Intuit (NASDAQ:INTU) Stock Sold Off by Rep. Gilbert Ray Cisneros, Jr.

Posted by Trevor Kearing on Oct 15th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Intuit Inc. (NASDAQ:INTU). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Intuit stock on September 18th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.

Intuit Stock Up 3.0%

Shares of NASDAQ:INTU opened at $310.44 on Thursday. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.34. Intuit Inc. has a 12 month low of $252.84 and a 12 month high of $689.17. The company has a 50-day moving average price of $320.99 and a 200 day moving average price of $329.25. The company has a market cap of $82.96 billion, a price-to-earnings ratio of 18.81, a PEG ratio of 0.88 and a beta of 1.01.

Intuit (NASDAQ:INTU – Get Free Report) last posted its quarterly earnings data on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.58 by $0.45. The business had revenue of $4.35 billion during the quarter, compared to analyst estimates of $4.27 billion. Intuit had a return on equity of 25.97% and a net margin of 21.29%. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same period last year, the company earned $2.75 EPS. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. As a group, equities research analysts predict that Intuit Inc. will post 23.02 earnings per share for the current year.

Intuit Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be given a dividend of $1.38 per share. The ex-dividend date is Thursday, October 8th. This represents a $5.52 annualized dividend and a dividend yield of 1.8%. This is a positive change from Intuit’s previous quarterly dividend of $1.20. Intuit’s dividend payout ratio is currently 33.45%.

Institutional Investors Weigh In On Intuit

Several hedge funds have recently made changes to their positions in the company. Legacy Wealth Managment LLC ID lifted its stake in Intuit by 10.3% in the first quarter. Legacy Wealth Managment LLC ID now owns 267 shares of the software maker’s stock valued at $115,000 after buying an additional 25 shares during the last quarter. Prentice Wealth Management LLC increased its holdings in shares of Intuit by 3.1% in the 1st quarter. Prentice Wealth Management LLC now owns 876 shares of the software maker’s stock valued at $379,000 after acquiring an additional 26 shares during the period. Powell Investment Advisors LLC raised its position in Intuit by 5.4% in the 1st quarter. Powell Investment Advisors LLC now owns 551 shares of the software maker’s stock valued at $238,000 after purchasing an additional 28 shares during the last quarter. Sachetta LLC raised its stake in shares of Intuit by 33.7% during the first quarter. Sachetta LLC now owns 111 shares of the software maker’s stock worth $48,000 after purchasing an additional 28 shares during the last quarter. Finally, Stronghold Wealth Management L.L.C. grew its position in Intuit by 6.5% in the 1st quarter. Stronghold Wealth Management L.L.C. now owns 474 shares of the software maker’s stock valued at $205,000 after buying an additional 29 shares during the last quarter. 83.66% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Intuit

In related news, CAO Lauren D. Hotz sold 907 shares of the stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $346.54, for a total transaction of $314,311.78. Following the completion of the transaction, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at $564,167.12. This represents a 35.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Richard L. Dalzell sold 285 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $325.36, for a total transaction of $92,727.60. Following the completion of the sale, the director owned 11,531 shares of the company’s stock, valued at approximately $3,751,726.16. The trade was a 2.41% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.49% of the company’s stock.

Key Intuit News

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Intuit’s stock gained in the latest session despite a weaker market. The move was attributed largely to renewed interest in the company’s valuation after its substantial year-over-year decline. Why the Market Dipped But Intuit Gained Today
Positive Sentiment: A renewed NFL partnership extending through 2030 could support Intuit’s brand visibility, customer acquisition and long-term growth. The stock’s sharp decline has also prompted arguments that it may be undervalued relative to its earnings profile. Intuit Stock May Be Undervalued as NFL Partnership Expands
Positive Sentiment: RBC retained an Outperform rating and a $385 price target, indicating continued confidence in Intuit’s long-term outlook and potential upside from current levels. RBC Keeps Outperform Rating on Intuit

Wall Street Analysts Forecast Growth

INTU has been the subject of several recent analyst reports. Wells Fargo & Company dropped their price objective on shares of Intuit from $360.00 to $300.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 26th. Wolfe Research downgraded shares of Intuit from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, August 26th. JPMorgan Chase & Co. lowered shares of Intuit from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $605.00 to $331.00 in a report on Wednesday, August 26th. Jefferies Financial Group dropped their price target on shares of Intuit from $550.00 to $500.00 and set a “buy” rating for the company in a research note on Sunday, August 23rd. Finally, UBS Group reiterated a “neutral” rating on shares of Intuit in a report on Friday, September 18th. Sixteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $431.55.

Get Our Latest Stock Report on Intuit

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Intuit Company Profile

(Get Free Report)

Intuit Inc is a global financial technology and business software company headquartered in Mountain View, California. The company develops products designed to help consumers, small businesses and accounting professionals manage finances, prepare taxes, operate businesses and make financial decisions.

Its principal products and services include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, payroll, payments and related business management tools; Credit Karma, a personal finance platform offering credit monitoring and financial product recommendations; and Mailchimp, an email marketing and customer engagement service for businesses.

Intuit was founded in 1983 by Scott Cook and Tom Proulx.