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Spence Asset Management cuts Microsoft stake by 1,068 shares

Spence Asset Management cuts Microsoft stake by 1,068 shares

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Spence Asset Management, managed by Eric Walton, recently executed a significant transaction involving Microsoft ((MSFT)). The hedge fund reduced its position by 1,068 shares.

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: -1.14%

Average Trading Volume: 23,135,415

Current Market Cap: $3553.5B

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