Priebe Wealth Holdings LLC Raises Holdings in Microsoft Co. (NASDAQ:MSFT)

Priebe Wealth Holdings LLC lifted its holdings in Microsoft Co. (NASDAQ:MSFT) by 15.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,290 shares of the software giant’s stock after buying an additional 311 shares during the quarter. Microsoft accounts for 0.7% of Priebe Wealth Holdings LLC’s portfolio, making the stock its 25th biggest holding. Priebe Wealth Holdings LLC’s holdings in Microsoft were worth $965,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC grew its position in Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after buying an additional 38,422,466 shares during the period. Assenagon Asset Management S.A. boosted its stake in shares of Microsoft by 76.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant’s stock worth $4,439,407,000 after acquiring an additional 4,568,539 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after acquiring an additional 3,264,648 shares during the period. Baillie Gifford & Co. increased its stake in Microsoft by 46.1% in the 3rd quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant’s stock valued at $3,032,859,000 after purchasing an additional 2,222,483 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Microsoft by 4.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock worth $23,490,417,000 after purchasing an additional 2,125,030 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insiders Place Their Bets

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction that occurred 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 transaction, the chief marketing officer now directly owns 49,352 shares of the company’s stock, valued at $22,080,578.32. The trade was a 4.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.03% of the stock is currently owned by insiders.

Microsoft Stock Performance

Shares of MSFT stock opened at $396.89 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The firm has a market capitalization of $2.95 trillion, a price-to-earnings ratio of 31.96, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. Microsoft Co. has a one year low of $381.00 and a one year 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.

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

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Wedbush reissued an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a report on Tuesday, November 19th. Guggenheim reissued a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Morgan Stanley dropped their target price on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a report on Thursday, January 30th. Finally, UBS Group dropped their price objective on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and an average price target of $510.96.

Microsoft Company 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.