Microsoft Co. (NASDAQ:MSFT) Shares Sold by Hall Laurie J Trustee

Hall Laurie J Trustee decreased its position in Microsoft Co. (NASDAQ:MSFT) by 1.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 60,973 shares of the software giant’s stock after selling 1,173 shares during the period. Microsoft comprises approximately 8.4% of Hall Laurie J Trustee’s holdings, making the stock its largest holding. Hall Laurie J Trustee’s holdings in Microsoft were worth $25,700,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in MSFT. Geode Capital Management LLC raised its holdings in shares of Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after buying an additional 3,264,648 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Microsoft by 4.1% in the 3rd 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 worth $23,490,417,000 after buying an additional 2,125,030 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Microsoft by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant’s stock worth $20,322,513,000 after buying an additional 652,493 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of Microsoft by 48,526.1% in the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after buying an additional 38,422,466 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of Microsoft by 1.1% in the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock worth $16,104,959,000 after buying an additional 406,940 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Piper Sandler reaffirmed an “overweight” rating and set a $520.00 price target on shares of Microsoft in a report on Monday, January 27th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Stifel Nicolaus raised their price target on Microsoft from $475.00 to $515.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Morgan Stanley dropped 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. Finally, DA Davidson reaffirmed a “neutral” rating and set a $425.00 price target on shares of Microsoft in a report on Thursday, January 30th. Four research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $510.96.

Insider Buying and Selling

In related news, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was 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 trade represents a 4.82 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.03% of the stock is currently owned by company insiders.

Microsoft Stock Up 0.0 %

NASDAQ:MSFT opened at $388.61 on Wednesday. Microsoft Co. has a 12-month low of $381.00 and a 12-month high of $468.35. 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 firm has a market capitalization 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. The stock’s fifty day simple moving average is $418.73 and its 200-day simple moving average is $422.36.

Microsoft (NASDAQ:MSFT) last posted 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 return on equity of 33.36% and a net margin of 35.43%. During the same period last year, the company posted $2.93 EPS. Equities research analysts expect that Microsoft Co. will post 13.08 earnings per share for the current year.

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.