Microsoft Co. (NASDAQ:MSFT) Shares Bought by Strong Tower Advisory Services

Strong Tower Advisory Services lifted its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 2.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 31,732 shares of the software giant’s stock after purchasing an additional 662 shares during the quarter. Microsoft comprises about 3.5% of Strong Tower Advisory Services’ holdings, making the stock its 7th biggest holding. Strong Tower Advisory Services’ holdings in Microsoft were worth $13,375,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in MSFT. Christopher J. Hasenberg Inc increased its position in shares of Microsoft by 35.7% during the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after acquiring an additional 25 shares during the period. IFS Advisors LLC grew its stake in Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after purchasing an additional 35 shares in the last quarter. Quarry LP purchased a new stake in Microsoft during the 2nd quarter worth about $45,000. Avondale Wealth Management raised its position in Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after purchasing an additional 65 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. acquired a new stake in Microsoft in the 3rd quarter valued at about $62,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

Microsoft stock opened at $401.02 on Thursday. The business has a 50 day simple moving average of $417.97 and a 200-day simple moving average of $422.24. Microsoft Co. has a 12 month low of $381.00 and a 12 month high of $468.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The stock has a market capitalization of $2.98 trillion, a PE ratio of 32.29, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping the consensus estimate of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same period in the previous year, the firm posted $2.93 earnings per share. Equities analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on MSFT shares. Wedbush reissued an “outperform” rating and set a $550.00 price objective on shares of Microsoft in a research report on Tuesday, November 19th. Piper Sandler reissued an “overweight” rating and issued a $520.00 price objective on shares of Microsoft in a research report on Monday, January 27th. Mizuho decreased their price objective on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Morgan Stanley lowered their target price on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $510.96.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of $447.41, for a total value of $1,118,525.00. Following the completion of the transaction, the chief marketing officer now owns 49,352 shares in the company, valued at approximately $22,080,578.32. This represents a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.03% of the stock is owned by corporate insiders.

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.