4,896 Shares in Intuit Inc. $INTU Acquired by Simplicity Wealth LLC

Simplicity Wealth LLC acquired a new position in shares of Intuit Inc. (NASDAQ:INTU) during the 2nd quarter, Holdings Channel reports. The firm acquired 4,896 shares of the software maker’s stock, valued at approximately $1,278,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Joseph Group Capital Management acquired a new position in shares of Intuit during the 4th quarter worth approximately $25,000. Intesa Sanpaolo Wealth Management acquired a new position in Intuit in the 4th quarter valued at $25,000. HHM Wealth Advisors LLC raised its holdings in Intuit by 75.0% in the 1st quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock valued at $30,000 after acquiring an additional 30 shares in the last quarter. Whipplewood Advisors LLC bought a new stake in shares of Intuit during the 1st quarter valued at $30,000. Finally, CrossGen Wealth LLC acquired a new stake in Intuit during the first quarter worth about $32,000. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Intuit news, Director Richard L. Dalzell sold 284 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total transaction of $74,498.88. Following the completion of the sale, the director directly owned 11,758 shares in the company, valued at approximately $3,084,358.56. This trade represents a 2.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu bought 500 shares of the stock in a transaction on Tuesday, May 26th. The stock was acquired at an average price of $309.71 per share, with a total value of $154,855.00. Following the completion of the acquisition, the director owned 1,750 shares of the company’s stock, valued at $541,992.50. This represents a 40.00% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 1,239 shares of company stock valued at $348,354 in the last three months. Insiders own 2.49% of the company’s stock.

Intuit Price Performance

Intuit stock opened at $345.66 on Monday. The stock has a 50-day moving average price of $292.28 and a two-hundred day moving average price of $364.67. The company has a market capitalization of $94.55 billion, a PE ratio of 20.94, a P/E/G ratio of 1.09 and a beta of 0.97. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $721.54. The company has a current ratio of 1.45, a quick 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 EPS for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. The company had revenue of $8.56 billion for the quarter, compared to analyst estimates of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. Intuit’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $11.65 earnings per share. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Analysts expect that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Thursday, July 9th were issued a $1.20 dividend. The ex-dividend date was Thursday, July 9th. This represents a $4.80 annualized dividend and a yield of 1.4%. Intuit’s dividend payout ratio is presently 29.07%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Barclays decreased their target price on shares of Intuit from $540.00 to $443.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Wolfe Research reaffirmed an “outperform” rating and issued a $400.00 target price on shares of Intuit in a report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft lowered their price target on Intuit from $600.00 to $530.00 and set a “buy” rating for the company in a report on Thursday, May 21st. BMO Capital Markets reduced their price objective on Intuit from $550.00 to $412.00 and set an “outperform” rating on the stock in a research note on Thursday, May 21st. Finally, Northcoast Research reduced their price target on shares of Intuit from $575.00 to $465.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Nineteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $456.90.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit expanded its Intuit Intelligence platform with conversational AI and additional capabilities for QuickBooks Online Advanced and Intuit Enterprise Suite. The initiative targets larger businesses, CFOs and accounting firms and could support growth beyond Intuit’s traditional small-business customer base. Intuit Advances Its Mid-Market Platform With Conversational AI, Enterprise Scale, and Deep Industry Workflows for CFOs and Accounting Firms
• Positive Sentiment: Some recent analyst commentary remains bullish, arguing that Intuit’s core QuickBooks and online ecosystem remain resilient, while TurboTax monetization, Credit Karma synergies and AI adoption could help sustain double-digit growth. Upcoming fiscal-year 2027 guidance and management’s AI strategy are viewed as important catalysts. Intuit: Strong Fundamentals Amid AI Fears Make The Stock Attractive
• Neutral Sentiment: Options pricing implies a wide potential trading range rather than a clear directional signal, suggesting elevated uncertainty and the need for investors to manage position sizes carefully. Intuit’s Options Price A Floor Below Anything The Stock Has Touched In A Year
• Negative Sentiment: Several law firms publicized a securities class action against Intuit and certain officers. The complaints allege that the company misled investors about the sustainability of business growth, particularly TurboTax, and failed to disclose competitive and pricing pressures in its tax operations. The allegations have not been proven. Investors in the August 22, 2025–May 20, 2026 class period have until September 8, 2026 to seek lead-plaintiff status. The repeated notices add legal and reputational overhang to the stock. Bronstein, Gewirtz & Grossman LLC Urges Intuit Inc. Investors to Act

Intuit 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.