Microsoft Soars as Institutional Investors Flock to the Tech Giant
Talon Private Wealth LLC made its first investment in Microsoft Corporation (NASDAQ:MSFT) in the 1st quarter, buying 7,171 shares valued at approximately $2,655,000. This purchase is part of a larger trend where institutional investors have been increasing their stakes in MSFT.
Norges Bank acquired a new position in shares of Microsoft in the 4th quarter valued at $50,664,631,000, while Auto Owners Insurance Co grew its stake in shares of Microsoft by 56,160.8% in the same period.
The company's market capitalization is $3.69 trillion, with a price-to-earnings ratio of 27.67 and a PEG ratio of 1.59. Microsoft Corporation has a 1-year low of $349.20 and a 1-year high of $553.72.