Intuit Inc’s recently made public that its Director SCOTT D. COOK & HELEN SIGNE OS acquired Company’s shares for reported $50.95 million on Feb 27 ’25. In the deal valued at $625.51 per share,81,446 shares were bought.
Then, Hotz Lauren D sold 1,078 shares, generating $667,838 in total proceeds. Upon selling the shares at $619.28, the SVP, Chief Accounting Officer now owns 1,864 shares.
Before that, Hotz Lauren D bought 1,078 shares. Intuit Inc shares valued at $667,586 were divested by the Officer at a price of $619.28 per share.
Morgan Stanley upgraded its Intuit Inc [INTU] rating to an Overweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who began to cover the stock in mid February with a ‘”a Neutral”‘ rating. Exane BNP Paribas also remained covering INTU and has decreased its forecast on January 15, 2025 with a “an Underperform” recommendation from previously “Neutral” rating. Scotiabank started covering the stock on November 19, 2024. It rated INTU as “a Sector perform”.
Price Performance Review of INTU
On Friday, Intuit Inc [NASDAQ:INTU] saw its stock jump 2.24% to $613.84. Over the last five days, the stock has gained 8.55%. Intuit Inc shares have fallen nearly -2.33% since the year began. Nevertheless, the stocks have fallen -8.29% over the past one year. While a 52-week high of $714.78 was reached on 02/26/25, a 52-week low of $553.24 was recorded on 02/25/25. SMA at 50 days reached $609.66, while 200 days put it at $627.05.
Levels Of Support And Resistance For INTU Stock
The 24-hour chart illustrates a support level at 603.19, which if violated will result in even more drops to 592.54. On the upside, there is a resistance level at 619.67. A further resistance level may holdings at 625.50. The Relative Strength Index (RSI) on the 14-day chart is 56.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 28.27, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 29.33%. Stochastics %K at 69.99% indicates the stock is a holding.
The most recent change occurred on August 23, 2024 when BMO Capital Markets resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $760.
