DoD tests AI models that make it easy to switch from vendors like Palantir
Intuit Inc. (NASDAQ:INTU) SVP, Chief Accounting Officer Lauren D Hotz, sold 1,738.347 shares of common stock on June 27, 2025, for a total of $1.36 million. The sales were executed in multiple trades with prices ranging from $784.0867 to $784.135. The stock, currently trading at $776.57, remains near its 52-week high of $787.22, with InvestingPro analysis indicating overbought conditions.
Following the transaction, Hotz directly owns 454.5452 shares of Intuit. This includes 2.84 shares acquired on June 15, 2025, through the Intuit Inc. Employee Stock Purchase Plan. The $216 billion market cap company maintains strong financial health, earning a "GREAT" rating from InvestingPro, with analysts maintaining a "Strong Buy" consensus. Get detailed insights and 18 additional ProTips with an InvestingPro subscription.
In other recent news, Intuit has been the focus of several analyst reviews and updates. CLSA initiated coverage on Intuit with an outperform rating and a $900 price target, citing the company’s strong position in the U.S. financial ecosystem and its substantial investment in research and development. BMO Capital Markets reiterated its Outperform rating and $820 price target, highlighting significant growth potential in Intuit’s Consumer segment and QuickBooks business. Mizuho (NYSE:MFG) Securities raised its price target for Intuit to $875, emphasizing expected growth in Intuit’s QuickBooks segment and the potential for increased monetization of AI technologies. Stifel analysts maintained their Buy rating with an $850 price target, following Intuit’s recent earnings report and discussions around the company’s pricing strategies and growth drivers. Intuit’s recent announcement of price increases for QuickBooks products was also noted, with expectations that these changes will support revenue growth in fiscal year 2026. Despite challenges faced by MailChimp, analysts expressed confidence in Intuit’s ability to sustain revenue growth through strategic initiatives. These developments reflect a generally positive outlook from analysts regarding Intuit’s future performance and growth prospects.
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