Cadinha & Co. LLC Boosts Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Cadinha & Co. LLC boosted its position in Microsoft Co. (NASDAQ:MSFT) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 53,524 shares of the software giant’s stock after purchasing an additional 368 shares during the period. Microsoft comprises approximately 3.7% of Cadinha & Co. LLC’s portfolio, making the stock its 10th biggest holding. Cadinha & Co. LLC’s holdings in Microsoft were worth $22,560,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Christopher J. Hasenberg Inc boosted its stake in Microsoft by 35.7% in 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 period. Quarry LP bought a new stake in Microsoft in the second quarter worth $45,000. IFS Advisors LLC grew its holdings in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after purchasing an additional 35 shares during the last quarter. Avondale Wealth Management boosted its holdings in shares of Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after purchasing an additional 65 shares during the period. Finally, MidAtlantic Capital Management Inc. purchased a new stake in Microsoft in the third quarter worth $62,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Buying and Selling

In related news, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction on 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 sale, the chief marketing officer now directly owns 49,352 shares in the company, valued at $22,080,578.32. This trade represents a 4.82 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is currently owned by corporate insiders.

Microsoft Trading Down 2.1 %

Shares of Microsoft stock opened at $388.49 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The company has a market cap of $2.89 trillion, a P/E ratio of 31.28, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90. The firm has a 50-day simple moving average of $419.75 and a two-hundred day simple moving average of $422.59. Microsoft Co. has a fifty-two week low of $385.58 and a fifty-two week high of $468.35.

Microsoft (NASDAQ:MSFT) last posted 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 last year, the firm earned $2.93 EPS. As a group, equities analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on MSFT shares. DA Davidson restated a “neutral” rating and set a $425.00 price target on shares of Microsoft in a research report on Thursday, January 30th. UBS Group dropped their price target on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. Mizuho lowered their price objective on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Wedbush reiterated an “outperform” rating and set a $550.00 target price on shares of Microsoft in a research report on Tuesday, November 19th. Finally, Loop Capital increased their price target on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a report on Monday, December 23rd. Four investment analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. According to MarketBeat, Microsoft has an average rating of “Moderate Buy” and an average price target of $510.96.

Microsoft 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.