Key Points
- Director Scott Cook sold 1,402 shares on December 31 at an average price of $668.02 for about $936,564, leaving him with 5,668,182 shares (a 0.02% reduction, worth roughly $3.79 billion).
- Intuit beat quarterly estimates, reporting $3.34 EPS and $3.87 billion in revenue (up 18.3% YoY), and set Q2 2026 guidance of $3.630–3.680 EPS.
- The company declared a quarterly dividend of $1.20 per share (annualized $4.80), payable January 16 with an implied yield of 0.8% and a payout ratio of about 32.8%.
Intuit Inc. (NASDAQ:INTU - Get Free Report) Director Scott Cook sold 1,402 shares of the stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total value of $936,564.04. Following the completion of the transaction, the director directly owned 5,668,182 shares of the company's stock, valued at $3,786,458,939.64. This represents a 0.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Intuit Price Performance
INTU stock opened at $629.46 on Friday. The stock's 50 day moving average is $658.55 and its two-hundred day moving average is $695.31. Intuit Inc. has a 52-week low of $532.65 and a 52-week high of $813.70. The company has a market capitalization of $175.16 billion, a PE ratio of 43.03, a P/E/G ratio of 2.71 and a beta of 1.25. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28.
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 the consensus estimate of $3.09 by $0.25. The company had revenue of $3.87 billion during the quarter, compared to analysts' expectations of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The business's revenue was up 18.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Analysts predict that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.
Intuit Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 9th will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, January 9th. Intuit's dividend payout ratio is 32.81%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of INTU. Tortoise Investment Management LLC grew its position in Intuit by 540.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker's stock valued at $25,000 after buying an additional 27 shares in the last quarter. Westside Investment Management Inc. lifted its stake in shares of 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 acquiring an additional 21 shares during the period. Dogwood Wealth Management LLC lifted its stake in shares of Intuit by 111.8% in the 2nd quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker's stock worth $28,000 after acquiring an additional 19 shares during the period. Sagard Holdings Management Inc. bought a new position in shares of Intuit in the second quarter valued at approximately $28,000. Finally, True Wealth Design LLC increased its stake in shares of Intuit by 270.0% during the second quarter. True Wealth Design LLC now owns 37 shares of the software maker's stock valued at $29,000 after acquiring an additional 27 shares during the period. Institutional investors own 83.66% of the company's stock.
Analyst Upgrades and Downgrades
INTU has been the subject of several research analyst reports. Wall Street Zen lowered Intuit from a "buy" rating to a "hold" rating in a report on Saturday. Rothschild & Co Redburn boosted their price target on Intuit from $560.00 to $670.00 and gave the company a "neutral" rating in a report on Tuesday, September 23rd. BMO Capital Markets dropped their price target on Intuit from $870.00 to $810.00 and set an "outperform" rating on the stock in a research report on Friday, November 21st. Wells Fargo & Company decreased their price objective on shares of Intuit from $880.00 to $840.00 and set an "overweight" rating for the company in a report on Friday, November 21st. Finally, Wolfe Research lowered their target price on shares of Intuit from $870.00 to $830.00 and set an "outperform" rating for the company in a research note on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $796.60.
Get Our Latest Stock Report on Intuit
Intuit Company Profile
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
