INTU-Intuit Inc. stock has been on an upward trend recently, with a current price of 512.5. The stock has a weekly forecast of +2.8% and a monthly forecast of +6.1%.
🟢 Shares of Intuit Inc. have earned a consensus rating of “Moderate Buy” from analysts covering the firm, which could potentially boost investor confidence in the stock.
🔴 EVP Alex G. Balazs sold 280 shares of Intuit stock, which may lead to some short-term selling pressure on the stock.
🔴 Pacer Advisors Inc. lessened its holdings in Intuit Inc. by 22.0%, which could signal a lack of confidence in the stock’s future performance.
🟢 WASHINGTON TRUST Co grew its position in Intuit Inc. by 14.9%, indicating a positive outlook on the stock.
🔴 Intuit Inc. EVP Kerry J. Mclean sold 3,692 shares of the stock, which may lead to some volatility in the stock price in the short term.
🟢 Security Financial Services INC. bought a new position in Intuit Inc., showing increased interest in the stock.
🔴 ARK Investment Management LLC lowered its stake in Intuit Inc. by 1.5%, which could signal some bearish sentiment towards the stock.
🟢 Raleigh Capital Management Inc. increased its position in Intuit Inc. by 109.8%, indicating bullish sentiment towards the stock.
🔴 Ignite Planners LLC decreased its position in shares of Intuit Inc. by 5.7%, which may lead to some short-term selling pressure on the stock.
The recent news surrounding Intuit Inc. stock has been mixed, with some positive developments such as analyst ratings and increased positions by some investors, and some negative developments such as insider selling and reduced holdings by certain funds. These conflicting factors could lead to volatility in the stock price in the short term. However, the overall trend for Intuit Inc. appears to be positive, with a strong monthly forecast of +6.1%. Investors should closely monitor news and analyst ratings for any potential impact on the stock price.
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