24,820 Shares in Intuit Inc. $INTU Purchased by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab bought a new position in Intuit Inc. (NASDAQ:INTU) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 24,820 shares of the software maker’s stock, valued at approximately $16,950,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of INTU. NEOS Investment Management LLC boosted its position in shares of Intuit by 63.8% during the third quarter. NEOS Investment Management LLC now owns 121,516 shares of the software maker’s stock worth $82,984,000 after buying an additional 47,330 shares during the period. Varma Mutual Pension Insurance Co increased its position in Intuit by 8.7% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 45,058 shares of the software maker’s stock valued at $30,771,000 after acquiring an additional 3,600 shares during the period. Nicholson Wealth Management Group LLC acquired a new stake in Intuit in the 3rd quarter valued at approximately $1,465,000. Crossmark Global Holdings Inc. raised its stake in Intuit by 15.8% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 47,629 shares of the software maker’s stock valued at $32,526,000 after acquiring an additional 6,503 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its stake in Intuit by 50.3% during the 3rd quarter. Hantz Financial Services Inc. now owns 31,871 shares of the software maker’s stock valued at $21,765,000 after acquiring an additional 10,661 shares in the last quarter. 83.66% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Intuit

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Management paused preset insider stock sales and accelerated its share‑repurchase program, signaling the company thinks the stock is undervalued and returning capital to shareholders. Intuit Halts Insider Sales, Accelerates Share Repurchase Program
• Positive Sentiment: Multiple analysts and buy ratings (and several $500–$700 price targets) continue to support a bullish case, giving investors conviction that Intuit’s growth and AI integration could drive a rebound. Intuit Stock (INTU) Opinions on Accelerated Share Buybacks
• Neutral Sentiment: Intuit publicly pushed back on AI-disruption fears, arguing customers pay for “confidence” and regulatory/data moats make its tax and small‑business products less vulnerable to pure AI substitutes. This is a narrative defense but may take time to change market perception. Why Intuit says it is insulated from AI disruption
• Negative Sentiment: A new federal bill, the Direct File Act (S.3948), would establish a free government-run direct tax‑filing system; if enacted and adopted by states, it could materially reduce TurboTax revenues and pressure pricing. This represents a clear regulatory/competitive risk to Intuit’s tax segment. New Bill: Senator Elizabeth Warren introduces S. 3948: Direct File Act of 2026
• Negative Sentiment: Third‑party migration efforts (Xendoo/Xero) are ramping up tools to move customers off QuickBooks as Intuit sunsets legacy desktop products — an immediate competitive headwind for retention and SMB wallet share. Q2X, Powered by Xendoo, Selected as Xero’s Preferred Migration Partner as Demand Surges for QuickBooks Alternative
• Negative Sentiment: Credit-market stress in the software sector — with debt investors trimming software exposure — highlights broader sentiment and funding risks that could amplify volatility for software stocks including Intuit if AI concerns persist. Analysis-Debt investors offloading exposure to software companies is latest sign of pain

Intuit Trading Up 1.5%

Shares of Intuit stock opened at $459.28 on Wednesday. The business has a fifty day simple moving average of $474.92 and a 200-day simple moving average of $596.84. Intuit Inc. has a fifty-two week low of $349.00 and a fifty-two week high of $813.70. The firm has a market cap of $127.01 billion, a price-to-earnings ratio of 29.75, a price-to-earnings-growth ratio of 1.82 and a beta of 1.26. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.28.

Intuit (NASDAQ:INTU) last released its earnings results on Thursday, February 26th. The software maker reported $4.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.68 by $0.47. Intuit had a return on equity of 24.23% and a net margin of 21.57%.The firm had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.53 billion. During the same period in the previous year, the company earned $3.32 earnings per share. Intuit’s revenue was up 17.4% compared to the same quarter last year. Intuit has set its Q3 2026 guidance at 12.450-12.510 EPS and its FY 2026 guidance at 22.980-23.180 EPS. On average, equities analysts forecast that Intuit Inc. will post 14.09 EPS for the current fiscal year.

Intuit Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 9th will be issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Thursday, April 9th. Intuit’s dividend payout ratio (DPR) is presently 31.09%.

Wall Street Analyst Weigh In

INTU has been the subject of several recent analyst reports. Argus decreased their price target on Intuit from $780.00 to $580.00 and set a “buy” rating for the company in a research note on Wednesday, March 4th. Rothschild & Co Redburn upgraded shares of Intuit from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $670.00 to $700.00 in a research note on Tuesday, March 10th. Northcoast Research raised shares of Intuit from a “neutral” rating to a “buy” rating and set a $575.00 price objective for the company in a report on Friday, March 6th. Evercore reiterated an “outperform” rating and issued a $875.00 target price on shares of Intuit in a research report on Tuesday, November 18th. Finally, Independent Research set a $875.00 price target on shares of Intuit in a research report on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $638.06.

Insider Buying and Selling at Intuit

In related news, CEO Sasan K. Goodarzi sold 41,000 shares of Intuit stock in a transaction on 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 transaction, the chief executive officer directly owned 13,611 shares in the company, valued at $8,848,511.10. The trade was a 75.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the sale, the director directly owned 13,253 shares in the company, valued at $5,836,621.20. This trade represents a 2.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 120,501 shares of company stock valued at $79,983,892. 2.49% of the stock is currently owned by corporate insiders.

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.