Colorado Capital Management Inc. Sells 813 Shares of Microsoft Co. (NASDAQ:MSFT)

Colorado Capital Management Inc. cut its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 24.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,497 shares of the software giant’s stock after selling 813 shares during the quarter. Colorado Capital Management Inc.’s holdings in Microsoft were worth $1,053,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Wall Street Analyst Weigh In

A number of brokerages have commented on MSFT. Mizuho reduced their price target on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Morgan Stanley reduced their target price on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Guggenheim reissued a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. UBS Group reduced their price objective on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. Finally, Loop Capital boosted their target price on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. Four analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $510.96.

Insider Activity

In other news, CMO Takeshi Numoto sold 2,500 shares of Microsoft 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 transaction, the chief marketing officer now directly owns 49,352 shares in the company, valued at approximately $22,080,578.32. This trade represents a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT opened at $396.89 on Friday. Microsoft Co. has a one year low of $381.00 and a one year high of $468.35. The company has a 50-day simple moving average of $417.14 and a two-hundred day simple moving average of $422.06. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The firm has a market capitalization of $2.95 trillion, a PE ratio of 31.96, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 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 period in the previous year, the firm posted $2.93 earnings per share. On average, analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal 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.