Intuit (NASDAQ:INTU) CFO Sells $840,329.10 in Stock

Intuit Inc. (NASDAQ:INTU) CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $629.46, for a total value of $840,329.10. Following the transaction, the chief financial officer directly owned 536 shares in the company, valued at $337,390.56. The trade was a 71.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Sandeep Aujla also recently made the following trade(s):

• On Friday, December 19th, Sandeep Aujla sold 1,098 shares of Intuit stock. The stock was sold at an average price of $675.00, for a total transaction of $741,150.00.

Intuit Stock Performance

Shares of INTU opened at $652.75 on Friday. The firm has a market capitalization of $181.64 billion, a P/E ratio of 44.62, a P/E/G ratio of 2.67 and a beta of 1.25. Intuit Inc. has a 52 week low of $532.65 and a 52 week high of $813.70. The stock has a 50 day moving average price of $656.76 and a two-hundred day moving average price of $692.18. 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 (NASDAQ:INTU) last released its quarterly 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. 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 in the prior year, the firm posted $2.50 EPS. Intuit’s quarterly revenue was up 18.3% compared to the same quarter last year. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Equities analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 9th will be given 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 payout ratio is currently 32.81%.

Institutional Trading of Intuit

Hedge funds have recently made changes to their positions in the stock. Tortoise Investment Management LLC lifted its stake in Intuit by 540.0% during the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock worth $25,000 after purchasing an additional 27 shares during the last quarter. Westside Investment Management Inc. raised its stake in shares of Intuit by 161.5% during the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after acquiring an additional 21 shares in the last quarter. Dogwood Wealth Management LLC lifted its stake in Intuit by 111.8% in the second quarter. Dogwood Wealth Management LLC now owns 36 shares of the software maker’s stock worth $28,000 after purchasing an additional 19 shares during the last quarter. Sagard Holdings Management Inc. purchased a new position in shares of Intuit in the second quarter worth about $28,000. Finally, True Wealth Design LLC increased its stake in Intuit by 270.0% in the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock worth $29,000 after purchasing an additional 27 shares during the period. 83.66% of the stock is owned by institutional investors.

More Intuit News

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on INTU. Cowen started coverage on Intuit in a research note on Wednesday. They set a “buy” rating for the company. Rothschild & Co Redburn upped their price objective on shares of Intuit from $560.00 to $670.00 and gave the company a “neutral” rating in a report on Tuesday, September 23rd. BMO Capital Markets cut their target price on shares of Intuit from $870.00 to $810.00 and set an “outperform” rating for the company in a research report on Friday, November 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of Intuit in a research report on Wednesday, October 8th. Finally, Wall Street Zen cut shares of Intuit from a “buy” rating to a “hold” rating in a research note on Saturday, January 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $790.00.

About Intuit

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.