Microsoft Co. (NASDAQ:MSFT) Shares Sold by 4J Wealth Management LLC

4J Wealth Management LLC decreased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,723 shares of the software giant’s stock after selling 35 shares during the period. Microsoft makes up 1.7% of 4J Wealth Management LLC’s portfolio, making the stock its 14th biggest position. 4J Wealth Management LLC’s holdings in Microsoft were worth $2,111,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Norges Bank purchased a new stake in Microsoft during the fourth quarter valued at about $35,920,047,000. Vanguard Group Inc. raised its holdings in shares of Microsoft by 2.4% during the fourth quarter. Vanguard Group Inc. now owns 664,908,939 shares of the software giant’s stock valued at $250,032,357,000 after acquiring an additional 15,701,937 shares during the period. Swedbank AB purchased a new stake in shares of Microsoft in the 1st quarter valued at approximately $5,587,119,000. TCI Fund Management Ltd. acquired a new position in Microsoft in the 4th quarter worth approximately $4,000,376,000. Finally, Canada Pension Plan Investment Board grew its position in Microsoft by 77.6% during the 1st quarter. Canada Pension Plan Investment Board now owns 6,281,925 shares of the software giant’s stock worth $2,642,931,000 after purchasing an additional 2,744,900 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Microsoft Stock Up 0.8 %

Shares of MSFT opened at $430.59 on Friday. The firm has a market capitalization of $3.20 trillion, a price-to-earnings ratio of 37.28, a PEG ratio of 2.14 and a beta of 0.90. Microsoft Co. has a 52 week low of $309.45 and a 52 week high of $468.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.27 and a current ratio of 1.27. The business’s fifty day moving average price is $423.50 and its two-hundred day moving average price is $423.25.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Tuesday, July 30th. The software giant reported $2.95 EPS 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 firm had revenue of $64.73 billion during the quarter, compared to analyst estimates of $64.38 billion. During the same period last year, the company earned $2.69 earnings per share. The company’s revenue was up 15.2% on a year-over-year basis. On average, analysts predict that Microsoft Co. will post 13.04 earnings per share for the current year.

Insider Buying and Selling

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief marketing officer now directly owns 50,000 shares of the company’s stock, valued at $20,552,000. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction that occurred on 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 sale, the chief marketing officer now owns 50,000 shares of the company’s stock, valued at $20,552,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Satya Nadella sold 78,353 shares of the company’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 completion of the sale, the chief executive officer now owns 864,327 shares of the company’s stock, valued at approximately $353,189,942.01. The disclosure for this sale can be found here. Insiders sold a total of 190,629 shares of company stock valued at $77,916,485 over the last ninety days. Insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

MSFT has been the subject of a number of research analyst reports. Truist Financial restated a “buy” rating and issued a $600.00 target price on shares of Microsoft in a report on Monday, June 17th. Macquarie increased their price objective on Microsoft from $460.00 to $475.00 and gave the stock an “outperform” rating in a research note on Friday, May 17th. Bank of America lifted their target price on Microsoft from $480.00 to $510.00 and gave the company a “buy” rating in a research note on Wednesday, July 17th. BMO Capital Markets increased their price target on shares of Microsoft from $465.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, July 12th. Finally, Oppenheimer raised their price target on shares of Microsoft from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, June 7th. Two analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $494.72.

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.