Intuit Inc. $INTU Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC reduced its stake in shares of Intuit Inc. (NASDAQ:INTU) by 12.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,819 shares of the software maker’s stock after selling 6,076 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Intuit were worth $28,748,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC raised its holdings in Intuit by 61.3% in the 4th quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after acquiring an additional 1,350 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Intuit by 145.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock worth $511,000 after purchasing an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. purchased a new stake in shares of Intuit in the first quarter valued at $785,564,000. Sivia Capital Partners LLC increased its stake in Intuit by 23.1% in the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after purchasing an additional 166 shares during the last quarter. Finally, Florida Financial Advisors LLC boosted its stake in Intuit by 12.2% in the 2nd quarter. Florida Financial Advisors LLC now owns 470 shares of the software maker’s stock worth $370,000 after buying an additional 51 shares during the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on INTU. Daiwa Securities Group lowered their price target on Intuit from $800.00 to $640.00 and set a “buy” rating for the company in a report on Thursday, March 5th. UBS Group decreased their target price on shares of Intuit from $725.00 to $440.00 and set a “neutral” rating on the stock in a research report on Friday, February 27th. BNP Paribas Exane upgraded shares of Intuit from an “underperform” rating to a “neutral” rating and set a $463.00 target price for the company in a report on Monday, March 16th. Wolfe Research set a $550.00 price target on shares of Intuit and gave the stock an “outperform” rating in a research report on Thursday, March 12th. Finally, The Goldman Sachs Group decreased their price target on shares of Intuit from $720.00 to $519.00 and set a “neutral” rating on the stock in a report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Intuit currently 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: Court victory removes a major advertising restriction risk for TurboTax, clearing a legal overhang that could boost marketing and customer acquisition going forward. Intuit beats FTC in court, ending restrictions on “free” TurboTax ads
• Positive Sentiment: Street support: recent analyst upgrades and Buy ratings (including a Rothschild upgrade) emphasize Intuit’s resilient core franchises (QuickBooks, TurboTax) and limit perceived AI disruption risk. Analyst interest can support the stock after dips. Analysts Rate Intuit (INTU) Buy as AI Threats Remain Limited
• Positive Sentiment: Top-tier coverage continues: Morgan Stanley maintained a Buy and highlights Intuit’s Enterprise Suite as a mid‑market growth engine, supporting revenue and margin upside longer-term. Intuit Enterprise Suite Emerging as a Mid‑Market Growth Engine
• Positive Sentiment: Product execution: Intuit rolled out time‑saving tools for UK sole traders to address HMRC’s Making Tax Digital, showing continued product-led revenue opportunities outside the U.S. Intuit launches new time-saving tools to help sole traders tackle HMRC’s Making Tax Digital for Income Tax
• Neutral Sentiment: Analyst price‑target dispersion: consensus targets imply material upside, but the street is sending mixed signals (some upgrades, some resets), which can create volatility as investors debate fair valuation. Does Intuit (INTU) Have the Potential to Rally 37.73% as Wall Street Analysts Expect?
• Neutral Sentiment: Coverage pieces highlighting “mixed signals” underline uncertainty about how much upside remains in guidance vs. valuation compression — informative for investors but not a clear buy/sell trigger by itself. Why Street Sends Mixed Signals on Intuit Inc. (INTU)
• Negative Sentiment: Regulatory/policy risk: a proposed federal “Direct File” bill (H.R.7806) would create a free government tax‑filing option — a direct threat to TurboTax revenue if enacted or even if it gains traction politically. That bill has likely increased investor concern about long‑term tax‑prep margins. New Bill: Representative Brad Sherman introduces H.R. 7806: Direct File Act of 2026
• Negative Sentiment: Valuation and AI uncertainty: some research notes flag a sectorwide valuation reset and questions about how AI competition will reshape margins and growth assumptions — this narrative can drive short‑term selling despite solid fundamentals. How The Intuit (INTU) Investment Story Is Shifting With AI Hopes And Valuation Reset

Intuit Trading Down 5.4%

NASDAQ INTU opened at $432.45 on Wednesday. The firm has a market capitalization of $119.59 billion, a price-to-earnings ratio of 28.01, a PEG ratio of 1.84 and a beta of 1.26. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32. Intuit Inc. has a one year low of $349.00 and a one year high of $813.70. The company’s 50 day moving average price is $456.05 and its 200 day moving average price is $589.15.

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

Intuit Dividend Announcement

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

Insider Buying and Selling

In related news, CEO Sasan K. Goodarzi sold 41,000 shares of the firm’s stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the sale, the chief executive officer directly owned 13,611 shares in the company, valued at approximately $8,848,511.10. This trade represents a 75.08% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the transaction, the chief financial officer owned 536 shares of the company’s stock, valued at approximately $337,390.56. This represents a 71.35% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 119,403 shares of company stock valued at $79,242,742. 2.49% of the stock is owned by company insiders.

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.