Intuit Inc’s recent filing unveils that its Founder COOK SCOTT D unloaded Company’s shares for reported $5.25 million on Mar 11 ’25. In the deal valued at $585.28 per share,8,963 shares were sold. As a result of this transaction, COOK SCOTT D now holds 6,135,937 shares worth roughly $3.67 billion.
Then, COOK SCOTT D sold 75,000 shares, generating $43,771,543 in total proceeds. Upon selling the shares at $583.62, the Founder now owns 6,144,900 shares.
Before that, SCOTT D. COOK & HELEN SIGNE OS bought 83,963 shares. Intuit Inc shares valued at $51,184,684 were divested by the Director at a price of $609.61 per share.
JP Morgan upgraded its Intuit Inc [INTU] rating to an Overweight from a a Neutral in a research note published on March 05, 2025; the price target was increased to $660 from $640. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in late February from “an Equal-weight” to “an Overweight”. Redburn Atlantic began covering INTU with “Neutral” recommendation on February 19, 2025. Exane BNP Paribas revised its rating on January 15, 2025. It rated INTU as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of INTU
On Friday, Intuit Inc [NASDAQ:INTU] saw its stock jump 3.01% to $598.80. Over the last five days, the stock has lost -1.77%. Intuit Inc shares have fallen nearly -4.73% since the year began. Nevertheless, the stocks have fallen -9.63% 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 $599.50, while 200 days put it at $624.35.
Levels Of Support And Resistance For INTU Stock
The 24-hour chart illustrates a support level at 589.91, which if violated will result in even more drops to 581.01. On the upside, there is a resistance level at 604.62. A further resistance level may holdings at 610.43. The Relative Strength Index (RSI) on the 14-day chart is 51.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.87%. Stochastics %K at 43.36% 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 2025-02-28, growing by 1.56 million shares to a total of 5.03 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.47 million shares. There was a rise of 31.06%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 19, 2024 when Scotiabank began covering the stock and recommended ‘”a Sector perform”‘ rating along with a $700 price target.
