Chairman of Exec. Committee of Intuit Inc. (INTU) Scott D Cook sells 200,000 shares of INTU on 08/23/2012 at an average price of $58.19 a share.

Intuit Inc. has a market cap of $17.55 billion; its shares were traded at around $58.43 with a P/E ratio of 23.4 and P/S ratio of 4.6. The dividend yield of Intuit Inc. stocks is 1%. Intuit Inc. had an annual average earning growth of 17.9% over the past 10 years. GuruFocus rated Intuit Inc. the business predictability rank of 4-star.


This is the insider trade history vs. stock price of INTU. For the complete insider trading history of INTU, click here.

Directors and Officers Recent Trades:

• VP, Corporate Controller Jeffrey P Hank sold 10,673 shares of INTU stock on 06/19/2012 at the average price of 58.75. Jeffrey P Hank owns at least 1,817 shares after this. The price of the stock has decreased by 0.54% since.
• SVP, Gen. Counsel & Corp. Sec. Laura A Fennell sold 20,000 shares of INTU stock on 06/14/2012 at the average price of 57.4. The price of the stock has increased by 1.79% since.
• SVP, Gen. Counsel & Corp. Sec. Laura A Fennell sold 15,000 shares of INTU stock on 06/06/2012 at the average price of 57.5. The price of the stock has increased by 1.62% since.
• SVP, Gen Counsel, and Corp Sec Laura A Fennell sold 29,711 shares of INTU stock on 05/21/2012 at the average price of 54.74. The price of the stock has increased by 6.74% since.
• Chairman of Executive Comm. Scott D Cook sold 200,000 shares of INTU stock on 05/21/2012 at the average price of 54.62. Scott D Cook owns at least 14,601,868 shares after this. The price of the stock has increased by 6.98% since.

For the complete insider trading history of INTU, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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