Regent Peak Wealth Advisors LLC Sells 166 Shares of Microsoft Co. (NASDAQ:MSFT)

Regent Peak Wealth Advisors LLC lessened its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,147 shares of the software giant’s stock after selling 166 shares during the period. Microsoft comprises 2.7% of Regent Peak Wealth Advisors LLC’s holdings, making the stock its 12th biggest holding. Regent Peak Wealth Advisors LLC’s holdings in Microsoft were worth $12,286,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Net Worth Advisory Group bought a new position in shares of Microsoft during the third quarter worth about $2,645,000. Oak Ridge Investments LLC lifted its holdings in Microsoft by 7.6% in the third quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after buying an additional 18,544 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in Microsoft by 1.6% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,975,200 shares of the software giant’s stock valued at $882,816,000 after acquiring an additional 31,401 shares during the last quarter. Jacobs & Co. CA boosted its position in Microsoft by 0.9% during the third quarter. Jacobs & Co. CA now owns 96,021 shares of the software giant’s stock valued at $41,318,000 after acquiring an additional 880 shares during the last quarter. Finally, Focus Financial Network Inc. grew its holdings in Microsoft by 2.0% during the 3rd quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after acquiring an additional 1,489 shares during the period. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Price Performance

NASDAQ:MSFT opened at $396.89 on Friday. The firm has a market capitalization of $2.95 trillion, a price-to-earnings ratio of 31.96, 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 quick ratio of 1.34 and a current ratio of 1.35. The stock has a fifty day moving average of $417.14 and a 200 day moving average of $422.06. Microsoft Co. has a 52-week low of $381.00 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS 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 period in the previous year, the firm posted $2.93 earnings per share. On average, research analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on MSFT. Loop Capital lifted their price objective on shares of Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, December 23rd. Stifel Nicolaus lifted their price target on shares of Microsoft from $475.00 to $515.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Piper Sandler reiterated an “overweight” rating and set a $520.00 price objective on shares of Microsoft in a report on Monday, January 27th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. Finally, Guggenheim reiterated a “neutral” rating on shares of Microsoft in a report on Friday, January 24th. Four equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. Based on data from MarketBeat.com, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus price target of $510.96.

Insider Transactions at Microsoft

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 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 $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 is available through this link. Company insiders own 0.03% of the company’s stock.

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.