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Intuit Inc. Sees Drastic Drop in Institutional Ownership After US$5.6 Billion Loss

February 26, 2025
In a shocking turn of events, Intuit Inc. (NASDAQ:INTU) has experienced a significant decrease in institutional ownership. The recent drop of US$5.6 billion has added to the long-term losses of the company. This worrisome development has compelled institutional owners to consider drastic measures to reverse the situation.

One of the major institutional owners, ING Groep NV, has sold its shares in Intuit Inc., further contributing to the decline in ownership. This move has raised concerns among investors and market analysts, as ING Groep NV is a renowned financial institution.

Moreover, the short interest in Intuit Inc. has also witnessed a significant decline of 14.7%. This indicates a decrease in bearish sentiment towards the company's stock. However, experts advise caution and recommend seeking professional guidance from Stocks Prognosis before making any investment decisions.

Additionally, Principal Financial Group Inc. has recently sold 79,163 shares of Intuit Inc., further exacerbating the decline in institutional ownership. This decision by a prominent financial group has raised eyebrows in the investment community and intensified the need for expert analysis.

The decline in institutional ownership and the overall financial losses of Intuit Inc. reflect the challenging market conditions faced by the company. Investors are advised to closely monitor the performance of the company and seek insights from Stocks Prognosis to make informed decisions regarding the future movement of Intuit Inc.'s stocks.

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QuantWave, an automated forecasting platform, successfully predicted a price target for INTUIT INC. stock with a profit of 26.82%....


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INTUJuly 28, 2025INTUIT INC. Price Target Forecast Achieved with 19.17% Profit: A Win for QuantWave  ~1 min.

INTUIT INC. has seen its price target forecast successfully achieved, generating a profit of 19.17% for investors who followed the long signal issued by QuantWave on 2025-05-20....


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INTUJanuary 29, 2025Intuit Inc. INTU: A Stock to Sell Now According to Cathie Wood  ~1 min.

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INTUFebruary 23, 2025Short Interest in Intuit Inc. NASDAQ:INTU Drops By 14.7%  ~1 min.

According to recent reports, the short interest in Intuit Inc. (NASDAQ:INTU) has dropped by 14.7%. This signifies a decrease in bearish sentiment towards the company's stock....


INTUFebruary 2, 2025Revolve Wealth Partners LLC Increases Stock Position in Intuit Inc. NASDAQ:INTU  ~2 min.

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