Intuit (NASDAQ:INTU) Shares Unloaded Rep. Julia Letlow

Representative Julia Letlow (Republican-Louisiana) recently sold shares of Intuit Inc. (NASDAQ:INTU). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intuit stock on February 2nd. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of HF Sinclair (NYSE:DINO) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of BXP (NYSE:BXP) on 2/20/2026.
• Purchased $1,001 – $15,000 in shares of Travelers Companies (NYSE:TRV) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of Expand Energy (NASDAQ:EXE) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Public Service Enterprise Group (NYSE:PEG) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Vistra (NYSE:VST) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Extra Space Storage (NYSE:EXR) on 2/12/2026.
• Sold $1,001 – $15,000 in shares of Icon (NASDAQ:ICLR) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 2/12/2026.

Intuit Trading Up 2.7%

NASDAQ INTU traded up $11.32 on Monday, hitting $427.76. The company’s stock had a trading volume of 398,399 shares, compared to its average volume of 3,941,845. The firm has a market cap of $118.30 billion, a P/E ratio of 27.78, a PEG ratio of 1.67 and a beta of 1.27. Intuit Inc. has a 52-week low of $349.00 and a 52-week high of $813.70. The company’s 50-day simple moving average is $448.23 and its 200 day simple moving average is $584.06. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU) last posted its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The firm had revenue of $4.65 billion for the quarter, compared to analysts’ expectations of $4.53 billion. During the same period in the previous year, the firm earned $3.32 earnings per share. The business’s revenue was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. Research analysts predict that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be issued a $1.20 dividend. The ex-dividend date is Thursday, April 9th. This represents a $4.80 annualized dividend and a yield of 1.1%. Intuit’s dividend payout ratio (DPR) is 31.09%.

Institutional Investors Weigh In On Intuit

Hedge funds have recently bought and sold shares of the business. Tortoise Investment Management LLC lifted its holdings in shares of Intuit by 540.0% during the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after purchasing an additional 27 shares during the last quarter. Sagard Holdings Management Inc. bought a new position in Intuit during the 2nd quarter valued at approximately $28,000. Joseph Group Capital Management purchased a new position in Intuit during the fourth quarter valued at $25,000. Intesa Sanpaolo Wealth Management purchased a new position in Intuit during the fourth quarter valued at $25,000. Finally, Total Investment Management Inc. bought a new stake in Intuit in the second quarter worth $33,000. Institutional investors own 83.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Mizuho cut their target price on shares of Intuit from $675.00 to $600.00 and set an “outperform” rating on the stock in a research note on Monday, March 2nd. Weiss Ratings cut Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 5th. TD Cowen reiterated a “buy” rating on shares of Intuit in a report on Monday, March 16th. BNP Paribas Exane upgraded Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 target price for the company in a research note on Monday, March 16th. Finally, Argus dropped their price target on Intuit from $780.00 to $580.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Intuit currently has a consensus rating of “Moderate Buy” and an average price target of $638.06.

Insider Buying and Selling

In related news, Director Richard L. Dalzell sold 333 shares of the company’s stock in a transaction dated 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 owned 13,253 shares in the company, valued at $5,836,621.20. The trade was a 2.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Scott D. Cook sold 1,402 shares of the stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total transaction of $936,564.04. Following the sale, the director directly owned 5,668,182 shares in the company, valued at $3,786,458,939.64. This trade represents a 0.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 44,403 shares of company stock valued at $28,735,492. Insiders own 2.49% of the company’s stock.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

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.