Scott D Cook, an insider at Intuit Inc (INTU), executed a significant sale of 5,888,418 shares at a price of $651.91 each on December 8, 2025. The total transaction value amounted to approximately $3.84 billion. Following this sale, Cook retains 5,888,418 shares in the company.
Intuit, headquartered in Mountain View, California, specializes in business and financial management solutions. Its offerings include well-known products such as TurboTax, QuickBooks, and Credit Karma. The company serves a diverse clientele, including small and mid-market businesses, accounting professionals, and individual consumers.
As of December 9, 2025, Intuit boasts a market capitalization of $182.6 billion, with a price-to-earnings ratio of 44.35 and earnings per share of 14.60. The company’s upcoming earnings report is anticipated on May 20, 2026, with estimates of $13.21 per share on revenue of $8.7 billion.
Insider transactions like Cook’s are reported to the SEC and can offer transparency regarding executive sentiment towards company stock. However, such sales can occur for various reasons, including personal financial planning and do not inherently indicate negative outlooks on the company. Investors should consider broader patterns of insider activity and other fundamental factors when assessing these transactions.
This update provides insight into the ongoing dynamics within Intuit as it continues to navigate the technology landscape, employing 18,200 full-time individuals and offering specialized tax products to professionals across the United States and Canada.