Intellectus Partners LLC Has $8.08 Million Position in Microsoft Co. (NASDAQ:MSFT)

Intellectus Partners LLC lessened its stake in Microsoft Co. (NASDAQ:MSFT) by 10.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,070 shares of the software giant’s stock after selling 2,136 shares during the period. Microsoft makes up approximately 2.2% of Intellectus Partners LLC’s holdings, making the stock its 7th largest position. Intellectus Partners LLC’s holdings in Microsoft were worth $8,076,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Bayesian Capital Management LP boosted its stake in shares of Microsoft by 60.1% during the 4th quarter. Bayesian Capital Management LP now owns 48,500 shares of the software giant’s stock worth $18,238,000 after acquiring an additional 18,200 shares during the last quarter. Warren Street Wealth Advisors LLC boosted its stake in shares of Microsoft by 16.5% during the 4th quarter. Warren Street Wealth Advisors LLC now owns 6,767 shares of the software giant’s stock worth $2,545,000 after acquiring an additional 956 shares during the last quarter. Czech National Bank boosted its stake in shares of Microsoft by 0.4% during the 1st quarter. Czech National Bank now owns 1,307,487 shares of the software giant’s stock worth $550,086,000 after acquiring an additional 5,253 shares during the last quarter. True Link Financial Advisors LLC boosted its stake in shares of Microsoft by 296.7% during the 1st quarter. True Link Financial Advisors LLC now owns 3,027 shares of the software giant’s stock worth $1,274,000 after acquiring an additional 2,264 shares during the last quarter. Finally, United Advisor Group LLC purchased a new position in shares of Microsoft during the 4th quarter worth $9,538,000. Institutional investors own 71.13% of the company’s stock.

Insider Transactions at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $411.04, for a total value of $1,027,600.00. Following the completion of the transaction, the chief marketing officer now directly owns 50,000 shares of the company’s stock, valued at approximately $20,552,000. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, CEO Satya Nadella sold 14,398 shares of the company’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $417.41, for a total transaction of $6,009,869.18. Following the transaction, the chief executive officer now directly owns 786,933 shares of the company’s stock, valued at approximately $328,473,703.53. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $411.04, for a total value of $1,027,600.00. Following the transaction, the chief marketing officer now directly owns 50,000 shares in the company, valued at $20,552,000. The disclosure for this sale can be found here. In the last three months, insiders sold 190,629 shares of company stock valued at $77,916,485. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Wells Fargo & Company lifted their target price on shares of Microsoft from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Wednesday, July 31st. TD Cowen raised their price objective on Microsoft from $470.00 to $495.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. Citigroup decreased their target price on Microsoft from $520.00 to $500.00 and set a “buy” rating on the stock in a research report on Wednesday, July 31st. Tigress Financial raised their price target on Microsoft from $475.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, June 13th. Finally, BMO Capital Markets lifted their price objective on Microsoft from $465.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, July 12th. Two research analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the stock. Based on data from MarketBeat, Microsoft has an average rating of “Moderate Buy” and an average target price of $494.72.

Microsoft Price Performance

Shares of MSFT stock opened at $431.34 on Tuesday. Microsoft Co. has a twelve month low of $309.45 and a twelve month high of $468.35. The stock has a market capitalization of $3.21 trillion, a price-to-earnings ratio of 37.35, a P/E/G ratio of 2.14 and a beta of 0.90. The stock has a fifty day simple moving average of $422.80 and a two-hundred day simple moving average of $423.60. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.16.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Tuesday, July 30th. The software giant reported $2.95 earnings per share for the quarter, topping the consensus estimate of $2.90 by $0.05. Microsoft had a return on equity of 35.95% and a net margin of 35.96%. The business had revenue of $64.73 billion during the quarter, compared to analysts’ expectations of $64.38 billion. During the same period in the prior year, the business earned $2.69 EPS. The business’s revenue for the quarter was up 15.2% compared to the same quarter last year. On average, analysts predict that Microsoft Co. will post 13.04 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.