Rep. Gilbert Ray Cisneros, Jr. Sells Intuit Inc. (NASDAQ:INTU) Shares

Posted by Max Byerly on May 12th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Intuit Inc. (NASDAQ:INTU). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intuit stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Intuit Stock Down 1.4%

Shares of NASDAQ INTU traded down $5.55 during mid-day trading on Tuesday, hitting $387.74. The company had a trading volume of 2,574,666 shares, compared to its average volume of 2,558,083. The company has a market capitalization of $107.23 billion, a PE ratio of 25.11, a price-to-earnings-growth ratio of 1.58 and a beta of 1.04. The firm has a 50-day simple moving average of $416.59 and a two-hundred day simple moving average of $526.41. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a one year low of $342.11 and a one year high of $813.70.

Intuit (NASDAQ:INTU – Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping 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 business 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. Intuit’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. On average, equities analysts expect that Intuit Inc. will post 17.44 EPS for the current year.

Intuit Dividend Announcement

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

Insider Activity

In other news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction 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 completion of the transaction, the director directly owned 13,253 shares in the company, valued at approximately $5,836,621.20. This represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.49% of the company’s stock.

Institutional Investors Weigh In On Intuit

Hedge funds have recently bought and sold shares of the stock. Joseph Group Capital Management acquired a new position in Intuit during the fourth quarter valued at approximately $25,000. Intesa Sanpaolo Wealth Management acquired a new position in Intuit during the fourth quarter valued at approximately $25,000. MTM Investment Management LLC raised its position in Intuit by 135.0% during the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after purchasing an additional 27 shares in the last quarter. Pin Oak Investment Advisors Inc. bought a new stake in shares of Intuit during the 3rd quarter valued at approximately $33,000. Finally, Birchwood Financial Partners Inc. bought a new stake in shares of Intuit during the 4th quarter valued at approximately $33,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

INTU has been the subject of a number of research analyst reports. TD Cowen reduced their price target on Intuit from $633.00 to $576.00 and set a “buy” rating for the company in a report on Monday. Mizuho reduced their price target on Intuit from $675.00 to $600.00 and set an “outperform” rating for the company in a report on Monday, March 2nd. Weiss Ratings cut Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday. KeyCorp reduced their price target on Intuit from $750.00 to $520.00 and set an “overweight” rating for the company in a report on Friday, February 27th. Finally, Erste Group Bank upgraded Intuit to a “hold” rating in a report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Intuit currently has an average rating of “Moderate Buy” and an average price target of $634.26.

View Our Latest Stock Analysis on Intuit

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

Positive Sentiment: TD Cowen reiterated a Buy rating on Intuit and still sees substantial upside, even after trimming its price target to $576 from $633. The firm cited attractive valuation and expected outperformance. Article Title
Positive Sentiment: Seeking Alpha published a bullish take arguing that Intuit’s recent weakness could be a long-term buying opportunity, supporting sentiment around the stock’s AI and software platform strategy. Article Title
Positive Sentiment: Intuit’s new QuickBooks Workforce launch could strengthen its platform by bundling payroll, hiring, time tracking, benefits, and compliance into one AI-powered product, potentially deepening customer reliance and expanding monetization. Article Title
Neutral Sentiment: Vapi’s $50 million funding round highlighted that Intuit is among the companies using its voice AI platform, but the news was broader sector coverage and did not directly change Intuit’s fundamentals. Article Title
Negative Sentiment: Separate market coverage noted Intuit dipped more than the broader market, reflecting ongoing investor caution even as analysts remain constructive. Article Title
Negative Sentiment: TD Cowen lowered its price target from $633 to $576, which can signal moderating expectations despite keeping a bullish rating. Article Title

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Intuit

(Get Free Report)

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.