Richard L. Dalzell, a director at Intuit Inc. (), sold common stock totaling $289,447 between June 9 and June 11, 2026. The shares were sold at prices ranging from $279.86 to $297.65.
The transactions involved the direct sale of 1,004 shares of Intuit common stock. These sales were executed pursuant to a Rule 10b5-1 trading plan, which Mr. Dalzell adopted on March 25, 2025. Following these transactions, Mr. Dalzell directly holds 12,326 shares of Intuit common stock.The insider sale comes as Intuit shares trade near their 52-week low of $273.27, down 63.5% over the past year. Despite the stock’s recent struggles, InvestingPro analysis suggests the company remains significantly undervalued, with shares trading at a P/E ratio of 16.9 and a PEG ratio of just 0.5. The company maintains a perfect Piotroski Score of 9, indicating strong financial health.For deeper insights into Intuit’s valuation and access to over 15 additional InvestingPro Tips, investors can explore the comprehensive Pro Research Report available for INTU and 1,400+ other US equities.
In other recent news, Intuit reported third-quarter fiscal 2026 results that surpassed internal forecasts, consensus estimates, and Freedom Broker’s expectations across all key metrics. The company achieved revenues of $8.558 billion, marking a 10.4% increase year-over-year, with an adjusted operating income of $4.68 billion and a 54.7% margin, exceeding consensus expectations. Despite these strong results, several firms adjusted their price targets for Intuit. Mizuho lowered its price target from $600 to $500, citing a shortfall in TurboTax, although TurboTax Live saw a 36% year-over-year growth. Truist Securities also reduced its price target to $410 from $500, while maintaining a Buy rating, pointing to weaker growth in DIY tax filer segments. Freedom Broker downgraded Intuit to Hold from Buy, with a new price target of $430, due to competition from the IRS. KeyBanc adjusted its target to $450 from $520, referencing mixed third-quarter results and transition challenges. Meanwhile, BofA Securities resumed coverage with a Buy rating and set a price target of $400, highlighting long-term potential despite recent stock declines.
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