Quent Long Short Global Small Cap Fund LP Makes New Investment in Intuit Inc. $INTU

Quent Long Short Global Small Cap Fund LP bought a new position in shares of Intuit Inc. (NASDAQ:INTU) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 2,263 shares of the software maker’s stock, valued at approximately $1,499,000.

Other large investors also recently bought and sold shares of the company. MTM Investment Management LLC lifted its holdings in Intuit by 135.0% during the 3rd quarter. MTM Investment Management LLC now owns 47 shares of the software maker’s stock worth $32,000 after buying an additional 27 shares during the last quarter. Pin Oak Investment Advisors Inc. bought a new position in Intuit during the 3rd quarter worth approximately $33,000. Richardson Financial Services Inc. lifted its holdings in Intuit by 70.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 51 shares of the software maker’s stock worth $35,000 after buying an additional 21 shares during the last quarter. TruNorth Capital Management LLC bought a new position in Intuit during the 3rd quarter worth approximately $36,000. Finally, Barnes Dennig Private Wealth Management LLC raised its holdings in shares of Intuit by 54.3% during the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the software maker’s stock worth $36,000 after purchasing an additional 19 shares during the period. Institutional investors own 83.66% of the company’s stock.

Insider Buying and Selling at Intuit

In related news, Director Richard L. Dalzell sold 333 shares of the stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $440.40, for a total value of $146,653.20. Following the sale, the director owned 13,253 shares of the company’s stock, valued at $5,836,621.20. This trade represents a 2.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.49% of the stock is currently owned by company insiders.

Intuit Stock Down 6.2%

Shares of Intuit stock opened at $383.30 on Friday. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.28. Intuit Inc. has a twelve month low of $342.11 and a twelve month high of $813.70. The business’s 50 day simple moving average is $414.43 and its 200-day simple moving average is $548.37. The stock has a market capitalization of $106.00 billion, a price-to-earnings ratio of 24.83, a PEG ratio of 1.64 and a beta of 1.21.

Intuit (NASDAQ:INTU) last released its quarterly earnings data on Thursday, February 26th. The software maker reported $4.15 earnings per share for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $4.53 billion. During the same quarter last year, the company earned $3.32 EPS. The company’s revenue for the quarter 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. Equities research analysts forecast that Intuit Inc. will post 17.44 earnings per share for the current year.

Intuit Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Thursday, April 9th were issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, April 9th. Intuit’s dividend payout ratio (DPR) is 31.09%.

Analysts Set New Price Targets

A number of analysts have weighed in on INTU shares. Weiss Ratings cut shares of Intuit from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, February 5th. TD Cowen reissued a “buy” rating on shares of Intuit in a report on Monday, March 16th. Citigroup dropped their target price on shares of Intuit from $803.00 to $649.00 and set a “buy” rating on the stock in a report on Friday, February 27th. UBS Group dropped their target price on shares of Intuit from $725.00 to $440.00 and set a “neutral” rating on the stock in a report on Friday, February 27th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Intuit from $850.00 to $600.00 and set a “buy” rating on the stock in a report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $636.10.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Street support remains: multiple recent analyst buy/outperform ratings and a median price target near $600 support medium‑term upside, which can limit deeper selloffs. Intuit shares slide as investors weigh AI-driven disruption risks and tax-season exposure
• Positive Sentiment: AI opportunity narrative: Intuit appears on lists of AI-themed names that could capture outsized long‑term growth, a tailwind if management converts AI into durable revenue/price power. 15 AI Stocks That Could Break the Trillion Dollar Barrier
• Neutral Sentiment: Increased investor attention: screening and search activity around INTU rose, which can amplify intra‑day moves but doesn’t by itself change fundamentals. Intuit Inc. (INTU) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Broader AI/tech coverage & content about trustworthy AI may shape sentiment over time but is not an immediate catalyst. Building AI You Can Trust With Your Money
• Negative Sentiment: Market reports note a sharp intraday drop for INTU, reflecting investor selling and headline‑driven flow. This spillover pressure is being reported across multiple outlets. Intuit (INTU) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: Analysts and traders point to two key risks pressuring sentiment: 1) AI‑driven pricing/competitive risk that could compress traditional software economics, and 2) seasonality from the tax business that creates post‑filing volatility. These narrative risks are cited as main drivers of today’s selloff. Intuit shares slide as investors weigh AI-driven disruption risks and tax-season exposure
• Negative Sentiment: Insider and institutional flows noted in reporting (large institutional reductions and multiple insider sales) increase perceived supply risk and may amplify downward moves. Intuit shares slide as investors weigh AI-driven disruption risks and tax-season exposure

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.