Alpha Cubed Investments LLC Has $112.97 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Alpha Cubed Investments LLC lifted its stake in Microsoft Co. (NASDAQ:MSFT) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 268,016 shares of the software giant’s stock after acquiring an additional 10,020 shares during the period. Microsoft makes up about 5.2% of Alpha Cubed Investments LLC’s holdings, making the stock its 2nd largest holding. Alpha Cubed Investments LLC’s holdings in Microsoft were worth $112,969,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the business. Christopher J. Hasenberg Inc raised its position in 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 purchasing an additional 25 shares in the last quarter. IFS Advisors LLC raised its position in Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares in the last quarter. Quarry LP purchased a new position in shares of Microsoft in the second quarter worth about $45,000. Avondale Wealth Management increased its holdings in shares of Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after buying an additional 65 shares during the period. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of Microsoft in the third quarter worth about $62,000. Institutional investors own 71.13% of the company’s stock.

Insider Activity at Microsoft

In related news, CMO Takeshi Numoto sold 2,500 shares of the stock in a transaction dated 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 transaction, the chief marketing officer now directly owns 49,352 shares in the company, valued at approximately $22,080,578.32. This represents a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Microsoft Price Performance

Microsoft stock opened at $393.31 on Friday. The business has a 50 day simple moving average of $416.40 and a 200-day simple moving average of $421.87. Microsoft Co. has a 12 month low of $381.00 and a 12 month high of $468.35. The stock has a market capitalization of $2.92 trillion, a PE ratio of 31.67, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data 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 return on equity of 33.36% and a net margin of 35.43%. During the same quarter last year, the firm earned $2.93 EPS. Equities analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MSFT. Mizuho decreased their price objective on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Wedbush reissued an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a research note on Tuesday, November 19th. Morgan Stanley cut their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, DA Davidson reissued a “neutral” rating and issued a $425.00 target price on shares of Microsoft in a research note 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.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $509.54.

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.