Avanza Fonder AB Decreases Stock Holdings in Microsoft Corporation $MSFT

Avanza Fonder AB reduced its stake in Microsoft Corporation by 3.5% in the fourth quarter, selling 19,052 shares, though Microsoft remains its third-largest holding. Insider activity varied, with a director buying shares and an EVP selling, while the company reported strong quarterly earnings but faces significant AI spending. Analysts offer a “Moderate Buy” consensus with a price target of around $589, despite recent price target cuts and concerns about AI narrative and capital expenditure.