Intuit Inc. $INTU Stock: Park Avenue Securities LLC Trims Stake

Posted by Brian Himes on Oct 31st, 2026

Park Avenue Securities LLC cut its holdings in Intuit Inc. (NASDAQ:INTU – Free Report) by 10.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 12,258 shares of the software maker’s stock after selling 1,490 shares during the period. Park Avenue Securities LLC’s holdings in Intuit were worth $3,380,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Verdence Capital Advisors LLC increased its position in Intuit by 20.8% in the third quarter. Verdence Capital Advisors LLC now owns 1,312 shares of the software maker’s stock worth $362,000 after buying an additional 226 shares during the period. Flagship Harbor Advisors LLC grew its position in shares of Intuit by 8.2% during the third quarter. Flagship Harbor Advisors LLC now owns 4,359 shares of the software maker’s stock worth $1,202,000 after acquiring an additional 332 shares during the last quarter. Apollon Wealth Management LLC increased its holdings in shares of Intuit by 15.6% in the 3rd quarter. Apollon Wealth Management LLC now owns 25,953 shares of the software maker’s stock worth $7,155,000 after acquiring an additional 3,506 shares during the period. Access Investment Management LLC bought a new stake in Intuit in the 3rd quarter valued at about $371,000. Finally, Samalin Investment Counsel LLC lifted its position in Intuit by 171.5% in the 3rd quarter. Samalin Investment Counsel LLC now owns 3,147 shares of the software maker’s stock valued at $868,000 after purchasing an additional 1,988 shares during the last quarter. Institutional investors own 83.66% of the company’s stock.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Investors responded favorably to Intuit’s expanded Intuit Intelligence platform, which adds automation and workflow capabilities across QuickBooks, Intuit Enterprise Suite and Intuit Accountant Suite. The company’s planned acquisition of Sequence would further strengthen quote-to-revenue and billing automation for mid-market customers. Intuit shares climb as investors weigh fresh AI product moves and steady outlook
Positive Sentiment: Management’s previously reaffirmed fiscal 2027 outlook continues to support the bullish case, including expected full-year revenue growth of approximately 9% to 10%. Intuit also launched Credit Karma Tax with free federal filing and faster-refund features ahead of tax season, adding another potential growth catalyst. Intuit shares climb as investors weigh fresh AI product moves and steady outlook
Positive Sentiment: Intuit will report fiscal first-quarter 2027 results after the market closes on November 19. The event gives investors a near-term opportunity to assess demand, AI monetization and whether the company is tracking toward its full-year guidance. Intuit to Announce First-Quarter Fiscal Year 2027 Results on Nov. 19
Neutral Sentiment: Recent institutional activity was mixed: several large investors increased their positions, while others—including Wellington Management and T. Rowe Price—reduced holdings. The conflicting signals suggest continued debate over valuation and Intuit’s AI transition.
Negative Sentiment: Matrix Asset Advisors reportedly exited Intuit amid uncertainty about the company’s AI-driven business model, highlighting concerns about execution, competitive pressure and the timing of returns from new technology investments. Intuit (INTU): Exiting Amid AI-Driven Business Model Uncertainty
Negative Sentiment: Insider trading data showed more sales than purchases during the past six months, a modest cautionary signal, although the transactions do not necessarily indicate a change in management’s operating outlook.

Wall Street Analyst Weigh In

Several research firms have commented on INTU. Evercore restated an “outperform” rating on shares of Intuit in a research report on Friday, September 18th. Deutsche Bank Aktiengesellschaft cut their price target on Intuit from $530.00 to $425.00 and set a “buy” rating on the stock in a report on Wednesday, August 19th. Weiss Ratings upgraded Intuit from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday. Bank of America lowered Intuit from a “buy” rating to a “neutral” rating and set a $360.00 price objective for the company. in a report on Wednesday, August 26th. Finally, Piper Sandler raised their target price on Intuit from $250.00 to $290.00 and gave the company an “underweight” rating in a research report on Wednesday, August 26th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $431.55.

Check Out Our Latest Report on Intuit

Insider Activity at Intuit

In other Intuit news, Director Richard Dalzell sold 285 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $325.36, for a total value of $92,727.60. Following the completion of the sale, the director directly owned 11,531 shares in the company, valued at $3,751,726.16. This represents a 2.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Lauren Hotz sold 907 shares of the stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $346.54, for a total value of $314,311.78. Following the transaction, the chief accounting officer directly owned 1,628 shares of the company’s stock, valued at approximately $564,167.12. The trade was a 35.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.49% of the stock is owned by insiders.

Intuit Stock Performance

Shares of INTU opened at $341.09 on Friday. The firm has a market capitalization of $91.15 billion, a PE ratio of 18.09, a P/E/G ratio of 1.09 and a beta of 1.01. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.34. The firm has a 50-day moving average price of $319.38 and a 200 day moving average price of $362.39. Intuit Inc. has a 52-week low of $252.84 and a 52-week high of $682.27.

Intuit (NASDAQ:INTU – Get Free Report) last released its quarterly earnings results on Tuesday, August 25th. The software maker reported $4.03 EPS for the quarter, topping analysts’ consensus estimates of $3.58 by $0.45. The company had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.27 billion. Intuit had a net margin of 21.29% and a return on equity of 25.97%. Intuit’s revenue was up 13.7% on a year-over-year basis. During the same period in the previous year, the firm earned $2.75 EPS. Intuit has set its Q1 2027 guidance at 2.440-2.480 EPS and its FY 2027 guidance at 22.880-23.120 EPS. On average, sell-side analysts anticipate that Intuit Inc. will post 23.02 earnings per share for the current fiscal year.

Intuit Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Thursday, October 8th were issued a dividend of $1.38 per share. The ex-dividend date of this dividend was Thursday, October 8th. This is a positive change from Intuit’s previous quarterly dividend of $1.20. This represents a $5.52 annualized dividend and a yield of 1.6%. Intuit’s dividend payout ratio is presently 33.45%.

Intuit Company Profile

(Free Report)

Intuit Inc is a global financial technology and business software company that develops products designed to help consumers, small businesses and accounting professionals manage finances, taxes and marketing. Its ecosystem combines financial management, tax preparation, accounting, payments and customer relationship tools.

The company’s principal products include TurboTax for tax preparation, QuickBooks for accounting, invoicing, payroll and payments, Credit Karma for personal financial services, and Mailchimp for marketing automation and customer engagement.