In a recent filing with the Securities and Exchange Commission (SEC), Montana-based investment management services provider Allied Investment Advisors stated that it increased its stake in Microsoft Corp. (NASDAQ: MSFT) by 2.8% or 1,629 shares in the first quarter of 2022. The company now owns 58,917 shares or 5.9% stake in the software firm. The 5.9% stake in Microsoft was worth almost $18.2 million at the end of the first quarter and captured the second biggest position in Allied Investment’s portfolio. Q4 Expectation The Washington-based tech giant is expected to announce its fiscal fourth-quarter results next month. The Street anticipates earnings to come in at $2.
https://www.tipranks.com/news/microsoft-becomes-allied-investment-advisors-second-biggest-bet?utm_source=advfn.com&utm_medium=referral
Microsoft (NASDAQ:MSFT)
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