Scott D Cook, an insider at Intuit Inc (INTU), sold 5,766,435 shares of the company's stock on December 28, 2025, at a price of $673.62 per share. This transaction totaled approximately $3.88 billion.
Following this sale, Cook holds the same number of shares in Intuit, which operates in the technology sector and provides business and financial management solutions. The company, headquartered in Mountain View, California, employs around 18,200 people and offers products including TurboTax, QuickBooks, and Credit Karma.
Insider sales can stem from various motivations such as diversification, tax planning, or personal financial needs. While significant selling activity may attract investor attention, it does not inherently signal negative sentiment towards the company.
The move underscores the importance of examining insider transactions within a broader context. Investors should consider patterns of activity across multiple insiders and over time, rather than relying on isolated transactions as a sole indicator.
As of December 30, 2025, Intuit's market capitalization stands at $187.6 billion, with a P/E ratio of 45.56 and an EPS of 14.60. The company is set to report its upcoming earnings on February 23, 2026, with an EPS estimate of $3.75 and revenue expectations of $4.6 billion.
Insider transactions must be reported to the SEC, providing transparency into how executives view their stock, but they should not dictate investment decisions without further context.