Cypress Funds LLC Cuts Microsoft Stake by 39,596 Shares

Cypress Funds Llc, managed by Steven Baum, recently executed a significant transaction involving Microsoft ((MSFT)). The hedge fund reduced its position by 39,596 shares.

Recent Updates on Microsoft stock

Microsoft shares have pulled back 5–6% over the past month and roughly 1–2% in the last week, even though the stock is still up about 7–8% over the past year, trading around $455–$460. Despite this weakness and a roughly 15% drop since the last quarterly report, Wall Street remains strongly bullish, with a “Strong Buy” consensus and a 12‑month average price target of about $630, implying substantial upside. Analyst Derrick Wood reiterated his Buy rating on January 20, 2026, trimming his target slightly to $625 but maintaining a positive stance based on expectations for roughly 37% constant‑currency Azure growth with potential upside, strong demand for GPU/CPU infrastructure, and survey data showing Microsoft as the top destination for both AI and overall cloud spending. He notes temporary capacity constraints may keep Azure growth and the stock range‑bound near term, but points to heavy data‑center leasing and a major $250 billion OpenAI‑related contract that should boost remaining performance obligations and support a stronger Azure and AI‑driven growth story in the second half of 2026 and beyond.

Spark’s Take on MSFT Stock

According to Spark, TipRanks’ AI Analyst, MSFT is a Outperform.

Microsoft’s strong financial performance and positive earnings call outlook are the most significant factors driving the score. While technical analysis shows mixed signals, the company’s robust growth in cloud and AI segments, along with strategic investments, support a positive long-term outlook. Valuation reflects high growth expectations, balancing the overall score.

To see Spark’s full report on MSFT stock, click here.

More about Microsoft

YTD Price Performance: -6.02%

Average Trading Volume: 24,331,083

Current Market Cap: $3417.9B