Aaron Wealth Advisors LLC Acquires 1,321 Shares of Microsoft Co. (NASDAQ:MSFT)

Aaron Wealth Advisors LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 60,710 shares of the software giant’s stock after purchasing an additional 1,321 shares during the period. Microsoft makes up approximately 3.0% of Aaron Wealth Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Aaron Wealth Advisors LLC’s holdings in Microsoft were worth $25,589,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. BNC Wealth Management LLC increased its holdings in shares of Microsoft by 3.4% during the fourth quarter. BNC Wealth Management LLC now owns 37,109 shares of the software giant’s stock valued at $15,641,000 after purchasing an additional 1,231 shares during the period. Sandy Cove Advisors LLC increased its holdings in shares of Microsoft by 6.7% during the fourth quarter. Sandy Cove Advisors LLC now owns 13,516 shares of the software giant’s stock valued at $5,697,000 after purchasing an additional 847 shares during the period. Wealth Alliance Advisory Group LLC boosted its stake in Microsoft by 1.6% during the fourth quarter. Wealth Alliance Advisory Group LLC now owns 19,869 shares of the software giant’s stock valued at $8,375,000 after buying an additional 322 shares in the last quarter. Bowman & Co S.C. boosted its stake in Microsoft by 0.3% during the fourth quarter. Bowman & Co S.C. now owns 14,365 shares of the software giant’s stock valued at $6,057,000 after buying an additional 37 shares in the last quarter. Finally, Moss Adams Wealth Advisors LLC boosted its stake in Microsoft by 4.6% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 43,462 shares of the software giant’s stock valued at $18,319,000 after buying an additional 1,910 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $447.41, for a total value of $1,118,525.00. Following the sale, the chief marketing officer now owns 49,352 shares of the company’s stock, valued at $22,080,578.32. This trade represents a 4.82 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Mizuho decreased their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research note on Thursday, January 30th. Wedbush reaffirmed an “outperform” rating and set a $550.00 target price on shares of Microsoft in a research note on Tuesday, November 19th. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Loop Capital increased their price target on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Finally, Piper Sandler reiterated an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a research report on Monday, January 27th. Four analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. According to MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and an average target price of $510.96.

Microsoft Stock Performance

MSFT opened at $388.49 on Tuesday. The firm has a market capitalization of $2.89 trillion, a P/E ratio of 31.28, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90. The stock’s 50 day moving average price is $419.75 and its two-hundred day moving average price is $422.59. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 12-month low of $385.58 and a 12-month high of $468.35.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period last year, the company posted $2.93 EPS. On average, equities analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

About Microsoft

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.