Bernardo Wealth Planning LLC Buys 164 Shares of Microsoft Co. (NASDAQ:MSFT)

Bernardo Wealth Planning LLC raised its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 4.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,627 shares of the software giant’s stock after buying an additional 164 shares during the quarter. Bernardo Wealth Planning LLC’s holdings in Microsoft were worth $1,519,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. International Assets Investment Management LLC boosted its holdings in shares of Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after purchasing an additional 38,422,466 shares during the period. Assenagon Asset Management S.A. grew its position in shares of Microsoft by 76.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant’s stock valued at $4,439,407,000 after acquiring an additional 4,568,539 shares during the period. Geode Capital Management LLC lifted its stake in shares of Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after buying an additional 3,264,648 shares in the last quarter. Baillie Gifford & Co. increased its holdings in Microsoft by 46.1% in the 3rd quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant’s stock valued at $3,032,859,000 after acquiring an additional 2,222,483 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Microsoft by 4.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock valued at $23,490,417,000 after purchasing an additional 2,125,030 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Insider Activity

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

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $388.49 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The stock has a fifty day moving average price of $419.75 and a 200 day moving average price of $422.59. Microsoft Co. has a 1-year low of $385.58 and a 1-year high of $468.35. The company has a market cap of $2.89 trillion, a PE ratio of 31.28, a P/E/G ratio of 2.21 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating the consensus estimate 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 business earned $2.93 EPS. Sell-side analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MSFT. Stifel Nicolaus increased their target price on Microsoft from $475.00 to $515.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Morgan Stanley dropped their price objective on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Piper Sandler reiterated an “overweight” rating and issued a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. StockNews.com downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a report on Friday. Finally, Wedbush restated an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a research report on Tuesday, November 19th. Four analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $510.96.

Microsoft 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.