Microsoft Co. (NASDAQ:MSFT) is CMH Wealth Management LLC’s Largest Position

CMH Wealth Management LLC increased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 0.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 68,925 shares of the software giant’s stock after purchasing an additional 594 shares during the period. Microsoft comprises 6.7% of CMH Wealth Management LLC’s holdings, making the stock its largest holding. CMH Wealth Management LLC’s holdings in Microsoft were worth $29,052,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. WFA Asset Management Corp grew its holdings in shares of Microsoft by 27.0% during the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after buying an additional 216 shares during the last quarter. Ironwood Wealth Management LLC. lifted its position in Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock worth $5,658,000 after acquiring an additional 38 shares during the period. Beck Bode LLC grew its stake in Microsoft by 37.3% during the 2nd quarter. Beck Bode LLC now owns 39,951 shares of the software giant’s stock valued at $17,856,000 after purchasing an additional 10,847 shares during the last quarter. Intech Investment Management LLC grew its stake in Microsoft by 0.6% during the 2nd quarter. Intech Investment Management LLC now owns 954,638 shares of the software giant’s stock valued at $426,675,000 after purchasing an additional 5,414 shares during the last quarter. Finally, Brighton Jones LLC increased its holdings in shares of Microsoft by 3.6% in the second quarter. Brighton Jones LLC now owns 912,235 shares of the software giant’s stock valued at $407,723,000 after purchasing an additional 31,764 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Morgan Stanley dropped their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Mizuho dropped their price objective on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Loop Capital raised their target price on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th. Finally, StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Four research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. Based on data from MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and an average target price of $510.96.

Insider Activity at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the completion of the sale, the chief marketing officer now owns 49,352 shares of the company’s stock, valued at $22,080,578.32. This represents a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.03% of the stock is owned by corporate insiders.

Microsoft Stock Down 1.0 %

MSFT opened at $396.89 on Friday. The company has a market cap of $2.95 trillion, a PE ratio of 31.96, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. Microsoft Co. has a twelve month low of $381.00 and a twelve month high of $468.35. The company has a 50-day moving average price of $417.14 and a 200 day moving average price of $422.06. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the previous year, the company earned $2.93 earnings per share. Sell-side analysts expect that Microsoft Co. will post 13.08 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.