STF Management LP Sells 3,011 Shares of Intuit Inc. $INTU

STF Management LP cut its position in shares of Intuit Inc. (NASDAQ:INTU) by 71.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,224 shares of the software maker’s stock after selling 3,011 shares during the period. Intuit comprises 0.8% of STF Management LP’s portfolio, making the stock its 29th biggest position. STF Management LP’s holdings in Intuit were worth $811,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of INTU. Alliancebernstein L.P. raised its position in Intuit by 183.8% during the 3rd quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker’s stock valued at $1,365,640,000 after purchasing an additional 1,295,199 shares in the last quarter. Nicholas Hoffman & Company LLC. bought a new stake in Intuit during the 1st quarter valued at $785,564,000. Vanguard Group Inc. raised its position in Intuit by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock valued at $19,546,243,000 after purchasing an additional 914,024 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Intuit by 520.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 558,499 shares of the software maker’s stock valued at $381,405,000 after purchasing an additional 468,547 shares in the last quarter. Finally, Jericho Capital Asset Management L.P. bought a new stake in shares of Intuit in the 3rd quarter valued at about $267,018,000. 83.66% of the stock is owned by institutional investors.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Investor sentiment is improving around INTU’s valuation after a year of share-price weakness, with a new article arguing the stock may be oversold and potentially attractive for long-term buyers. Is Intuit Stock Oversold Now, Finally Making It a Buy?
• Positive Sentiment: Coverage ahead of Q3 earnings highlights that Wall Street will be watching Intuit’s key metrics closely, which can reinforce expectations that the company continues to post double-digit growth and may deliver another solid quarter. Ahead of Intuit (INTU) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Positive Sentiment: Intuit also drew attention for expanding its Enterprise Suite with AI-powered automation and analytics, signaling continued product innovation that could support mid-market growth and future recurring revenue. Intuit Expands Enterprise Suite With AI: Will It Boost Growth?

Intuit Stock Performance

NASDAQ:INTU opened at $393.00 on Friday. 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 firm has a market capitalization of $108.68 billion, a price-to-earnings ratio of 25.45, a PEG ratio of 1.58 and a beta of 1.04. The firm’s fifty day simple moving average is $413.60 and its 200 day simple moving average is $521.20. Intuit Inc. has a twelve month low of $342.11 and a twelve month high of $813.70.

Intuit (NASDAQ:INTU) last posted its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, beating the consensus estimate of $3.68 by $0.47. The business had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The business’s quarterly revenue was up 17.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.32 EPS. 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, equities research analysts expect that Intuit Inc. will post 17.44 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, April 9th were paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, April 9th. Intuit’s dividend payout ratio (DPR) is currently 31.09%.

Insider Activity at Intuit

In related news, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $440.40, for a total transaction of $146,653.20. Following the transaction, the director owned 13,253 shares in the company, valued at $5,836,621.20. This trade represents a 2.45% 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. 2.49% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently weighed in on INTU shares. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Daiwa Securities Group reduced their target price on shares of Intuit from $800.00 to $640.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. BNP Paribas Exane upgraded shares of Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 price objective on the stock in a research note on Monday, March 16th. Scotiabank set a $575.00 price objective on shares of Intuit in a research note on Friday, March 6th. Finally, TD Cowen lowered their target price on Intuit from $633.00 to $576.00 and set a “buy” rating on the stock in a report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Intuit presently has an average rating of “Moderate Buy” and a consensus target price of $634.26.

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.