Commons Capital LLC Grows Position in Microsoft Co. (NASDAQ:MSFT)

Commons Capital LLC grew its position in Microsoft Co. (NASDAQ:MSFT) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,325 shares of the software giant’s stock after purchasing an additional 285 shares during the quarter. Microsoft makes up approximately 4.7% of Commons Capital LLC’s portfolio, making the stock its 5th largest holding. Commons Capital LLC’s holdings in Microsoft were worth $5,195,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of MSFT. Christopher J. Hasenberg Inc raised its position in shares of Microsoft by 35.7% in the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after purchasing an additional 25 shares during the period. IFS Advisors LLC raised its position in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares during the period. Quarry LP bought a new position in shares of Microsoft in the second quarter valued at approximately $45,000. Avondale Wealth Management raised its position in shares of Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after purchasing an additional 65 shares during the period. Finally, MidAtlantic Capital Management Inc. bought a new position in shares of Microsoft in the third quarter valued at approximately $62,000. Institutional investors own 71.13% of the company’s stock.

Analyst Ratings Changes

MSFT has been the topic of several research analyst reports. StockNews.com downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Loop Capital raised their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. Stifel Nicolaus lowered their price objective on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating on the stock in a research note on Friday. Cantor Fitzgerald restated an “overweight” rating and issued a $509.00 price objective on shares of Microsoft in a research note on Wednesday, January 29th. Finally, Guggenheim restated 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 issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $509.54.

Insiders Place Their Bets

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was 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 of the company’s stock, valued at approximately $22,080,578.32. The trade was a 4.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

Microsoft stock opened at $393.31 on Friday. The stock has a 50-day simple moving average of $416.40 and a 200 day simple moving average of $421.87. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 12-month low of $381.00 and a 12-month high of $468.35. The stock has a market capitalization of $2.92 trillion, a price-to-earnings ratio of 31.67, a P/E/G ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period in the previous year, the business earned $2.93 earnings per share. On average, research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal 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.