Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Amplius Wealth Advisors LLC

Amplius Wealth Advisors LLC boosted its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 11,962 shares of the software giant’s stock after buying an additional 107 shares during the quarter. Amplius Wealth Advisors LLC’s holdings in Microsoft were worth $5,042,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MSFT. WFA Asset Management Corp boosted its stake in Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after acquiring an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. boosted its position in shares of Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after purchasing 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 worth $17,856,000 after buying an additional 10,847 shares during the last quarter. Intech Investment Management LLC increased its position in Microsoft by 0.6% during the second quarter. Intech Investment Management LLC now owns 954,638 shares of the software giant’s stock worth $426,675,000 after buying an additional 5,414 shares during the period. Finally, Brighton Jones LLC lifted its stake in 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 buying an additional 31,764 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on MSFT shares. DA Davidson restated a “neutral” rating and set a $425.00 target price on shares of Microsoft in a research report on Thursday, January 30th. UBS Group dropped their price objective on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 target price on shares of Microsoft in a research note on Thursday, January 30th. Mizuho dropped their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Finally, Wedbush reaffirmed an “outperform” rating and set a $550.00 price objective on shares of Microsoft in a research report on Tuesday, November 19th. Four analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. According to MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus price target of $510.96.

Insiders Place Their Bets

In related 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 directly owns 49,352 shares of the company’s stock, valued at approximately $22,080,578.32. This represents a 4.82 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.03% of the stock is currently owned by insiders.

Microsoft Trading Down 1.0 %

Shares of Microsoft stock opened at $396.89 on Friday. 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 business has a 50 day moving average price of $417.14 and a 200 day moving average price of $422.06. The company has a market capitalization of $2.95 trillion, a P/E ratio of 31.96, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 1 year low of $381.00 and a 1 year high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating analysts’ consensus estimates 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 last year, the firm earned $2.93 earnings per share. Sell-side analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal 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.