Intuit Inc. $INTU Stock Sold by Elevated Capital Advisors LLC

Posted by Francis Steltz on Nov 11th, 2026

Elevated Capital Advisors LLC decreased its holdings in Intuit Inc. (NASDAQ:INTU – Free Report) by 65.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,017 shares of the software maker’s stock after selling 1,942 shares during the quarter. Elevated Capital Advisors LLC’s holdings in Intuit were worth $280,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Legacy Wealth Managment LLC ID raised its holdings in shares of Intuit by 10.3% in the first quarter. Legacy Wealth Managment LLC ID now owns 267 shares of the software maker’s stock valued at $115,000 after buying an additional 25 shares during the last quarter. Delta Asset Management LLC TN grew its holdings in shares of Intuit by 13.2% during the second quarter. Delta Asset Management LLC TN now owns 258 shares of the software maker’s stock worth $67,000 after buying an additional 30 shares during the last quarter. Bond & Devick Financial Network Inc. grew its holdings in shares of Intuit by 3.3% during the third quarter. Bond & Devick Financial Network Inc. now owns 934 shares of the software maker’s stock worth $258,000 after buying an additional 30 shares during the last quarter. Glen Eagle Advisors LLC grew its holdings in shares of Intuit by 13.0% during the first quarter. Glen Eagle Advisors LLC now owns 278 shares of the software maker’s stock worth $120,000 after buying an additional 32 shares during the last quarter. Finally, Avalon Trust Co increased its position in Intuit by 18.6% in the 1st quarter. Avalon Trust Co now owns 217 shares of the software maker’s stock valued at $94,000 after acquiring an additional 34 shares during the period. Institutional investors and hedge funds own 83.66% of the company’s stock.

Key Stories Impacting Intuit

Here are the key news stories impacting Intuit this week:

Positive Sentiment: Intuit’s revenue grew about 14%, and the company continues incorporating AI into its tax and accounting products—potentially supporting future growth. It ranked eighth in a roundup of AI-powered financial stocks. Intuit grew revenue 14%, but guidance points lower
Neutral Sentiment: A comparison with Accenture highlights Intuit’s expanding financial-technology ecosystem and AI integration, but does not provide a specific new catalyst for the stock. Accenture vs. Intuit
Negative Sentiment: Coverage says guidance points lower despite revenue growth, while a separate report raises questions about Intuit’s AI push. Investors may be concerned that AI investment has yet to translate into stronger expected growth. Revenue growth and guidance Questions about Intuit’s AI push

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Jefferies Financial Group reduced their price objective on Intuit from $550.00 to $500.00 and set a “buy” rating for the company in a research note on Sunday, August 23rd. Truist Financial reaffirmed a “hold” rating and set a $300.00 price objective on shares of Intuit in a research report on Friday, September 18th. JPMorgan Chase & Co. downgraded Intuit from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $605.00 to $331.00 in a research note on Wednesday, August 26th. Wolfe Research lowered Intuit from an “outperform” rating to a “peer perform” rating in a report on Wednesday, August 26th. Finally, KeyCorp set a $400.00 target price on Intuit in a report on Wednesday, August 26th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $431.68.

Read Our Latest Stock Analysis on INTU

Intuit Stock Up 0.7%

INTU stock opened at $340.44 on Wednesday. The stock has a market capitalization of $90.98 billion, a PE ratio of 18.47, a price-to-earnings-growth ratio of 1.12 and a beta of 0.91. The company has a fifty day moving average of $317.84 and a 200-day moving average of $355.16. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.51 and a current ratio of 1.51. Intuit Inc. has a one year low of $252.84 and a one year high of $682.27.

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

Intuit Increases Dividend

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

Insider Activity at Intuit

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

Intuit Company Profile

(Free Report)

Intuit Inc. develops financial management and business software for consumers, small businesses, and accounting professionals. Its products and services help users manage personal finances, prepare taxes, run businesses, handle payments, and support marketing activities. Its offerings include TurboTax for tax preparation, QuickBooks for accounting and business management, Credit Karma for personal finance, and Mailchimp for email marketing and customer engagement. Intuit serves customers in the United States and other markets around the world.