Campbell & CO Investment Adviser LLC Takes Position in Intuit Inc. $INTU

Campbell & CO Investment Adviser LLC purchased a new position in Intuit Inc. (NASDAQ:INTU) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,339 shares of the software maker’s stock, valued at approximately $914,000.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of Intuit by 61.3% during the fourth quarter. Brighton Jones LLC now owns 3,552 shares of the software maker’s stock valued at $2,233,000 after purchasing an additional 1,350 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Intuit by 145.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 813 shares of the software maker’s stock valued at $511,000 after purchasing an additional 482 shares during the last quarter. Nicholas Hoffman & Company LLC. bought a new stake in shares of Intuit during the 1st quarter worth $785,564,000. Sivia Capital Partners LLC grew its position in Intuit by 23.1% during the second quarter. Sivia Capital Partners LLC now owns 886 shares of the software maker’s stock valued at $698,000 after buying an additional 166 shares during the period. Finally, Sowell Financial Services LLC raised its position in Intuit by 38.3% in the second quarter. Sowell Financial Services LLC now owns 1,930 shares of the software maker’s stock worth $1,520,000 after acquiring an additional 534 shares during the period. Institutional investors own 83.66% of the company’s stock.

Insider Activity at Intuit

In related news, CEO Sasan K. Goodarzi sold 41,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total value of $26,654,100.00. Following the sale, the chief executive officer owned 13,611 shares in the company, valued at $8,848,511.10. This represents a 75.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Scott D. Cook sold 1,402 shares of the company’s stock in a transaction that occurred on Wednesday, December 31st. The stock was sold at an average price of $668.02, for a total transaction of $936,564.04. Following the completion of the transaction, the director owned 5,668,182 shares in the company, valued at approximately $3,786,458,939.64. This represents a 0.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 388,464 shares of company stock worth $255,514,393. 2.49% of the stock is currently owned by insiders.

Intuit Price Performance

Shares of NASDAQ:INTU opened at $545.29 on Tuesday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. The stock has a market cap of $151.74 billion, a PE ratio of 37.27, a PEG ratio of 2.23 and a beta of 1.25. The company’s fifty day moving average is $646.44 and its 200 day moving average is $681.84. Intuit Inc. has a 52 week low of $532.65 and a 52 week high of $813.70.

Intuit (NASDAQ:INTU) last issued its earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share 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%.Intuit’s quarterly revenue was up 18.3% compared to the same quarter last year. 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. Research analysts anticipate that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 9th were issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Friday, January 9th. Intuit’s dividend payout ratio is currently 32.81%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Daiwa Capital Markets increased their price objective on Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. UBS Group set a $739.00 price objective on Intuit in a research note on Tuesday, January 6th. The Goldman Sachs Group started coverage on shares of Intuit in a research note on Monday, January 12th. They issued a “neutral” rating and a $720.00 target price for the company. Evercore ISI restated an “outperform” rating and set a $875.00 price target on shares of Intuit in a research note on Tuesday, November 18th. Finally, Independent Research set a $875.00 price objective on shares of Intuit in a research note on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $794.62.

Intuit Company Profile

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.