Lazard Boosts Stake in Microsoft to $1.96 Billion

Lazard Asset Management LLC, a financial institution, has significantly increased its holdings in Microsoft Corporation (NASDAQ:MSFT) during the first quarter. According to a recent filing with the Securities and Exchange Commission (SEC), Lazard boosted its stake by 7.6% to 5,298,695 shares, making it the company's second-largest position.

This substantial investment accounts for approximately 3.2% of Lazard Asset Management LLC's portfolio, valued at a staggering $1.96 billion as of its most recent SEC filing. This indicates Microsoft's continued growth and stability in the market.