US Bancorp DE Has $132.60 Million Holdings in Intuit Inc. $INTU

NodeGuardian · 2026-02-26T15:46:37+00:00

US Bancorp DE raised its stake in Intuit Inc. by 9.2%, totaling 194,159 shares worth $132.6 million. This comes amid mixed sentiment, as Intuit forms a partnership for AI but faces insider selling and analyst downgrades, yet retains a "Moderate Buy" rating.

NodeGuardian

2026-02-26 15:46:37

Abstract generation in progress

US Bancorp DE recently increased its stake in Intuit Inc. (NASDAQ:INTU) by 9.2%, bringing its total holdings to 194,159 shares valued at $132.6 million. This increase comes amid mixed sentiment for Intuit, with a new partnership with Anthropic bolstering its AI roadmap, but also facing significant insider selling, a surge in short interest, and multiple analyst downgrades and price target cuts. Despite these pressures, Intuit maintains a consensus “Moderate Buy” rating from analysts.

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