Cambridge Advisors Inc. Has $12.26 Million Position in Microsoft Co. (NASDAQ:MSFT)

Cambridge Advisors Inc. cut its holdings in Microsoft Co. (NASDAQ:MSFT) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,077 shares of the software giant’s stock after selling 931 shares during the quarter. Microsoft accounts for approximately 2.7% of Cambridge Advisors Inc.’s investment portfolio, making the stock its 6th largest position. Cambridge Advisors Inc.’s holdings in Microsoft were worth $12,256,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. BCK Partners Inc. raised its stake in Microsoft by 1.8% in the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock worth $582,000 after acquiring an additional 24 shares during the last quarter. Global Wealth Strategies & Associates lifted its stake in Microsoft by 0.8% in the 3rd quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock valued at $1,290,000 after buying an additional 25 shares in the last quarter. Christopher J. Hasenberg Inc boosted its stake in Microsoft by 35.7% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after purchasing an additional 25 shares during the last quarter. Sequent Asset Management LLC increased its holdings in shares of Microsoft by 1.3% in the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock valued at $853,000 after purchasing an additional 25 shares during the last quarter. Finally, Cypress Point Wealth Management LLC boosted its holdings in Microsoft by 0.8% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock valued at $1,380,000 after purchasing an additional 25 shares during the last quarter. 71.13% of the stock is owned by institutional investors.

Microsoft Stock Down 2.1 %

Shares of NASDAQ:MSFT opened at $388.49 on Tuesday. Microsoft Co. has a 52-week low of $385.58 and a 52-week high of $468.35. The company has a 50 day moving average of $419.75 and a two-hundred day moving average of $422.59. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $2.89 trillion, a price-to-earnings ratio of 31.28, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating 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 last year, the firm earned $2.93 earnings per share. As a group, analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Morgan Stanley lowered their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. UBS Group cut their target price on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. Wedbush reissued an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a report on Tuesday, November 19th. Stifel Nicolaus raised their price target on Microsoft from $475.00 to $515.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Finally, Guggenheim reissued a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Four research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. According to data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus price target of $510.96.

Insider Activity at Microsoft

In related news, CMO Takeshi Numoto sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $437.32, for a total transaction of $874,640.00. Following the completion of the sale, the chief marketing officer now directly owns 51,852 shares in the company, valued at approximately $22,675,916.64. This trade represents a 3.71 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.03% of the company’s stock.

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.