Intuit Inc. $INTU Shares Bought by Atria Investments Inc

Atria Investments Inc grew its holdings in Intuit Inc. (NASDAQ:INTU) by 11.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,962 shares of the software maker’s stock after acquiring an additional 2,696 shares during the period. Atria Investments Inc’s holdings in Intuit were worth $18,412,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. May Hill Capital LLC increased its holdings in Intuit by 4.2% during 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. Telos Capital Management Inc. increased its stake in shares of Intuit by 2.6% during the second quarter. Telos Capital Management Inc. now owns 585 shares of the software maker’s stock worth $461,000 after buying an additional 15 shares during the period. Mcrae Capital Management Inc. raised its holdings in Intuit by 0.7% in the second quarter. Mcrae Capital Management Inc. now owns 2,187 shares of the software maker’s stock valued at $1,723,000 after acquiring an additional 15 shares in the last quarter. 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 acquiring an additional 15 shares in the last quarter. Finally, BetterWealth LLC lifted its stake in Intuit by 3.8% in the third quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock worth $281,000 after acquiring an additional 15 shares during the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Intuit News Summary

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit launched an AI‑powered Construction Edition for its Intuit Enterprise Suite aimed at mid‑market construction companies — a new vertical product that could drive incremental ARR and upsell opportunities. Intuit Launches New AI‑Powered Construction Edition for Intuit Enterprise Suite
• Positive Sentiment: Intuit rolled out a new Firm Hub as a replacement for QBOA, improving product positioning for accounting firms and supporting professional‑channel growth. Intuit launches new firm hub as QBOA replacement
• Positive Sentiment: Mailchimp added advanced, data‑driven ecommerce marketing features and expanded SMS into new markets — product enhancements that aim to lift monetization and cross‑sell within Intuit’s marketing stack. Intuit Mailchimp Unlocks a New Era of Profitable Ecommerce Marketing
• Positive Sentiment: Media personalities expressed bullish views: Jim Cramer said he’d buy Intuit at current levels, which can attract short‑term buyers and retail interest. Jim Cramer on Intuit: “I’d Be a Buyer Right Here, Right Now”
• Neutral Sentiment: Barron’s and other strategists flagged that heavy short interest in software could set up a short squeeze if sentiment stabilizes — market‑level context that could create volatility in INTU. Software Stocks Look Primed for a Short Squeeze
• Neutral Sentiment: Analysts and strategists (Reuters, Morgan Stanley coverage) say AI disruption fears have pressured software stocks but may present buying opportunities in high‑quality names like Intuit. AI disruption fears create buying chance in US software stocks, strategists say
• Neutral Sentiment: Coverage pieces comparing Intuit with peers (CRM vs INTU) provide valuation context for value investors but contain mixed conclusions rather than a clear near‑term catalyst. CRM vs. INTU: Which Stock Should Value Investors Buy Now?
• Neutral Sentiment: Short‑interest snippets in the feed show anomalous zero values and unreliable data — current days‑to‑cover metrics are not informative from these entries.
• Negative Sentiment: Intuit shares hit a 52‑week low, reflecting recent sector weakness and selling pressure that can prompt stop‑losses and margin selling. Intuit stock hits 52‑week low at $410.59
• Negative Sentiment: An employee filed a lawsuit alleging a manager called her a “DEI hire,” a reputational/legal overhang that could draw further scrutiny and distraction. Employee sues Intuit alleging manager branded her a ‘DEI hire’
• Negative Sentiment: BMO lowered its price target on INTU from $810 to $624 — a downgrade in modeled upside that can weigh on investor expectations despite an “outperform” rating. Intuit price target lowered at BMO Capital Markets
• Negative Sentiment: Market commentary (Zacks) notes INTU has recently dropped more than the broader market — emphasizing downside momentum that traders may view as confirmation of the selloff. Intuit Suffers a Larger Drop Than the General Market

Wall Street Analyst Weigh In

A number of brokerages have commented on INTU. Independent Research set a $875.00 price objective on shares of Intuit in a research report on Tuesday, November 18th. BMO Capital Markets lowered their target price on shares of Intuit from $810.00 to $624.00 and set an “outperform” rating for the company in a research note on Tuesday. KeyCorp cut their price target on Intuit from $825.00 to $750.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. Wolfe Research decreased their price target on Intuit from $870.00 to $830.00 and set an “outperform” rating for the company in a report on Monday, December 15th. Finally, Wells Fargo & Company reiterated an “equal weight” rating and issued a $700.00 price objective (down previously from $840.00) on shares of Intuit in a report on Thursday, January 8th. Twenty-two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $772.42.

Intuit Stock Performance

NASDAQ:INTU opened at $399.31 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39. The firm has a market cap of $111.12 billion, a price-to-earnings ratio of 27.29, a price-to-earnings-growth ratio of 1.72 and a beta of 1.24. The firm’s fifty day moving average price is $593.15 and its 200 day moving average price is $649.61. Intuit Inc. has a 1-year low of $392.38 and a 1-year high of $813.70.

Intuit (NASDAQ:INTU) last released its earnings results on Thursday, November 20th. The software maker reported $3.34 EPS 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 analysts’ expectations of $3.76 billion. Intuit had a net margin of 21.19% and a return on equity of 23.52%. The business’s revenue was up 18.3% on a year-over-year basis. During the same quarter last year, the business earned $2.50 EPS. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. On average, sell-side analysts expect that Intuit Inc. will post 14.09 EPS for the current 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 paid a $1.20 dividend. The ex-dividend date was Friday, January 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.2%. Intuit’s payout ratio is 32.81%.

Insiders Place Their Bets

In other news, Director Scott D. Cook sold 75,000 shares of the stock in a transaction dated Monday, December 29th. The shares were sold at an average price of $673.43, for a total value of $50,507,250.00. Following the completion of the transaction, the director owned 5,669,584 shares in the company, valued at $3,818,067,953.12. This trade represents a 1.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $629.46, for a total transaction of $840,329.10. Following the completion of the sale, the chief financial officer owned 536 shares of the company’s stock, valued at $337,390.56. This trade represents a 71.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 388,464 shares of company stock worth $255,514,393. Insiders own 2.49% of the company’s stock.

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.