Richard Dalzell Sells 333 Shares of Intuit (NASDAQ:INTU) Stock

Intuit Inc. (NASDAQ:INTU) Director Richard Dalzell sold 333 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $297.65, for a total value of $99,117.45. Following the transaction, the director directly owned 12,997 shares in the company, valued at $3,868,557.05. The trade was a 2.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intuit Stock Down 2.6%

NASDAQ:INTU traded down $7.31 during trading hours on Thursday, hitting $276.91. 6,114,929 shares of the company’s stock traded hands, compared to its average volume of 4,285,370. The firm has a market cap of $75.75 billion, a P/E ratio of 16.77, a P/E/G ratio of 1.08 and a beta of 0.98. Intuit Inc. has a twelve month low of $273.27 and a twelve month high of $813.70. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. The stock’s fifty day moving average price is $369.69 and its two-hundred day moving average price is $478.11.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, beating the consensus estimate of $12.57 by $0.23. The firm had revenue of $8.56 billion for the quarter, compared to analyst estimates of $8.54 billion. Intuit had a return on equity of 25.18% and a net margin of 21.91%.Intuit’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the firm earned $11.65 earnings per share. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. On average, research analysts expect that Intuit Inc. will post 18.18 earnings per share for the current fiscal year.

Intuit Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be paid a $1.20 dividend. The ex-dividend date is Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.7%. Intuit’s payout ratio is 29.07%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on INTU. Erste Group Bank upgraded Intuit to a “hold” rating in a research note on Monday, April 27th. Oppenheimer lowered their target price on Intuit from $558.00 to $406.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Deutsche Bank Aktiengesellschaft decreased their price target on Intuit from $600.00 to $530.00 and set a “buy” rating for the company in a research note on Thursday, May 21st. Rothschild & Co Redburn decreased their price target on Intuit from $700.00 to $600.00 and set a “buy” rating for the company in a research note on Tuesday, June 2nd. Finally, Argus decreased their price target on Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a research note on Friday, May 22nd. Twenty-four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and an average target price of $514.58.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit launched new QuickBooks Payroll tools and services in the UK, adding to its small-business product lineup and supporting its international growth strategy. Intuit launches new QuickBooks Payroll tools and services to help UK businesses pay their teams with confidence
• Positive Sentiment: Some analysts and commentators continue to argue the selloff may be overdone, pointing to solid fundamentals and potential deep-value appeal after the stock’s sharp decline. Here’s Why Intuit Inc. (INTU) is One of the Best Deep Value Stocks to Invest in Now
• Neutral Sentiment: Intuit’s Q3 2026 earnings call transcript circulated, keeping investors focused on management’s commentary around growth, margins, and the company’s response to current headwinds. Intuit Reports Q3 2026 Results: Full Earnings Call Transcript
• Neutral Sentiment: Intuit also drew more attention from investors and search activity, which can add volatility but does not by itself change the business outlook. Investors Heavily Search Intuit Inc. (INTU): Here is What You Need to Know
• Negative Sentiment: Two law firms announced investigations into Intuit, including claims tied to pricing issues and possible securities fraud, adding legal overhang after the stock’s recent weakness. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Intuit, Inc. – INTU
• Negative Sentiment: Market commentary also pointed to skepticism that Intuit can fully monetize AI without disruption to its existing products, especially TurboTax and other core offerings. Intuit (INTU) Slid Amid Market Skepticism Over AI Monetization and Disruption
• Negative Sentiment: Reports that Intuit issued new debt and continued cost cuts and layoffs have reinforced concerns about margin pressure, pricing scrutiny, and the need to defend its AI transition. Intuit (INTU) Is Down 8.8% After Leveraging New Debt Amid AI Shifts And Cost Cuts – Has The Bull Case Changed?

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Norges Bank acquired a new stake in Intuit in the 4th quarter valued at approximately $3,058,407,000. Arrowstreet Capital Limited Partnership grew its holdings in Intuit by 102.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,896,561 shares of the software maker’s stock valued at $1,684,795,000 after buying an additional 1,972,719 shares during the last quarter. Alliancebernstein L.P. grew its holdings in Intuit by 183.8% in 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 buying an additional 1,295,199 shares during the last quarter. Nicholas Hoffman & Company LLC. acquired a new stake in Intuit in the 1st quarter valued at approximately $785,564,000. Finally, Vanguard Group Inc. grew its holdings in Intuit by 3.3% in 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 buying an additional 914,024 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

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.