Invesco Ltd. Has $2.29 Billion Holdings in Intuit Inc. $INTU

Invesco Ltd. reduced its stake in Intuit Inc. (NASDAQ:INTU) by 8.1% in the fourth quarter, now holding 3.45 million shares valued at $2.29 billion. Other institutional investors also adjusted their positions in Intuit, which reported strong quarterly earnings exceeding estimates but faces negative sentiment due to AI fears and valuation concerns, despite positive contributions from Credit Karma. The article also details recent insider trading activity and analyst rating changes for the software maker.