ZRC Wealth Management LLC Sells 1,969 Shares of Microsoft Co. (NASDAQ:MSFT)

Category: Finance

ZRC Wealth Management LLC reduced its Microsoft stake by 21.7%, holding 7,122 shares valued at $2,997,000. Other investors also increased their positions in Microsoft, with institutional ownership at 71.13%. Analysts maintain a positive outlook, with a consensus rating of 'Moderate Buy' and a target price of $474.72. Microsoft reported strong quarterly earnings, beating estimates with $2.94 EPS and $61.86 billion in revenue, up 17% year-over-year. A quarterly dividend of $0.75 per share is set for September 12th.

Keywords: Microsoft, investment, stock market

Source: American Banking and Market News

Update At: 7/19/2024

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