NEW YORK, December 29, 2025, 21:55 ET — Market closed.
- Intuit shares closed down 0.35% at $674.15 on Monday.
- A regulatory filing showed co-founder Scott Cook’s family trust plans to sell about 151,000 shares.
- The move came as U.S. stocks ended lower, led by a pullback in heavyweight technology names.
Intuit Inc. shares slipped on Monday after a regulatory filing showed co-founder and director Scott Cook’s family trust plans to sell a fresh block of stock.
The TurboTax and QuickBooks maker ended down 0.35% at $674.15, tracking a softer tape for large-cap tech into the final week of the year. Finviz
Why it matters now: insider sale notices can weigh on sentiment in thin, holiday-season trading, when modest flows can move prices more than usual. For Intuit, the filing lands as investors position for the peak U.S. tax-filing season, a key demand period for its consumer business.
The notice was filed on Form 144, which is required when affiliates of a company plan to sell shares under SEC Rule 144. The filing also referenced a Rule 10b5-1 plan — a pre-set trading plan that allows insiders to sell stock on a scheduled basis. Intuit Inc.
Cook’s trust disclosed a proposed sale of 151,402 Intuit shares, with an aggregate market value of about $102.4 million, with Morgan Stanley Smith Barney listed as broker, the filing showed. The shares represent roughly 0.05% of Intuit’s shares outstanding, based on figures in the document. Intuit Inc.
The filing said the plan was adopted on Sept. 3, and it also listed several December sales under a 10b5-1 plan during the prior three months. Intuit Inc.
More broadly, Wall Street’s main indexes ended lower on Monday as heavyweight technology stocks retreated from last week’s gains, Reuters reported. The S&P 500 fell 0.35% and the Nasdaq dropped 0.50%. Reuters
“This is (not) the beginning of the end of the tech dominance, it’ll turn out to be a buying opportunity,” Hank Smith, director and head of investment strategy at Haverford Trust, told Reuters. Reuters
Intuit’s shares have been trading below their 52-week high as investors weigh growth durability and valuation across software names, while attention shifts to execution into 2026. On Monday, the stock traded between $670.99 and $678.57, according to Investing.com data. Investing.com
The company last reported results in November and forecast second-quarter revenue growth of about 14% to 15% for the quarter ending Jan. 31, Reuters reported at the time. Reuters
Before the next session, traders will be watching for any follow-on insider filings confirming executed sales, and for whether broader tech weakness extends into the holiday-shortened week. U.S. exchange volume on Monday was 13.08 billion shares, below the 20-day average of 16.2 billion, Reuters said. Reuters
Macro catalysts are also in focus: minutes from the Federal Reserve’s previous meeting and weekly jobless claims are due later this week, Reuters reported. Reuters
On the chart, the prior session’s low near $671 is a near-term level traders often watch for support, with the day’s high around $679 as a nearby reference on the upside. Investing.com
Beyond markets, Intuit’s next listed corporate event is its annual stockholder meeting on Jan. 22, 2026, according to the company’s investor relations calendar. Intuit Inc.
