Insider Selling: Intuit (NASDAQ:INTU) Director Sells 284 Shares of Stock

Posted by Geri Gentry on Jun 17th, 2026

Intuit Inc. (NASDAQ:INTU – Get Free Report) Director Richard Dalzell sold 284 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $282.20, for a total transaction of $80,144.80. Following the sale, the director owned 12,042 shares of the company’s stock, valued at $3,398,252.40. This represents a 2.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Intuit Trading Down 4.2%

Shares of NASDAQ INTU traded down $11.91 during midday trading on Wednesday, reaching $269.08. 4,689,469 shares of the stock were exchanged, compared to its average volume of 7,340,387. The company has a 50 day simple moving average of $354.99 and a 200 day simple moving average of $465.17. The stock has a market capitalization of $73.60 billion, a P/E ratio of 16.30, a PEG ratio of 1.03 and a beta of 0.98. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.45 and a current ratio of 1.45. Intuit Inc. has a twelve month low of $268.01 and a twelve month high of $813.70.

Intuit (NASDAQ:INTU – Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. The business had revenue of $8.56 billion during the quarter, compared to the consensus estimate of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The business’s revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the firm earned $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. As a group, equities analysts expect that Intuit Inc. will post 18.18 earnings per share for the current year.

Intuit Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 9th will be issued a dividend of $1.20 per share. The ex-dividend date is Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.8%. Intuit’s dividend payout ratio (DPR) is currently 29.07%.

Intuit News Roundup

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Intuit selected Mother New York as its creative-strategic agency partner, aiming to sharpen its positioning as a growth-oriented business solution. Intuit Selects Mother New York As Creative-Strategic Agency Partner
Positive Sentiment: Intuit named company veteran Tyler Cozzens as its new general counsel, a move that may reassure investors on continuity in legal and governance leadership. Intuit Names Company Veteran Tyler Cozzens as New General Counsel, Succeeding Kerry McLean
Neutral Sentiment: QuickBooks Premier is being promoted on sale, which is standard product marketing and not a major stock-moving catalyst on its own. Inventory, invoices, reports, and cash flow — QuickBooks Premier is on sale for $399.99
Negative Sentiment: Goldman Sachs downgraded Intuit to Sell, warning that AI could erode TurboTax revenue over time and raising concerns about the company’s long-term growth outlook. Goldman Sachs Downgrades Intuit (INTU) to Sell and Says AI Could Gut TurboTax Revenue by 2030
Negative Sentiment: Intuit is also facing investor lawsuits and fraud-related investigations tied to pricing issues, adding legal overhang and sentiment pressure on the stock. $INTU Fraud Notice: BFA Law is Investigating Intuit for Securities Fraud over its Pricing Issues – Investors with Losses Notified to Contact the Firm

Hedge Funds Weigh In On Intuit

Several hedge funds and other institutional investors have recently added to or reduced their stakes in INTU. Joseph Group Capital Management purchased a new position in Intuit in the 4th quarter valued at approximately $25,000. Intesa Sanpaolo Wealth Management purchased a new position in Intuit in the 4th quarter valued at approximately $25,000. HHM Wealth Advisors LLC boosted its position in Intuit by 75.0% in the 1st quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock valued at $30,000 after buying an additional 30 shares during the period. Whipplewood Advisors LLC purchased a new position in Intuit in the 1st quarter valued at approximately $30,000. Finally, CrossGen Wealth LLC purchased a new position in Intuit in the 1st quarter valued at approximately $32,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on INTU shares. TD Cowen cut their price target on shares of Intuit from $576.00 to $504.00 and set a “buy” rating for the company in a report on Thursday, May 21st. BNP Paribas Exane dropped their target price on shares of Intuit from $463.00 to $315.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Weiss Ratings downgraded shares of Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, June 11th. Stifel Nicolaus set a $275.00 target price on shares of Intuit in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Intuit from $600.00 to $530.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Twenty-four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Intuit presently has an average rating of “Moderate Buy” and an average price target of $511.35.

Read Our Latest Stock Report on Intuit

Intuit Company Profile

(Get Free Report)

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.