On May 28, 2024, Sandeep Aujla, Executive Vice President and Chief Financial Officer of Intuit Inc (INTU, Financial), sold 1,415 shares of the company. The transaction was reported in a recent SEC Filing. Following this transaction, the insider now owns 2,332.132 shares of Intuit Inc.
Intuit Inc (INTU, Financial) is a leading provider of financial management, tax, and accounting software. The company's popular products include TurboTax, QuickBooks, and Mint, which are designed to empower consumers, self-employed, and small businesses to improve their financial lives.
Over the past year, Sandeep Aujla has sold a total of 15,354 shares of Intuit Inc and has not made any purchases of the stock. This recent sale is part of a broader trend observed over the past year, where there have been 28 insider sells and no insider buys.
Shares of Intuit Inc were trading at $604.58 on the day of the transaction. The company has a market cap of approximately $167.34 billion. Intuit's price-earnings ratio stands at 55.19, which is above both the industry median of 26.98 and the company's historical median.
The stock's valuation according to GF Value is $601.13, leading to a price-to-GF-Value ratio of 1.01, indicating that the stock is Fairly Valued.
The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
The insider transaction trend for Intuit Inc is visualized above, showing a predominance of selling activities over the past year.
The GF Value chart above provides a visual representation of the stock's current valuation relative to its intrinsic value, suggesting that Intuit Inc is fairly priced at the moment.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
