Jeff Ubben‘s activist funding agency ValueAct Capital has filed a Form four with the SEC relating to its stake in Microsoft (MSFT).
Per the submitting, ValueAct bought 7 million shares in complete throughout August 4th, seventh, and eighth. ValueAct bought at costs of $72.50 and $72.61.
The agency has additionally been selling down other positions in current months as nicely.
Per Google Finance, Microsoft is “develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers. It also designs, manufactures, and sells devices, including personal computers (PCs), tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories, that integrate with its cloud-based offerings. It offers an array of services, including cloud-based solutions that provide customers with software, services, platforms, and content, and it provides solution support and consulting services.”
SOURCE: market folly – Read complete story here.