Capricorn Fund Managers Ltd Acquires 1,916 Shares of Microsoft Co. (NASDAQ:MSFT)

Capricorn Fund Managers Ltd raised its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 20.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,080 shares of the software giant’s stock after purchasing an additional 1,916 shares during the period. Microsoft accounts for about 2.1% of Capricorn Fund Managers Ltd’s holdings, making the stock its 19th largest holding. Capricorn Fund Managers Ltd’s holdings in Microsoft were worth $4,707,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. WFA Asset Management Corp grew its position in Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock worth $427,000 after acquiring an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. increased its holdings in Microsoft by 0.3% during the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after buying an additional 38 shares during the period. Beck Bode LLC increased its holdings in Microsoft by 37.3% during the second quarter. Beck Bode LLC now owns 39,951 shares of the software giant’s stock valued at $17,856,000 after buying an additional 10,847 shares during the period. Pacer Advisors Inc. grew its holdings in Microsoft by 4.0% in the second quarter. Pacer Advisors Inc. now owns 725,845 shares of the software giant’s stock worth $324,416,000 after purchasing an additional 28,211 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in shares of Microsoft by 6.2% during the second quarter. Sei Investments Co. now owns 5,644,918 shares of the software giant’s stock valued at $2,522,995,000 after buying an additional 331,203 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Transactions at Microsoft

In related news, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction dated 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 sale, the chief marketing officer now 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 position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.03% of the stock is owned by company insiders.

Microsoft Stock Performance

Shares of Microsoft stock opened at $393.31 on Friday. 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 cap of $2.92 trillion, a P/E ratio of 31.67, a P/E/G ratio of 2.21 and a beta of 0.92. The firm has a 50 day simple moving average of $416.40 and a 200 day simple moving average of $421.87. Microsoft Co. has a fifty-two week low of $381.00 and a fifty-two week high of $468.35.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on MSFT shares. Morgan Stanley decreased their target price on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Mizuho reduced their price target on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Loop Capital upped their price objective on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research note on Thursday, January 30th. Finally, Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Four investment analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.