Intuit Inc. $INTU Shares Sold by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed its holdings in Intuit Inc. (NASDAQ:INTU) by 7.5% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 457,976 shares of the software maker’s stock after selling 36,875 shares during the period. Intuit accounts for approximately 0.8% of BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s portfolio, making the stock its 20th largest position. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned about 0.16% of Intuit worth $312,143,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Tortoise Investment Management LLC grew its stake in shares of Intuit by 540.0% in the 2nd 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 during the last quarter. Westside Investment Management Inc. lifted its holdings in shares of Intuit by 161.5% during the second quarter. Westside Investment Management Inc. now owns 34 shares of the software maker’s stock worth $27,000 after purchasing an additional 21 shares during the period. Sagard Holdings Management Inc. acquired a new stake in shares of Intuit during the second quarter worth $28,000. True Wealth Design LLC grew its position in Intuit by 270.0% in the 2nd quarter. True Wealth Design LLC now owns 37 shares of the software maker’s stock valued at $29,000 after buying an additional 27 shares during the last quarter. Finally, MTM Investment Management LLC increased its stake in Intuit by 135.0% in the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock valued at $32,000 after buying an additional 27 shares during the period. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on INTU shares. Weiss Ratings cut shares of Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, February 5th. Wall Street Zen raised shares of Intuit from a “hold” rating to a “buy” rating in a report on Sunday, January 11th. Independent Research set a $875.00 price objective on Intuit in a report on Tuesday, November 18th. Mizuho set a $675.00 target price on Intuit in a research report on Thursday. Finally, Daiwa Securities Group raised their price target on Intuit from $770.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Twenty-two research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Intuit has an average rating of “Moderate Buy” and a consensus price target of $768.96.

Insider Buying and Selling

In related news, Director Scott D. Cook sold 75,000 shares of the stock in a transaction on Monday, December 29th. The stock was sold at an average price of $673.43, for a total transaction of $50,507,250.00. Following the sale, the director owned 5,669,584 shares of the company’s stock, valued at $3,818,067,953.12. This trade represents a 1.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sasan K. Goodarzi sold 41,000 shares of Intuit stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $650.10, for a total value of $26,654,100.00. Following the sale, the chief executive officer 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 SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 388,464 shares of company stock valued at $255,514,393. 2.49% of the stock is currently owned by company insiders.

Intuit Stock Down 2.1%

INTU opened at $381.54 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.39 and a current ratio of 1.39. The company has a market cap of $106.17 billion, a price-to-earnings ratio of 26.08, a PEG ratio of 1.59 and a beta of 1.24. Intuit Inc. has a one year low of $375.40 and a one year high of $813.70. The business’s fifty day moving average is $560.35 and its two-hundred day moving average is $633.80.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Thursday, November 20th. The software maker reported $3.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.09 by $0.25. The business 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%.The business’s revenue was up 18.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.50 EPS. 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: Intuit launched a construction edition of its Enterprise Suite aimed at the $2 trillion construction market — an AI-driven ERP push that expands TAM and recurring revenue opportunities. InsiderMonkey: Intuit Targets $2 Trillion Construction Market
• Positive Sentiment: Wix expanded its partnership with Intuit to better integrate small-business financial and website tools — a distribution/retention benefit that can drive SMB adoption. Benzinga: Wix, Intuit Expand Partnership
• Positive Sentiment: Commentary pushing back on AI-driven “death” narratives suggests some investors view recent sell-offs as overdone; a Seeking Alpha piece argues panic around a $100B hit is premature, supporting a recovery thesis for profitable SaaS names like INTU. Seeking Alpha: Intuit’s $100B Panic
• Positive Sentiment: Analysts’ consensus remains constructive — an average “Moderate Buy” recommendation and recent positive session moves reflect continuing institutional support. AmericanBankingNews: Analysts Moderate Buy
• Neutral Sentiment: Earnings are due next week; Wall Street expects earnings growth but headline expectations are mixed — this makes the print and guidance the immediate catalyst. Zacks: INTU Reports Next Week
• Neutral Sentiment: Market data flagged a reported uptick in “short interest,” but the published figures show zero shares/NaN changes — the item appears to be a data anomaly and currently provides little actionable signal.
• Negative Sentiment: One Zacks preview argued Intuit may lack the set‑up for an earnings beat, which raises risk that the upcoming report or guidance could disappoint and pressure the stock. Zacks: Beat Odds Questioned
• Negative Sentiment: Broader software/AI headwinds are visible after mixed results and cautious guidance from peers (e.g., Palo Alto), which can amplify sector volatility and weigh on high‑multiple software names like INTU. CNBC: Palo Alto Guidance, Sector Pressure

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.