Dakota Wealth Management Sells 1,792 Shares of Intuit Inc. $INTU

Dakota Wealth Management reduced its stake in Intuit Inc. (NASDAQ:INTU) by 49.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,819 shares of the software maker’s stock after selling 1,792 shares during the quarter. Dakota Wealth Management’s holdings in Intuit were worth $1,242,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in INTU. Norges Bank bought a new stake in shares of Intuit in the 2nd quarter valued at $3,268,830,000. Nicholas Hoffman & Company LLC. acquired a new position in Intuit in the first quarter valued at $785,564,000. Winslow Capital Management LLC bought a new stake in Intuit during the second quarter valued at $782,677,000. Vanguard Group Inc. grew its holdings in Intuit by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock worth $19,546,243,000 after acquiring an additional 914,024 shares during the period. Finally, Swedbank AB raised its position in shares of Intuit by 575.4% in the 3rd quarter. Swedbank AB now owns 881,555 shares of the software maker’s stock worth $602,023,000 after acquiring an additional 751,027 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

Intuit Stock Performance

Shares of INTU stock opened at $381.23 on Thursday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.28. The firm has a fifty day simple moving average of $536.83 and a two-hundred day simple moving average of $621.70. Intuit Inc. has a 12 month low of $349.00 and a 12 month high of $813.70. The firm has a market capitalization of $106.08 billion, a PE ratio of 26.06, a price-to-earnings-growth ratio of 1.47 and a beta of 1.24.

Analyst Ratings Changes

Several brokerages recently commented on INTU. Evercore restated an “outperform” rating and set a $875.00 target price on shares of Intuit in a research report on Tuesday, November 18th. UBS Group set a $739.00 price target on Intuit in a report on Tuesday, January 6th. Oppenheimer reduced their price objective on shares of Intuit from $868.00 to $696.00 and set an “outperform” rating for the company in a research report on Tuesday, February 3rd. Wolfe Research dropped their target price on shares of Intuit from $870.00 to $830.00 and set an “outperform” rating on the stock in a research report on Monday, December 15th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Intuit in a research note on Wednesday, January 28th. Twenty-two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Intuit has an average rating of “Moderate Buy” and an average target price of $726.18.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Announced a multi‑year partnership with Anthropic to build customizable AI agents for QuickBooks/TurboTax and to surface Intuit’s financial models inside Anthropic products — this reassures investors that Intuit is leaning into AI as a capability enhancer (boost to product moat and revenue optionality). Read More.
• Positive Sentiment: Analyst reaction: William Blair and other voices highlighted the Anthropic tie as strengthening Intuit’s AI roadmap and competitive moat, helping underpin buy ratings and bullish commentary. Read More.
• Neutral Sentiment: Upcoming earnings: Intuit is set to report soon; previews expect continued double‑digit revenue growth across QuickBooks, TurboTax and Credit Karma, but results/outlook will be a key near‑term catalyst. Read More.
• Neutral Sentiment: Sector context: software names remain under pressure as investors sort winners vs. losers in the AI cycle — this creates volatility but also narrative support for well‑positioned names like Intuit. Read More.
• Negative Sentiment: Analyst downside pressure: Wells Fargo trimmed its price target sharply (from $700 to $425) and other firms issued cautious forecasts — these downgrades increase near‑term selling risk despite the Anthropic news. Read More.
• Negative Sentiment: Short interest jumped ~40% month‑over‑month to ~8.3M shares (~3.1% of float), raising the potential for continued downward pressure or volatility if sentiment reverses — days‑to‑cover remains modest (~1.7 days), so squeezes are possible but limited.
• Negative Sentiment: Shares recently hit a 52‑week low amid the sector selloff, reflecting persistent investor anxiety that could limit upside until earnings and early Anthropic integrations show traction. Read More.

Insider Buying and Selling at Intuit

In related news, CFO Sandeep Aujla sold 1,335 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $629.46, for a total value of $840,329.10. Following the sale, the chief financial officer owned 536 shares in the company, valued at $337,390.56. This represents a 71.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Scott D. Cook sold 1,402 shares of Intuit stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $668.02, for a total value of $936,564.04. Following 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 388,464 shares of company stock valued at $255,514,393. Insiders own 2.49% of the company’s 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.