Today, the EVP & CTO of Intuit (NASDAQ: INTU), Henry Tayloe Stansbury, sold shares of INTU for $4.16M.
Following Henry Tayloe Stansbury’s last INTU Sell transaction on September 28, 2015, the stock climbed by 136.4%. In addition to Henry Tayloe Stansbury, 2 other INTU executives reported Sell trades in the last month.
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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 $56.86B and the company has a P/E ratio of 47.62. The Company has a Price to Book ratio of 24.1543.
One of the top 25 analysts, according to TipRanks.com, recently recommended Hold INTU with a $240 price target. Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $224.71, reflecting a 2.0% upside.
The insider sentiment on Intuit has been negative according to 58 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Henry Tayloe Stansbury’s trades have generated a -14.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Intuit, Inc. is a financial management and compliance platform company, which engages in the provision of business and financial management solutions. It operates through the following segments: Small Business and Self-Employed; Consumer; and Strategic Partner.
