Gerald Baker Financial Group Invests Heavily in Microsoft Corporation
Gerald Baker Financial Group LLC has invested in Microsoft Corporation (NASDAQ:MSFT) shares, buying 19,032 shares valued at approximately $7,045,000 during the first quarter. This represents about 2.4% of Gerald Baker Financial Group LLC's holdings, making it the group's 13th biggest position.
This investment is not an isolated instance; other large investors have also modified their holdings in Microsoft Corporation. For example, Longfellow Investment Management Co. LLC increased its stake in Microsoft by 51.3% in the second quarter and now owns 59 shares of the company's stock valued at $29,000.
Around 71.13% of Microsoft's stock is currently owned by institutional investors. Analysts have largely reaffirmed their bullish views on the company, with several price-target increases, although estimates remain wide.