Key Points
- CEO Sasan Goodarzi sold 41,000 shares for $26.65 million, reducing his direct holding by about 75% to 13,611 shares, a transaction disclosed on an SEC Form 4.
- Intuit beat recent quarter expectations, reporting $3.34 EPS versus $3.09 estimated and $3.87B revenue (up 18.3% YoY), and set Q2 2026 guidance of $3.63–$3.68 EPS while analysts maintain a "Moderate Buy" consensus with a ~$790 target.
- Quarterly dividend of $1.20 per share was announced (annualized $4.80, ~0.7% yield), payable Jan. 16 with an ex-dividend date and record date around Jan. 9.
Intuit Inc. (NASDAQ:INTU - Get Free Report) CEO Sasan Goodarzi sold 41,000 shares of the company's stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the completion of the transaction, the chief executive officer owned 13,611 shares of the company's stock, valued at approximately $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
Intuit Price Performance
Shares of NASDAQ:INTU opened at $652.75 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. Intuit Inc. has a 52 week low of $532.65 and a 52 week high of $813.70. The firm has a market cap of $181.64 billion, a PE ratio of 44.62, a price-to-earnings-growth ratio of 2.67 and a beta of 1.25. The firm's fifty day moving average is $656.76 and its 200-day moving average is $692.18.
Intuit (NASDAQ:INTU - Get Free Report) last announced its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.09 by $0.25. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The business had revenue of $3.87 billion during the quarter, compared to analyst estimates of $3.76 billion. During the same period last year, the company earned $2.50 EPS. Intuit's revenue for the quarter was up 18.3% compared to the same quarter last year. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Sell-side analysts predict that Intuit Inc. will post 14.09 earnings per share for the current 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 given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, January 9th. Intuit's dividend payout ratio is currently 32.81%.
Institutional Trading of Intuit
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC increased its holdings in shares of Intuit by 9.0% in the second quarter. Sequoia Financial Advisors LLC now owns 17,279 shares of the software maker's stock worth $13,609,000 after purchasing an additional 1,433 shares during the period. MUFG Securities EMEA plc purchased a new position in Intuit during the second quarter worth about $1,733,000. denkapparat Operations GmbH bought a new position in Intuit in the 2nd quarter worth about $830,000. Quadrant Capital Group LLC raised its holdings in shares of Intuit by 2.4% in the 2nd quarter. Quadrant Capital Group LLC now owns 6,608 shares of the software maker's stock valued at $5,205,000 after acquiring an additional 152 shares in the last quarter. Finally, New York Life Investment Management LLC boosted its position in shares of Intuit by 1.1% during the 2nd quarter. New York Life Investment Management LLC now owns 41,830 shares of the software maker's stock valued at $32,947,000 after acquiring an additional 442 shares during the last quarter. 83.66% of the stock is owned by institutional investors.
Intuit News Roundup
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: TD Cowen initiated coverage with a "buy" and a $802 price target (~23% above current levels), a high-profile bullish call that can attract momentum and institutional interest. TD Cowen Buy on Intuit
- Positive Sentiment: Truist started coverage with a "buy" and a $739 target, another institutional endorsement that supports demand for the stock among growth-oriented investors. Truist Initiates on Intuit
- Positive Sentiment: Coverage and features on Intuit’s SMB Media Labs (CES) describe a shift into advertising/media products for small businesses — a potential new revenue stream that supports longer-term growth expectations. Intuit SMB MediaLabs at CES
- Neutral Sentiment: Analyst write-ups and roundups (Zacks, 24/7 Wall St.) reiterate Wall Street’s generally bullish stance and recap recent calls; useful for sentiment but not a new fundamental catalyst by itself. Zacks: Wall Street Views on Intuit
- Neutral Sentiment: Market writeups noting TurboTax seasonality and long-term performance support recurring-revenue narratives and the recently declared $1.20 quarterly dividend, but these are expected/known factors rather than fresh catalysts. MarketBeat Intuit Summary
- Negative Sentiment: CEO Sasan Goodarzi sold 41,000 shares at ~$650.10 on Jan. 7 (disclosed in an SEC Form 4) — a large $26.65M disposition that reduces his direct holding ~75% and is often viewed by the market as a negative signal despite routine non-fundamental reasons for insider sales. SEC Form 4 - Goodarzi Sale
- Negative Sentiment: CFO Sandeep Aujla sold 1,335 shares (~$840k) recently and disclosed a large percentage cut in his direct holding — another insider sale that can weigh on sentiment even if unrelated to company fundamentals. SEC Form 4 - Aujla Sale
Analyst Upgrades and Downgrades
INTU has been the subject of several recent analyst reports. Wells Fargo & Company reiterated an "equal weight" rating and set a $700.00 price objective (down from $840.00) on shares of Intuit in a research report on Thursday. Daiwa Capital Markets increased their price target on Intuit from $770.00 to $800.00 and gave the stock a "buy" rating in a report on Wednesday, November 26th. Cowen began coverage on Intuit in a research report on Wednesday. They issued a "buy" rating for the company. TD Cowen began coverage on Intuit in a research report on Thursday. They set a "buy" rating and a $802.00 target price on the stock. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $850.00 target price on shares of Intuit in a report on Friday, November 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $790.00.
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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