Microsoft Co. (NASDAQ:MSFT) Stake Cut by Enclave Advisors LLC

Enclave Advisors LLC reduced its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 4.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 39,391 shares of the software giant’s stock after selling 1,725 shares during the period. Microsoft makes up 2.7% of Enclave Advisors LLC’s investment portfolio, making the stock its 9th largest holding. Enclave Advisors LLC’s holdings in Microsoft were worth $16,603,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Wall Street Financial Group Inc. grew its position in Microsoft by 15.9% during the 4th quarter. Wall Street Financial Group Inc. now owns 1,912 shares of the software giant’s stock worth $806,000 after purchasing an additional 263 shares during the last quarter. Exchange Bank boosted its holdings in shares of Microsoft by 1.8% in the fourth quarter. Exchange Bank now owns 9,676 shares of the software giant’s stock valued at $4,078,000 after acquiring an additional 169 shares in the last quarter. Atomi Financial Group Inc. boosted its holdings in shares of Microsoft by 38.2% in the fourth quarter. Atomi Financial Group Inc. now owns 86,370 shares of the software giant’s stock valued at $36,405,000 after acquiring an additional 23,868 shares in the last quarter. Great Waters Wealth Management boosted its holdings in shares of Microsoft by 4.4% in the fourth quarter. Great Waters Wealth Management now owns 5,353 shares of the software giant’s stock valued at $2,256,000 after acquiring an additional 225 shares in the last quarter. Finally, Monterey Private Wealth Inc. boosted its holdings in shares of Microsoft by 5.0% in the fourth quarter. Monterey Private Wealth Inc. now owns 14,745 shares of the software giant’s stock valued at $6,215,000 after acquiring an additional 701 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of Microsoft 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 completion of the sale, the chief marketing officer now directly owns 49,352 shares in the company, 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 SEC, which is available through the SEC website. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on MSFT shares. Mizuho lowered their target price on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Stifel Nicolaus lowered their target price on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a report on Friday. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. DA Davidson reiterated a “neutral” rating and issued a $425.00 price objective on shares of Microsoft in a research note on Thursday, January 30th. Finally, Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Four 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, the stock currently has an average rating of “Moderate Buy” and an average price target of $509.54.

Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $393.31 on Friday. The company has a market cap of $2.92 trillion, a PE ratio of 31.67, a price-to-earnings-growth 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 company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The company has a 50-day simple moving average of $416.40 and a 200-day simple moving average of $421.87.

Microsoft (NASDAQ:MSFT) last issued 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 quarter in the prior year, the firm earned $2.93 earnings per share. On average, equities analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

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.