Fri Sep 20 07:47:04 UTC 2024: ## Microsoft (MSFT) Stock Sees Increased Institutional Interest Amid Insider Sales

**New York, NY** – AAFMAA Wealth Management & Trust LLC has boosted its holdings in Microsoft Corporation (NASDAQ: MSFT) by 14.2% in the second quarter, according to a recent SEC filing. The investment firm now owns 11,044 shares of the software giant, representing approximately 2.4% of their portfolio. This makes Microsoft their 8th largest holding, with a total value of $4,936,000.

Several other institutional investors have also adjusted their positions in Microsoft during recent quarters. Richardson Capital Management LLC significantly increased its stake by 1,290% in the first quarter, while Neo Ivy Capital Management and Bellevue Group AG bought new positions in the fourth and first quarter, respectively. Horizon Financial Services LLC and Cooksen Wealth LLC also acquired new positions in Microsoft during the first and fourth quarters, respectively.

However, this positive sentiment is contrasted by recent insider sales. CEO Satya Nadella sold 14,398 shares on August 23rd, valued at $6,009,869.18, while CFO Amy Hood sold 38,000 shares on September 5th, for a total of $15,600,900.00. In total, insiders have sold 190,629 shares worth $77,916,485 in the last quarter, representing 0.03% of the company’s stock.

Microsoft’s stock opened at $438.69 on Friday. Despite the insider sales, the company continues to see strong institutional interest, with institutional investors owning 71.13% of the company’s stock. Microsoft’s market capitalization currently stands at $3.26 trillion.

The company reported strong second-quarter earnings on July 30th, exceeding analyst expectations on both EPS and revenue. Microsoft’s revenue for the quarter grew by 15.2% year-over-year. The company also recently declared a quarterly dividend of $0.83 per share, representing an increase from its previous dividend.

Despite the recent insider sales, Microsoft remains a popular investment choice for many institutional investors. It remains to be seen whether the company can maintain its strong growth trajectory in the coming quarters.

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