6,347 Shares in Microsoft Co. (NASDAQ:MSFT) Acquired by RoundAngle Advisors LLC

RoundAngle Advisors LLC purchased a new position in Microsoft Co. (NASDAQ:MSFT) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,347 shares of the software giant’s stock, valued at approximately $2,675,000. Microsoft accounts for about 2.5% of RoundAngle Advisors LLC’s investment portfolio, making the stock its 12th biggest position.

A number of other hedge funds also recently modified their holdings of the stock. BCK Partners Inc. raised its stake in Microsoft by 1.8% in the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock worth $582,000 after buying an additional 24 shares in the last quarter. Global Wealth Strategies & Associates grew its holdings in shares of Microsoft by 0.8% during the third quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock valued at $1,290,000 after buying an additional 25 shares during the last quarter. Christopher J. Hasenberg Inc grew its holdings in shares of Microsoft by 35.7% during the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after buying an additional 25 shares during the last quarter. Sequent Asset Management LLC grew its holdings in shares of Microsoft by 1.3% during the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock valued at $853,000 after buying an additional 25 shares during the last quarter. Finally, Cypress Point Wealth Management LLC grew its holdings in shares of Microsoft by 0.8% during the third quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock valued at $1,380,000 after buying an additional 25 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on MSFT. UBS Group cut their price target on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a report on Thursday, January 30th. Royal Bank of Canada restated an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a research report on Thursday, January 30th. StockNews.com downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Stifel Nicolaus increased their price objective on shares of Microsoft from $475.00 to $515.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Finally, Loop Capital increased their price objective on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, December 23rd. Four investment analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $510.96.

Microsoft Trading Up 0.0 %

Shares of MSFT stock opened at $388.61 on Wednesday. Microsoft Co. has a fifty-two week low of $381.00 and a fifty-two week high of $468.35. The company has a 50 day moving average price of $418.73 and a 200 day moving average price of $422.36. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The stock has a market capitalization of $2.89 trillion, a P/E ratio of 31.29, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 period in the prior year, the company earned $2.93 earnings per share. Equities research analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief marketing officer now owns 49,352 shares in the company, valued at approximately $22,080,578.32. The trade was a 4.82 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.03% of the stock is owned by insiders.

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.