just saw that Laura Fennell (EVP at Intuit) dumped like $5M in company stock back in late March. sold 8,163 shares at around $618 each. always interesting when execs start taking money off the table, right? not necessarily a red flag though - could be anything from portfolio rebalancing to just cashing out gains.



Intuit's been doing pretty solid on the revenue side, up like 17% recently. the company's got QuickBooks, TurboTax, Mailchimp - basically owns the small business accounting space. but yeah, when you see Laura Fennell and other insiders selling, you kinda wonder if they know something or just need liquidity. the stock was trading around $618 when this happened, down a tiny bit that day.

from a valuation standpoint, Intuit's P/E is sitting at 57.88, which is actually lower than you'd expect for a company this dominant. P/S ratio around 10.22 also suggests it might have some room. but insider sells like this always make you think twice - even if it doesn't mean bearish sentiment, it's definitely something to keep an eye on. you guys tracking Laura Fennell's moves or just watching the overall insider activity?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin