Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. boosted its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 67,695 shares of the software giant’s stock after buying an additional 496 shares during the quarter. Microsoft accounts for about 2.9% of Bridgewater Advisors Inc.’s investment portfolio, making the stock its 11th largest position. Bridgewater Advisors Inc.’s holdings in Microsoft were worth $28,139,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Christopher J. Hasenberg Inc grew its position 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 in the last quarter. IFS Advisors LLC grew its position in Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after purchasing an additional 35 shares in the last quarter. Quarry LP purchased a new position in Microsoft during the 2nd quarter worth approximately $45,000. Avondale Wealth Management grew its position in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after purchasing an additional 65 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. purchased a new position in Microsoft during the 3rd quarter worth approximately $62,000. Institutional investors and hedge funds 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 dated 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 transaction, the chief marketing officer now owns 49,352 shares in the company, valued at approximately $22,080,578.32. The trade was a 4.82 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.03% of the company’s stock.

Microsoft Stock Up 3.2 %

Microsoft stock opened at $401.02 on Thursday. The firm has a market cap of $2.98 trillion, a price-to-earnings 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. Microsoft Co. has a fifty-two week low of $381.00 and a fifty-two week high of $468.35. The firm has a fifty day moving average price of $417.97 and a two-hundred 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 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 business posted $2.93 earnings per share. As a group, analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MSFT. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a research report on Thursday, January 30th. Loop Capital lifted their price objective 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 set a $509.00 price objective on shares of Microsoft in a research report on Wednesday, January 29th. Guggenheim restated a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Finally, Morgan Stanley lowered their price target on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. Based on data from MarketBeat, Microsoft currently has an average rating of “Moderate Buy” and an average 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.