Sen. Markwayne Mullin Sells Off Shares of Intuit Inc. (NASDAQ:INTU)

Posted by Defense World Staff on Mar 12th, 2026

Senator Markwayne Mullin (Republican-Oklahoma) recently sold shares of Intuit Inc. (NASDAQ:INTU). In a filing disclosed on March 10th, the Senator disclosed that they had sold between $15,001 and $50,000 in Intuit stock on February 25th.

Senator Markwayne Mullin also recently made the following trade(s):

Sold $50,001 – $100,000 in shares of AutoZone (NYSE:AZO) on 2/25/2026.
Purchased $50,001 – $100,000 in shares of UnitedHealth Group (NYSE:UNH) on 2/25/2026.
Sold $15,001 – $50,000 in shares of MasTec (NYSE:MTZ) on 2/4/2026.
Sold $15,001 – $50,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 2/4/2026.
Purchased $15,001 – $50,000 in shares of McKesson (NYSE:MCK) on 2/4/2026.
Sold $1,001 – $15,000 in shares of Iron Mountain (NYSE:IRM) on 2/4/2026.
Purchased $15,001 – $50,000 in shares of FirstCash (NASDAQ:FCFS) on 2/4/2026.
Sold $15,001 – $50,000 in shares of Dell Technologies (NYSE:DELL) on 2/4/2026.
Sold $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 2/4/2026.
Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 2/4/2026.

Intuit Stock Performance

Shares of NASDAQ INTU opened at $440.45 on Thursday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28. The firm’s 50-day moving average price is $490.65 and its two-hundred day moving average price is $603.35. Intuit Inc. has a 52-week low of $349.00 and a 52-week high of $813.70. The stock has a market capitalization of $121.81 billion, a P/E ratio of 28.53, a P/E/G ratio of 1.82 and a beta of 1.26.

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

Intuit Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be paid a dividend of $1.20 per share. The ex-dividend date is Thursday, April 9th. This represents a $4.80 annualized dividend and a yield of 1.1%. Intuit’s dividend payout ratio is 31.09%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Tortoise Investment Management LLC raised its stake in shares of Intuit by 540.0% during the second quarter. Tortoise Investment Management LLC now owns 32 shares of the software maker’s stock valued at $25,000 after purchasing an additional 27 shares in the last quarter. Sagard Holdings Management Inc. acquired a new stake in Intuit in the second quarter worth about $28,000. Joseph Group Capital Management bought a new position in Intuit in the 4th quarter valued at about $25,000. Intesa Sanpaolo Wealth Management bought a new position in Intuit in the 4th quarter valued at about $25,000. Finally, Total Investment Management Inc. acquired a new position in Intuit during the 2nd quarter valued at about $33,000. Institutional investors and hedge funds own 83.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Stifel Nicolaus lowered their price objective on Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a research note on Friday, February 27th. KeyCorp cut their target price on Intuit from $750.00 to $520.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Citigroup reduced their price target on shares of Intuit from $803.00 to $649.00 and set a “buy” rating for the company in a report on Friday, February 27th. Truist Financial started coverage on shares of Intuit in a research report on Tuesday, January 6th. They set a “buy” rating and a $739.00 price target for the company. Finally, Mizuho dropped their price objective on shares of Intuit from $675.00 to $600.00 and set an “outperform” rating on the stock in a report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $643.29.

Read Our Latest Stock Analysis on Intuit

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Jim Cramer publicly urged investors to “stick with” Intuit, reiterating confidence after management’s recent appearance and strong quarterly results. Jim Cramer on Intuit: “You Stick With That One, It’s Going to Go Higher”
Positive Sentiment: Rothschild & Co Redburn upgraded Intuit from Neutral to Buy and raised its price target, citing resilience of core software versus AI disruption — a vote of confidence from a sell‑side shop. Redburn upgrades Intuit saying core software resilient to AI disruption
Positive Sentiment: Coverage of Q4 earnings places Intuit among outperformers in the finance/HR software cohort — highlighting the company’s revenue and EPS beat and continued product adoption. Q4 Earnings Outperformers: Intuit And The Rest Of The Finance and HR Software Stocks
Neutral Sentiment: Analyst fair‑value estimates have been trimmed (recent notes move mid‑range targets into ~$500–$600), reflecting elevated AI risk and tax‑season exposure; this is a valuation re‑balancing rather than a change to the growth story. How The Intuit (INTU) Investment Story Is Shifting With AI Risks And Lower Targets
Neutral Sentiment: Short interest fell ~19.5% in February to ~6.69M shares (≈2.5% of float), lowering days‑to‑cover — a technical datapoint that can reduce short‑squeeze risk. (No link)
Negative Sentiment: Opinion pieces and technical studies warn Intuit faces structural/technical trouble after a >50% decline since July 2025, flagging potential further downside if the chart pattern and momentum don’t stabilize. Intuit Stock Faces Structural Trouble Despite Optimistic Calls
Negative Sentiment: Coverage from The Motley Fool highlights AI uncertainty and valuation risk despite solid underlying growth, cautioning investors to expect continued volatility. Intuit Stock Has Been Crushed This Year. How Much Further Could It Fall?
Negative Sentiment: Market commentary points to investor re‑pricing tied to Intuit’s tax‑season quarter guidance and planned higher customer‑acquisition/service spend; combined with heavy insider selling and notable institutional position reductions, this raises near‑term sentiment risk. Intuit slides as investors focus on tax-season outlook and spending plans

Insiders Place Their Bets

In other news, CEO Sasan K. Goodarzi sold 41,000 shares of the company’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 completion of the sale, 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Scott D. Cook sold 1,402 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total transaction of $936,564.04. Following the completion of the transaction, the director owned 5,668,182 shares of the company’s stock, valued at $3,786,458,939.64. This trade represents a 0.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 119,835 shares of company stock worth $79,679,393. 2.49% of the stock is owned by corporate insiders.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

Intuit Company Profile

(Get Free Report)

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.