Alta Capital Management Llc/ 13F: Cuts MSFT Stake by $11M

In a filing on October 26, 2026, Alta Capital Management cut its position in Microsoft Corporation (MSFT) by 21,723 shares. This move reduced its total holdings to 174,315 shares, valued at about $89.4 million.

MSFT Microsoft Corporation

$532.60 ▲ +13.33% year to date

1M 3M YTD

Daily close · Oct 26, 2026

What Changed in Alta Capital Management's Microsoft Position

Alta Capital Management reduced its stake in Microsoft by 21,723 shares, marking an 11.1% decrease. The fund's reported value for its Microsoft position is now $89,406,279, down from $100,548,020 prior to the cut. This adjustment reflects a strategic decision within the fund's overall investment approach.

Where Microsoft Fits in Alta Capital Management's Portfolio

Microsoft now represents 8.39% of Alta Capital's total reported portfolio value of approximately $1.07 billion. This position ranks second among the 215 holdings in the fund's portfolio.

Other Institutional Activity in Microsoft

Several other funds also adjusted their Microsoft holdings recently. Ag2R la Mondiale Gestion D'Actifs increased its stake by 6,118 shares, totaling 335,130 shares worth about $171.9 million. Conversely, J. Safra Sarasin Holding reduced its position by 110,744 shares, bringing its total to 677,819 shares valued at approximately $304.6 million. Additionally, Tokio Marine Asset Management added 5,944 shares, raising its total to 387,119 shares valued at around $198.6 million.

Microsoft Corporation Stock Up 1.6%

As of October 27, 2026, Microsoft shares traded around $532.75, which is about equal to the closing price of $532.60 on October 26. The stock is currently above its 50-day moving average by 4.6% and well above its 52-week low of $349.20, but about 3.8% below its 52-week high of $553.72.

Recent Earnings

Microsoft reported trailing twelve-month revenue of approximately $331.8 billion, with a net margin of 40.3% and a return on equity of 34.0%. The next earnings report is scheduled for October 28, 2026.

Dividend

Microsoft pays an annual dividend of $3.92 per share, yielding about 0.74%. The dividend payout ratio stands at 19.8%.

Insider Buying and Selling at Microsoft Corporation

Several insiders sold shares earlier this year. Judson Althoff, an officer, sold 10,000 shares at an average price of $487.89 on August 5, 2026. CEO Satya Nadella sold 86,525 shares on September 1, 2026, while CFO Amy E. Hood sold 41,674 shares on September 14, 2026, and another 7,305 shares on October 13, 2026.

Analysts Set New Price Targets

On October 26, 2026, Oppenheimer maintained an Outperform rating for Microsoft with a price target of $625. Truist Securities also reiterated a Buy rating with a target of $600. The consensus among analysts is a strong buy with a mean price target of $603.43, reflecting positive sentiment towards the stock.

About Microsoft Corporation

Microsoft Corporation is a technology company that develops a wide range of solutions for individuals and businesses around the globe. Its offerings include operating systems, server applications, business solutions, and devices like PCs and gaming consoles. The company's strong market position and diverse product portfolio have made it a leader in the technology sector.

Bottom Line

Investors should keep an eye on Microsoft's upcoming earnings report on October 28, 2026, as well as any further changes in institutional holdings following this filing. Alta Capital's recent reduction in its position highlights ongoing adjustments in the fund's strategy amid the stock's performance.