Townsquare Capital LLC Sells 1,951 Shares of Intuit Inc. $INTU

Townsquare Capital LLC cut its holdings in Intuit Inc. (NASDAQ:INTU) by 60.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,296 shares of the software maker’s stock after selling 1,951 shares during the period. Townsquare Capital LLC’s holdings in Intuit were worth $859,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. GW&K Investment Management LLC grew its holdings in shares of Intuit by 8.6% in the third quarter. GW&K Investment Management LLC now owns 202 shares of the software maker’s stock valued at $138,000 after acquiring an additional 16 shares in the last quarter. Cannell & Spears LLC grew its holdings in Intuit by 0.4% during the third quarter. Cannell & Spears LLC now owns 3,868 shares of the software maker’s stock valued at $2,641,000 after purchasing an additional 16 shares during the period. Betterment LLC grew its holdings in Intuit by 2.1% during the third quarter. Betterment LLC now owns 779 shares of the software maker’s stock valued at $532,000 after purchasing an additional 16 shares during the period. Crawford Investment Counsel Inc. grew its holdings in Intuit by 4.7% during the third quarter. Crawford Investment Counsel Inc. now owns 377 shares of the software maker’s stock valued at $257,000 after purchasing an additional 17 shares during the period. Finally, Value Partners Investments Inc. grew its holdings in Intuit by 0.4% during the fourth quarter. Value Partners Investments Inc. now owns 3,963 shares of the software maker’s stock valued at $2,629,000 after purchasing an additional 17 shares during the period. 83.66% of the stock is owned by institutional investors.

Insider Activity at Intuit

In related news, Director Vasant M. Prabhu purchased 1,250 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was purchased at an average cost of $309.45 per share, with a total value of $386,812.50. Following the completion of the acquisition, the director directly owned 1,250 shares of the company’s stock, valued at approximately $386,812.50. The trade was a ? increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 2.49% of the stock is owned by insiders.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Some commentators argue the selloff has created a buying opportunity, pointing to Intuit’s still-solid fundamentals and suggesting the stock may be oversold after the recent decline. Article: Intuit’s Stock Price Plunge Represents a Golden Buying Opportunity
• Positive Sentiment: Third-party valuation coverage says INTU could be materially undervalued, with one DCF-based analysis estimating a much higher fair value than the current share price. Article: Is INTU Undervalued? DCF Says Worth $720
• Neutral Sentiment: Intuit presented at recent investor conferences, which may help reassure investors about strategy and product execution, but these appearances did not include a major new catalyst. Article: Intuit Inc. (INTU) Presents at Mizuho Technology Conference 2026 Transcript
• Neutral Sentiment: Analysts and market commentary continue to frame Intuit as a growth and value stock, with some coverage highlighting its relatively low P/E versus history and peers. Article: Here’s Why Intuit (INTU) is a Strong Growth Stock
• Negative Sentiment: News flow around Intuit has turned more bearish after reports of a large stock drop tied to pricing concerns, with investigators looking into whether the company misled investors about TurboTax pricing. Article: Stock Drop Alert: Intuit (INTU) 20% Stock Drop on Pricing Issues Trigger Securities Fraud Investigation on behalf of Investors
• Negative Sentiment: Law firms have launched investor investigations into Intuit, adding legal overhang and reinforcing concerns that the stock’s decline may be tied to disclosure and pricing issues. Article: Intuit Investigation: Intuit (INTU) Investigated for Misrepresenting its Pricing Issues
• Negative Sentiment: One recent article highlighted that Intuit is leveraging new debt while facing AI-driven competitive pressure and cost-cutting measures, which may be raising investor concerns about margins and execution. Article: Intuit (INTU) Is Down 8.8% After Leveraging New Debt Amid AI Shifts And Cost Cuts

Intuit Price Performance

Intuit stock opened at $284.22 on Thursday. Intuit Inc. has a one year low of $281.93 and a one year high of $813.70. The business has a fifty day moving average price of $369.69 and a 200-day moving average price of $478.11. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45. The firm has a market capitalization of $77.75 billion, a P/E ratio of 17.22, a PEG ratio of 1.08 and a beta of 0.98.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 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 during the quarter, compared to analyst estimates of $8.54 billion. During the same period last year, the company earned $11.65 earnings per share. The business’s revenue for the quarter 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. As a group, equities research analysts forecast that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 9th will be issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, July 9th. Intuit’s dividend payout ratio (DPR) is presently 29.07%.

Wall Street Analyst Weigh In

INTU has been the subject of several research reports. JPMorgan Chase & Co. reduced their price objective on Intuit from $750.00 to $605.00 and set an “overweight” rating for the company in a report on Friday, February 27th. Evercore reduced their price objective on Intuit from $540.00 to $400.00 and set an “outperform” rating for the company in a report on Thursday, May 21st. Rothschild & Co Redburn reduced their price objective on Intuit from $700.00 to $600.00 and set a “buy” rating for the company in a report on Tuesday, June 2nd. Freedom Capital lowered Intuit from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. Finally, Truist Financial reduced their price objective on Intuit from $500.00 to $410.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Twenty-four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $514.58.

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.