Microsoft Co. (NASDAQ:MSFT) Shares Bought by E&G Advisors LP

E&G Advisors LP raised its stake in Microsoft Co. (NASDAQ:MSFT) by 2.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,932 shares of the software giant’s stock after acquiring an additional 275 shares during the quarter. Microsoft makes up approximately 1.7% of E&G Advisors LP’s investment portfolio, making the stock its 11th largest position. E&G Advisors LP’s holdings in Microsoft were worth $5,780,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of MSFT. Vanguard Group Inc. increased its position in shares of Microsoft by 0.5% during the first quarter. Vanguard Group Inc. now owns 667,987,038 shares of the software giant’s stock worth $281,035,506,000 after purchasing an additional 3,078,099 shares in the last quarter. Norges Bank acquired a new position in Microsoft during the fourth quarter worth $35,920,047,000. Capital International Investors boosted its stake in Microsoft by 1.0% during the first quarter. Capital International Investors now owns 83,571,070 shares of the software giant’s stock worth $35,160,020,000 after buying an additional 842,884 shares during the last quarter. Jennison Associates LLC boosted its stake in Microsoft by 1.1% during the fourth quarter. Jennison Associates LLC now owns 25,505,600 shares of the software giant’s stock worth $9,591,126,000 after buying an additional 277,881 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its stake in Microsoft by 1.6% during the fourth quarter. Fisher Asset Management LLC now owns 25,381,692 shares of the software giant’s stock worth $9,544,532,000 after buying an additional 403,409 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $431.34 on Tuesday. The firm has a market capitalization of $3.21 trillion, a P/E ratio of 37.35, a PEG ratio of 2.14 and a beta of 0.90. Microsoft Co. has a one year low of $309.45 and a one year high of $468.35. The company’s fifty day moving average is $422.80 and its two-hundred day moving average is $423.60. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.27 and a current ratio of 1.27.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Tuesday, July 30th. The software giant reported $2.95 EPS for the quarter, topping the consensus estimate of $2.90 by $0.05. The company had revenue of $64.73 billion for the quarter, compared to analyst estimates of $64.38 billion. Microsoft had a net margin of 35.96% and a return on equity of 35.95%. The business’s revenue was up 15.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.69 EPS. Analysts forecast that Microsoft Co. will post 13.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Piper Sandler reaffirmed an “overweight” rating and issued a $485.00 price target on shares of Microsoft in a research note on Wednesday, July 31st. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research note on Wednesday, July 31st. Morgan Stanley decreased their price target on Microsoft from $520.00 to $506.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 31st. BMO Capital Markets upped their price target on Microsoft from $465.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, July 12th. Finally, Oppenheimer upped their price target on Microsoft from $450.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, June 7th. Two research analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $494.72.

Insider Transactions at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $411.04, for a total transaction of $1,027,600.00. Following the completion of the transaction, the chief marketing officer now owns 50,000 shares of the company’s stock, valued at approximately $20,552,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $411.04, for a total value of $1,027,600.00. Following the completion of the transaction, the chief marketing officer now owns 50,000 shares of the company’s stock, valued at approximately $20,552,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Amy Hood sold 38,000 shares of the business’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $410.55, for a total transaction of $15,600,900.00. Following the completion of the transaction, the chief financial officer now directly owns 496,369 shares of the company’s stock, valued at approximately $203,784,292.95. The disclosure for this sale can be found here. Insiders sold 190,629 shares of company stock valued at $77,916,485 in the last 90 days. 0.03% of the stock is currently owned by insiders.

Microsoft Profile

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.