Tejara Capital Ltd Acquires New Holdings in Intuit Inc. $INTU

Tejara Capital Ltd purchased a new stake in Intuit Inc. (NASDAQ:INTU – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 9,920 shares of the software maker’s stock, valued at approximately $2,589,000.

Other hedge funds have also recently made changes to their positions in the company. Joseph Group Capital Management acquired a new stake in shares of Intuit in the fourth quarter valued at $25,000. Intesa Sanpaolo Wealth Management purchased a new position in shares of Intuit in the 4th quarter valued at about $25,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of Intuit during the third quarter worth about $33,000. Birchwood Financial Partners Inc. purchased a new stake in shares of Intuit during the 4th quarter worth $33,000. Finally, Sankala Group LLC purchased a new position in Intuit in the fourth quarter valued at $40,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.

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Insider Transactions at Intuit

In other Intuit news, Director Vasant M. Prabhu acquired 500 shares of the stock in a transaction on Tuesday, May 26th. The shares were bought at an average price of $309.71 per share, with a total value of $154,855.00. Following the acquisition, the director owned 1,750 shares of the company’s stock, valued at $541,992.50. This trade represents a 40.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard L. Dalzell sold 284 shares of the company’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $262.32, for a total value of $74,498.88. Following the transaction, the director directly owned 11,758 shares in the company, valued at $3,084,358.56. This represents a 2.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 1,239 shares of company stock valued at $348,354. 2.49% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on INTU shares. Freedom Capital cut shares of Intuit from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. Susquehanna decreased their price objective on shares of Intuit from $550.00 to $427.00 and set a “positive” rating for the company in a research note on Monday, July 20th. The Goldman Sachs Group lowered Intuit from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $519.00 to $276.00 in a report on Tuesday, June 2nd. Wall Street Zen cut Intuit from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, Piper Sandler reissued an “underweight” rating and issued a $250.00 target price on shares of Intuit in a report on Wednesday. Twenty investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Intuit presently has an average rating of “Moderate Buy” and a consensus price target of $451.26.

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Intuit Stock Down 0.2%

INTU opened at $361.87 on Friday. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. The business has a 50 day moving average price of $297.28 and a two-hundred day moving average price of $359.91. Intuit Inc. has a 52 week low of $252.84 and a 52 week high of $705.08. The company has a market cap of $98.99 billion, a PE ratio of 21.92, a P/E/G ratio of 1.15 and a beta of 0.97.

Intuit (NASDAQ:INTU – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 EPS for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. The company 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%. Intuit’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $11.65 EPS. As a group, research analysts anticipate that Intuit Inc. will post 18.18 EPS for the current year.

Key Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Analysts are focused on continued momentum in TurboTax Live, Credit Karma and QuickBooks heading into the July 2026 quarter. Strong customer growth, bookings and revenue trends in these businesses could support an earnings beat. Can Intuit’s Key Growth Engines Power Strong Q4 Results?
• Positive Sentiment: Bank of America maintained a Buy rating and its $400 price target, citing Intuit’s durable growth drivers and attractive valuation. Other previews suggest compressed valuation, previously raised guidance and positive expectations could create room for an upside surprise. Intuit: Resilient Growth Drivers and Attractive Valuation Support Buy Rating
• Neutral Sentiment: Wall Street projections for revenue, earnings and key operating metrics will be important because investors are weighing growth against elevated expectations. The company’s actual results and forward guidance may determine whether the pre-earnings optimism holds. Insights Into Intuit Q4: Wall Street Projections for Key Metrics
• Negative Sentiment: Several law firms publicized a securities class action alleging that Intuit and certain executives misled investors about the sustainability of TurboTax growth and failed to disclose competitive and pricing pressures. The allegations have not been proven, but the repeated announcements increase headline and potential litigation risk; September 8 is cited as the lead-plaintiff deadline. Pomerantz Announces Class Action Against Intuit
• Negative Sentiment: Piper Sandler reaffirmed an Underweight rating and assigned a $250 price target, implying substantial downside from recent trading levels. This contrasts with more optimistic analyst views and underscores uncertainty surrounding Intuit’s tax business and valuation. Piper Sandler Intuit Rating

About Intuit

(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.

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