Rep. Rick W. Allen Sells Off Shares of Intuit Inc. (NASDAQ:INTU)

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Representative Rick W. Allen recently sold between $15,001 and $50,000 worth of Intuit Inc. (NASDAQ:INTU) stock, dated on February 18th and disclosed on March 11th. This transaction took place amid other notable insider activities, including large sales by Intuit directors, and institutional ownership of approximately 83.7% of the stock. Intuit recently exceeded quarterly earnings estimates with $4.15 EPS and $4.65 billion in revenue, though near-term profit guidance tempered investor enthusiasm.

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