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Crossmark Global Holdings Inc. Increases Intuit Inc. Stake
Investment firm boosts holding in software maker by 15.8% in Q3 2026
Mar. 5, 2026 at 10:52am
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Crossmark Global Holdings Inc. raised its stake in Intuit Inc. (NASDAQ:INTU) by 15.8% in the third quarter of 2026, according to a regulatory filing. The investment firm now owns 47,629 shares of the software maker's stock, valued at $32.5 million at the end of the reporting period.
Why it matters
Intuit is a leading provider of financial software and services, including its flagship products QuickBooks, TurboTax, and Mint. The increase in Crossmark's position suggests the firm sees continued growth potential in Intuit's business, which could signal broader investor confidence in the company's outlook.
The details
Crossmark Global Holdings Inc. purchased an additional 6,503 shares of Intuit during the third quarter, bringing its total position to 47,629 shares. The firm's holdings in Intuit were valued at $32.5 million at the end of the reporting period. Other institutional investors and hedge funds also added to their Intuit positions during the quarter, indicating ongoing demand for the stock.
- Crossmark Global Holdings Inc. increased its Intuit stake in the 3rd quarter of 2026.
The players
Crossmark Global Holdings Inc.
An investment management firm that provides a range of financial products and services.
Intuit Inc.
A financial software company that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals.
The takeaway
Crossmark Global Holdings' increased stake in Intuit suggests continued confidence in the financial software company's growth prospects, as investors seek exposure to leading providers of cloud-based accounting and tax preparation tools.
