Microsoft Co. (NASDAQ:MSFT) Stock Holdings Lifted by Holland Advisory Services Inc.

Holland Advisory Services Inc. lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,607 shares of the software giant’s stock after purchasing an additional 28 shares during the quarter. Microsoft comprises approximately 2.0% of Holland Advisory Services Inc.’s portfolio, making the stock its 9th biggest position. Holland Advisory Services Inc.’s holdings in Microsoft were worth $1,612,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Cedar Point Capital Partners LLC increased its stake in Microsoft by 1.7% in the 2nd quarter. Cedar Point Capital Partners LLC now owns 2,380 shares of the software giant’s stock valued at $1,064,000 after buying an additional 40 shares during the period. Tsfg LLC increased its stake in shares of Microsoft by 1.7% during the second quarter. Tsfg LLC now owns 10,691 shares of the software giant’s stock worth $4,778,000 after acquiring an additional 179 shares during the period. GPS Wealth Strategies Group LLC raised its holdings in Microsoft by 1.7% during the second quarter. GPS Wealth Strategies Group LLC now owns 60,768 shares of the software giant’s stock worth $27,160,000 after purchasing an additional 1,006 shares in the last quarter. Addenda Capital Inc. boosted its holdings in Microsoft by 1.0% in the 2nd quarter. Addenda Capital Inc. now owns 96,422 shares of the software giant’s stock valued at $43,096,000 after purchasing an additional 922 shares in the last quarter. Finally, ORG Partners LLC boosted its holdings in Microsoft by 2,297.6% in the 2nd quarter. ORG Partners LLC now owns 16,783 shares of the software giant’s stock valued at $7,668,000 after purchasing an additional 16,083 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on MSFT shares. Tigress Financial increased their price target on shares of Microsoft from $475.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, June 13th. Wells Fargo & Company raised their price target on Microsoft from $500.00 to $515.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 31st. TD Cowen increased their target price on shares of Microsoft from $470.00 to $495.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. Argus lifted their price target on shares of Microsoft from $475.00 to $526.00 and gave the company a “buy” rating in a research report on Tuesday, July 9th. Finally, Mizuho increased their price objective on shares of Microsoft from $450.00 to $480.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 16th. Two research analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $494.72.

Insider Activity

In other news, CEO Satya Nadella sold 78,353 shares of the business’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $408.63, for a total transaction of $32,017,386.39. Following the transaction, the chief executive officer now directly owns 864,327 shares in the company, valued at approximately $353,189,942.01. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, CEO Satya Nadella sold 78,353 shares of the stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $408.63, for a total transaction of $32,017,386.39. Following the transaction, the chief executive officer now owns 864,327 shares in the company, valued at approximately $353,189,942.01. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Amy Hood sold 38,000 shares of Microsoft stock in a transaction that occurred on 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 in the company, valued at approximately $203,784,292.95. The disclosure for this sale can be found here. Insiders have sold 130,751 shares of company stock worth $53,628,156 over the last 90 days. 0.03% of the stock is owned by company insiders.

Microsoft Trading Up 2.1 %

Shares of MSFT stock opened at $414.20 on Wednesday. Microsoft Co. has a fifty-two week low of $309.45 and a fifty-two week high of $468.35. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $3.08 trillion, a P/E ratio of 35.86, a P/E/G ratio of 2.03 and a beta of 0.90. The stock has a 50-day simple moving average of $425.67 and a 200 day simple moving average of $423.06.

Microsoft (NASDAQ:MSFT) last released its earnings results on Tuesday, July 30th. The software giant reported $2.95 EPS for the quarter, beating the consensus estimate of $2.90 by $0.05. Microsoft had a net margin of 35.96% and a return on equity of 35.95%. The business had revenue of $64.73 billion during the quarter, compared to analyst estimates of $64.38 billion. During the same period in the prior year, the business earned $2.69 earnings per share. The business’s quarterly revenue was up 15.2% on a year-over-year basis. On average, sell-side analysts expect that Microsoft Co. will post 13.04 earnings per share for the current fiscal year.

About Microsoft

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.