Microsoft Co. (NASDAQ:MSFT) Shares Sold by Prairiewood Capital LLC

Prairiewood Capital LLC lowered its position in Microsoft Co. (NASDAQ:MSFT) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,366 shares of the software giant’s stock after selling 156 shares during the period. Microsoft makes up about 0.8% of Prairiewood Capital LLC’s investment portfolio, making the stock its 22nd biggest position. Prairiewood Capital LLC’s holdings in Microsoft were worth $1,840,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MSFT. Net Worth Advisory Group purchased a new position in shares of Microsoft in the third quarter valued at $2,645,000. Oak Ridge Investments LLC grew its stake in Microsoft by 7.6% in the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after acquiring an additional 18,544 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in Microsoft by 1.6% during the 2nd 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 in the last quarter. Jacobs & Co. CA raised 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 worth $41,318,000 after acquiring an additional 880 shares during the last quarter. Finally, Focus Financial Network Inc. lifted its holdings in shares of Microsoft by 2.0% in the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock valued at $32,830,000 after purchasing an additional 1,489 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Stock Performance

NASDAQ MSFT opened at $396.89 on Friday. The business’s 50-day simple moving average is $417.14 and its 200-day simple moving average is $422.06. The firm has a market capitalization of $2.95 trillion, a P/E ratio of 31.96, a P/E/G ratio of 2.21 and a beta of 0.92. Microsoft Co. has a 1-year low of $381.00 and a 1-year high of $468.35. 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 (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating 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 previous year, the business earned $2.93 EPS. Equities analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Insider Buying and Selling

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction dated 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 $22,080,578.32. This trade represents a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.03% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on MSFT. Cantor Fitzgerald restated an “overweight” rating and set a $509.00 price objective on shares of Microsoft in a research report on Wednesday, January 29th. Mizuho cut their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a report on Thursday, January 30th. StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. UBS Group dropped their price objective on Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research report on Thursday, January 30th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a report on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. According to MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and a consensus target price of $510.96.

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.