Scott Cook Sells 75,000 Shares of Intuit (NASDAQ:INTU) Stock

Key Points

  • Director Scott Cook sold 75,000 shares on Dec. 29 at an average price of $673.43 for about $50.5M, reducing his stake by 1.29% while still holding 5,744,584 shares (~$3.87B).
  • Intuit beat quarterly estimates, reporting $3.34 EPS vs. $3.09 expected and $3.87B revenue vs. $3.76B, and set Q2 FY2026 guidance of $3.63–$3.68 EPS with analysts forecasting ~14.09 EPS for the year.
  • Intuit announced a $1.20 quarterly dividend (ex-dividend Jan. 9, payable Jan. 16), a $4.80 annualized payout (~0.7% yield), and the stock trades with a market cap of about $186B and a P/E near 46.

Intuit Inc. (NASDAQ:INTU - Get Free Report) Director Scott Cook sold 75,000 shares of the stock in a transaction that occurred on Monday, December 29th. The stock was sold at an average price of $673.43, for a total value of $50,507,250.00. Following the transaction, the director directly owned 5,744,584 shares of the company's stock, valued at approximately $3,868,575,203.12. This trade represents a 1.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Intuit Trading Down 0.6%

Shares of INTU stock opened at $669.79 on Wednesday. The business's fifty day moving average price is $660.09 and its 200 day moving average price is $696.75. Intuit Inc. has a 1-year low of $532.65 and a 1-year high of $813.70. The firm has a market capitalization of $186.38 billion, a PE ratio of 45.78, a P/E/G ratio of 2.76 and a beta of 1.27. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39.

Intuit (NASDAQ:INTU - Get Free Report) last released its earnings results on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, beating analysts' consensus estimates of $3.09 by $0.25. The company had revenue of $3.87 billion during the quarter, compared to the consensus estimate of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.Intuit's quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter last year, the company earned $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. As a group, sell-side analysts forecast that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend




The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 9th will be issued a $1.20 dividend. The ex-dividend date of this dividend is Friday, January 9th. This represents a $4.80 annualized dividend and a yield of 0.7%. Intuit's dividend payout ratio is 32.81%.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

  • Positive Sentiment: Rehmann (a mid‑market advisory/accounting firm) has partnered with Intuit to deploy its AI‑native ERP solutions for midsize clients — a sign of enterprise adoption that can expand Intuit’s addressable market and recurring SaaS revenue if rollout scales. Rehmann Teams with Intuit to Provide Services Using AI-native ERP Software Platform
  • Neutral Sentiment: Street consensus remains constructive: analysts give Intuit an average recommendation of "Moderate Buy" — supports longer‑term growth expectations but contains no major catalyst by itself. Intuit Inc. Given Average Recommendation of "Moderate Buy" by Analysts
  • Neutral Sentiment: Cultural/community news (Intuit’s art museum show) surfaced but is unlikely to affect fundamentals or near‑term share movement. Intuit Art Museum Showcases Self-Taught Artists
  • Negative Sentiment: Director Scott D. Cook sold 75,000 INTU shares (≈$673.43 avg price) in a block trade disclosed to the SEC — insider selling can be read negatively by traders even though Cook still holds a large position; monitor for any follow‑on selling or explanation in filings. SEC Form 4: Scott D. Cook Sale

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Tortoise Investment Management LLC grew its position in shares of Intuit by 540.0% in 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 period. Westside Investment Management Inc. boosted its stake in Intuit by 161.5% in the 2nd quarter. Westside Investment Management Inc. now owns 34 shares of the software maker's stock worth $27,000 after buying an additional 21 shares during the last quarter. Dogwood Wealth Management LLC increased its stake in shares of Intuit by 111.8% during the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker's stock valued at $28,000 after acquiring an additional 19 shares during the last quarter. Sagard Holdings Management Inc. purchased a new position in shares of Intuit during the 2nd quarter worth about $28,000. Finally, True Wealth Design LLC boosted its position in shares of Intuit by 270.0% in the second quarter. True Wealth Design LLC now owns 37 shares of the software maker's stock worth $29,000 after acquiring an additional 27 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on INTU shares. Wall Street Zen raised shares of Intuit from a "hold" rating to a "buy" rating in a research note on Sunday, October 12th. Wells Fargo & Company lowered their price target on shares of Intuit from $880.00 to $840.00 and set an "overweight" rating on the stock in a research report on Friday, November 21st. Evercore ISI restated an "outperform" rating and set a $875.00 price objective on shares of Intuit in a research report on Tuesday, November 18th. Royal Bank Of Canada reiterated an "outperform" rating and set a $850.00 target price on shares of Intuit in a report on Friday, November 21st. Finally, Rothschild & Co Redburn raised their price target on Intuit from $560.00 to $670.00 and gave the stock a "neutral" rating in a research report on Tuesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $796.60.

Read Our Latest Research Report on Intuit

About Intuit

(Get Free Report)

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.

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