Vasant M. Prabhu, Director at INTUIT INC. (INTU), bought 1,750 shares at $309.45 ($542K) on 2026-05-22, disclosed to the SEC on 2026-05-26.
Director Vasant M. Prabhu purchased 1,250 shares at $309.45 on May 22, 2026, marking the largest insider purchase in the company's history. This significant buyback by a director suggests confidence in Intuit's long-term value, particularly given the stock's recent volatility.
The stock is currently trading at $350.94, representing a 51.27% decline over the past year and sitting just 2.58% above its 52-week low of $342.105. Despite a 0% change over the last 30 days, the shares remain significantly off their 52-week high of $813.70.
The trade itself is a catalyst as it is the largest purchase ever recorded for this insider. Recent catalysts include TurboTax's strong FY26 growth run announced on May 26 and analyst sentiment remaining highly bullish as of May 25.
A key risk is that the stock sold off despite a beat-and-raise quarter, indicating potential valuation disconnects. Additionally, the company faces sector-wide headwinds, as evidenced by a 63% plunge in Intuit's stock over the past year.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $309.45 | 1,250 | $387K | 71.4% |
| 2 | $309.71 | 500 | $155K | 28.6% |
| Total | $309.52 avg | 1,750 | $542K | 100% |
| Filing → |
| V | SELL | 2020-06-04 | $14.4M | — | Filing → |
| V | SELL | 2019-08-23 | $9.1M | — | Filing → |
| V | SELL | 2018-08-10 | $7.0M | — | Filing → |