Intuit Rises 1.05% Despite 45th Rank in Trading Volume as AI-Driven Growth and Strong Q3 Earnings Attract Institutional Buyers

On August 12, 2025, Intuit (INTU) closed at $749, rising 1.05% amid a 33.61% decline in trading volume to $1.52 billion, ranking 45th in market activity. Analysts highlighted the stock’s recent performance amid broader market volatility.

CFRA analysts cited Intuit’s strong fiscal third-quarter results, including 15% year-over-year revenue growth driven by a 31% increase in its Credit Karma business and 19% growth in its Global Business Solutions Group. The firm’s strategic investments in AI have yielded measurable gains, with analysts projecting 15.1% revenue growth for fiscal 2025 and a “buy” rating with an $823 price target.

Recent analyst activity reinforced bullish sentiment. Bank of America raised its price target to $875 from $730, while Piper Sandler maintained an “overweight” rating with an $825 target. Institutional ownership also saw notable shifts, with Tortoise Investment Management LLC and Westside Investment Management Inc. significantly increasing their stakes in the second quarter.

Despite these positives, insider transactions revealed reduced holdings. Chief Accounting Officer Lauren D. Hotz sold 1,738 shares, reducing her position by 79.25%, while other executives also divested shares. However, institutional investors collectively own 83.66% of the stock, reflecting sustained confidence in the company’s long-term trajectory.

A strategy of buying the top 500 stocks by daily trading volume and holding them for one day generated $2,340 in profit from 2022 to the present. The approach experienced a maximum drawdown of -15.3% on October 27, 2022, underscoring inherent market risks despite overall gains.