Investment House LLC Sells 25,119 Shares of Intuit Inc. $INTU

Investment House LLC lessened its position in Intuit Inc. (NASDAQ:INTU) by 39.0% during the third quarter, Holdings Channel reports. The fund owned 39,345 shares of the software maker’s stock after selling 25,119 shares during the period. Investment House LLC’s holdings in Intuit were worth $10,848,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. E. Ohman J or Asset Management AB raised its stake in shares of Intuit by 4.2% during the third quarter. E. Ohman J or Asset Management AB now owns 9,878 shares of the software maker’s stock worth $2,723,000 after acquiring an additional 400 shares in the last quarter. SBI Securities Co. Ltd. boosted its stake in shares of Intuit by 22.2% in the 3rd quarter. SBI Securities Co. Ltd. now owns 2,519 shares of the software maker’s stock valued at $695,000 after purchasing an additional 458 shares in the last quarter. Reyes Financial Architecture Inc. purchased a new stake in shares of Intuit in the 3rd quarter valued at $118,000. Woodward Diversified Capital LLC bought a new stake in Intuit in the third quarter worth $354,000. Finally, Vest Financial LLC lifted its stake in Intuit by 166.7% in the third quarter. Vest Financial LLC now owns 95,789 shares of the software maker’s stock worth $26,410,000 after purchasing an additional 59,876 shares during the last quarter. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Insider Activity

In related news, CAO Lauren Hotz sold 907 shares of Intuit stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $346.54, for a total value of $314,311.78. Following the completion of the sale, the chief accounting officer directly owned 1,628 shares in the company, valued at $564,167.12. The trade was a 35.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Richard Dalzell sold 285 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total transaction of $92,727.60. Following the completion of the sale, the director directly owned 11,531 shares of the company’s stock, valued at $3,751,726.16. The trade was a 2.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.49% of the company’s stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: AI-powered free tax filing launch: Intuit introduced a free federal filing service through Credit Karma Tax, with AI features for error detection, refund optimization, and financial guidance. The product could expand customer adoption and strengthen Intuit’s consumer ecosystem. Intuit Rolls Out Free Federal AI Tax Filing
• Positive Sentiment: Investment in Coast supports fintech expansion: Intuit Ventures participated in Coast’s $35 million funding round. Coast provides payments and expense-management tools for businesses in the physical economy, potentially giving Intuit exposure to additional small-business financial workflows and future partnership opportunities. Coast Raises $35 Million to Build the Financial Platform for the Physical Economy
• Positive Sentiment: Valuation and fundamentals support a rebound thesis: A bullish analysis highlighted Intuit’s roughly 81% gross margin, substantial free cash flow, recurring revenue, and comparatively lower forward valuation. Recent earnings also exceeded expectations, with revenue growth and raised fiscal 2027 guidance providing additional support for the recovery case. Intuit vs. PYPL and XYZ
• Neutral Sentiment: Analysts see both opportunity and execution risk: Intuit is positioned to benefit from AI adoption, recurring software revenue, and product expansion, but competition and the need to execute new initiatives remain important risks. Top Analyst Reports for Salesforce, S&P and Intuit
• Negative Sentiment: Recent underperformance remains a concern: A bearish analysis cited softer quarterly results, competitive pressure, and execution concerns as reasons investors could remain cautious despite the recent recovery. 3 Reasons to Sell INTU

Intuit Trading Up 5.7%

Shares of INTU stock opened at $354.90 on Friday. The company has a market cap of $94.84 billion, a price-to-earnings ratio of 18.33, a PEG ratio of 1.11 and a beta of 1.01. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $689.17. The firm has a fifty day moving average price of $320.91 and a 200-day moving average price of $325.43. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.51 and a quick ratio of 1.51.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. Intuit had a net margin of 21.29% and a return on equity of 25.97%. The company had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same period in the prior year, the company posted $2.75 EPS. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, equities analysts predict that Intuit Inc. will post 23.02 earnings per share for the current year.

Intuit Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, October 8th were issued a $1.38 dividend. The ex-dividend date was Thursday, October 8th. This is a positive change from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.6%. Intuit’s dividend payout ratio (DPR) is presently 33.45%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on INTU. Mizuho reiterated an “outperform” rating and issued a $430.00 price objective on shares of Intuit in a research report on Friday, September 18th. Citigroup cut their price objective on Intuit from $591.00 to $457.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th. Susquehanna decreased their target price on Intuit from $427.00 to $415.00 and set a “positive” rating for the company in a research report on Wednesday, August 26th. Morgan Stanley lowered their target price on Intuit from $335.00 to $315.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 26th. Finally, Wells Fargo & Company cut their price objective on shares of Intuit from $360.00 to $300.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 26th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Intuit currently has a consensus rating of “Hold” and a consensus price target of $431.55.

Intuit Profile

Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.

The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.