Microsoft Co. (NASDAQ:MSFT) Shares Sold by Overbrook Management Corp

Overbrook Management Corp lessened its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 0.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 91,681 shares of the software giant’s stock after selling 193 shares during the period. Microsoft accounts for approximately 8.3% of Overbrook Management Corp’s holdings, making the stock its biggest position. Overbrook Management Corp’s holdings in Microsoft were worth $38,644,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Christopher J. Hasenberg Inc boosted its holdings in shares of Microsoft by 35.7% during the third 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. Quarry LP bought a new stake in Microsoft in the 2nd quarter valued at about $45,000. IFS Advisors LLC boosted its stake in Microsoft by 53.8% during the 4th 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. Avondale Wealth Management grew its position in Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after purchasing an additional 65 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of Microsoft in the third quarter valued at approximately $62,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Price Performance

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

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS 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 last year, the business posted $2.93 earnings per share. On average, analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Insider Transactions at Microsoft

In related news, CMO Takeshi Numoto sold 2,500 shares of the business’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 transaction, the chief marketing officer now directly owns 49,352 shares of the company’s stock, valued at approximately $22,080,578.32. The trade was a 4.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.03% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Mizuho reduced their price objective on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. DA Davidson reiterated a “neutral” rating and set a $425.00 price target on shares of Microsoft in a research report on Thursday, January 30th. Loop Capital raised their price target on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a report on Monday, December 23rd. Guggenheim restated a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Finally, StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Four investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Microsoft currently has an average rating of “Moderate Buy” and an average target price of $510.96.

Microsoft 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.