Baader Bank Aktiengesellschaft Has $233,000 Stock Holdings in Intuit Inc. $INTU

Baader Bank Aktiengesellschaft reduced its stake in Intuit Inc. (NASDAQ:INTU) by 78.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 538 shares of the software maker’s stock after selling 1,937 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Intuit were worth $233,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in INTU. Betterment LLC raised its stake in Intuit by 2.1% during the 3rd quarter. Betterment LLC now owns 779 shares of the software maker’s stock worth $532,000 after buying an additional 16 shares during the period. SeaCrest Wealth Management LLC increased its holdings in shares of Intuit by 2.4% during the fourth quarter. SeaCrest Wealth Management LLC now owns 764 shares of the software maker’s stock valued at $498,000 after acquiring an additional 18 shares in the last quarter. PFG Investments LLC raised its position in shares of Intuit by 2.0% during the fourth quarter. PFG Investments LLC now owns 915 shares of the software maker’s stock worth $606,000 after purchasing an additional 18 shares during the period. One Capital Management LLC raised its position in shares of Intuit by 2.7% during the third quarter. One Capital Management LLC now owns 681 shares of the software maker’s stock worth $465,000 after purchasing an additional 18 shares during the period. Finally, Quadcap Wealth Management LLC lifted its holdings in shares of Intuit by 1.0% in the 3rd quarter. Quadcap Wealth Management LLC now owns 1,801 shares of the software maker’s stock worth $1,230,000 after purchasing an additional 18 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit launched a new QuickBooks-linked small business credit card with Mastercard, adding a spend-management and rewards product that could deepen the company’s ecosystem and support growth in its small-business segment. Article link
• Neutral Sentiment: Several articles reiterated Intuit’s longer-term growth appeal and highlighted its enterprise and QuickBooks platform strengths, but these were largely commentary pieces rather than fresh catalysts.
• Negative Sentiment: Multiple law firms announced or repeated reminders about a securities-fraud class action against Intuit, alleging misstatements or omissions about TurboTax’s competitive position, pricing pressure, and the strength of the tax business. These legal headlines can weigh on investor sentiment and raise uncertainty around the stock. Article link
• Negative Sentiment: Separately, Morgan Stanley’s cautious coverage and lowered expectations added to the pressure on Intuit and other software names, reinforcing concerns about near-term sentiment. Article link

Insider Buying and Selling

In other Intuit news, Director Richard L. Dalzell sold 284 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total transaction of $74,498.88. Following the completion of the transaction, the director directly owned 11,758 shares of the company’s stock, valued at approximately $3,084,358.56. This represents a 2.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vasant M. Prabhu bought 500 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was purchased at an average cost of $309.71 per share, with a total value of $154,855.00. Following the completion of the transaction, the director directly owned 1,750 shares of the company’s stock, valued at approximately $541,992.50. The trade was a 40.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 1,239 shares of company stock worth $348,354 in the last ninety days. 2.49% of the stock is currently owned by insiders.

Analyst Ratings Changes

INTU has been the subject of several research reports. Evercore reduced their price target on shares of Intuit from $540.00 to $400.00 and set an “outperform” rating for the company in a research report on Thursday, May 21st. Erste Group Bank raised shares of Intuit to a “hold” rating in a research note on Monday, April 27th. Barclays reduced their price objective on shares of Intuit from $540.00 to $443.00 and set an “overweight” rating for the company in a report on Thursday, May 21st. Northcoast Research decreased their target price on shares of Intuit from $575.00 to $465.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Finally, Morgan Stanley lowered shares of Intuit from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $580.00 to $335.00 in a report on Tuesday. Twenty-one equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $468.84.

Intuit Trading Down 1.9%

Shares of Intuit stock opened at $284.47 on Thursday. Intuit Inc. has a 1 year low of $252.84 and a 1 year high of $813.70. The firm has a market cap of $77.81 billion, a PE ratio of 17.23, a P/E/G ratio of 1.06 and a beta of 1.00. The stock has a fifty day moving average price of $297.51 and a 200-day moving average price of $396.75. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.45.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. The company had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the firm earned $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Equities research analysts anticipate that Intuit Inc. will post 18.18 EPS for the current year.

Intuit Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 9th were paid a dividend of $1.20 per share. The ex-dividend date was Thursday, July 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.7%. Intuit’s dividend payout ratio (DPR) is presently 29.07%.

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.