Proquility Private Wealth Partners LLC Purchases 131 Shares of Microsoft Co. (NASDAQ:MSFT)

Proquility Private Wealth Partners LLC raised its position in shares of Microsoft Co. (NASDAQ:MSFT) by 1.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,611 shares of the software giant’s stock after purchasing an additional 131 shares during the quarter. Proquility Private Wealth Partners LLC’s holdings in Microsoft were worth $3,208,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Bourgeon Capital Management LLC grew its stake in shares of Microsoft by 3.9% during the 4th quarter. Bourgeon Capital Management LLC now owns 54,848 shares of the software giant’s stock valued at $23,118,000 after acquiring an additional 2,059 shares during the period. Aspire Private Capital LLC grew its stake in shares of Microsoft by 11.0% during the 4th quarter. Aspire Private Capital LLC now owns 9,880 shares of the software giant’s stock valued at $4,164,000 after acquiring an additional 977 shares during the period. Tide Cove Capital Partners LLC bought a new position in shares of Microsoft during the 4th quarter valued at approximately $12,364,000. Commons Capital LLC grew its stake in shares of Microsoft by 2.4% during the 4th quarter. Commons Capital LLC now owns 12,325 shares of the software giant’s stock valued at $5,195,000 after acquiring an additional 285 shares during the period. Finally, Mitsubishi UFJ Asset Management UK Ltd. grew its stake in shares of Microsoft by 66.5% during the 4th quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 25,800 shares of the software giant’s stock valued at $10,875,000 after acquiring an additional 10,300 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of recent research reports. Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research note on Friday, January 24th. Royal Bank of Canada restated an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research note on Thursday, January 30th. DA Davidson restated a “neutral” rating and issued a $425.00 price target on shares of Microsoft in a research note on Thursday, January 30th. Piper Sandler restated an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a research note on Monday, January 27th. Finally, Morgan Stanley dropped their price target on Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research note on Thursday, January 30th. Four equities research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $509.54.

Microsoft Stock Performance

NASDAQ:MSFT opened at $393.31 on Friday. The stock’s fifty day moving average is $416.40 and its 200 day moving average is $421.87. Microsoft Co. has a fifty-two week low of $381.00 and a fifty-two week high of $468.35. The firm has a market capitalization of $2.92 trillion, a PE ratio of 31.67, a PEG 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.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating the consensus estimate 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 quarter last year, the firm posted $2.93 EPS. On average, sell-side analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction 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 transaction, the chief marketing officer now owns 49,352 shares of the company’s stock, valued at $22,080,578.32. This represents a 4.82 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.03% of the stock is currently owned by corporate insiders.

Microsoft Company 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.