Martin Currie Ltd. Has $138.71 Million Position in Microsoft Co. (NASDAQ:MSFT)

Martin Currie Ltd. trimmed its position in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 7.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 368,879 shares of the software giant’s stock after selling 29,965 shares during the period. Microsoft accounts for approximately 4.6% of Martin Currie Ltd.’s portfolio, making the stock its 7th largest holding. Martin Currie Ltd.’s holdings in Microsoft were worth $138,713,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Friedenthal Financial purchased a new stake in shares of Microsoft during the fourth quarter worth $45,000. PayPay Securities Corp lifted its position in shares of Microsoft by 23.7% during the fourth quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock worth $71,000 after acquiring an additional 36 shares in the last quarter. Kathleen S. Wright Associates Inc. lifted its position in shares of Microsoft by 160.7% during the fourth quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock worth $87,000 after acquiring an additional 143 shares in the last quarter. Authentikos Wealth Advisory LLC purchased a new stake in shares of Microsoft during the third quarter worth $87,000. Finally, Cordant Inc. lifted its position in shares of Microsoft by 647.8% during the fourth quarter. Cordant Inc. now owns 344 shares of the software giant’s stock worth $129,000 after acquiring an additional 298 shares in the last quarter. 71.13% of the stock is owned by institutional investors.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the sale, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Microsoft news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the sale, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CMO Takeshi Numoto sold 244 shares of Microsoft stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $415.53, for a total value of $101,389.32. Following the sale, the chief marketing officer now directly owns 47,011 shares in the company, valued at $19,534,480.83. The disclosure for this sale can be found here. In the last three months, insiders have sold 25,566 shares of company stock valued at $10,877,535. 0.03% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Royal Bank of Canada reiterated an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a research report on Friday, May 24th. DA Davidson reiterated a “buy” rating and issued a $500.00 price objective on shares of Microsoft in a research report on Friday, March 15th. Wells Fargo & Company increased their price objective on Microsoft from $480.00 to $500.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Piper Sandler reiterated an “overweight” rating and issued a $465.00 price objective (up previously from $455.00) on shares of Microsoft in a research report on Friday, April 26th. Finally, The Goldman Sachs Group increased their price objective on Microsoft from $450.00 to $515.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. Three analysts have rated the stock with a hold rating and thirty-three have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $463.69.

Read Our Latest Analysis on MSFT

Microsoft Stock Up 0.9 %

NASDAQ MSFT opened at $427.87 on Tuesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.24 and a quick ratio of 1.23. The stock has a market capitalization of $3.18 trillion, a PE ratio of 37.05, a PEG ratio of 2.24 and a beta of 0.89. Microsoft Co. has a 1 year low of $309.45 and a 1 year high of $433.60. The business’s 50-day moving average is $416.26 and its 200 day moving average is $403.12.

Microsoft (NASDAQ:MSFTGet Free Report) last posted its earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.81 by $0.13. The company had revenue of $61.86 billion for the quarter, compared to analysts’ expectations of $60.86 billion. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. Microsoft’s quarterly revenue was up 17.0% on a year-over-year basis. During the same period last year, the firm earned $2.45 earnings per share. Sell-side analysts forecast that Microsoft Co. will post 11.77 earnings per share for the current year.

Microsoft Company Profile

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.