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Laird Norton Wetherby Trust Company LLC Invests $7.65 Million in Intuit Inc.
The firm acquired 11,200 shares of the software maker's stock in the third quarter.
Mar. 17, 2026 at 9:53am
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Laird Norton Wetherby Trust Company LLC acquired a new stake in shares of Intuit Inc. (NASDAQ:INTU) in the 3rd quarter, according to the company's recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,200 shares of the software maker's stock, valued at approximately $7,649,000.
Why it matters
Intuit is a major financial software company known for products like QuickBooks, TurboTax, and Mint. This investment by Laird Norton Wetherby Trust Company LLC, a wealth management firm, suggests they see growth potential in Intuit's business and stock.
The details
According to the filing, Intuit accounts for about 1.3% of Laird Norton Wetherby Trust Company LLC's holdings, making the stock its 17th biggest position. The trust company also noted that a number of other hedge funds have modified their Intuit holdings in recent quarters.
- Laird Norton Wetherby Trust Company LLC acquired the new Intuit stake in the 3rd quarter of the year.
The players
Laird Norton Wetherby Trust Company LLC
A wealth management firm that acquired a new $7.65 million stake in Intuit Inc. in the third quarter.
Intuit Inc.
A financial software company known for products like QuickBooks, TurboTax, and Mint.
The takeaway
This investment highlights the continued appeal of Intuit's financial software products and services, even as the company faces some analyst downgrades and stock price volatility. It suggests Laird Norton Wetherby Trust sees long-term growth potential in Intuit's business.
