Intuit (NASDAQ:INTU) Shares Unloaded Rep. Rick W. Allen

Representative Rick W. Allen (Republican-Georgia) recently sold shares of Intuit Inc. (NASDAQ:INTU). In a filing disclosed on June 05th, the Representative disclosed that they had sold between $15,001 and $50,000 in Intuit stock on April 16th. The trade occurred in the Representative’s “R.W. ALLEN & ASSOCIATES, INC. > RWA&A – SECURITIES” account.

Representative Rick W. Allen also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Procter & Gamble (NYSE:PG) on 4/16/2026.
• Sold $15,001 – $50,000 in shares of S&P Global (NYSE:SPGI) on 4/16/2026.
• Sold $15,001 – $50,000 in shares of Abbott Laboratories (NYSE:ABT) on 4/16/2026.
• Sold $50,001 – $100,000 in shares of Ameriprise Financial (NYSE:AMP) on 4/15/2026.

Intuit Price Performance

Intuit stock traded down $11.73 during midday trading on Tuesday, reaching $293.78. The company had a trading volume of 4,916,624 shares, compared to its average volume of 6,621,046. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. Intuit Inc. has a 12-month low of $291.18 and a 12-month high of $813.70. The company has a market capitalization of $80.36 billion, a P/E ratio of 17.79, a P/E/G ratio of 1.12 and a beta of 0.98. The firm’s fifty day simple moving average is $372.58 and its 200-day simple moving average is $480.60.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, topping the consensus estimate of $12.57 by $0.23. The company had revenue of $8.56 billion during 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 business earned $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. As a group, equities analysts anticipate that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 9th will be given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Thursday, July 9th. Intuit’s dividend payout ratio is 29.07%.

Institutional Trading of Intuit

Large investors have recently added to or reduced their stakes in the stock. Joseph Group Capital Management purchased a new stake in Intuit in the fourth quarter valued at $25,000. Intesa Sanpaolo Wealth Management purchased a new position in shares of Intuit during the 4th quarter worth $25,000. HHM Wealth Advisors LLC increased its position in shares of Intuit by 75.0% during the 1st quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock worth $30,000 after purchasing an additional 30 shares during the last quarter. Whipplewood Advisors LLC acquired a new stake in shares of Intuit during the 1st quarter worth about $30,000. Finally, CrossGen Wealth LLC purchased a new stake in Intuit in the 1st quarter valued at about $32,000. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit continues to highlight solid underlying business trends, including roughly 10%+ revenue growth and management commentary from recent conference appearances that can help reassure investors about the company’s long-term fundamentals.
• Positive Sentiment: Recent coverage still frames Intuit as a growth stock, and some analysts/investors point to share repurchases, dividend increases, and strength in key segments like tax and payments as signs of ongoing cash generation and confidence in the business.
• Neutral Sentiment: Multiple conference transcript posts from the Mizuho Technology Conference and Nasdaq & Jefferies investor conference likely kept Intuit in focus, but these appear to be informational rather than new catalysts.
• Neutral Sentiment: MarketWatch-style relative-performance and benchmarking pieces suggest INTU has been lagging peers, but these articles mainly reflect comparison-based weakness rather than a company-specific shock.
• Neutral Sentiment: Short-interest data showed no meaningful change, so it does not appear to be a major driver of the stock move.
• Negative Sentiment: The biggest pressure point is a wave of securities-fraud and investor-investigation headlines tied to alleged pricing issues around TurboTax and the post-earnings selloff, which can weigh on sentiment and raise litigation overhang concerns. Article Title
• Negative Sentiment: Additional law-firm investigations from Pomerantz, KSF, and BFA reinforce the same legal-risk narrative, which can keep INTU under pressure even if fundamentals remain intact. Article Title
• Negative Sentiment: Articles noting Intuit as one of the worst performers in the Nasdaq 100 this year may be fueling momentum selling and “bad news is bad news” trading behavior.

Insider Transactions at Intuit

In other news, Director Richard L. Dalzell sold 333 shares of the company’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 value of $146,653.20. Following 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Vasant M. Prabhu acquired 1,250 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were bought at an average cost of $309.45 per share, with a total value of $386,812.50. Following the transaction, the director directly owned 1,250 shares in the company, valued at $386,812.50. This trade represents a ? increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 2.49% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on INTU. Guggenheim set a $633.00 price objective on Intuit in a research note on Monday, March 16th. Bank of America initiated coverage on shares of Intuit in a report on Wednesday, May 27th. They set a “buy” rating and a $400.00 target price for the company. Argus reduced their target price on shares of Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a research report on Friday, May 22nd. HSBC decreased their price target on shares of Intuit from $897.00 to $707.00 and set a “buy” rating on the stock in a research note on Friday, May 22nd. Finally, Weiss Ratings upgraded shares of Intuit from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, May 27th. Twenty-four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $514.58.

About Representative Allen

Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia’s 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia’s 12th Congressional District. He won in the general election on November 5, 2024.

Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction.

After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.

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.