AHL Investment Management Inc. Sells 291 Shares of Microsoft Co. (NASDAQ:MSFT)

AHL Investment Management Inc. trimmed its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 1.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,979 shares of the software giant’s stock after selling 291 shares during the period. Microsoft comprises 5.3% of AHL Investment Management Inc.’s investment portfolio, making the stock its 3rd largest position. AHL Investment Management Inc.’s holdings in Microsoft were worth $7,578,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC raised its stake in shares of Microsoft by 2.0% during the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after purchasing an additional 3,264,648 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of 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 valued at $23,490,417,000 after purchasing an additional 2,125,030 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Microsoft by 1.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant’s stock valued at $20,322,513,000 after purchasing an additional 652,493 shares during the period. International Assets Investment Management LLC increased its stake in shares of Microsoft by 48,526.1% in 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 last quarter. Finally, Franklin Resources Inc. increased its stake in shares of Microsoft by 1.1% in the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock worth $16,104,959,000 after buying an additional 406,940 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction dated 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 transaction, the chief marketing officer now owns 49,352 shares in the company, valued at approximately $22,080,578.32. This trade represents a 4.82 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.03% of the stock is currently owned by insiders.

Microsoft Stock Performance

Shares of MSFT opened at $401.02 on Thursday. The firm has a 50-day moving average price of $417.97 and a 200 day moving average price of $422.24. The firm has a market capitalization of $2.98 trillion, a PE ratio of 32.29, a P/E/G ratio of 2.21 and a beta of 0.92. 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 Co. has a 52-week low of $381.00 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) 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 posted $2.93 earnings per share. On average, sell-side analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Analyst Ratings Changes

MSFT has been the subject of a number of research analyst reports. Cantor Fitzgerald restated an “overweight” rating and issued a $509.00 price target on shares of Microsoft in a research note on Wednesday, January 29th. Stifel Nicolaus lifted their price target on shares of Microsoft from $475.00 to $515.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Royal Bank of Canada restated an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research note on Thursday, January 30th. DA Davidson restated a “neutral” rating and issued a $425.00 price target on shares of Microsoft in a research note on Thursday, January 30th. Finally, UBS Group dropped their price target 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 analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $510.96.

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.