Today, a Director at Intuit (NASDAQ: INTU), Dennis D. Powell, sold shares of INTU for $979.3K.
Following Dennis D. Powell’s last INTU Sell transaction on May 26, 2017, the stock climbed by 79.0%.
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Based on Intuit’s latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $988 million and quarterly net profit of $49 million. In comparison, last year the company earned revenue of $842 million and had a net profit of $24 million. INTU’s market cap is $55.41B and the company has a P/E ratio of 46.84. The Company has a Price to Book ratio of 23.4370.
One of the top 25 analysts, according to TipRanks.com, recently recommended Hold INTU with a $230 price target. Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $222.57, reflecting a 2.1% upside.
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Intuit, Inc. engages in the provision of business and financial management solutions. It operates through the following segments: Small Business, Consumer Tax, and ProConnect. The Small Business segment targets small businesses, self-employed, and accounting professionals. The Consumer Tax segment includes turbo income tax preparation products and services.
