Rathbones Group PLC Decreases Stock Position in Intuit Inc. $INTU

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Rathbones Group PLC reduced its stake in Intuit Inc. by 9.9% in Q4, selling over 31,000 shares, though it still holds a significant position. This institutional activity comes amidst mixed analyst ratings, with an average “Moderate Buy” consensus and a target price of $638.06, despite some analysts lowering their price objectives. Intuit has recently exceeded quarterly EPS estimates and provided positive multi-quarter guidance, with corporate insiders making significant sales, including CEO Sasan K. Goodarzi.

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