Intuit Inc. $INTU Shares Acquired by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT increased its holdings in Intuit Inc. (NASDAQ:INTU) by 386.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,727 shares of the software maker’s stock after acquiring an additional 1,372 shares during the quarter. 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 large investors have also recently bought and sold shares of INTU. May Hill Capital LLC increased its position in Intuit by 4.2% in the 2nd 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. grew its position in 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 buying an additional 15 shares during the last quarter. Mcrae Capital Management Inc. increased its stake in Intuit by 0.7% in 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. Fort Sheridan Advisors LLC raised its position in Intuit by 2.1% during the 2nd quarter. Fort Sheridan Advisors LLC now owns 722 shares of the software maker’s stock worth $569,000 after buying an additional 15 shares during the last quarter. Finally, BetterWealth LLC lifted its stake in shares of Intuit by 3.8% in the 3rd quarter. BetterWealth LLC now owns 412 shares of the software maker’s stock worth $281,000 after acquiring an additional 15 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on INTU. The Goldman Sachs Group initiated coverage on shares of Intuit in a research note on Monday, January 12th. They set a “neutral” rating and a $720.00 price target on the stock. Wall Street Zen upgraded Intuit from a “hold” rating to a “buy” rating in a research report on Sunday, January 11th. BMO Capital Markets reduced their price target on Intuit from $810.00 to $624.00 and set an “outperform” rating for the company in a report on Tuesday, February 10th. Daiwa Securities Group lifted their price target on Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a research note on Wednesday, November 26th. Finally, Weiss Ratings cut Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 5th. Twenty-two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Intuit presently has a consensus rating of “Moderate Buy” and a consensus price target of $768.96.

Insider Activity

In other Intuit news, Director Scott D. Cook sold 1,402 shares of Intuit stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total value of $936,564.04. Following the completion of the sale, the director directly owned 5,668,182 shares of the company’s stock, valued at approximately $3,786,458,939.64. The trade was a 0.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the business’s stock in a transaction 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 completion of the transaction, the chief executive officer owned 13,611 shares of the company’s stock, valued at $8,848,511.10. This trade represents a 75.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 388,464 shares of company stock valued at $255,514,393 over the last quarter. 2.49% of the stock is currently owned by company insiders.

Intuit Stock Down 0.3%

Shares of NASDAQ INTU opened at $380.55 on Friday. The firm’s 50-day moving average is $554.54 and its two-hundred day moving average is $630.03. The company has a market capitalization of $105.90 billion, a PE ratio of 26.01, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. Intuit Inc. has a 12-month low of $375.40 and a 12-month high of $813.70. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.39 and a quick ratio of 1.39.

Intuit (NASDAQ:INTU) last released its quarterly earnings results 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 the consensus estimate of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.Intuit’s revenue was up 18.3% compared to the same quarter last year. During the same quarter last year, the business posted $2.50 earnings per share. Equities analysts anticipate that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Key Stories Impacting Intuit

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.

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.