In a filing, Intuit Inc revealed its EVP, Consumer Group Notarainni Mark P. unloaded Company’s shares for reported $2.36 million on Dec 05 ’24. In the deal valued at $646.68 per share,3,649 shares were sold. As a result of this transaction, Notarainni Mark P. now holds 19 shares worth roughly $12285.02.
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, Notarainni Mark P. sold 9,810 shares, generating $6,343,145 in total proceeds. Upon selling the shares at $646.60, the EVP, Consumer Group now owns 3,668 shares.
Before that, KERRY JEAN MCLEAN bought 17,141 shares. Intuit Inc shares valued at $11,155,081 were divested by the Officer at a price of $650.78 per share.
Scotiabank initiated its Intuit Inc [INTU] rating to a Sector perform in a research note published on November 19, 2024; the price target was $700. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in late August has reiterated a ‘”an Outperform”‘ rating for it. Morgan Stanley also remained covering INTU and has decreased its forecast on August 14, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating. RBC Capital Mkts started covering the stock on July 03, 2024. It rated INTU as “an Outperform”.
Price Performance Review of INTU
On Monday, Intuit Inc [NASDAQ:INTU] saw its stock jump 0.02% to $646.58. Over the last five days, the stock has gained 1.97%. Intuit Inc shares have risen nearly 3.45% since the year began. Nevertheless, the stocks have risen 13.14% over the past one year. While a 52-week high of $714.78 was reached on 11/13/24, a 52-week low of $557.29 was recorded on 05/31/24. SMA at 50 days reached $635.27, while 200 days put it at $633.38.
Levels Of Support And Resistance For INTU Stock
The 24-hour chart illustrates a support level at 640.91, which if violated will result in even more drops to 635.23. On the upside, there is a resistance level at 651.52. A further resistance level may holdings at 656.45. The Relative Strength Index (RSI) on the 14-day chart is 49.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.15, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 63.44%. Stochastics %K at 34.21% 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 2024-10-31, growing by 0.85 million shares to a total of 3.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.99 million shares. There was a rise of 22.17%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 13, 2024 when Jefferies resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $770.
