Alliance Wealth Advisors LLC UT Boosts Stock Holdings in Intuit Inc. $INTU

Alliance Wealth Advisors LLC UT raised its stake in Intuit Inc. (NASDAQ:INTU) by 386.5% during the third quarter, Holdings Channel reports. The firm owned 1,727 shares of the software maker’s stock after purchasing an additional 1,372 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in Intuit were worth $1,179,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. May Hill Capital LLC grew its position in Intuit by 4.2% during the second quarter. May Hill Capital LLC now owns 345 shares of the software maker’s stock valued at $272,000 after acquiring an additional 14 shares during the period. Telos Capital Management Inc. lifted its stake in shares of Intuit by 2.6% in the 2nd quarter. Telos Capital Management Inc. now owns 585 shares of the software maker’s stock valued at $461,000 after purchasing an additional 15 shares in the last quarter. Mcrae Capital Management Inc. grew its holdings in shares of Intuit by 0.7% during the 2nd quarter. Mcrae Capital Management Inc. now owns 2,187 shares of the software maker’s stock worth $1,723,000 after purchasing an additional 15 shares during the period. Fort Sheridan Advisors LLC raised its holdings in Intuit by 2.1% in the second quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker’s stock valued at $569,000 after buying an additional 15 shares during the period. Finally, BetterWealth LLC lifted its position in Intuit by 3.8% during the third quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock valued at $281,000 after buying an additional 15 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Intuit

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of the business’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 completion of the sale, the chief executive officer directly owned 13,611 shares in the company, valued at approximately $8,848,511.10. The trade was a 75.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $629.46, for a total transaction of $840,329.10. Following the sale, the chief financial officer directly owned 536 shares in the company, valued at $337,390.56. This trade represents a 71.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 388,464 shares of company stock worth $255,514,393. 2.49% of the stock is currently owned by corporate insiders.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Launched a consumer-facing TurboTax/Uber push — Intuit rolled out a campaign with Uber Advertising to connect taxpayers with in-person help and introduced a “done-for-you” TurboTax experience that pairs AI and human experts, which should help user acquisition and engagement for tax season. Intuit Inc. (INTU) Launched a New Campaign with Uber Advertising
• Positive Sentiment: Product expansion into construction via AI-driven ERP — Intuit launched a Construction Edition for its Enterprise Suite aimed at the $2T construction market, signaling meaningful TAM expansion and enterprise monetization potential. Intuit Targets $2 Trillion Construction Market With New AI Suite
• Positive Sentiment: Street support from a major analyst — Morgan Stanley’s Keith Weiss reiterated a Buy and kept an $880 price target, reinforcing a bullish long-term thesis around Intuit’s tax moat and policy/AI tailwinds. Intuit (INTU): Durable Tax Moat, Mispriced AI Risk…
• Positive Sentiment: Opinion pieces pushing back on AI panic — Commentary arguing that AI fears have been overblown may limit further downside as investors reassess long-term revenue resilience. Intuit’s $100B Panic: Premature AI Death Call
• Neutral Sentiment: Sector context — A rally in some beaten-down software names after encouraging AI commentary (e.g., RingCentral, Five9) provides an industry tailwind that could help sentiment for INTU. Beaten-down software stocks RingCentral and Five9 rally…
• Neutral Sentiment: Earnings calendar focus — Intuit is slated to report next week; previews and scheduled reports keep the name in flux as traders position into the print. Intuit (INTU) Projected to Post Earnings on Thursday
• Neutral Sentiment: Recent price action noted by market commentary — coverage pointing to short-term gains in prior sessions; useful context but not a driver by itself. Intuit (INTU) Laps the Stock Market: Here’s Why
• Negative Sentiment: Earnings-beat skepticism — One preview noted Intuit may lack the ideal setup to deliver an earnings beat next week, which can fuel short-term selling if results or guidance disappoint. Intuit (INTU) Reports Next Week: Wall Street Expects Earnings Growth
• Negative Sentiment: Reported rise in short-interest (data appeared inconsistent) — Notes of increased short interest can amplify volatility; even if the published figures were noisy, perception of growing bearish bets can pressure the stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on INTU. Independent Research set a $875.00 price objective on shares of Intuit in a research report on Tuesday, November 18th. Daiwa Securities Group upped their price target on shares of Intuit from $770.00 to $800.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Wolfe Research reduced their price objective on Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a research note on Monday, December 15th. Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a report on Sunday, January 11th. Finally, Evercore restated an “outperform” rating and issued a $875.00 price target on shares of Intuit in a report on Tuesday, November 18th. Twenty-two equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $768.96.

Intuit Stock Performance

Intuit stock opened at $380.55 on Friday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28. The stock has a 50 day moving average of $554.54 and a 200-day moving average of $630.03. The stock has a market cap of $105.90 billion, a P/E ratio of 26.01, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. Intuit Inc. has a 52 week low of $375.40 and a 52 week high of $813.70.

Intuit (NASDAQ:INTU) last announced its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 earnings per share for the quarter, topping the consensus estimate of $3.09 by $0.25. The company had revenue of $3.87 billion during the quarter, compared to analyst estimates of $3.76 billion. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The firm’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period last year, the business earned $2.50 EPS. On average, analysts expect that Intuit Inc. will post 14.09 EPS for the current fiscal year.

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.