Intuit Inc. $INTU Shares Sold by Groupe la Francaise

Groupe la Francaise lessened its holdings in Intuit Inc. (NASDAQ:INTU) by 96.2% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 475 shares of the software maker’s stock after selling 12,009 shares during the quarter. Groupe la Francaise’s holdings in Intuit were worth $124,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Betterment LLC lifted its holdings in Intuit by 2.1% during the 3rd quarter. Betterment LLC now owns 779 shares of the software maker’s stock worth $532,000 after buying an additional 16 shares during the last quarter. One Capital Management LLC increased its holdings in shares of Intuit by 2.7% in the 3rd 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 raised 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 worth $1,230,000 after acquiring an additional 18 shares in the last quarter. Washington Trust Bank raised its position in shares of Intuit by 3.0% during the 4th quarter. Washington Trust Bank now owns 790 shares of the software maker’s stock worth $523,000 after acquiring an additional 23 shares in the last quarter. Finally, Barr E S & Co. lifted its stake in Intuit by 1.5% during the fourth quarter. Barr E S & Co. now owns 1,608 shares of the software maker’s stock worth $1,065,000 after purchasing an additional 24 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Intuit

In other Intuit news, Director Richard L. Dalzell sold 284 shares of the company’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total transaction of $74,498.88. Following the completion of the transaction, the director owned 11,758 shares in the company, valued at approximately $3,084,358.56. This represents a 2.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren D. Hotz sold 907 shares of Intuit 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 sale, the chief accounting officer directly owned 1,628 shares in the company, valued at approximately $564,167.12. The trade was a 35.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,813 shares of company stock valued at $563,548 in the last 90 days. Company insiders own 2.49% of the company’s stock.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Neutral Sentiment: Intuit discussed how it is applying AI to everyday money management and financial decision-making. The article highlights potential product and customer-engagement opportunities, but provides no new financial targets or material announcement likely to change near-term estimates. Kitchen table finances: Intuit on AI and everyday money management
• Neutral Sentiment: Baron Durable Advantage Fund reported exiting its Intuit position during the second quarter. The move may weigh on sentiment, but it reflects one fund’s portfolio decision and does not indicate a change in Intuit’s operating outlook. Baron Durable Advantage Fund exits Intuit
• Negative Sentiment: Several law firms publicized a securities class action against Intuit and certain officers, alleging violations of federal securities laws. Pomerantz said the complaint was filed in federal court and covers investors who purchased securities from August 22, 2025, through May 20, 2026. Other firms reminded investors of a September 8 lead-plaintiff deadline for a related case covering purchases from February 25, 2025, through June 1, 2026. The announcements do not establish wrongdoing, but the legal scrutiny creates potential costs, uncertainty and reputational risk for INTU. Pomerantz class action announcement Rosen Law Firm deadline notice

Analysts Set New Price Targets

A number of brokerages recently issued reports on INTU. Royal Bank Of Canada lowered their price target on Intuit from $600.00 to $500.00 and set an “outperform” rating for the company in a report on Thursday, May 21st. Rothschild & Co Redburn cut their price objective on shares of Intuit from $700.00 to $600.00 and set a “buy” rating on the stock in a report on Tuesday, June 2nd. HSBC reduced their price objective on shares of Intuit from $897.00 to $707.00 and set a “buy” rating for the company in a research report on Friday, May 22nd. JPMorgan Chase & Co. downgraded shares of Intuit from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $605.00 to $331.00 in a research report on Wednesday, August 26th. Finally, The Goldman Sachs Group lifted their price target on shares of Intuit from $276.00 to $304.00 and gave the stock a “sell” rating in a research note on Wednesday, August 26th. Seventeen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Intuit currently has a consensus rating of “Hold” and a consensus target price of $434.68.

Intuit Price Performance

Shares of NASDAQ:INTU opened at $318.93 on Wednesday. The company has a 50-day simple moving average of $318.32 and a 200-day simple moving average of $353.24. Intuit Inc. has a one year low of $252.84 and a one year high of $705.08. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.45 and a current ratio of 1.51. The stock has a market capitalization of $87.24 billion, a price-to-earnings ratio of 19.33, a PEG ratio of 0.95 and a beta of 0.98.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. The firm had revenue of $4.35 billion for 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 business’s revenue was up 13.7% on a year-over-year basis. During the same quarter last year, the company posted $2.75 earnings per share. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. On average, analysts predict that Intuit Inc. will post 23.49 EPS for the current year.

Intuit Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Thursday, October 8th will be issued a $1.38 dividend. The ex-dividend date of this dividend is Thursday, October 8th. This is an increase from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 dividend on an annualized basis and a dividend yield of 1.7%. Intuit’s dividend payout ratio is presently 29.09%.

Intuit Profile

Intuit Inc is a financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, tax obligations and customer relationships. The company is headquartered in Mountain View, California, and serves customers primarily in the United States and Canada, with additional international availability for certain products.

Its principal offerings include TurboTax, a tax preparation and filing platform; QuickBooks, which provides accounting, invoicing, payroll and payments tools for small businesses and self-employed individuals; Credit Karma, a personal finance platform offering credit monitoring and related financial products; and Mailchimp, an email marketing and customer engagement service for businesses.

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