Intuit Shares Acquired by Azimuth Capital Investment Management

Institutional investor boosts stake in software maker by 10% in Q3

Mar. 15, 2026 at 8:35am

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Azimuth Capital Investment Management LLC increased its holdings in Intuit Inc. (NASDAQ:INTU) by 10% in the third quarter, according to a recent SEC filing. The investment firm now owns 28,616 shares of the software maker's stock, valued at $19.5 million.

Why it matters

Intuit's financial software products, including QuickBooks, TurboTax, and Mint, have seen strong demand from both individual consumers and small businesses. The increased stake by Azimuth Capital suggests confidence in Intuit's long-term growth prospects.

The details

Azimuth Capital Investment Management added 2,595 shares of Intuit to its portfolio in the third quarter. The firm now holds a total of 28,616 shares, representing a 10% increase from the prior quarter. Intuit's stock has seen volatility in recent months, with shares trading between $349 and $813 over the past 52 weeks.

  • Azimuth Capital Investment Management filed its Q3 2026 13F report with the SEC on March 15, 2026.

The players

Azimuth Capital Investment Management LLC

An investment management firm that focuses on public equities.

Intuit Inc.

A financial software company that develops and sells cloud-based products for individuals, small businesses, and accounting professionals, including QuickBooks, TurboTax, and Mint.

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The takeaway

Intuit's financial software products continue to attract institutional investor interest, as evidenced by Azimuth Capital's increased stake in the company. This suggests confidence in Intuit's ability to maintain its leadership position in the personal finance and small business software markets.