Diversify Advisory Services 13F: Cuts INTU Stake by $5.5M
Key Points
- Diversify Advisory Services reduced its Intuit Inc. stake by 65.5%, selling 16,608 shares to finish the period with 8,742 shares worth about $2.9 million.
- Intuit Inc. generates $21.4 billion in trailing revenue with a 21.3% net margin and trades near $335.50 as it prepares to report earnings on November 19, 2026.
- The software maker pays an annual dividend rate of $5.52 per share, offering a 1.64% yield backed by a 29.2% payout ratio.
Since the filing, $INTU is up 0.1% to date (from the $335.29 close on Oct 20, 2026).
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Diversify Advisory Services reduced its holdings in Intuit Inc. INTU by 65.5% during the quarter, according to a Form 13F filed with the SEC on October 20, 2026.
INTU
Intuit Inc.
Diversify Advisory Services vs. the S&P 500
Hypothetical returns from Diversify Advisory Services's disclosed trades, not real profit or advice. How we model this.
What Changed in Diversify Advisory Services's Intuit Position
The fund parted with 16,608 shares of the software maker during the period. That left the firm with 8,742 shares valued at approximately $2,886,274 at the close of the filing.
Other Institutional Activity in Intuit
Other institutional investors adjusted their positions around the same time. Accurate Wealth Management bought 3,967 shares ending with 3,967 shares worth about $1,197,450. Annex Advisory Services picked up 59,519 shares ending with 59,519 shares worth about $16,409,983. Goelzer Investment Management sold out its position by shedding 2,189 shares down to zero. Trinity Street Asset Management also exited its stake by dropping 44,025 shares to zero. Resonant Capital Advisors picked up 7,439 shares ending with 7,439 shares worth about $2,051,007.
Intuit Inc. Stock Up 0.1%
Intuit recently traded around $335.50 as of October 22, 2026, sitting close to its event-day close of $335.29 on October 20, 2026. The stock trades above its 50-day moving average of $321.02 but below its 200-day moving average of $370.75.
Recent Earnings
Intuit posted trailing twelve month revenue of $21,447,994,880 alongside earnings of $16.46 per share. The company recorded a net profit margin of 21.3% and a return on equity of 23.6%, with its next earnings report scheduled for November 19, 2026.
Dividend
Intuit distributes an annual dividend rate of $5.52 per share. That payout translates to a dividend yield of 1.64% based on a dividend payout ratio of 29.2%.
Insider Buying and Selling at Intuit Inc.
Company insiders made several transactions ahead of the filing. Richard Dalzell sold 284 shares on June 16, 2026, at an average price of $282.20 for a total value of $80,144.80 under a planned trading program. Lauren Dale Hotz sold 906 shares on August 27, 2026, valued at $314,288. Richard L Dalzell sold 285 shares on September 8, 2026, at $325.36 per share totaling $92,728.
Analysts Set New Price Targets
Wall Street firms updated their views on the stock ahead of the filing. Evercore ISI Group reiterated an outperform rating with a $400.00 price target on September 18, 2026. Mizuho reiterated an outperform rating with a $430.00 price target on the same day. Stifel reiterated a hold rating with a $300.00 price target on September 18, 2026. Truist Securities reiterated a hold rating with a $300.00 price target on September 18, 2026. RBC Capital reiterated an outperform rating with a $385.00 price target on October 2, 2026. The stock currently holds a consensus buy rating from 31 analysts with a mean price target of $406.92.
About Intuit
Headquartered in Mountain View, California, Intuit builds financial management, tax, and compliance software for consumers and small businesses. Its products include well-known financial tools like TurboTax, QuickBooks, and CreditKarma, serving millions of users globally.
Bottom Line
Investors will look toward Intuit's upcoming earnings release on November 19, 2026, for updates on revenue growth and software segment performance.
Related Filing Alerts
Source: Diversify Advisory Services's 13F filing on $INTU (Oct 20, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts