Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Van Leeuwen & Company LLC

Van Leeuwen & Company LLC grew its position in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 9.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,211 shares of the software giant’s stock after buying an additional 1,996 shares during the quarter. Microsoft accounts for about 4.3% of Van Leeuwen & Company LLC’s portfolio, making the stock its 7th largest holding. Van Leeuwen & Company LLC’s holdings in Microsoft were worth $5,406,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in MSFT. Monumental Financial Group Inc. bought a new stake in Microsoft during the 1st quarter worth approximately $28,000. Hanseatic Management Services Inc. lifted its stake in shares of Microsoft by 71.4% in the third quarter. Hanseatic Management Services Inc. now owns 132 shares of the software giant’s stock valued at $31,000 after buying an additional 55 shares in the last quarter. Grayhawk Investment Strategies Inc. bought a new position in shares of Microsoft in the second quarter valued at $104,000. Morgan Dempsey Capital Management LLC bought a new position in shares of Microsoft in the third quarter valued at $82,000. Finally, Avondale Wealth Management lifted its position in shares of Microsoft by 58.6% during the third quarter. Avondale Wealth Management now owns 406 shares of the software giant’s stock valued at $95,000 after purchasing an additional 150 shares in the last quarter. 69.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Microsoft

In related news, CMO Christopher C. Capossela sold 1,000 shares of the stock in a transaction that occurred on Monday, February 13th. The shares were sold at an average price of $272.32, for a total value of $272,320.00. Following the completion of the sale, the chief marketing officer now directly owns 116,362 shares of the company’s stock, valued at approximately $31,687,699.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CMO Christopher C. Capossela sold 1,000 shares of the firm’s stock in a transaction on Monday, February 13th. The shares were sold at an average price of $272.32, for a total value of $272,320.00. Following the completion of the transaction, the chief marketing officer now directly owns 116,362 shares of the company’s stock, valued at $31,687,699.84. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Satya Nadella sold 4,767 shares of the firm’s stock in a transaction on Tuesday, February 28th. The shares were sold at an average price of $248.88, for a total transaction of $1,186,410.96. Following the completion of the transaction, the chief executive officer now directly owns 788,625 shares of the company’s stock, valued at $196,272,990. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,767 shares of company stock worth $1,728,111. Company insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the stock. UBS Group set a $250.00 price objective on shares of Microsoft in a research report on Wednesday, February 8th. Mizuho boosted their price objective on shares of Microsoft from $280.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, February 8th. Credit Suisse Group set a $285.00 price objective on shares of Microsoft in a research note on Thursday. Wolfe Research reduced their price objective on shares of Microsoft from $280.00 to $265.00 and set an “outperform” rating for the company in a research note on Wednesday, January 25th. Finally, Rosenblatt Securities reduced their price objective on shares of Microsoft from $285.00 to $275.00 and set a “buy” rating for the company in a research note on Thursday, January 26th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $285.58.

Microsoft Trading Up 1.7 %

NASDAQ:MSFT opened at $255.29 on Monday. The company has a fifty day moving average of $247.21 and a 200 day moving average of $246.31. Microsoft Co. has a 52 week low of $213.43 and a 52 week high of $315.95. The company has a quick ratio of 1.89, a current ratio of 1.93 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $1.90 trillion, a P/E ratio of 28.37, a P/E/G ratio of 2.34 and a beta of 0.92.

Microsoft (NASDAQ:MSFT – Get Rating) last released its earnings results on Tuesday, January 24th. The software giant reported $2.32 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.05. Microsoft had a net margin of 33.05% and a return on equity of 39.87%. The firm had revenue of $52.75 billion for the quarter, compared to the consensus estimate of $53.17 billion. During the same period in the prior year, the firm earned $2.48 EPS. The company’s revenue was up 2.0% compared to the same quarter last year. On average, research analysts predict that Microsoft Co. will post 9.34 earnings per share for the current year.

Microsoft Company Profile

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Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of Office Commercial (Office 365 subscriptions, the Office 365 portion of Microsoft 365 Commercial subscriptions, and Office licensed on-premises), Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, Office Consumer, including Microsoft 365 Consumer subscriptions, Office licensed on-premises, and other Office services, LinkedIn, including Talent Solutions, Marketing Solutions, Premium Subscriptions, Sales Solutions, and Learning Solutions, Dynamics business solutions, including Dynamics 365, comprising a set of intelligent, cloud-based applications across ERP, CRM, Customer Insights, Power Apps, and Power Automate, and on-premises ERP and CRM applications.