Microsoft Corporation $MSFT Position Lowered by Congress Asset Management Co.

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Congress Asset Management Co. has trimmed its position in Microsoft (NASDAQ:MSFT) by 2.3% in the fourth quarter, selling 14,993 shares, though the stock remains its 4th-largest holding. Despite the stock trading at a $2.65 trillion market cap and beating recent earnings estimates with EPS of $4.14, sentiment is mixed due to concerns over heavy AI spending and slowing Copilot adoption. Analysts have an average price target of ~$588.97, with a mix of “Strong Buy,” “Buy,” and “Hold” ratings.

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