JBGlobal.com LLC Invests $309,000 in Microsoft Co. (NASDAQ:MSFT)

JBGlobal.com LLC bought a new position in shares of Microsoft Co. (NASDAQ:MSFT) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 732 shares of the software giant’s stock, valued at approximately $309,000. Microsoft accounts for about 0.3% of JBGlobal.com LLC’s investment portfolio, making the stock its 26th biggest position.

A number of other institutional investors also recently modified their holdings of MSFT. WFA Asset Management Corp grew its holdings in Microsoft by 27.0% during the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock worth $427,000 after buying an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. grew 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 worth $5,658,000 after buying an additional 38 shares in the last quarter. Beck Bode LLC grew 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 worth $17,856,000 after buying an additional 10,847 shares in the last quarter. Lavaca Capital LLC grew its holdings in Microsoft by 1.1% during the second quarter. Lavaca Capital LLC now owns 7,062 shares of the software giant’s stock worth $3,156,000 after buying an additional 74 shares in the last quarter. Finally, Kowal Investment Group LLC grew its holdings in Microsoft by 4.6% during the second quarter. Kowal Investment Group LLC now owns 17,848 shares of the software giant’s stock worth $7,977,000 after buying an additional 781 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. StockNews.com downgraded Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Stifel Nicolaus reduced their price objective on Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a research note on Friday. Loop Capital upped their price objective on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. Morgan Stanley reduced their price objective on Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Finally, Wedbush restated an “outperform” rating and issued a $550.00 price objective on shares of Microsoft in a research note on Tuesday, November 19th. Four research 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, Microsoft currently has an average rating of “Moderate Buy” and an average price target of $509.54.

Insider Activity at Microsoft

In related news, CMO Takeshi Numoto sold 2,500 shares of the firm’s 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 of the company’s stock, valued at approximately $22,080,578.32. This trade represents a 4.82 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.03% of the stock is currently owned by insiders.

Microsoft Stock Performance

NASDAQ:MSFT opened at $393.31 on Friday. The business’s 50-day moving average price is $416.40 and its two-hundred day moving average price is $421.87. Microsoft Co. has a twelve month low of $381.00 and a twelve month high of $468.35. The stock has a market cap of $2.92 trillion, a P/E ratio of 31.67, a PEG ratio of 2.21 and a beta of 0.92. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

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, 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 business posted $2.93 EPS. As a group, equities analysts predict 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.