In a filing, Intuit Inc revealed its EVP and CFO Aujla Sandeep unloaded Company’s shares for reported $2.47 million on Oct 10 ’24. In the deal valued at $617.28 per share,4,000 shares were sold. As a result of this transaction, Aujla Sandeep now holds 452 shares worth roughly $0.28 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Aujla Sandeep bought 4,000 shares, generating $2,479,933 in total proceeds.
Before that, Aujla Sandeep sold 775 shares. Intuit Inc shares valued at $466,015 were divested by the EVP and CFO at a price of $601.31 per share. As a result of the transaction, Aujla Sandeep now holds 4,451 shares, worth roughly $2.76 million.
BMO Capital Markets reiterated its Intuit Inc [INTU] rating to an Outperform in a research note published on August 23, 2024; the price target was $760. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid August from “an Overweight” to “an Equal-weight”. RBC Capital Mkts began covering INTU with “an Outperform” recommendation on July 03, 2024. Jefferies maintained its rating on June 13, 2024. It rated INTU as “a Buy”.
Price Performance Review of INTU
On Monday, Intuit Inc [NASDAQ:INTU] saw its stock fall -0.44% to $619.01. Over the last five days, the stock has gained 1.13%. Intuit Inc shares have fallen nearly -0.96% since the year began. Nevertheless, the stocks have risen 23.72% over the past one year. While a 52-week high of $676.62 was reached on 05/23/24, a 52-week low of $489.55 was recorded on 05/31/24. SMA at 50 days reached $622.69, while 200 days put it at $631.71.
Levels Of Support And Resistance For INTU Stock
The 24-hour chart illustrates a support level at 615.05, which if violated will result in even more drops to 611.10. On the upside, there is a resistance level at 623.74. A further resistance level may holdings at 628.48. The Relative Strength Index (RSI) on the 14-day chart is 51.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.26, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 35.08%. Stochastics %K at 58.24% indicates the stock is a holding.
How much short interest is there in Intuit Inc?
A steep rise in short interest was recorded in Intuit Inc stocks on 2024-10-15, dropping by 20177.0 shares to a total of 3.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 3.45 million shares. There was a decline of -0.59%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 15, 2023 when Susquehanna began covering the stock and recommended ‘”a Positive”‘ rating along with a $700 price target.
