$2.4M of INTU sold by Kiran Patel on 11/30/2012

Patel Kiran M sold 40,000 shares of Intuit Inc stock, or $2,386,384 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on November 30, 2012.

After the transaction, Patel Kiran M's stake was reported as 42,627 shares of Intuit Inc stock. In addition, Patel Kiran M performed several other transactions, including using transaction codes 'M' (exercise, usually of options).

As noted on December 3, 2012, Patel Kiran M's sale was done directly over 1 transaction on November 30, 2012. The share price for the transaction was $59.66 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Patel Kiran M has sold a total of 40,000 shares of Intuit Inc, proceeds from the sale totaled $2,386,384. Over the same time period, Patel Kiran M has purchased no shares of Intuit Inc stock. Patel Kiran M has also performed other transactions including exercise of options .

Let's take a quick, high-level look at insider trading at Intuit Inc over the past 12 months. A total of 6,044,531 shares of Intuit Inc stock was sold by insiders, totaling $331,341,395. Over the same time 12 month time period, no shares of Intuit Inc were purchased by company insiders.

To view the complete SEC Filing: Intuit Inc Form 4 (Insider Trading) SEC Filing