Key Points
- Intuit director Richard Dalzell sold 284 shares on June 23 at an average price of $262.32, totaling about $74,499. The sale was made under a pre-arranged Rule 10b5-1 plan, and his remaining stake was valued at about $3.08 million.
- INTU shares were up 1.6% and opened around $262.08, but the stock remains far below its 50-day and 200-day averages. The company’s current market cap is about $71.69 billion.
- Recent operating results were solid, with Intuit beating earnings expectations last quarter and issuing fiscal 2026 guidance. The company also announced a quarterly dividend of $1.20 per share, payable July 17, for a 1.8% annualized yield.
Intuit Inc. (NASDAQ:INTU - Get Free Report) Director Richard Dalzell sold 284 shares of the firm's stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $262.32, for a total value of $74,498.88. Following the transaction, the director owned 11,758 shares of the company's stock, valued at $3,084,358.56. This represents a 2.36% decrease in their position. The transaction 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.
Intuit Stock Up 1.6%
Shares of INTU opened at $262.08 on Thursday. The stock has a market capitalization of $71.69 billion, a price-to-earnings ratio of 15.87, a price-to-earnings-growth ratio of 0.95 and a beta of 0.98. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $813.70. The business's 50 day simple moving average is $343.59 and its 200-day simple moving average is $451.79. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45.
Intuit (NASDAQ:INTU - Get Free Report) last posted its earnings results on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $8.54 billion. During the same period in the prior year, the company earned $11.65 EPS. The company's quarterly revenue was up 10.4% compared to the same quarter last year. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. As a group, equities analysts expect that Intuit Inc. will post 18.18 earnings per share for the current fiscal year.
Intuit Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be given a dividend of $1.20 per share. The ex-dividend date is Thursday, July 9th. This represents a $4.80 annualized dividend and a yield of 1.8%. Intuit's dividend payout ratio (DPR) is 29.07%.
Intuit News Roundup
Here are the key news stories impacting Intuit this week:
- Positive Sentiment: Intuit is scheduled to highlight its rebuilt AI infrastructure at VB Transform 2026, signaling continued investment in faster, more scalable AI capabilities that could support future product growth. Intuit will show off how it rebuilt its AI infrastructure to support fast and complex tasks at VB Transform 2026
- Positive Sentiment: Some market commentary points to Intuit as a large-cap tech name that benefited from falling Treasury yields, which can make growth stocks more attractive on a valuation basis. Sprout Social, Intuit, and PagerDuty Shares Skyrocket, What You Need To Know
- Positive Sentiment: Analyst coverage remains supportive overall, with consensus still calling Intuit a “Moderate Buy,” which may help limit downside despite recent volatility. Intuit Inc. Receives Consensus Rating of Moderate Buy from Analysts
- Neutral Sentiment: Management comments aimed at accountants, including “you are the customer, not a channel,” suggest Intuit is trying to strengthen partner relationships, but the direct stock impact is unclear. Intuit CEO to accountants: You are the customer, not a channel
- Negative Sentiment: Investor concern increased after reports of pricing issues and a large stock decline, prompting a securities-fraud investigation notice that could keep pressure on shares. INTU Stock News: Intuit Stock Dropped 20% after Pricing Issues Disclosed
- Negative Sentiment: Another law firm is investigating claims on behalf of Intuit investors, adding to legal overhang and uncertainty around the stock. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Intuit, Inc. - INTU
- Negative Sentiment: Stifel downgraded Intuit to Hold from Buy and cut its price target, citing expectations that management may lower near- to medium-term growth guidance. Is Intuit (INTU) One of the Best Big Tech Stocks to Buy According to Wall Street Analysts?
- Negative Sentiment: Director Richard L. Dalzell sold a small block of shares under a pre-arranged trading plan, which is usually neutral, but it can add to negative sentiment when shares are already under pressure. Intuit director stock sale
Analyst Ratings Changes
INTU has been the topic of several recent research reports. Truist Financial decreased their target price on shares of Intuit from $500.00 to $410.00 and set a "buy" rating on the stock in a research report on Thursday, May 21st. TD Cowen reduced their price objective on Intuit from $576.00 to $504.00 and set a "buy" rating on the stock in a research note on Thursday, May 21st. Oppenheimer decreased their price objective on Intuit from $558.00 to $406.00 and set an "outperform" rating on the stock in a research report on Thursday, May 21st. Citigroup lowered their price objective on Intuit from $649.00 to $591.00 and set a "buy" rating for the company in a research note on Thursday, May 21st. Finally, Rothschild & Co Redburn dropped their target price on Intuit from $700.00 to $600.00 and set a "buy" rating for the company in a report on Tuesday, June 2nd. Twenty-three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $511.35.
View Our Latest Research Report on INTU
Institutional Investors Weigh In On Intuit
A number of institutional investors and hedge funds have recently modified their holdings of INTU. Joseph Group Capital Management bought a new position in Intuit in the 4th quarter valued at $25,000. Intesa Sanpaolo Wealth Management bought a new stake in shares of Intuit during the fourth quarter worth $25,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Intuit during the third quarter valued at $33,000. Birchwood Financial Partners Inc. purchased a new stake in shares of Intuit during the fourth quarter valued at $33,000. Finally, Barnes Dennig Private Wealth Management LLC grew its holdings in shares of Intuit by 54.3% in the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker's stock worth $36,000 after purchasing an additional 19 shares during the last quarter. 83.66% of the stock is owned by institutional investors.
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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