Noked Israel Cuts Stake in Microsoft by 76.8% Amid Q1 Sell-Off

Noked Israel Ltd significantly reduced its stake in Microsoft Corporation during the first quarter of this year. The company's most recent Form 13F filing with the Securities & Exchange Commission reveals that Noked Israel Ltd trimmed its Microsoft holdings by 76.8%.

According to the filing, Noked Israel Ltd sold 149,350 shares of Microsoft stock, leaving it with 45,150 shares at the end of the quarter. This represents a significant decrease in the company's stake in Microsoft, which now makes up only 2.5% of its holdings.

Despite this reduction, Microsoft remains one of Noked Israel Ltd's largest positions, ranking as its seventh biggest holding. The value of the company's Microsoft holdings was approximately $16.7 million at the end of the quarter.