Intuit Trims Holdings in $INTU Stock

Insight Holdings Group LLC reduces stake in software maker Intuit Inc.

Mar. 16, 2026 at 11:39am

Got story updates? Submit your updates here. ›

Insight Holdings Group LLC, an investment firm, has reduced its position in Intuit Inc. (NASDAQ:INTU) by 33.3% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The fund now owns 7,600 shares of the software maker's stock, valued at $5,190,000 at the end of the quarter.

Why it matters

Intuit, the company behind popular financial software like QuickBooks and TurboTax, has seen its stock price fluctuate in recent months. This reduction in holdings by a major investor could signal broader market sentiment around the company's performance and future prospects.

The details

According to the 13F filing, Insight Holdings Group LLC sold 3,800 shares of Intuit stock during the third quarter. The fund now holds a 0.3% stake in the company, making it the 23rd largest position in its portfolio.

  • Insight Holdings Group LLC reduced its Intuit holdings during the third quarter of 2026.

The players

Insight Holdings Group LLC

An investment firm that has reduced its stake in Intuit Inc.

Intuit Inc.

A financial software company that develops and sells cloud-based financial management and compliance products.

Got photos? Submit your photos here. ›

The takeaway

This reduction in holdings by a major investor could signal broader market sentiment around Intuit's performance and future prospects, as the company navigates a shifting financial software landscape.