Microsoft Sees Significant Boost from Helium Advisors
Helium Advisors LLC has significantly increased its holdings in Microsoft Corporation (NASDAQ: MSFT) by purchasing an additional 7,062 shares during the first quarter. This represents a 41.4% boost to their overall position in the software giant.
According to the fund's most recent Form 13F filing with the SEC, Helium Advisors LLC now owns 24,137 shares of Microsoft's stock, making it their largest holding, accounting for approximately 8.5% of their portfolio. The value of their Microsoft holdings is estimated at $8,935,000.
Microsoft has experienced a strong quarter, with Azure growth exceeding expectations and annual sales surpassing $100 billion for the first time. The company's earnings beat analyst estimates, reporting quarterly revenue of $90.01 billion and adjusted EPS of $4.74. Net income rose 31%, while revenue increased about 18% year over year.