Intuit Inc’s recently made public that its SVP, Chief Accounting Officer Hotz Lauren D unloaded Company’s shares for reported $0.67 million on Jan 10 ’25. In the deal valued at $619.28 per share,1,078 shares were sold. As a result of this transaction, Hotz Lauren D now holds 1,864 shares worth roughly $1.06 million.
Then, Hotz Lauren D bought 1,078 shares, generating $667,586 in total proceeds.
Before that, Aujla Sandeep sold 1,300 shares. Intuit Inc shares valued at $814,350 were divested by the EVP and CFO at a price of $626.42 per share. As a result of the transaction, Aujla Sandeep now holds 644 shares, worth roughly $0.37 million.
Redburn Atlantic initiated its Intuit Inc [INTU] rating to a Neutral in a research note published recently. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who decreased its forecast for the stock in mid January from “a Neutral” to “an Underperform”. Scotiabank began covering INTU with “Sector perform” recommendation on November 19, 2024. BMO Capital Markets maintained its rating on August 23, 2024. It rated INTU as “an Outperform”.
Price Performance Review of INTU
On Friday, Intuit Inc [NASDAQ:INTU] saw its stock jump 0.31% to $567.24. Over the last five days, the stock has lost -3.43%. Intuit Inc shares have fallen nearly -9.75% since the year began. Nevertheless, the stocks have fallen -11.13% over the past one year. While a 52-week high of $714.78 was reached on 01/02/25, a 52-week low of $557.29 was recorded on 02/21/25. SMA at 50 days reached $614.68, while 200 days put it at $627.73.
Levels Of Support And Resistance For INTU Stock
The 24-hour chart illustrates a support level at 562.78, which if violated will result in even more drops to 558.31. On the upside, there is a resistance level at 572.23. A further resistance level may holdings at 577.21. The Relative Strength Index (RSI) on the 14-day chart is 34.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -11.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.32%. Stochastics %K at 15.40% indicates the stock is a buying.
