Intuit Inc. (INTU) continues to receive the attention of institutional investors, even as certain entities decrease their stakes. A few such entities include Ninety One UK Ltd, Yousif Capital Management LLC, and Robertson Stephens Wealth Management LLC. However, others have increased their holdings, namely Spire Wealth Management, Trilogy Capital Inc., and Austin Private Wealth LLC. The company has also enhanced its relationship with Amazon and secured a $4.5 billion revolving credit facility. Despite some sell-offs by insiders, analysts largely rate the stock a 'Moderate Buy'. Intuit’s Q2 2025 results are awaited, following its strong performance in previous quarters. In addition, the company continues to innovate with AI education tours for small businesses, and is championing a Done-for-You service utilizing Agentic AI. The Direct File tax filing is still available, dismissing confusion after a comment from Elon Musk. Their TurboTax product also introduces an industry-first guarantee of tax refunds 5 days early.
Intuit INTU News Analytics from Thu, 23 May 2024 07:00:00 GMT to Sat, 08 Feb 2025 12:53:48 GMT -
Rating 7
- Innovation 3
- Information 9
- Rumor 5
