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PRIMECAP Management Co Boosts Stake in Microsoft

PRIMECAP Management Co Boosts Stake in Microsoft

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PRIMECAP Management Co, managed by Theofanis Kolokotrones, recently executed a significant transaction involving Microsoft ((MSFT)). The hedge fund increased its position by 28,275 shares.

Spark’s Take on MSFT Stock

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

Microsoft’s stock score is driven by its exceptional financial performance and positive earnings outlook. Despite high valuation concerns and technical overbought conditions, strong growth in cloud and AI sectors provides a compelling long-term investment thesis.

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

More about Microsoft

YTD Price Performance: 24.27%

Average Trading Volume: 19,543,894

Current Market Cap: $3878.4B

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