Shares of Intuit (INTU) Sees Large Inflow of Net Money Flow

Intuit (INTU) : Tuesdays money flow indicated an uptick to downtick ratio was at 1.75. The total value of inflow transactions on upticks was $10.99 million, whereas, the total value of outflow trades on downticks was $6.28 million. The total money flow was $4.71 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $4.6 million. The total value of the trades done on upticks was $6.24 million. Downticks saw transactions worth $1.64 million. The total uptick to downtick ratio stood at 3.81, mildly in favor of the bulls. Intuit (INTU) was trading with a -0.06% change over previous days close. It fell $0.07 during the day and reached $115.56. The stock was 0.07% compared to the previous weeks close.


The company Insiders own 5.5% of Intuit shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -88.88% . Institutional Investors own 90.42% of Intuit shares. During last six month period, the net percent change held by insiders has seen a change of -88.88%. In an insider trading activity, The Securities and Exchange Commission has divulged that Stansbury Henry Tayloe, Officer (Evp, Chief Technology Officer) of INTUIT INC, had unloaded 2,787 shares at an average price of $103.86 in a transaction dated on June 24, 2016. The total value of the transaction was worth $289,458.

Shares of Intuit Inc. rose by 3.46% in the last five trading days and 9.59% for the last 4 weeks. Intuit Inc. is up 13.57% in the last 3-month period. Year-to-Date the stock performance stands at 21.6%.

Intuit (NASDAQ:INTU): stock turned positive on Tuesday. Though the stock opened at $116.45, the bulls momentum made the stock top out at $116.72 level for the day. The stock recorded a low of $115.5 and closed the trading day at $116.34, in the green by 0.61%. The total traded volume for the day was 1,200,731. The stock had closed at $115.63 in the previous days trading.

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 Companys Small Business segment solutions include QuickBooks Online, Online Payroll solutions, Online Payments solutions and Intuit Developer Group. The Companys 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 Companys professional tax offerings include Lacerte and ProSeries.

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