Tlwm Acquires 7,484 Shares of Microsoft Co. (NASDAQ:MSFT)

Tlwm lifted its holdings in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 176.4% during the third quarter, HoldingsChannel.com reports. The firm owned 11,726 shares of the software giant’s stock after purchasing an additional 7,484 shares during the period. Microsoft accounts for 0.4% of Tlwm’s portfolio, making the stock its 25th biggest position. Tlwm’s holdings in Microsoft were worth $976,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of Microsoft by 0.9% in the first quarter. Vanguard Group Inc. now owns 621,598,157 shares of the software giant’s stock worth $191,644,927,000 after purchasing an additional 5,648,095 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Microsoft by 0.3% in the second quarter. Price T Rowe Associates Inc. MD now owns 195,859,819 shares of the software giant’s stock worth $50,302,677,000 after purchasing an additional 556,020 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Microsoft by 1.5% in the second quarter. Legal & General Group Plc now owns 54,799,110 shares of the software giant’s stock worth $14,074,064,000 after purchasing an additional 784,656 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Microsoft by 0.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 40,345,546 shares of the software giant’s stock worth $9,396,477,000 after purchasing an additional 215,103 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in Microsoft by 2.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 39,863,273 shares of the software giant’s stock worth $12,290,246,000 after acquiring an additional 766,487 shares in the last quarter. Institutional investors own 69.15% of the company’s stock.

Insider Activity at Microsoft

In related news, CEO Satya Nadella sold 4,767 shares of the firm’s stock in a transaction that occurred on Tuesday, February 28th. The shares were sold at an average price of $248.88, for a total value of $1,186,410.96. Following the completion of the transaction, the chief executive officer now owns 788,625 shares in the company, valued at approximately $196,272,990. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, CEO Satya Nadella sold 4,767 shares of the firm’s stock in a transaction that occurred on Tuesday, February 28th. The shares were sold at an average price of $248.88, for a total value of $1,186,410.96. Following the completion of the transaction, the chief executive officer now owns 788,625 shares in the company, valued at approximately $196,272,990. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CMO Christopher C. Capossela sold 1,000 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief marketing officer now owns 116,362 shares of the company’s stock, valued at approximately $31,687,699.84. The disclosure for this sale can be found here. Insiders sold a total of 6,767 shares of company stock worth $1,728,111 in the last quarter. 0.03% of the stock is owned by insiders.

Microsoft Stock Down 1.5 %

MSFT stock opened at $248.59 on Monday. The stock has a market capitalization of $1.85 trillion, a P/E ratio of 27.62, a price-to-earnings-growth ratio of 2.28 and a beta of 0.92. The company has a current ratio of 1.93, a quick ratio of 1.89 and a debt-to-equity ratio of 0.24. Microsoft Co. has a 12 month low of $213.43 and a 12 month high of $315.95. The firm has a 50-day moving average price of $248.71 and a 200-day moving average price of $245.32.

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

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Wolfe Research dropped their price target on shares of Microsoft from $280.00 to $265.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 25th. Barclays decreased their price objective on shares of Microsoft from $296.00 to $280.00 and set an “overweight” rating on the stock in a report on Tuesday, January 10th. BMO Capital Markets downgraded shares of Microsoft from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $267.00 to $265.00 in a report on Wednesday, January 25th. They noted that the move was a valuation call. Jefferies Financial Group set a $310.00 price objective on shares of Microsoft in a report on Monday, February 27th. Finally, Oppenheimer upped their price objective on shares of Microsoft from $265.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, February 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twenty-seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus 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.