Microsoft Co. (NASDAQ:MSFT) Holdings Decreased by AlphaMark Advisors LLC

AlphaMark Advisors LLC trimmed its position in Microsoft Co. (NASDAQ:MSFT) by 9.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,178 shares of the software giant’s stock after selling 124 shares during the quarter. AlphaMark Advisors LLC’s holdings in Microsoft were worth $526,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in Microsoft by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 667,987,038 shares of the software giant’s stock worth $281,035,506,000 after buying an additional 3,078,099 shares during the last quarter. Norges Bank bought a new position in Microsoft during the 4th quarter worth $35,920,047,000. Capital International Investors grew its stake in Microsoft by 1.0% during the 1st 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 grew its stake in Microsoft by 1.1% during the 4th 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 grew its stake in Microsoft by 1.6% during the 4th 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 currently owned by institutional investors.

Microsoft Stock Up 0.9 %

MSFT opened at $427.00 on Friday. Microsoft Co. has a fifty-two week low of $309.45 and a fifty-two week high of $468.35. The business has a 50-day moving average of $424.24 and a 200-day moving average of $423.09. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.27 and a quick ratio of 1.27. The company has a market capitalization of $3.17 trillion, a PE ratio of 36.97, a price-to-earnings-growth ratio of 2.03 and a beta of 0.90.

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

Insider Transactions at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction dated 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 sale, the chief marketing officer now directly owns 50,000 shares of the company’s stock, valued at approximately $20,552,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $411.04, for a total value of $1,027,600.00. Following the transaction, the chief marketing officer now directly owns 50,000 shares of the company’s stock, valued at approximately $20,552,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Satya Nadella sold 78,353 shares of the firm’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $408.63, for a total value of $32,017,386.39. Following the completion of the transaction, the chief executive officer now directly owns 864,327 shares in the company, valued at $353,189,942.01. 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 three months. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on MSFT shares. Wells Fargo & Company boosted their price target on Microsoft from $500.00 to $515.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 31st. Truist Financial reiterated a “buy” rating and set a $600.00 price target on shares of Microsoft in a research report on Monday, June 17th. Mizuho boosted their price target on Microsoft from $450.00 to $480.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 16th. Piper Sandler reiterated an “overweight” rating and set a $485.00 price target on shares of Microsoft in a research report on Wednesday, July 31st. Finally, UBS Group reduced their price target on Microsoft from $520.00 to $510.00 and set a “buy” rating for the company in a research report on Wednesday, July 31st. 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, the company has a consensus rating of “Moderate Buy” and an average price target of $494.72.

Microsoft Company 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.