Intuit Inc. $INTU Shares Bought by Vinva Investment Management Ltd

Vinva Investment Management Ltd increased its stake in Intuit Inc. (NASDAQ:INTU) by 22.3% in the third quarter, owning 21,506 shares worth $14.94 million. Institutional ownership of Intuit stands at 83.66%, with other major holders like Vanguard, State Street, and Invesco also increasing their positions. Despite significant insider selling and some price target trims, analysts maintain a “Moderate Buy” rating with an average target of $642.32, driven by strong Q2 earnings and a new AI collaboration with Anthropic.

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