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Meeder Asset Management reduced its stake in Intuit by 6.2%, despite the stock's 109.9% surge this quarter.
Meeder Asset Management Inc. reduced its stake in Intuit Inc. by 6.2% in the fourth quarter, selling 203 shares and holding 3,058 shares valued at $1.92 million.
Intuit's stock saw a 109.9% increase during the quarter, trading between $553.24 and $714.78.
Institutional investors own 83.66% of Intuit's shares, and the company's market cap is $167.44 billion.
Notably, insiders have sold significant portions of their holdings recently, and the company has declared a quarterly dividend of $1.04 per share.
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Meeder Asset Management redujo su participación en Intuit en un 6,2%, a pesar del aumento del 109,9% de las acciones en este trimestre.