Microsoft Co. (NASDAQ:MSFT) Shares Sold by KRS Capital Management LLC

KRS Capital Management LLC lowered its position in Microsoft Co. (NASDAQ:MSFT) by 3.2% during the second quarter, according to its most recent filing with the SEC. The firm owned 5,037 shares of the software giant’s stock after selling 166 shares during the period. Microsoft accounts for approximately 1.7% of KRS Capital Management LLC’s portfolio, making the stock its 10th largest position. KRS Capital Management LLC’s holdings in Microsoft were worth $2,251,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of MSFT. Flynn Zito Capital Management LLC lifted its stake in shares of Microsoft by 0.9% in the 4th quarter. Flynn Zito Capital Management LLC now owns 10,066 shares of the software giant’s stock valued at $3,785,000 after purchasing an additional 94 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Microsoft by 1.3% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,797,891 shares of the software giant’s stock valued at $1,428,159,000 after buying an additional 49,526 shares during the period. Mathes Company Inc. boosted its holdings in shares of Microsoft by 0.5% during the 4th quarter. Mathes Company Inc. now owns 18,154 shares of the software giant’s stock worth $6,827,000 after buying an additional 87 shares in the last quarter. Allen Capital Group LLC increased its stake in shares of Microsoft by 5.9% in the 4th quarter. Allen Capital Group LLC now owns 18,669 shares of the software giant’s stock valued at $7,020,000 after acquiring an additional 1,046 shares in the last quarter. Finally, Avior Wealth Management LLC lifted its position in shares of Microsoft by 3.1% during the 4th quarter. Avior Wealth Management LLC now owns 50,337 shares of the software giant’s stock valued at $18,929,000 after acquiring an additional 1,533 shares during the period. 71.13% of the stock is owned by institutional investors.

Analyst Ratings Changes

MSFT has been the subject of several research analyst reports. Mizuho lifted their price target on shares of Microsoft from $450.00 to $480.00 and gave the company an “outperform” rating in a research note on Tuesday, July 16th. Tigress Financial upped their price target on Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a research note on Thursday, June 13th. Wedbush reissued an “outperform” rating and issued a $550.00 price objective on shares of Microsoft in a research note on Wednesday, July 31st. New Street Research began coverage on Microsoft in a research report on Monday, June 10th. They set a “buy” rating and a $570.00 target price on the stock. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research report on Wednesday, July 31st. Two investment analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $494.72.

Insider Activity

In other news, CFO Amy Hood sold 38,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $410.55, for a total value 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 $203,784,292.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CFO Amy Hood sold 38,000 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was 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 $203,784,292.95. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief marketing officer now owns 50,000 shares in the company, valued at $20,552,000. The disclosure for this sale can be found here. Insiders have sold a total of 190,629 shares of company stock worth $77,916,485 over the last ninety days. Company insiders own 0.03% of the company’s stock.

Microsoft Stock Up 0.9 %

MSFT opened at $427.00 on Friday. The company has a 50 day moving average of $424.24 and a 200 day moving average of $423.09. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.16. Microsoft Co. has a 12 month low of $309.45 and a 12 month high of $468.35. The company has a market cap 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 announced its quarterly earnings results on Tuesday, July 30th. The software giant reported $2.95 earnings per share for the quarter, beating the consensus estimate of $2.90 by $0.05. The company had revenue of $64.73 billion during the quarter, compared to analysts’ expectations of $64.38 billion. Microsoft had a return on equity of 35.95% and a net margin of 35.96%. The firm’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.69 earnings per share. On average, sell-side analysts expect that Microsoft Co. will post 13.04 EPS for the current year.

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.