Exchange Traded Concepts LLC Cuts Stock Position in Intuit Inc. $INTU

Exchange Traded Concepts LLC cut its position in Intuit Inc. (NASDAQ:INTU) by 7.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,774 shares of the software maker’s stock after selling 2,058 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Intuit were worth $16,411,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Sagard Holdings Management Inc. purchased a new position in shares of Intuit in the 2nd quarter worth approximately $28,000. MTM Investment Management LLC lifted its position in Intuit by 135.0% during the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after acquiring an additional 27 shares during the last quarter. Total Investment Management Inc. purchased a new stake in Intuit during the second quarter valued at approximately $33,000. Pin Oak Investment Advisors Inc. acquired a new stake in Intuit in the third quarter valued at approximately $33,000. Finally, Kilter Group LLC acquired a new stake in Intuit in the second quarter valued at approximately $35,000. 83.66% of the stock is currently owned by institutional investors.

Intuit Trading Down 3.7%

NASDAQ INTU opened at $416.44 on Friday. The company has a fifty day simple moving average of $448.23 and a two-hundred day simple moving average of $584.57. The stock has a market cap of $115.17 billion, a P/E ratio of 26.97, a P/E/G ratio of 1.67 and a beta of 1.26. Intuit Inc. has a 12-month low of $349.00 and a 12-month high of $813.70. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping the consensus estimate of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The business had revenue of $4.65 billion during the quarter, compared to the consensus estimate of $4.53 billion. During the same period in the previous year, the firm posted $3.32 earnings per share. The business’s revenue for the quarter was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, analysts forecast that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be paid a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, April 9th. Intuit’s payout ratio is presently 31.09%.

Insider Transactions at Intuit

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer directly owned 13,611 shares of the company’s stock, valued at approximately $8,848,511.10. This represents a 75.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $629.46, for a total value of $840,329.10. Following the completion of the transaction, the chief financial officer owned 536 shares of the company’s stock, valued at approximately $337,390.56. The trade was a 71.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 119,403 shares of company stock worth $79,242,742 in the last 90 days. 2.49% of the stock is owned by company insiders.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit reported a solid quarter: $4.15 EPS vs. $3.68 expected and $4.65B revenue vs. $4.53B expected; revenue +17.4% YoY and management set FY26 and Q3 2026 EPS ranges that imply continued profitability and growth. This beat/guidance supports medium-term fundamentals and underpins buy-the-dip narratives.
• Positive Sentiment: Some analysts and commentators view the recent share decline as a buying window—arguing the pullback prices in optimistic long-term AI/cloud monetization while offering an entry for investors focused on recurring revenue and cash flow. Intuit’s Collapse Created A Rare Buying Window
• Neutral Sentiment: Heightened retail and search interest around INTU suggests the name is in focus—higher attention can raise intraday volatility and trading volume as investors react to headlines and headlines-driven flows. Investors Heavily Search Intuit Inc. (INTU): Here is What You Need to Know
• Neutral Sentiment: Recent write-ups are dissecting Intuit’s valuation after sharp recent swings—some see undervaluation vs. long-term AI-driven opportunity, others flag that short-term multiples may still look rich relative to near-term growth deceleration. Assessing Intuit (INTU) Valuation After Recent Share Price Swings And Undervaluation Debate
• Neutral Sentiment: Comparisons to peers (e.g., Block) highlight a competitive fintech landscape where Intuit’s AI ecosystem and tax/SMB franchises are strengths but require continued execution vs. fast-growing rivals. This shapes relative investor preference rather than a binary buy/sell trigger. Block vs Intuit: Which Fintech Stock is the Better Buy Now?
• Negative Sentiment: Broader weakness in software and tech/AI rotation is pressuring Intuit shares; sector de-risking and hardware-driven market moves have pulled down software multiples and triggered short-term selling. Software Stocks Fall, Hardware Falls Harder. What to Know in the Stock Market’s AI Era.
• Negative Sentiment: Price momentum metrics show meaningful recent weakness (large multi-month declines and volatility), which can attract additional technical selling and weigh on sentiment until conviction on growth/AI monetization re-accelerates.

Analyst Ratings Changes

INTU has been the topic of a number of recent analyst reports. Rothschild & Co Redburn raised Intuit from a “neutral” rating to a “buy” rating and upped their price target for the stock from $670.00 to $700.00 in a research report on Tuesday, March 10th. Scotiabank set a $575.00 price objective on Intuit in a research report on Friday, March 6th. Stifel Nicolaus dropped their target price on Intuit from $800.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Citigroup reduced their target price on Intuit from $803.00 to $649.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Finally, Guggenheim set a $633.00 price target on Intuit in a research note on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $638.06.

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.