Intuit Inc (NASDAQ: INTU) is 21.72% higher on its value in year-to-date trading and has touched a low of $532.65 and a high of $761.02 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 $753.47 in the last trading session, with the day’s gains setting it 11.52%.
Currently trading at $764.99, the stock is 11.81% and 20.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.87 million and changing 1.53% at the moment leaves the stock 22.02% off its SMA200. INTU registered 27.86% gain for a year compared to 6-month loss of 19.75%. The firm has a 50-day simple moving average (SMA 50) of $630.525 and a 200-day simple moving average (SMA200) of $626.3331.
The stock witnessed a 22.75% gain in the last 1 month and extending the period to 3 months gives it a 27.27%, and is 6.23% 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 0.83% over the week and 2.12% over the month.
Intuit Inc (INTU) has around 18800 employees, a market worth around $213.39B and $18.18B in sales. Current P/E ratio is 62.25 and Fwd P/E is 33.31. Profit margin for the company is 19.07%. Distance from 52-week low is 43.62% and 0.52% from its 52-week high. The company has generated returns on investments over the last 12 months (13.02%).
The EPS is expected to grow by 18.65% this year.
Intuit Inc (INTU) Top Institutional Holders
2751.0 institutions hold shares in Intuit Inc (INTU), with institutional investors hold 90.40% of the company’s shares. The shares outstanding are 279.07M, and float is at 271.67M with Short Float at 1.37%. Institutions hold 88.10% of the Float.
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 25,648 shares of the company’s common stock on May 29 ’25 at a price of $752.25 per share for a total of $19.29 million. Following the sale, the insider now owns 22796.0 shares.
Intuit Inc disclosed in a document filed with the SEC on May 27 ’25 that COOK SCOTT D (Founder) sold a total of 72,442 shares of the company’s common stock. The trade occurred on May 27 ’25 and was made at $741.29 per share for $53.7 million. Following the transaction, the insider now directly holds 6.06 million shares of the INTU stock.
Still, SEC filings show that on May 27 ’25, McLean Kerry J (EVP, Gen. Counsel & Corp. Sec.) disposed off 16,700 shares at an average price of $729.16 for $12.18 million. The insider now directly holds 23,101 shares of Intuit Inc (INTU).
