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. 1
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. 2
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. 2
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. 2
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%. 3
“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. 3
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. 4
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. 5
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. 3
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. 3
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. 4
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. 6
