Argent Capital Management LLC Has $8.46 Million Stock Position in Intuit Inc. $INTU

Argent Capital Management LLC lessened its stake in Intuit Inc. (NASDAQ:INTU) by 70.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,770 shares of the software maker’s stock after selling 30,818 shares during the quarter. Argent Capital Management LLC’s holdings in Intuit were worth $8,459,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Sagard Holdings Management Inc. acquired a new stake in Intuit in the second quarter valued at $28,000. Total Investment Management Inc. acquired a new position in shares of Intuit during the 2nd quarter worth about $33,000. Kilter Group LLC bought a new stake in shares of Intuit in the 2nd quarter valued at about $35,000. MTM Investment Management LLC raised its holdings in shares of 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 purchasing an additional 27 shares during the period. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in Intuit in the 3rd quarter valued at about $33,000. 83.66% of the stock is owned by institutional investors.

Insider Buying and Selling at Intuit

In other Intuit news, CFO Sandeep Aujla sold 1,335 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $629.46, for a total transaction of $840,329.10. Following the transaction, the chief financial officer owned 536 shares in the company, valued at $337,390.56. This trade represents a 71.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Scott D. Cook sold 75,000 shares of Intuit stock in a transaction on Monday, December 29th. The shares were sold at an average price of $673.43, for a total value of $50,507,250.00. Following the completion of the transaction, the director directly owned 5,669,584 shares of the company’s stock, valued at $3,818,067,953.12. This represents a 1.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 119,403 shares of company stock valued at $79,242,742 over the last ninety days. Company insiders own 2.49% of the company’s stock.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Morgan Stanley named Intuit a “Top Pick,” a high-visibility endorsement that drove buying interest by highlighting Intuit’s tax-season visibility and growth outlook. Intuit stock rises after Morgan Stanley Top Pick designation
• Positive Sentiment: Company leadership halted planned insider stock sales and Intuit is stepping up share buybacks — a signal management is prioritizing shareholder returns and reducing potential supply pressure from insider selling. Intuit steps up share buybacks as leadership halts planned stock sales
• Positive Sentiment: BNP Paribas Exane upgraded Intuit, reinforcing the bullish analyst tone and likely supporting demand from institutional investors. Intuit (NASDAQ:INTU) Stock Rating Upgraded by BNP Paribas Exane
• Neutral Sentiment: Wall Street coverage remains favorable overall (multiple outlets aggregating analyst buy/hold recommendations), which sustains interest but may already be priced in. Wall Street Analysts See Intuit (INTU) as a Buy: Should You Invest?
• Neutral Sentiment: Morgan Stanley notes Intuit’s fiscal Q3 results could act as a catalyst by clarifying tax-season trends — a near-term event investors should watch for confirmation of demand. Intuit Fiscal Q3 Seen as Catalyst for Tax-Season Visibility, Growth, Morgan Stanley Says
• Neutral Sentiment: CEO Sasan Goodarzi gave TV interviews explaining the canceled insider sales and broader strategy — useful context but not a direct earnings update. Watch CNBC’s full interview with Intuit CEO Sasan Goodarzi
• Negative Sentiment: Intuit’s accelerated QuickBooks Desktop exit is testing customer loyalty and opening the door for competitors (e.g., Xero) to poach customers — a potential longer-term headwind to small-business retention and revenue if migrations accelerate. Intuit Desktop Exit Tests Customer Loyalty As Rivals Court QuickBooks Users

Intuit Stock Up 1.9%

INTU opened at $455.24 on Friday. The stock has a fifty day moving average of $466.88 and a 200-day moving average of $594.81. The company has a market capitalization of $125.90 billion, a P/E ratio of 29.48, a P/E/G ratio of 1.80 and a beta of 1.26. Intuit Inc. has a fifty-two week low of $349.00 and a fifty-two week high of $813.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.32 and a current ratio of 1.32.

Intuit (NASDAQ:INTU) last released its quarterly earnings results on Thursday, February 26th. The software maker reported $4.15 EPS for the quarter, beating the consensus estimate of $3.68 by $0.47. Intuit had a net margin of 21.57% and a return on equity of 24.23%. The business had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.53 billion. During the same period in the prior year, the company posted $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 expect that Intuit Inc. will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 9th will be given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, April 9th. Intuit’s dividend payout ratio is presently 31.09%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Wolfe Research set a $550.00 price target on Intuit and gave the stock an “outperform” rating in a research report on Thursday, March 12th. Weiss Ratings cut Intuit from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, February 5th. JPMorgan Chase & Co. reduced their target price on Intuit from $750.00 to $605.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Wells Fargo & Company decreased their target price on Intuit from $700.00 to $425.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 24th. Finally, Wall Street Zen downgraded Intuit from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. One analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $638.06.

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.