Intuit Stock Drops to 97th in Trading Volume Despite Insider Sales

On March 27, 2025, Intuit's trading volume reached $743 million, marking a 29.65% decrease from the previous day. The company's stock price rose by 0.07%, placing it at the 97th position in terms of trading volume for the day.

Intuit Inc. (NASDAQ:INTU) Executive Vice President Marianna Tessel sold 7,385 shares of the company's stock on March 21st. This transaction is part of the ongoing insider trading activities that can influence investor sentiment and stock performance.

Intuit's stock has experienced a slight decline since its last earnings report, which was released about a month ago. Despite this, the company's performance has outperformed the broader market, as indicated by the S&P 500 index.

Laura Fennell, a significant shareholder, recently sold a substantial amount of Intuit shares, totaling $4,999,470. This move by a major investor can sometimes signal a change in market sentiment or strategic shifts within the company.

Institutional investors hold a significant portion of Intuit's stock, owning 83.66% of the company's shares. This high level of institutional ownership can provide stability and confidence in the stock's long-term prospects.