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Intuit Inc (INTU) Is Now En Route to Higher Prices

Intuit Inc (NASDAQ: INTU) is 4.04% higher on its value in year-to-date trading and has touched a low of $532.65 and a high of $714.78 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The INTU stock was last observed hovering at around $656.08 in the last trading session, with the day’s loss setting it -2.2%.

Currently trading at $653.88, the stock is 6.59% and 8.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing -0.34% at the moment leaves the stock 5.19% off its SMA200. INTU registered 1.99% gain for a year compared to 6-month loss of 5.66%.

The stock witnessed a 9.62% gain in the last 1 month and extending the period to 3 months gives it a 12.96%, and is 3.51% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.15% over the week and 2.47% over the month.

Intuit Inc (INTU) has around 18800 employees, a market worth around $182.80B and $17.17B in sales. Current P/E ratio is 61.10 and Fwd P/E is 29.50. Profit margin for the company is 17.69%. Distance from 52-week low is 22.76% and -8.52% from its 52-week high. The company has generated returns on investments over the last 12 months (12.51%).

The EPS is expected to grow by 14.34% this year.

Intuit Inc (INTU) Top Institutional Holders

The shares outstanding are 279.74M, and float is at 272.85M with Short Float at 1.39%.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 26.49 million shares valued at $17.41 billion. The investor’s holdings represent 9.4591% of the INTU Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 24.39 million shares valued at $16.03 billion to account for 8.7103 of the shares outstanding. The other top investors are STATE STREET CORP which holds 12.1 million shares representing 4.3197% and valued at over $7.95 billion, while JPMORGAN CHASE & CO holds 3.5493 of the shares totaling 9.94 million with a market value of $6.53 billion.

Intuit Inc (INTU) Insider Activity

The most recent transaction is an insider sale by FENNELL LAURA A, the company’s EVP, People and Places. SEC filings show that FENNELL LAURA A sold 8,163 shares of the company’s common stock on Mar 24 ’25 at a price of $612.46 per share for a total of $5.0 million. Following the sale, the insider now owns 21882.0 shares.

Intuit Inc disclosed in a document filed with the SEC on Mar 21 ’25 that Tessel Marianna (EVP, GBSG) sold a total of 7,385 shares of the company’s common stock. The trade occurred on Mar 21 ’25 and was made at $600.13 per share for $4.43 million. Following the transaction, the insider now directly holds 40190.0 shares of the INTU stock.

Still, SEC filings show that on Mar 24 ’25, FENNELL LAURA A (Officer) Proposed Sale 8,163 shares at an average price of $612.46 for $5.0 million. The insider now directly holds shares of Intuit Inc (INTU).

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