14,867 Shares in Intuit Inc. $INTU Bought by Vise Technologies Inc.

Vise Technologies Inc. acquired a new stake in Intuit Inc. (NASDAQ:INTU) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 14,867 shares of the software maker’s stock, valued at approximately $3,880,000.

A number of other hedge funds also recently made changes to their positions in the business. Betterment LLC grew its position in Intuit by 2.1% during the third quarter. Betterment LLC now owns 779 shares of the software maker’s stock valued at $532,000 after buying an additional 16 shares during the period. One Capital Management LLC boosted its stake in Intuit by 2.7% in the third quarter. One Capital Management LLC now owns 681 shares of the software maker’s stock valued at $465,000 after acquiring an additional 18 shares during the last quarter. Quadcap Wealth Management LLC grew its position in shares of Intuit by 1.0% during the 3rd quarter. Quadcap Wealth Management LLC now owns 1,801 shares of the software maker’s stock valued at $1,230,000 after acquiring an additional 18 shares during the period. United Asset Strategies Inc. increased its stake in shares of Intuit by 1.0% during the 4th quarter. United Asset Strategies Inc. now owns 2,036 shares of the software maker’s stock worth $1,349,000 after purchasing an additional 20 shares during the last quarter. Finally, Sage Private Wealth Group LLC raised its holdings in shares of Intuit by 2.8% in the 4th quarter. Sage Private Wealth Group LLC now owns 802 shares of the software maker’s stock worth $531,000 after purchasing an additional 22 shares during the period. 83.66% of the stock is currently owned by institutional investors.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Analysts are focused on continued momentum in TurboTax Live, Credit Karma and QuickBooks heading into the July 2026 quarter. Strong customer growth, bookings and revenue trends in these businesses could support an earnings beat. Can Intuit’s Key Growth Engines Power Strong Q4 Results?
• Positive Sentiment: Bank of America maintained a Buy rating and its $400 price target, citing Intuit’s durable growth drivers and attractive valuation. Other previews suggest compressed valuation, previously raised guidance and positive expectations could create room for an upside surprise. Intuit: Resilient Growth Drivers and Attractive Valuation Support Buy Rating
• Neutral Sentiment: Wall Street projections for revenue, earnings and key operating metrics will be important because investors are weighing growth against elevated expectations. The company’s actual results and forward guidance may determine whether the pre-earnings optimism holds. Insights Into Intuit Q4: Wall Street Projections for Key Metrics
• Negative Sentiment: Several law firms publicized a securities class action alleging that Intuit and certain executives misled investors about the sustainability of TurboTax growth and failed to disclose competitive and pricing pressures. The allegations have not been proven, but the repeated announcements increase headline and potential litigation risk; September 8 is cited as the lead-plaintiff deadline. Pomerantz Announces Class Action Against Intuit
• Negative Sentiment: Piper Sandler reaffirmed an Underweight rating and assigned a $250 price target, implying substantial downside from recent trading levels. This contrasts with more optimistic analyst views and underscores uncertainty surrounding Intuit’s tax business and valuation. Piper Sandler Intuit Rating

Intuit Stock Down 0.2%

Intuit stock opened at $361.87 on Friday. The firm has a 50 day simple moving average of $297.28 and a 200 day simple moving average of $359.91. 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 Inc. has a 1-year low of $252.84 and a 1-year high of $705.08. The firm has a market capitalization of $98.99 billion, a price-to-earnings ratio of 21.92, a P/E/G ratio of 1.15 and a beta of 0.97.

Intuit (NASDAQ:INTU) last posted its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The firm had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. During the same quarter in the prior year, the business posted $11.65 earnings per share. The business’s quarterly revenue was up 10.4% on a year-over-year basis. On average, analysts predict that Intuit Inc. will post 18.18 earnings per share for the current year.

Insider Buying and Selling at Intuit

In related news, Director Vasant M. Prabhu acquired 500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were bought at an average cost of $309.71 per share, for a total transaction of $154,855.00. Following the purchase, the director owned 1,750 shares in the company, valued at $541,992.50. This trade represents a 40.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard L. Dalzell sold 338 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $279.86, for a total value of $94,592.68. Following the sale, the director directly owned 12,326 shares in the company, valued at $3,449,554.36. This trade represents a 2.67% 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. Over the last quarter, insiders sold 1,239 shares of company stock valued at $348,354. 2.49% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

INTU has been the subject of several research reports. Mizuho reduced their price objective on Intuit from $500.00 to $430.00 and set an “outperform” rating for the company in a report on Monday. Wall Street Zen cut Intuit from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Wells Fargo & Company cut their price target on Intuit from $425.00 to $360.00 and set an “equal weight” rating for the company in a research note on Thursday, May 21st. Bank of America initiated coverage on Intuit in a report on Wednesday, May 27th. They issued a “buy” rating and a $400.00 price objective for the company. Finally, Rothschild & Co Redburn lowered their price objective on Intuit from $700.00 to $600.00 and set a “buy” rating on the stock in a research note on Tuesday, June 2nd. Twenty equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $451.26.

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.