Diversify Advisory Services LLC Raises Position in Microsoft Co. (NASDAQ:MSFT)

Diversify Advisory Services LLC boosted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92,795 shares of the software giant’s stock after purchasing an additional 1,293 shares during the period. Microsoft comprises 2.1% of Diversify Advisory Services LLC’s portfolio, making the stock its 10th largest holding. Diversify Advisory Services LLC’s holdings in Microsoft were worth $38,877,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Diversify Wealth Management LLC lifted its position in Microsoft by 35.7% during the fourth quarter. Diversify Wealth Management LLC now owns 44,834 shares of the software giant’s stock valued at $18,783,000 after purchasing an additional 11,803 shares during the period. Terra Nova Asset Management LLC boosted its stake in shares of Microsoft by 9.6% during the 4th quarter. Terra Nova Asset Management LLC now owns 13,712 shares of the software giant’s stock worth $5,780,000 after acquiring an additional 1,197 shares during the last quarter. Smart Money Group LLC boosted its stake in shares of Microsoft by 3.2% during the 4th quarter. Smart Money Group LLC now owns 4,453 shares of the software giant’s stock worth $1,877,000 after acquiring an additional 139 shares during the last quarter. Ellsworth Advisors LLC boosted its stake in shares of Microsoft by 48.3% during the 4th quarter. Ellsworth Advisors LLC now owns 15,152 shares of the software giant’s stock worth $6,387,000 after acquiring an additional 4,933 shares during the last quarter. Finally, RoundAngle Advisors LLC purchased a new position in shares of Microsoft during the 4th quarter worth $2,675,000. Institutional investors own 71.13% of the company’s stock.

Insider Transactions at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction dated 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 sale, the chief marketing officer now directly owns 49,352 shares in the company, valued at $22,080,578.32. The trade was a 4.82 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $388.61 on Wednesday. The firm’s fifty day moving average is $418.73 and its two-hundred day moving average is $422.36. Microsoft Co. has a 52-week low of $381.00 and a 52-week high of $468.35. 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 company has a market cap of $2.89 trillion, a P/E ratio of 31.29, 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, 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 firm posted $2.93 EPS. As a group, analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on MSFT shares. Mizuho dropped their price target on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Piper Sandler reiterated an “overweight” rating and set a $520.00 price target on shares of Microsoft in a research note on Monday, January 27th. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Finally, Morgan Stanley decreased their price objective on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Four 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, Microsoft currently has a consensus rating of “Moderate Buy” and an average price target of $510.96.

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.