Microsoft Co. (NASDAQ:MSFT) Holdings Decreased by Mountain Pacific Investment Advisers LLC

Mountain Pacific Investment Advisers LLC reduced its holdings in Microsoft Co. (NASDAQ:MSFT) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,470 shares of the software giant’s stock after selling 150 shares during the period. Mountain Pacific Investment Advisers LLC’s holdings in Microsoft were worth $5,256,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. BCK Partners Inc. grew its stake in Microsoft by 1.8% during the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock worth $582,000 after buying an additional 24 shares during the last quarter. Global Wealth Strategies & Associates raised its stake in shares of Microsoft by 0.8% in the third quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock valued at $1,290,000 after acquiring an additional 25 shares during the last quarter. Christopher J. Hasenberg Inc boosted its holdings in shares of 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 acquiring an additional 25 shares in the last quarter. Sequent Asset Management LLC grew its position in Microsoft by 1.3% during the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after acquiring an additional 25 shares during the last quarter. Finally, Cypress Point Wealth Management LLC increased its holdings in Microsoft by 0.8% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock valued at $1,380,000 after purchasing an additional 25 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Stifel Nicolaus boosted their price objective on Microsoft from $475.00 to $515.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Morgan Stanley reduced their price target on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Guggenheim restated a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. UBS Group reduced their target price on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. Finally, Wedbush reissued an “outperform” rating and set a $550.00 price target on shares of Microsoft in a research note on Tuesday, November 19th. Four equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. Based on data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and an average price target of $510.96.

Microsoft Stock Performance

Shares of MSFT opened at $396.89 on Friday. The stock has a market capitalization of $2.95 trillion, a price-to-earnings ratio of 31.96, a PEG ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 12 month low of $381.00 and a 12 month high of $468.35. The firm has a fifty day simple moving average of $417.14 and a 200 day simple moving average of $422.06. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data 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 quarter in the prior year, the business posted $2.93 earnings per share. Research analysts forecast that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Insider Buying and Selling at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of the 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 completion of the sale, the chief marketing officer now owns 49,352 shares of the company’s stock, valued at approximately $22,080,578.32. This represents a 4.82 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate 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.