Unique Wealth LLC Sells 1,381 Shares of Intuit Inc. $INTU

Unique Wealth LLC trimmed its position in shares of Intuit Inc. (NASDAQ:INTU) by 25.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,032 shares of the software maker’s stock after selling 1,381 shares during the quarter. Unique Wealth LLC’s holdings in Intuit were worth $2,671,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Norges Bank bought a new position in shares of Intuit during the 2nd quarter worth approximately $3,268,830,000. Alliancebernstein L.P. boosted its stake in Intuit by 183.8% in the third quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker’s stock valued at $1,365,640,000 after acquiring an additional 1,295,199 shares in the last quarter. Nicholas Hoffman & Company LLC. purchased a new position in Intuit in the first quarter worth $785,564,000. Winslow Capital Management LLC purchased a new position in Intuit in the second quarter worth $782,677,000. Finally, Vanguard Group Inc. increased its position in shares of Intuit by 3.3% during the third quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock worth $19,546,243,000 after purchasing an additional 914,024 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors.

Insider Transactions at Intuit

In other Intuit news, Director Scott D. Cook sold 1,402 shares of Intuit stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total transaction of $936,564.04. Following the completion of the sale, the director directly owned 5,668,182 shares in the company, valued at approximately $3,786,458,939.64. The trade was a 0.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $629.46, for a total transaction of $840,329.10. Following the completion of the sale, the chief financial officer directly owned 536 shares in the company, valued at $337,390.56. This trade represents a 71.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 119,403 shares of company stock worth $79,242,742 in the last ninety days. Corporate insiders own 2.49% of the company’s stock.

Intuit Price Performance

NASDAQ INTU opened at $455.24 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The stock’s fifty day moving average price is $466.88 and its 200 day moving average price is $594.81. Intuit Inc. has a 1 year low of $349.00 and a 1 year high of $813.70. The company has a market cap of $125.90 billion, a price-to-earnings ratio of 29.48, a PEG ratio of 1.80 and a beta of 1.26.

Intuit (NASDAQ:INTU) last issued 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. The company had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The firm’s revenue was up 17.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.32 EPS. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. As a group, equities research analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be issued a dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. Intuit’s payout ratio is 31.09%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Daiwa Securities Group lowered their price objective on Intuit from $800.00 to $640.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. JPMorgan Chase & Co. reduced their target price on Intuit from $750.00 to $605.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. TD Cowen reiterated a “buy” rating on shares of Intuit in a research note on Monday. Wall Street Zen downgraded Intuit from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Intuit has a consensus rating of “Moderate Buy” and a consensus price target of $638.06.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Morgan Stanley named Intuit a Top Pick and highlighted the company’s positioning; that institutional endorsement lifts investor sentiment and frames upcoming fiscal Q3 results as a catalyst. Intuit stock rises after Morgan Stanley Top Pick designation
• Positive Sentiment: Analysts at Morgan Stanley and other brokers say Intuit’s fiscal Q3 (tax-season visibility) could be a key catalyst for revenue and guidance clarity — a near-term earnings narrative that typically supports multiple expansion. Intuit Fiscal Q3 Seen as Catalyst for Tax-Season Visibility, Growth, Morgan Stanley Says
• Positive Sentiment: Street analysts continue to rate INTU as a buy on its revenue growth profile and cash flow resilience; media pieces summarizing those analyst views can drive inflows from funds and retail buyers. Wall Street Analysts See Intuit (INTU) as a Buy: Should You Invest?
• Positive Sentiment: Management actions: Intuit has stepped up share buybacks while planned insider stock sales were halted — both signals reduce supply and show management confidence, supporting the rally. Intuit steps up share buybacks as leadership halts planned stock sales
• Neutral Sentiment: CEO Sasan Goodarzi gave interviews addressing the canceled insider sales and company strategy; these public comments provide transparency but haven’t changed fundamental guidance. Watch CNBC’s full interview with Intuit CEO Sasan Goodarzi
• Positive Sentiment: Coverage pieces that list INTU among top sales-growth/defensive software stocks can attract longer-term buyers who favor secular software growth stories. 3 Sales Growth Stocks to Bet on Despite Geopolitical Conflicts
• Negative Sentiment: Product strategy risk: accelerating the exit from QuickBooks Desktop could test customer loyalty and create migration opportunities for rivals (Xero, others); this is a potential medium-term revenue/retention headwind to monitor. Intuit Desktop Exit Tests Customer Loyalty As Rivals Court QuickBooks Users

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.