G2 Capital Management LLC OH Sells 263 Shares of Microsoft Co. (NASDAQ:MSFT)

G2 Capital Management LLC OH decreased its position in shares of Microsoft Co. (NASDAQ:MSFT – Get Rating) by 8.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,816 shares of the software giant’s stock after selling 263 shares during the period. G2 Capital Management LLC OH’s holdings in Microsoft were worth $656,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Monumental Financial Group Inc. acquired a new stake in shares of Microsoft during the 1st quarter worth $28,000. Hanseatic Management Services Inc. grew its holdings in shares of Microsoft by 71.4% during the 3rd quarter. Hanseatic Management Services Inc. now owns 132 shares of the software giant’s stock worth $31,000 after purchasing an additional 55 shares in the last quarter. Morgan Dempsey Capital Management LLC acquired a new stake in shares of Microsoft during the 3rd quarter worth $82,000. Avondale Wealth Management grew its holdings in shares of Microsoft by 58.6% during the 3rd quarter. Avondale Wealth Management now owns 406 shares of the software giant’s stock worth $95,000 after purchasing an additional 150 shares in the last quarter. Finally, Grayhawk Investment Strategies Inc. acquired a new stake in shares of Microsoft during the 2nd quarter worth $104,000. Institutional investors own 69.15% of the company’s stock.

Microsoft Trading Down 1.5 %

NASDAQ:MSFT opened at $248.59 on Monday. The firm’s fifty day moving average is $248.71 and its 200-day moving average is $245.32. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.89 and a current ratio of 1.93. Microsoft Co. has a 52 week low of $213.43 and a 52 week high of $315.95. The firm has a market cap of $1.85 trillion, a P/E ratio of 27.62, a P/E/G ratio of 2.28 and a beta of 0.92.

Microsoft (NASDAQ:MSFT – Get Rating) last posted its quarterly earnings data on Tuesday, January 24th. The software giant reported $2.32 EPS for the quarter, beating 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 company had revenue of $52.75 billion for the quarter, compared to analyst estimates of $53.17 billion. During the same period in the prior year, the firm posted $2.48 EPS. The company’s quarterly revenue was up 2.0% on a year-over-year basis. Equities analysts expect that Microsoft Co. will post 9.34 earnings per share for the current year.

Insider Activity

In related news, CEO Satya Nadella sold 4,767 shares of the 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 transaction, the chief executive officer now directly owns 788,625 shares of the company’s stock, valued at $196,272,990. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, CMO Christopher C. Capossela sold 1,000 shares of the stock in a transaction on Monday, February 13th. The shares were sold at an average price of $272.32, for a total transaction of $272,320.00. Following the transaction, the chief marketing officer now directly owns 116,362 shares of the company’s stock, valued at $31,687,699.84. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Satya Nadella sold 4,767 shares of the stock in a transaction on Tuesday, February 28th. The stock was sold at an average price of $248.88, for a total transaction of $1,186,410.96. Following the transaction, the chief executive officer now directly owns 788,625 shares in the company, valued at $196,272,990. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,767 shares of company stock valued at $1,728,111. 0.03% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MSFT. JPMorgan Chase & Co. set a $305.00 target price on Microsoft and gave the stock an “overweight” rating in a report on Wednesday, February 8th. Barclays reduced their price objective on Microsoft from $296.00 to $280.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 10th. Piper Sandler raised their price objective on Microsoft from $247.00 to $290.00 and gave the company an “overweight” rating in a research note on Wednesday, February 8th. Evercore ISI reduced their price objective on Microsoft from $300.00 to $280.00 and set an “outperform” rating on the stock in a research note on Thursday, January 19th. Finally, Royal Bank of Canada set a $285.00 price objective on Microsoft in a research note on Wednesday, January 25th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and twenty-seven have given a buy rating to the company. Based on data from MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and an average target price of $285.58.

About Microsoft

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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.