of Intuit during the second quarter worth $35,000. MTM Investment Management LLC increased its position in shares of Intuit by 135.0% during the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock worth $32,000 after acquiring an additional 27 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in shares of Intuit during the third quarter worth $33,000. 83.66% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Northcoast Research raised shares of Intuit from a “neutral” rating to a “buy” rating and set a $575.00 target price for the company in a research note on Friday, March 6th. Truist Financial began coverage on Intuit in a research note on Tuesday, January 6th. They issued a “buy” rating and a $739.00 price target on the stock. Scotiabank set a $575.00 price objective on Intuit in a research report on Friday, March 6th. Guggenheim set a $633.00 target price on Intuit in a research report on Monday. Finally, Rothschild & Co Redburn upgraded Intuit from a “neutral” rating to a “buy” rating and boosted their target price for the company from $670.00 to $700.00 in a research note on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Intuit currently has a consensus rating of “Moderate Buy” and an average target price of $638.06.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Management halted planned insider stock sales and increased buybacks, reducing near-term share supply and signaling confidence from leadership. Intuit leaders cancel stock sales Intuit steps up share buybacks
• Positive Sentiment: Broker support: BNP Paribas Exane upgraded Intuit and Wall Street analysts remain generally constructive, which can help sentiment and buying interest. Intuit Stock Rating Upgraded by BNP Paribas Exane Wall Street Analysts See Intuit (INTU) as a Buy
• Neutral Sentiment: Seasonal promotions for TurboTax (tax-season deals) may help near-term consumer demand but are unlikely to change the longer-term revenue trajectory materially. TurboTax deals: Tax day is almost here!
• Neutral Sentiment: Company messaging: Intuit is publicly pushing back against AI disruption narratives—arguing customers “buy confidence” rather than software—an attempt to calm investors but not an immediate earnings catalyst. Why Intuit says it is insulated from AI disruption
• Negative Sentiment: QuickBooks Desktop sunset is accelerating and rivals (notably Xero via Xendoo/Q2X) are actively targeting migrations; this raises retention and market-share risk for Intuit’s small-business franchise. Intuit Desktop Exit Tests Customer Loyalty
• Negative Sentiment: Policy risk: Senator Warren’s Direct File Act would create a free government-run tax filing option, a longer-term structural threat to TurboTax revenue if enacted and adopted. This is a headline risk investors are watching. Direct File Act of 2026 (QuiverQuant)
• Negative Sentiment: Sector/credit pressure and AI fears: software names have been under pressure from AI disruption concerns and debt-market de-risking, which is spilling over to Intuit despite its earnings strength—investors are repricing growth and risk across the group. Analysis: Debt investors offloading exposure to software

Insiders Place Their Bets

In other news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total transaction of $146,653.20. Following the completion of the transaction, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Sandeep Aujla sold 1,335 shares of the stock in a transaction on Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the sale, the chief financial officer owned 536 shares in the company, valued at approximately $337,390.56. This trade represents a 71.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 120,501 shares of company stock worth $79,983,892 in the last three months. 2.49% of the stock is owned by corporate insiders.

Intuit Price Performance

Shares of INTU opened at $446.79 on Thursday. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. The company’s fifty day simple moving average is $470.83 and its 200 day simple moving average is $595.79. Intuit Inc. has a 1-year low of $349.00 and a 1-year high of $813.70. The company has a market cap of $123.56 billion, a price-to-earnings ratio of 28.94, a PEG ratio of 1.85 and a beta of 1.26.

Intuit (NASDAQ:INTU) last announced its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, beating analysts’ consensus estimates of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The firm had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. During the same quarter last year, the company posted $3.32 earnings per share. The company’s revenue for the quarter was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, research analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

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