Richard Dalzell Sells Shares of Intuit Inc. (INTU)
Richard Dalzell sold 284 shares of Intuit Inc. on June 16, 2026, in a planned transaction.
Key Points
- Richard Dalzell sold 284 shares of Intuit Inc. on June 16, 2026, at an average price of $282.20, totaling $80,144.80.
- Intuit Inc. trades on NasdaqGS under the ticker INTU, with a market cap of about $76.86 billion and a P/E ratio of 17.13.
- Analysts have varied opinions on Intuit, with Goldman Sachs downgrading to 'sell' and a target price of $276 on June 2, 2026.
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Richard Dalzell, a prominent figure at Intuit Inc., sold 284 shares of the company on June 16, 2026. This transaction, which was planned, took place at an average price of $282.20 per share, amounting to a total value of $80,144.80.
Insider Buying and Selling at Intuit Inc.
Richard Dalzell has been actively trading Intuit shares in June 2026. He sold 338 shares on June 11 at $279.86, 333 shares on June 10 at $287.50, and another 333 shares on June 9 at $297.65, all under planned sales. Meanwhile, Vasant Prabhu purchased 500 shares at $309.72 on May 26 and 1,250 shares at $309.45 on May 22, not under a planned sale.
Other Institutional Activity in Intuit Inc.
BlackRock, Inc. reduced its holdings in Intuit by 955,251 shares, leaving it with 25,475,596 shares worth about $11.02 billion. Vanguard Capital Management LLC added 18,079,151 shares, bringing its total to 18,079,151 shares valued at approximately $7.82 billion. JPMorgan Chase & Co. increased its position by 1,389,075 shares, now holding 13,098,859 shares valued at $5.62 billion. State Street Corp slightly trimmed its stake by 100,699 shares, maintaining 12,962,149 shares worth about $5.60 billion. Geode Capital Management, LLC added 177,882 shares, totaling 6,792,421 shares worth about $2.93 billion.
Intuit Inc. Stock Down 23.9%
Shares of NasdaqGS:INTU traded near $272.54. Intuit Inc. has a market cap of approximately $76.86 billion, with a P/E ratio of 17.13 and a forward P/E of 10.28. The stock's 52-week range is between $268.01 and $813.70. The 50-day moving average is $359.33, and the 200-day moving average is $527.29. The company has a current ratio of 1.45 and a quick ratio of 0.62, with a debt-to-equity ratio of 33.45.
$INTU stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Intuit Inc. reported revenue of $20.92 billion, reflecting a growth of 10.4%. The company achieved a net margin of 21.9% and a return on equity of 22.5%. The next earnings report is expected on August 20, 2026.
Dividend
Intuit Inc. offers an annual dividend rate of $4.80, yielding 1.71%. The dividend payout ratio stands at 28.31%.
Analysts Set New Price Targets
On June 2, 2026, Goldman Sachs downgraded Intuit to a 'sell' rating with a target price of $276. Mizuho maintained a 'buy' rating with a target of $500 on May 26. Freedom Broker downgraded to 'hold' with a $430 target on May 21, while UBS maintained a 'hold' rating with a $360 target on the same day. The consensus rating is 'buy', with a mean target price of $491.30 from 32 analysts.
About Intuit Inc.
Intuit Inc., headquartered in Mountain View, California, provides financial management and compliance products and services. It operates through segments like Global Business Solutions, Consumer, Credit Karma, and ProTax. Known for products like QuickBooks and TurboTax, Intuit serves individuals and businesses with various financial solutions. Led by CEO Sasan K. Goodarzi, the company employs around 18,200 people.
Bottom Line
Richard Dalzell's planned sale of Intuit shares is part of his ongoing transactions this month. Intuit remains a significant player in the technology sector, with a broad range of financial products and services. Investors keep a close eye on such insider activities and institutional movements, though it's important to remember that 13F filings and insider reports are backward-looking and may not reflect current positions.
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