Wealth Alliance Advisory Group LLC Grows Position in Microsoft Co. (NASDAQ:MSFT)

Wealth Alliance Advisory Group LLC lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 19,869 shares of the software giant’s stock after buying an additional 322 shares during the quarter. Microsoft accounts for approximately 1.8% of Wealth Alliance Advisory Group LLC’s holdings, making the stock its 17th largest holding. Wealth Alliance Advisory Group LLC’s holdings in Microsoft were worth $8,375,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of MSFT. Net Worth Advisory Group bought a new stake in shares of Microsoft in the 3rd quarter worth $2,645,000. Oak Ridge Investments LLC lifted its position in shares of Microsoft by 7.6% in the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock worth $113,399,000 after buying an additional 18,544 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in shares of Microsoft by 1.6% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,975,200 shares of the software giant’s stock worth $882,816,000 after purchasing an additional 31,401 shares during the last quarter. Jacobs & Co. CA lifted its position in shares of Microsoft by 0.9% during the 3rd quarter. Jacobs & Co. CA now owns 96,021 shares of the software giant’s stock worth $41,318,000 after purchasing an additional 880 shares during the last quarter. Finally, Focus Financial Network Inc. increased its stake in Microsoft by 2.0% during the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock valued at $32,830,000 after acquiring an additional 1,489 shares during the period. Institutional investors and hedge funds own 71.13% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on MSFT shares. Stifel Nicolaus boosted their price target on Microsoft from $475.00 to $515.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Loop Capital increased their price objective on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. UBS Group reduced their price target on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a research report on Friday. Finally, Mizuho reduced their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $510.96.

Microsoft Trading Down 2.1 %

Shares of NASDAQ:MSFT opened at $388.49 on Tuesday. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The stock 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. The business has a 50 day moving average of $419.75 and a 200-day moving average of $422.59. Microsoft Co. has a 12-month low of $385.58 and a 12-month high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating the consensus estimate of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the prior year, the company earned $2.93 earnings per share. As a group, equities research analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Insider Activity at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the sale, the chief marketing officer now owns 49,352 shares of the company’s stock, valued at approximately $22,080,578.32. This represents a 4.82 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.03% of the stock is currently owned by company insiders.

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.