Institutional Investors Expand Microsoft Stakes as Strong Earnings and Cloud Demand Drive Momentum
Institutional investors are increasing their holdings in Microsoft Corporation amid strong earnings performance and cloud growth. Recent filings show Avidian Wealth Enterprises LLC boosted its position by 3.5% to 74,090 shares worth about $38 million, while Everhart Financial Group Inc. raised its stake by 8.1% to 62,525 shares valued at approximately $32.07 million. Institutional investors now hold 71.13% of the company's shares. This institutional buying follows Microsoft's quarterly revenue of $92.28 billion, up 18.8% year-over-year, and earnings of $4.89 per share, both beating expectations alongside a quarterly dividend increase to $0.98 per share.