An Intuit Executive Sells Over a Third of Their Direct Holdings Amid a Share Price Decline
This insider disposition represented a substantial 36% of their prior equity stake as Intuit shares trade near 52-week lows following a -48% one-year drop.
Overview
Lauren D. Hotz, Chief Accounting Officer of Intuit Inc. (NASDAQ:INTU), sold 906 shares of common stock on August 27, 2026 as reported in an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($346.54); post-transaction value based on August 27, 2026 market close ($348.00).
Details
Intuit is a leading provider of financial management and compliance software with a market cap of $95.2 billion. The company leverages a diversified platform strategy across multiple customer segments and use cases, generating substantial operating leverage through its subscription-based business model and ecosystem of complementary financial services.
Source
Originally published at www.fool.com.