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Princeton Global Asset Management LLC Increases Stock Position in Intuit Inc. $INTU
Princeton Global Asset Management LLC has nearly doubled its stake in Intuit Inc. (NASDAQ:INTU) by increasing its holdings by 95.6% in the fourth quarter, bringing its total to 13,305 shares valued at $8.81 million. This increase makes Intuit the 17th largest holding for the fund, representing about 1.4% of its portfolio. The move follows Intuit’s strong Q4 performance, beating earnings and revenue estimates, and comes amidst significant insider stock sales and a declared quarterly dividend.