Intuit Inc. (INTU) Is At $164.40 Formed Wedge; Mark Asset Management Has Increased Apple Computer (AAPL) Position By $18.77 Million

Intuit Inc. (INTU) formed wedge up with $170.98 target or 4.00% above today’s $164.40 share price. Intuit Inc. (INTU) has $42.03B valuation. The stock increased 0.07% or $0.11 during the last trading session, reaching $164.4. About 980,771 shares traded. Intuit Inc. (NASDAQ:INTU) has risen 23.62% since January 19, 2017 and is uptrending. It has outperformed by 6.92% the S&P500.

Mark Asset Management Corp increased Apple Computer Inc (AAPL) stake by 1161% reported in 2017Q3 SEC filing. Mark Asset Management Corp acquired 121,905 shares as Apple Computer Inc (AAPL)’s stock rose 12.78%. The Mark Asset Management Corp holds 132,405 shares with $20.41 million value, up from 10,500 last quarter. Apple Computer Inc now has $911.91 billion valuation. The stock increased 0.09% or $0.16 during the last trading session, reaching $179.26. About 31.19M shares traded or 13.24% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 19, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Among 23 analysts covering Intuit (NASDAQ:INTU), 9 have Buy rating, 2 Sell and 12 Hold. Therefore 39% are positive. Intuit had 79 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was initiated by Credit Suisse on Thursday, April 21 with “Neutral”. The firm earned “Outperform” rating on Tuesday, August 11 by RBC Capital Markets. Barclays Capital upgraded Intuit Inc. (NASDAQ:INTU) rating on Thursday, September 10. Barclays Capital has “Overweight” rating and $105 target. The firm has “Buy” rating given on Saturday, August 22 by TheStreet. RBC Capital Markets maintained it with “Hold” rating and $141.0 target in Tuesday, August 22 report. The stock of Intuit Inc. (NASDAQ:INTU) has “Hold” rating given on Tuesday, August 25 by Zacks. The rating was maintained by UBS on Wednesday, September 9 with “Buy”. The rating was maintained by Jefferies on Tuesday, October 31 with “Buy”. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, August 24. Deutsche Bank upgraded the stock to “Buy” rating in Wednesday, August 19 report.

Analysts await Intuit Inc. (NASDAQ:INTU) to report earnings on February, 22. They expect $0.09 EPS, up 28.57% or $0.02 from last year’s $0.07 per share. INTU’s profit will be $23.01M for 456.67 P/E if the $0.09 EPS becomes a reality. After $-0.14 actual EPS reported by Intuit Inc. for the previous quarter, Wall Street now forecasts -164.29% EPS growth.

Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.04, from 0.96 in 2017Q2. It dropped, as 33 investors sold Intuit Inc. shares while 249 reduced holdings. 66 funds opened positions while 193 raised stakes. 215.12 million shares or 0.10% less from 215.33 million shares in 2017Q2 were reported. Osborne Ptnrs Capital has 15,100 shares. Federated Pa reported 0.01% stake. Raymond James Tru Na reported 0.15% in Intuit Inc. (NASDAQ:INTU). Ibm Retirement Fund accumulated 0.18% or 6,099 shares. Ing Groep Nv reported 42,767 shares or 0.12% of all its holdings. Moreover, Veritable Ltd Partnership has 0.04% invested in Intuit Inc. (NASDAQ:INTU). Troy Asset Mngmt Limited accumulated 65,000 shares. Virginia Retirement Et Al holds 119,000 shares or 0.21% of its portfolio. Jensen Mngmt reported 1.52% of its portfolio in Intuit Inc. (NASDAQ:INTU). Amf Pensionsforsakring holds 0.32% or 203,529 shares. Moreover, Balyasny Asset Lc has 0.02% invested in Intuit Inc. (NASDAQ:INTU). Landscape Cap Management Limited Liability accumulated 6,368 shares. Moreover, Ellington Mngmt Gp Ltd Llc has 0.07% invested in Intuit Inc. (NASDAQ:INTU). Virtu Fincl Lc accumulated 15,363 shares. Sg Americas Securities Limited Liability Co stated it has 0.04% of its portfolio in Intuit Inc. (NASDAQ:INTU).

Since August 24, 2017, it had 0 insider buys, and 15 selling transactions for $155.18 million activity. 15,415 shares were sold by STANSBURY HENRY TAYLOE, worth $2.18M. 15,415 Intuit Inc. (NASDAQ:INTU) shares with value of $2.18M were sold by Wernikoff Daniel A. $13.37M worth of Intuit Inc. (NASDAQ:INTU) was sold by Goodarzi Sasan K. Another trade for 183,333 shares valued at $26.62 million was made by COOK SCOTT D on Tuesday, September 19. The insider FLOURNOY MARK J sold 1,868 shares worth $265,839. Williams R Neil sold $26.05M worth of stock or 184,585 shares.

Among 52 analysts covering Apple Inc. (NASDAQ:AAPL), 39 have Buy rating, 1 Sell and 12 Hold. Therefore 75% are positive. Apple Inc. had 350 analyst reports since July 21, 2015 according to SRatingsIntel. Mizuho maintained Apple Inc. (NASDAQ:AAPL) rating on Wednesday, February 1. Mizuho has “Buy” rating and $135 target. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Goldman Sachs on Wednesday, October 12. The firm earned “Strong Buy” rating on Wednesday, April 6 by Needham. CLSA maintained the shares of AAPL in report on Friday, September 16 with “Buy” rating. As per Monday, August 24, the company rating was maintained by FBR Capital. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Friday, January 12 by Piper Jaffray. Drexel Hamilton initiated the stock with “Buy” rating in Thursday, October 1 report. RBC Capital Markets maintained it with “Buy” rating and $190.0 target in Friday, November 3 report. The stock of Apple Inc. (NASDAQ:AAPL) has “Outperform” rating given on Friday, October 21 by Cowen & Co. Credit Suisse maintained the shares of AAPL in report on Monday, August 21 with “Hold” rating.

Since August 7, 2017, it had 0 insider purchases, and 12 selling transactions for $93.68 million activity. Shares for $948,612 were sold by Srouji Johny. $43.15 million worth of Apple Inc. (NASDAQ:AAPL) shares were sold by COOK TIMOTHY D. The insider Riccio Daniel J. sold $2.42 million. SEWELL D BRUCE had sold 31,625 shares worth $5.00 million. 56,808 shares valued at $8.79 million were sold by SCHILLER PHILIP W on Tuesday, October 3. 63,388 Apple Inc. (NASDAQ:AAPL) shares with value of $9.78 million were sold by AHRENDTS ANGELA J. 35,000 shares were sold by LEVINSON ARTHUR D, worth $5.52M.

Investors sentiment increased to 0.7 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. It improved, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. Clark Estates Incorporated Ny stated it has 1.64% of its portfolio in Apple Inc. (NASDAQ:AAPL). 1,082 were accumulated by Sageworth Trust. Boothbay Fund Ltd Liability Com reported 0.42% stake. 24,593 were reported by Sterling Inv. Beck Mack Oliver Ltd accumulated 68,339 shares or 0.35% of the stock. Burt Wealth Advsrs holds 0.75% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 7,449 shares. Pitcairn Com owns 48,918 shares for 0.85% of their portfolio. Vista Cap Prtnrs invested 0.12% in Apple Inc. (NASDAQ:AAPL). Americafirst Mgmt Ltd Liability reported 2,032 shares. Torch Wealth Mgmt Limited Liability Co holds 4.74% or 46,891 shares. Stralem & Com reported 6,400 shares. Bollard Gp Ltd Com owns 26,400 shares for 0.21% of their portfolio. Earnest Llc reported 2,461 shares. Strategic Wealth Advsr Group Inc Ltd Liability Co has 1.48% invested in Apple Inc. (NASDAQ:AAPL) for 58,904 shares. Amer Invest Advsrs Ltd Llc stated it has 42,333 shares.