Community Bank of Raymore Has $2.25 Million Stake in Microsoft Co. (NASDAQ:MSFT)

Community Bank of Raymore boosted its stake in Microsoft Co. (NASDAQ:MSFT) by 19.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,341 shares of the software giant’s stock after purchasing an additional 857 shares during the period. Microsoft comprises approximately 1.8% of Community Bank of Raymore’s investment portfolio, making the stock its 19th biggest position. Community Bank of Raymore’s holdings in Microsoft were worth $2,251,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Christopher J. Hasenberg Inc increased its holdings in Microsoft by 35.7% in the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after purchasing an additional 25 shares during the period. IFS Advisors LLC increased its holdings in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares during the period. Quarry LP acquired a new stake in Microsoft during the 2nd quarter worth about $45,000. Avondale Wealth Management grew its holdings in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after acquiring an additional 65 shares during the period. Finally, MidAtlantic Capital Management Inc. acquired a new stake in Microsoft during the 3rd quarter worth about $62,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of the firm’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 $22,080,578.32. This trade represents a 4.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.03% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Morgan Stanley decreased their price target on Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Stifel Nicolaus increased their price target on Microsoft from $475.00 to $515.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Mizuho decreased their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a report on Thursday, January 30th. Piper Sandler reiterated an “overweight” rating and set a $520.00 price target on shares of Microsoft in a report on Monday, January 27th. Finally, UBS Group reduced their target price on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Four research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and an average price target of $510.96.

Microsoft Trading Up 0.0 %

Shares of MSFT stock opened at $388.61 on Wednesday. The company has a 50 day moving average of $418.73 and a 200-day moving average of $422.36. 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 $381.00 and a 12-month high of $468.35. The firm has a market cap of $2.89 trillion, a P/E ratio of 31.29, a PEG 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 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 last year, the company posted $2.93 earnings per share. Sell-side analysts anticipate that Microsoft Co. will post 13.08 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.