Trail Ridge Investment Advisors LLC increased its Microsoft holdings by 0.5% in Q3, owning 24,004 shares valued at $10.19 million. Other institutional investors also increased their stakes, leading to 71.13% ownership of Microsoft by such entities. Microsoft’s stock opened at $430.53, with a 52-week range of $366.50 to $468.35. The company reported Q3 earnings of $3.30 per share, exceeding estimates, with revenue of $65.59 billion. Microsoft announced a quarterly dividend of $0.83 per share and initiated a $60 billion stock repurchase plan. Analysts maintain a consensus rating of “Moderate Buy” with a target price of $509.90.