SWS Partners Sells 46 Shares of Microsoft Co. (NASDAQ:MSFT)

SWS Partners lowered its position in Microsoft Co. (NASDAQ:MSFTFree Report) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,261 shares of the software giant’s stock after selling 46 shares during the quarter. SWS Partners’ holdings in Microsoft were worth $850,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. China Universal Asset Management Co. Ltd. grew its position in Microsoft by 9.0% in the third quarter. China Universal Asset Management Co. Ltd. now owns 67,011 shares of the software giant’s stock worth $21,159,000 after acquiring an additional 5,530 shares in the last quarter. Leisure Capital Management grew its position in Microsoft by 0.5% in the third quarter. Leisure Capital Management now owns 23,175 shares of the software giant’s stock worth $7,317,000 after acquiring an additional 116 shares in the last quarter. Ninepoint Partners LP grew its position in Microsoft by 7.9% in the third quarter. Ninepoint Partners LP now owns 8,966 shares of the software giant’s stock worth $2,831,000 after acquiring an additional 653 shares in the last quarter. Arista Wealth Management LLC grew its position in Microsoft by 13.4% in the third quarter. Arista Wealth Management LLC now owns 3,421 shares of the software giant’s stock worth $1,080,000 after acquiring an additional 404 shares in the last quarter. Finally, Cook Wealth Management Group LLC grew its position in Microsoft by 65.3% in the third quarter. Cook Wealth Management Group LLC now owns 5,190 shares of the software giant’s stock worth $1,702,000 after acquiring an additional 2,050 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on MSFT. Wedbush reiterated an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a research report on Wednesday, May 22nd. JPMorgan Chase & Co. upped their target price on shares of Microsoft from $440.00 to $470.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. UBS Group restated a “buy” rating and set a $480.00 price target on shares of Microsoft in a research report on Wednesday, April 10th. KeyCorp started coverage on shares of Microsoft in a research report on Thursday, March 21st. They set an “overweight” rating and a $490.00 price target for the company. Finally, Oppenheimer upped their price target on shares of Microsoft from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday. Three research analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $463.69.

Check Out Our Latest Stock Report on Microsoft

Microsoft Price Performance

MSFT stock opened at $427.87 on Tuesday. Microsoft Co. has a 1 year low of $309.45 and a 1 year high of $433.60. The company has a market cap of $3.18 trillion, a P/E ratio of 37.05, a PEG ratio of 2.24 and a beta of 0.89. The firm has a 50-day moving average of $416.26 and a 200 day moving average of $403.12. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.24 and a quick ratio of 1.23.

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

Insider Buying and Selling at Microsoft

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

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.

See Also

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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