Microsoft Co. (NASDAQ:MSFT) Shares Sold by Bremer Bank National Association

Bremer Bank National Association cut its stake in Microsoft Co. (NASDAQ:MSFT) by 0.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,459 shares of the software giant’s stock after selling 88 shares during the period. Microsoft comprises approximately 2.0% of Bremer Bank National Association’s portfolio, making the stock its 10th largest position. Bremer Bank National Association’s holdings in Microsoft were worth $10,309,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MSFT. BCK Partners Inc. boosted its position in Microsoft by 1.8% during the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock worth $582,000 after acquiring an additional 24 shares during the last quarter. Global Wealth Strategies & Associates raised its stake in shares of Microsoft by 0.8% in the 3rd quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock valued at $1,290,000 after acquiring an additional 25 shares during the period. Christopher J. Hasenberg Inc raised its stake in shares of Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after acquiring an additional 25 shares during the period. Sequent Asset Management LLC raised its stake in shares of Microsoft by 1.3% in the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock valued at $853,000 after acquiring an additional 25 shares during the period. Finally, Cypress Point Wealth Management LLC increased its stake in Microsoft by 0.8% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock worth $1,380,000 after buying an additional 25 shares during the period. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $401.02 on Thursday. 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 business’s 50 day moving average is $417.97 and its two-hundred day moving average is $422.24. The company has a market cap of $2.98 trillion, a P/E ratio of 32.29, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 12 month low of $381.00 and a 12 month high of $468.35.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the firm earned $2.93 EPS. On average, equities analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Wall Street Analyst Weigh In

MSFT has been the topic of several research analyst reports. Cantor Fitzgerald restated an “overweight” rating and set a $509.00 price objective on shares of Microsoft in a research note on Wednesday, January 29th. DA Davidson reissued a “neutral” rating and set a $425.00 target price on shares of Microsoft in a report on Thursday, January 30th. Wedbush reaffirmed an “outperform” rating and issued a $550.00 price target on shares of Microsoft in a report on Tuesday, November 19th. Morgan Stanley lowered 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. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a research note on Thursday, January 30th. Four investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $510.96.

Insider Buying and Selling 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 stock was 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. This represents a 4.82 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.03% of the company’s stock.

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.