Traphagen Investment Advisors LLC Has $5.82 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Traphagen Investment Advisors LLC boosted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,809 shares of the software giant’s stock after purchasing an additional 189 shares during the period. Microsoft accounts for about 0.6% of Traphagen Investment Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding. Traphagen Investment Advisors LLC’s holdings in Microsoft were worth $5,821,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Christopher J. Hasenberg Inc lifted its position in shares of Microsoft by 35.7% in the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after buying an additional 25 shares during the last quarter. IFS Advisors LLC lifted its position in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after buying an additional 35 shares during the last quarter. Quarry LP acquired a new stake in shares of Microsoft in the second quarter valued at approximately $45,000. Avondale Wealth Management lifted its position in shares of Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after buying an additional 65 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. bought a new position in shares of Microsoft during the third quarter worth approximately $62,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MSFT. Stifel Nicolaus lowered their target price on Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research note on Friday. Cantor Fitzgerald reiterated an “overweight” rating and set a $509.00 target price on shares of Microsoft in a research note on Wednesday, January 29th. DA Davidson reiterated a “neutral” rating and set a $425.00 target price on shares of Microsoft in a research note on Thursday, January 30th. Loop Capital increased their target price on Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. Finally, Mizuho lowered their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Four analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. According to data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus price target of $509.54.

Microsoft Trading Down 0.9 %

NASDAQ MSFT opened at $393.31 on Friday. The company has a market cap of $2.92 trillion, a price-to-earnings ratio of 31.67, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. Microsoft Co. has a twelve month low of $381.00 and a twelve month high of $468.35. The business’s fifty day moving average is $416.40 and its 200 day moving average is $421.87. 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 earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping the consensus estimate 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 prior year, the firm posted $2.93 EPS. As a group, sell-side analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Insider Activity

In other news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $447.41, for a total value 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 $22,080,578.32. The trade was a 4.82 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.03% of the stock is owned by company insiders.

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.