Intuit Inc (INTU) Files Form 4 Insider Selling : Henry Tayloe Stansbury Sells 2,787 Shares

Intuit Inc (INTU): Henry Tayloe Stansbury , EVP, Chief Technology Officer of Intuit Inc sold 2,787 shares on Jun 24, 2016. The Insider selling transaction was reported by the company on Jun 27, 2016 to the Securities and Exchange Commission. The shares were sold at $103.86 per share for a total value of $289,457.81 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 21, 2016, Laura A Fennell (EVP, Gen. Counsel & Corp Sec.) sold 10,056 shares at $107.31 per share price.On Jun 20, 2016, Johnson Suzanne M Nora (director) sold 30,000 shares at $105.23 per share price.Also, On Jun 20, 2016, Diane B Greene (director) sold 30,000 shares at $105.00 per share price.On Jun 1, 2016, Mark J Flournoy (VP, Chief Accounting Officer) sold 10,627 shares at $107.28 per share price.

Shares of Intuit (INTU) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -3.62 points or -3.32% at $105.33 with 50,50,305 shares getting traded. Post opening the session at $103.86, the shares hit an intraday low of $103.6 and an intraday high of $106.48 and the price vacillated in this range throughout the day. The company has a market cap of $26,951 M and the number of outstanding shares has been calculated to be 25,58,71,260 shares. The 52-week high of Intuit is $108.95 and the 52-week low is $79.63.

Intuit Money Flow Index Chart

Company has been under the radar of several Street Analysts.Intuit is Reiterated by UBS to Buy and the brokerage firm has raised the Price Target to $ 134 from a previous price target of $125 .The Rating was issued on May 25, 2016.Intuit is Initiated by Goldman to Buy and the brokerage firm has set the Price Target at $117. The Rating was issued on May 23, 2016.Intuit is Initiated by Credit Suisse to Neutral and the brokerage firm has set the Price Target at $100. The Rating was issued on Apr 21, 2016.Intuit is Initiated by Brean Capital to Buy and the brokerage firm has set the Price Target at $125. The Rating was issued on Apr 14, 2016.

Intuit Inc. is a provider of business and financial management solutions for small businesses consumers and accounting professionals. The Company operates through three segments: Small Business Consumer Tax and Professional Tax. The Company operates in the United States Canada India the United Kingdom Singapore and Australia among others. The Company’s Small Business segment solutions include QuickBooks Online Online Payroll solutions Online Payments solutions and Intuit Developer Group. The Company’s Small Business Desktop Ecosystem solutions include QuickBooks Desktop Payroll Solutions Desktop Payments solutions QuickBooks Technical Support and financial supplies. The Consumer Tax segment offers tax return preparation offerings electronic filing and other services and Intuit Tax Freedom Project. The Company’s professional tax offerings include Lacerte and ProSeries.

Leave a Reply

Intuit - Is it time to Sell?

Top Brokerage Firms are advising their investors on Intuit. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.