Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Pure Financial Advisors LLC

Pure Financial Advisors LLC lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 2.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,098 shares of the software giant’s stock after purchasing an additional 942 shares during the quarter. Pure Financial Advisors LLC’s holdings in Microsoft were worth $21,498,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of MSFT. Neo Ivy Capital Management purchased a new stake in shares of Microsoft during the fourth quarter worth approximately $58,000. Richardson Capital Management LLC boosted its position in shares of Microsoft by 1,290.0% in the 1st quarter. Richardson Capital Management LLC now owns 139 shares of the software giant’s stock worth $59,000 after buying an additional 129 shares in the last quarter. Bellevue Group AG boosted its position in shares of Microsoft by 47.5% in the 1st quarter. Bellevue Group AG now owns 180 shares of the software giant’s stock worth $76,000 after buying an additional 58 shares in the last quarter. Horizon Financial Services LLC purchased a new stake in shares of Microsoft in the 1st quarter worth about $80,000. Finally, Cooksen Wealth LLC purchased a new stake in shares of Microsoft in the 4th quarter worth about $86,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Activity at Microsoft

In related news, CFO Amy Hood sold 38,000 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $410.55, for a total value of $15,600,900.00. Following the completion of the sale, the chief financial officer now owns 496,369 shares of the company’s stock, valued at approximately $203,784,292.95. The sale was disclosed in a document filed with the SEC, which is available at this link. In other Microsoft news, CFO Amy Hood sold 38,000 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $410.55, for a total transaction of $15,600,900.00. Following the completion of the sale, the chief financial officer now owns 496,369 shares of the company’s stock, valued at $203,784,292.95. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Satya Nadella sold 14,398 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $417.41, for a total value of $6,009,869.18. Following the sale, the chief executive officer now directly owns 786,933 shares of the company’s stock, valued at approximately $328,473,703.53. The disclosure for this sale can be found here. In the last quarter, insiders sold 190,629 shares of company stock valued at $77,916,485. 0.03% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

MSFT has been the topic of a number of recent research reports. Wells Fargo & Company upped their target price on shares of Microsoft from $500.00 to $515.00 and gave the company an “overweight” rating in a report on Wednesday, July 31st. Mizuho increased their target price on shares of Microsoft from $450.00 to $480.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 16th. Tigress Financial increased their price objective on shares of Microsoft from $475.00 to $550.00 and gave the company a “buy” rating in a research report on Thursday, June 13th. UBS Group lowered their price objective on shares of Microsoft from $520.00 to $510.00 and set a “buy” rating for the company in a research report on Wednesday, July 31st. Finally, Truist Financial reaffirmed a “buy” rating and issued a $600.00 price objective on shares of Microsoft in a research report on Monday, June 17th. Two investment analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $494.72.

Microsoft Trading Up 0.8 %

Shares of MSFT opened at $430.59 on Monday. Microsoft Co. has a 1-year low of $309.45 and a 1-year high of $468.35. The stock has a market capitalization of $3.20 trillion, a P/E ratio of 37.28, a P/E/G ratio of 2.14 and a beta of 0.90. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.16. The business’s 50-day moving average price is $423.50 and its 200 day moving average price is $423.47.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Tuesday, July 30th. The software giant reported $2.95 EPS for the quarter, topping analysts’ consensus estimates of $2.90 by $0.05. The firm had revenue of $64.73 billion during the quarter, compared to analyst estimates of $64.38 billion. Microsoft had a return on equity of 35.95% and a net margin of 35.96%. The business’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period last year, the company posted $2.69 EPS. Analysts expect that Microsoft Co. will post 13.04 earnings per share for the current year.

Microsoft Company Profile

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.