Waverly Advisors Doubles Down on Microsoft
Waverly Advisors LLC has significantly increased its stake in Microsoft Corporation (NASDAQ:MSFT) by purchasing an additional 85,581 shares during the first quarter. The company now owns approximately 560,491 shares of Microsoft's stock, which represents about 1.5% of Waverly Advisors' total holdings.
The value of Waverly Advisors' Microsoft holdings is around $207.48 million at the end of the most recent quarter. This marks a notable increase in the firm's investment in the software giant, making it the company's sixth-largest holding.
Other institutional investors have also shown interest in Microsoft, with Longfellow Investment Management Co. LLC raising its position in shares by 51.3% during the second quarter and Fairway Wealth LLC boosting its stake by 287.0% in the fourth quarter.