Microsoft Co. (NASDAQ:MSFT) Shares Sold by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC lowered its position in shares of Microsoft Co. (NASDAQ:MSFT) by 3.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,593 shares of the software giant’s stock after selling 1,031 shares during the quarter. Microsoft comprises 3.8% of Uncommon Cents Investing LLC’s holdings, making the stock its biggest position. Uncommon Cents Investing LLC’s holdings in Microsoft were worth $12,895,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Christopher J. Hasenberg Inc raised its stake in 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 purchasing an additional 25 shares in the last quarter. IFS Advisors LLC raised its stake in 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 purchasing an additional 35 shares in the last quarter. Quarry LP acquired a new position in Microsoft in the second quarter valued at about $45,000. Avondale Wealth Management raised its stake in 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 purchasing an additional 65 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. bought a new position in Microsoft in the third quarter valued at about $62,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction that occurred on 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 approximately $22,080,578.32. The trade was a 4.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.03% of the company’s stock.

Microsoft Price Performance

Shares of MSFT opened at $401.02 on Thursday. Microsoft Co. has a 52-week low of $381.00 and a 52-week high of $468.35. 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 business’s 50 day moving average price is $417.97 and its two-hundred day moving average price is $422.24. The firm has a market cap of $2.98 trillion, a PE ratio of 32.29, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (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 period last year, the firm earned $2.93 EPS. On average, equities analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on MSFT shares. UBS Group decreased 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 reiterated an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a research report on Tuesday, November 19th. Mizuho decreased their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Piper Sandler reiterated an “overweight” rating and issued a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $510.96.

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.