Investors Buy Large Volume of Call Options on Intuit (NASDAQ:INTU)

Intuit Inc. (NASDAQ:INTU) saw unusually large options trading on Wednesday. Investors bought 29,545 call options on the company. This is an increase of 229% compared to the average volume of 8,978 call options.

Insider Buying and Selling

In other news, Director Richard L. Dalzell sold 333 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $659.95, for a total value of $219,763.35. Following the transaction, the director owned 13,476 shares of the company’s stock, valued at $8,893,486.20. This trade represents a 2.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $650.10, for a total value of $26,654,100.00. Following the transaction, the chief executive officer owned 13,611 shares of the company’s stock, valued at approximately $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 388,464 shares of company stock valued at $255,514,393 over the last three months. 2.49% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Intuit

A number of institutional investors and hedge funds have recently made changes to their positions in INTU. Weaver Capital Management LLC increased its stake in Intuit by 1.3% during the second quarter. Weaver Capital Management LLC now owns 1,127 shares of the software maker’s stock worth $888,000 after acquiring an additional 14 shares during the last quarter. May Hill Capital LLC boosted its holdings in shares of Intuit by 4.2% in the 2nd quarter. May Hill Capital LLC now owns 345 shares of the software maker’s stock worth $272,000 after purchasing an additional 14 shares during the period. Northern Financial Advisors Inc boosted its holdings in shares of Intuit by 1.3% in the 2nd quarter. Northern Financial Advisors Inc now owns 1,209 shares of the software maker’s stock worth $952,000 after purchasing an additional 15 shares during the period. Telos Capital Management Inc. increased its position in shares of Intuit by 2.6% during 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 during the last quarter. Finally, Mcrae Capital Management Inc. raised its holdings in Intuit by 0.7% during the 2nd quarter. Mcrae Capital Management Inc. now owns 2,187 shares of the software maker’s stock valued at $1,723,000 after buying an additional 15 shares during the period. 83.66% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Bull case published highlighting Intuit’s strong fundamentals, revenue growth and long-term TAM; suggests current pullback could present a buying opportunity for long-term investors. Intuit Inc. (INTU): A Bull Case Theory
• Positive Sentiment: New partnership with Affirm aimed at SMBs — could expand payment and financing options in Intuit’s merchant stack, supporting revenue and cross-sell into QuickBooks customers. How Will SMBs Benefit from Intuit and Affirm’s Partnership?
• Positive Sentiment: High-profile marketing/PR at Super Bowl LX (financial literacy forum featuring Christian McCaffrey) boosts brand visibility and consumer goodwill for TurboTax/Intuit products. McCaffrey Headlines Intuit Financial Literacy Forum At Super Bowl LX
• Positive Sentiment: Unusual options activity: a large block of call buying suggests some investors are speculating on a rebound or hedging, which can create intraday buying interest. (Market data entry)
• Neutral Sentiment: New Mailchimp report and marketing content release reinforce product engagement initiatives but are unlikely to move near-term revenue materially. New Intuit Mailchimp Report Reveals What Marketers Overlook
• Negative Sentiment: Analyst downgrade(s) and a cited price target cut triggered selling — multiple headlines reported INTU trading down sharply after the downgrade, pushing the stock toward a 12‑month low. Analyst sentiment is the primary near-term driver of the decline. Intuit (NASDAQ:INTU) Trading Down 7.3% After Analyst Downgrade
• Negative Sentiment: Oppenheimer lowered expectations for INTU, adding to resale pressure by signaling weaker near-term growth/valuation upside in analyst models. Oppenheimer Has Lowered Expectations for Intuit (NASDAQ:INTU) Stock Price
• Negative Sentiment: TurboTax experienced a New York state‑filing outage (since fixed) — short-term reputational and transaction frictions can dent confidence during peak filing season, amplifying downside when paired with downgrades. Turbo Tax issue prevents filing of NY State returns

Wall Street Analyst Weigh In

Several equities analysts have weighed in on INTU shares. BMO Capital Markets lowered their price target on shares of Intuit from $870.00 to $810.00 and set an “outperform” rating on the stock in a report on Friday, November 21st. Independent Research set a $875.00 target price on shares of Intuit in a research note on Tuesday, November 18th. Truist Financial began coverage on shares of Intuit in a report on Tuesday, January 6th. They issued a “buy” rating and a $739.00 target price for the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Intuit in a report on Wednesday, January 28th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Intuit in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Intuit presently has an average rating of “Moderate Buy” and an average target price of $785.12.

Intuit Stock Down 2.4%

INTU opened at $434.91 on Friday. The company has a market capitalization of $121.02 billion, a PE ratio of 29.73, a price-to-earnings-growth ratio of 1.82 and a beta of 1.24. The firm has a 50-day simple moving average of $610.09 and a two-hundred day simple moving average of $660.18. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. Intuit has a 52 week low of $411.11 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 (EPS) for the quarter, topping the consensus estimate of $3.09 by $0.25. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The firm had revenue of $3.87 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same period in the previous year, the firm posted $2.50 earnings per share. The business’s 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. Analysts forecast that Intuit will post 14.09 earnings per share for the current fiscal year.

Intuit Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Friday, January 9th were given a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, January 9th. Intuit’s payout ratio is currently 32.81%.

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.