Intuit Executive Sells Small Stake for Three Consecutive Days, Cashing Out Approximately 600 Million Won

Intuit Inc. (NASDAQ: INTU) executive Richard L. Dalzell monetized approximately $431,000 in common stock under a pre-arranged Rule 10b5-1 trading plan by selling 333 shares per day in the open market on March 10, 11 and 12, 2026. He disposed of shares at $474.01, $458.10 and $440.40 per share, respectively, reducing his direct holdings from 14,252 shares to 13,253 shares. Based on the last trade price, he still holds around $5.8 million (roughly ₩8 billion) of Intuit stock, suggesting these were modest, staggered sales rather than a large, one-time divestiture.

In its fiscal 2026 second-quarter results announced on February 26, Intuit reported revenue of about $4.65 billion and GAAP diluted earnings per share of $2.48, marking year-over-year increases of 17% and 49%, respectively. The company reaffirmed its outlook for double-digit revenue growth and expanded margins for the full year. Despite this strong performance, analysts have continued to revise their outlooks—on March 9, Truist lowered its price target on Intuit shares from $739 to $500.

Headquartered in California, Intuit is a global financial-technology company that provides a suite of platforms for individuals and small businesses, including TurboTax for tax preparation, QuickBooks for accounting, Credit Karma for personal credit and financial management services, and Mailchimp for email marketing.