Union Bancaire Privee UBP SA Sells 39,806 Shares of Intuit Inc. $INTU

Union Bancaire Privee UBP SA reduced its holdings in Intuit Inc. (NASDAQ:INTU) by 28.9% during the 4th quarter, Holdings Channel reports. The fund owned 97,733 shares of the software maker’s stock after selling 39,806 shares during the quarter. Intuit makes up approximately 1.0% of Union Bancaire Privee UBP SA’s portfolio, making the stock its 18th biggest position. Union Bancaire Privee UBP SA’s holdings in Intuit were worth $67,871,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of INTU. Sagard Holdings Management Inc. acquired a new position in Intuit in the second quarter worth $28,000. Total Investment Management Inc. acquired a new stake in shares of Intuit in the second quarter valued at $33,000. Kilter Group LLC bought a new position in shares of Intuit in the second quarter valued at about $35,000. MTM Investment Management LLC raised its holdings in shares of Intuit by 135.0% in the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after buying an additional 27 shares during the last quarter. Finally, Pin Oak Investment Advisors Inc. acquired a new position in Intuit during the 3rd quarter worth about $33,000. 83.66% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of Intuit stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the transaction, the chief executive officer directly owned 13,611 shares of the company’s stock, valued at $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $629.46, for a total transaction of $840,329.10. Following the completion of the transaction, the chief financial officer directly owned 536 shares of the company’s stock, valued at $337,390.56. This trade represents a 71.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 119,403 shares of company stock worth $79,242,742 in the last ninety days. Company insiders own 2.49% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Morgan Stanley named Intuit a Top Pick and highlighted the company’s positioning; that institutional endorsement lifts investor sentiment and frames upcoming fiscal Q3 results as a catalyst. Intuit stock rises after Morgan Stanley Top Pick designation
• Positive Sentiment: Analysts at Morgan Stanley and other brokers say Intuit’s fiscal Q3 (tax-season visibility) could be a key catalyst for revenue and guidance clarity — a near-term earnings narrative that typically supports multiple expansion. Intuit Fiscal Q3 Seen as Catalyst for Tax-Season Visibility, Growth, Morgan Stanley Says
• Positive Sentiment: Street analysts continue to rate INTU as a buy on its revenue growth profile and cash flow resilience; media pieces summarizing those analyst views can drive inflows from funds and retail buyers. Wall Street Analysts See Intuit (INTU) as a Buy: Should You Invest?
• Positive Sentiment: Management actions: Intuit has stepped up share buybacks while planned insider stock sales were halted — both signals reduce supply and show management confidence, supporting the rally. Intuit steps up share buybacks as leadership halts planned stock sales
• Neutral Sentiment: CEO Sasan Goodarzi gave interviews addressing the canceled insider sales and company strategy; these public comments provide transparency but haven’t changed fundamental guidance. Watch CNBC’s full interview with Intuit CEO Sasan Goodarzi
• Positive Sentiment: Coverage pieces that list INTU among top sales-growth/defensive software stocks can attract longer-term buyers who favor secular software growth stories. 3 Sales Growth Stocks to Bet on Despite Geopolitical Conflicts
• Negative Sentiment: Product strategy risk: accelerating the exit from QuickBooks Desktop could test customer loyalty and create migration opportunities for rivals (Xero, others); this is a potential medium-term revenue/retention headwind to monitor. Intuit Desktop Exit Tests Customer Loyalty As Rivals Court QuickBooks Users

Analyst Ratings Changes

INTU has been the topic of a number of research analyst reports. KeyCorp decreased their price objective on shares of Intuit from $750.00 to $520.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Oppenheimer reduced their target price on shares of Intuit from $696.00 to $558.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Stifel Nicolaus lowered their price target on shares of Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a report on Friday, February 27th. Daiwa Securities Group dropped their price objective on shares of Intuit from $800.00 to $640.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. Finally, Northcoast Research raised 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. One equities research 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, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $638.06.

Intuit Price Performance

INTU opened at $455.24 on Friday. The company has a fifty day moving average price of $466.88 and a two-hundred day moving average price of $594.81. The firm has a market capitalization of $125.90 billion, a PE ratio of 29.48, a P/E/G ratio of 1.80 and a beta of 1.26. Intuit Inc. has a 52 week low of $349.00 and a 52 week high of $813.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32.

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

Intuit Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be given a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, April 9th. Intuit’s dividend payout ratio (DPR) is currently 31.09%.

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.