Diversified Trust Co. Sells 1,174 Shares of Intuit Inc. $INTU

Diversified Trust Co. cut its holdings in shares of Intuit Inc. (NASDAQ:INTUFree Report) by 11.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,068 shares of the software maker’s stock after selling 1,174 shares during the period. Diversified Trust Co.’s holdings in Intuit were worth $6,007,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in INTU. Sagard Holdings Management Inc. bought a new position in shares of Intuit during the second quarter valued at $28,000. Total Investment Management Inc. acquired a new position in shares of Intuit during the second quarter worth $33,000. Kilter Group LLC bought a new stake in shares of Intuit in the second quarter worth $35,000. MTM Investment Management LLC grew its stake in shares of Intuit by 135.0% in the third quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock worth $32,000 after purchasing an additional 27 shares during the last quarter. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in Intuit in the third quarter valued at $33,000. 83.66% of the stock is owned by institutional investors.

Insider Activity at Intuit

In related news, CFO Sandeep Aujla sold 1,335 shares of the stock in a transaction on Monday, January 5th. The shares were sold at an average price of $629.46, for a total transaction of $840,329.10. Following the transaction, the chief financial officer directly owned 536 shares of the company’s stock, valued at $337,390.56. This represents a 71.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sasan K. Goodarzi sold 41,000 shares of the firm’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total transaction of $26,654,100.00. Following the completion of the sale, the chief executive officer owned 13,611 shares of the company’s stock, valued at $8,848,511.10. The trade was a 75.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 119,403 shares of company stock worth $79,242,742. 2.49% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have commented on INTU. Weiss Ratings lowered Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 5th. Wall Street Zen downgraded Intuit from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Barclays reaffirmed an “overweight” rating and issued a $540.00 price objective on shares of Intuit in a research note on Monday, March 16th. TD Cowen reissued a “buy” rating on shares of Intuit in a research report on Monday, March 16th. Finally, Stifel Nicolaus lowered their price target on shares of Intuit from $800.00 to $500.00 and set a “buy” rating for the company in a report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $638.06.

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Intuit Stock Up 0.4%

Shares of NASDAQ:INTU opened at $457.45 on Tuesday. Intuit Inc. has a 1 year low of $349.00 and a 1 year high of $813.70. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.32 and a quick ratio of 1.32. The business’s 50-day moving average is $459.50 and its 200-day moving average is $590.84. The company has a market capitalization of $126.51 billion, a price-to-earnings ratio of 29.63, a P/E/G ratio of 1.83 and a beta of 1.27.

Intuit (NASDAQ:INTUGet Free Report) last released its earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, topping the consensus estimate of $3.68 by $0.47. The business had revenue of $4.65 billion during the quarter, compared to analysts’ expectations of $4.53 billion. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The firm’s revenue was up 17.4% on a year-over-year basis. During the same quarter last 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. Equities research analysts predict that Intuit Inc. will post 14.09 earnings per share for the current year.

Intuit Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 9th will be given a dividend of $1.20 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.0%. Intuit’s dividend payout ratio (DPR) is 31.09%.

Intuit Profile

(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.

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Institutional Ownership by Quarter for Intuit (NASDAQ:INTU)

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