Intuit (NASDAQ:INTU) Director Purchases $386,812.50 in Stock

Intuit Inc. (NASDAQ:INTU) Director Vasant Prabhu acquired 1,250 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was purchased at an average price of $309.45 per share, for a total transaction of $386,812.50. Following the completion of the acquisition, the director owned 1,250 shares in the company, valued at $386,812.50. The trade was a ? increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Intuit Price Performance

Shares of Intuit stock traded down $15.59 during mid-day trading on Tuesday, reaching $304.35. 9,743,034 shares of the stock traded hands, compared to its average volume of 3,994,786. The stock has a market capitalization of $83.25 billion, a PE ratio of 18.43, a PEG ratio of 1.29 and a beta of 1.04. The business has a 50-day moving average of $401.25 and a 200 day moving average of $506.95. Intuit Inc. has a fifty-two week low of $302.36 and a fifty-two week high of $813.70. The company has a quick ratio of 1.32, a current ratio of 1.45 and a debt-to-equity ratio of 0.26.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm had revenue of $8.56 billion for the quarter, compared to analyst estimates of $8.54 billion. During the same period in the previous year, the company posted $11.65 earnings per share. The business’s revenue was up 10.4% on a year-over-year basis. 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, analysts predict that Intuit Inc. will post 17.49 EPS for the current year.

Intuit Announces Dividend

The firm 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 dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, July 9th. Intuit’s payout ratio is 29.07%.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Several recent market commentary pieces continue to frame Intuit as a quality long-term value and growth stock, with analysts remaining broadly bullish on the company’s fundamentals and cash-generating businesses like TurboTax and QuickBooks.
• Positive Sentiment: Zacks highlighted TurboTax’s strong FY26 run, pointing to assisted tax services, faster refunds, and expanding financial tools as growth drivers that could help support revenue momentum. Article Title
• Neutral Sentiment: Intuit’s latest earnings were solid, with revenue and EPS beating expectations, but the company also announced a 17% workforce reduction and a larger AI-focused restructuring effort, which created uncertainty around near-term costs and execution.
• Negative Sentiment: Investor concern increased after reports alleged TurboTax pricing issues and a shareholder law firm launched an investigation into whether Intuit misled investors, adding legal and reputational risk. Article Title
• Negative Sentiment: Separate coverage noted the stock has fallen sharply since the earnings report, with some analysts warning that the combination of pricing pressure, layoffs, and a heavy AI pivot may be weighing on sentiment.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. reduced their target price on shares of Intuit from $750.00 to $605.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Guggenheim set a $633.00 price objective on shares of Intuit in a research note on Monday, March 16th. Jefferies Financial Group cut their price objective on shares of Intuit from $650.00 to $550.00 and set a “buy” rating for the company in a report on Thursday, May 21st. TD Cowen decreased their target price on shares of Intuit from $576.00 to $504.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Finally, BMO Capital Markets lowered their target price on Intuit from $550.00 to $412.00 and set an “outperform” rating on the stock in a report on Thursday, May 21st. 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 stock. Based on data from MarketBeat.com, Intuit presently has an average rating of “Moderate Buy” and a consensus price target of $543.06.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of INTU. Brighton Jones LLC increased its holdings in shares of Intuit by 61.3% during the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock worth $2,233,000 after buying an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in Intuit by 145.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after acquiring an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. purchased a new position in Intuit in the first quarter worth approximately $785,564,000. Sivia Capital Partners LLC grew its position in Intuit by 23.1% in the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock worth $698,000 after acquiring an additional 166 shares during the period. Finally, Florida Financial Advisors LLC increased its stake in Intuit by 12.2% during the second quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after acquiring an additional 51 shares during the last quarter. Institutional investors and hedge funds 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.