Alamar Capital Invests in Microsoft for Over Half a Million Dollars
Alamar Capital Management LLC has invested $591,000 in Microsoft Corporation (NASDAQ:MSFT) by purchasing 1,596 shares during the first quarter. This is according to the company's most recent 13F filing with the Securities and Exchange Commission.
Institutional investors and hedge funds own a significant portion of the company's stock, with 71.13% of Microsoft's shares held by these entities.
Microsoft has been performing well, exceeding quarterly revenue and EPS expectations in its recent earnings report. The company posted $4.74 EPS for the quarter, beating analysts' consensus estimates of $4.24 by $0.50. Revenue was up 17.7% on a year-over-year basis.