Microsoft Co. (NASDAQ:MSFT) Shares Bought by True Link Financial Advisors LLC

True Link Financial Advisors LLC raised its position in Microsoft Co. (NASDAQ:MSFT) by 18.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,829 shares of the software giant’s stock after acquiring an additional 585 shares during the period. Microsoft makes up approximately 0.1% of True Link Financial Advisors LLC’s holdings, making the stock its 20th biggest holding. True Link Financial Advisors LLC’s holdings in Microsoft were worth $1,614,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. BlueSky Wealth Advisors LLC lifted its stake in shares of Microsoft by 2.6% during the fourth quarter. BlueSky Wealth Advisors LLC now owns 2,393 shares of the software giant’s stock worth $1,008,000 after buying an additional 61 shares during the period. Strong Tower Advisory Services increased its holdings in Microsoft by 2.1% in the fourth quarter. Strong Tower Advisory Services now owns 31,732 shares of the software giant’s stock valued at $13,375,000 after buying an additional 662 shares in the last quarter. Wealth Management Partners LLC increased its holdings in Microsoft by 1.5% in the fourth quarter. Wealth Management Partners LLC now owns 22,944 shares of the software giant’s stock valued at $9,671,000 after buying an additional 339 shares in the last quarter. Sarasin & Partners LLP increased its stake in shares of Microsoft by 33.5% during the fourth quarter. Sarasin & Partners LLP now owns 1,977,464 shares of the software giant’s stock worth $833,501,000 after purchasing an additional 496,086 shares in the last quarter. Finally, Community Bank of Raymore increased its stake in shares of Microsoft by 19.1% during the fourth quarter. Community Bank of Raymore now owns 5,341 shares of the software giant’s stock worth $2,251,000 after purchasing an additional 857 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Stock Up 3.2 %

Shares of NASDAQ:MSFT opened at $401.02 on Thursday. Microsoft Co. has a 1-year low of $381.00 and a 1-year high of $468.35. The stock has a market cap of $2.98 trillion, a P/E ratio of 32.29, a P/E/G ratio of 2.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The firm has a fifty day moving average price of $417.97 and a 200 day moving average price of $422.24.

Microsoft (NASDAQ:MSFT) last released 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 net margin of 35.43% and a return on equity of 33.36%. During the same period in the previous year, the firm posted $2.93 earnings per share. Sell-side analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Insider Activity

In other news, CMO Takeshi Numoto sold 2,500 shares of the stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $447.41, for a total value of $1,118,525.00. Following the completion of the transaction, the chief marketing officer now 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 document filed with the SEC, which is available through this hyperlink. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Loop Capital boosted their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. Cantor Fitzgerald reiterated an “overweight” rating and issued a $509.00 target price on shares of Microsoft in a report on Wednesday, January 29th. DA Davidson restated a “neutral” rating and issued a $425.00 price objective on shares of Microsoft in a report on Thursday, January 30th. Guggenheim reaffirmed a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Finally, StockNews.com downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Four equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $510.96.

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.