Bourgeon Capital Management LLC Buys 2,059 Shares of Microsoft Co. (NASDAQ:MSFT)

Bourgeon Capital Management LLC increased its stake in Microsoft Co. (NASDAQ:MSFT) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 54,848 shares of the software giant’s stock after acquiring an additional 2,059 shares during the period. Microsoft makes up 4.3% of Bourgeon Capital Management LLC’s investment portfolio, making the stock its 2nd largest position. Bourgeon Capital Management LLC’s holdings in Microsoft were worth $23,118,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MSFT. BCK Partners Inc. lifted its holdings in Microsoft by 1.8% in the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock worth $582,000 after purchasing an additional 24 shares during the period. Global Wealth Strategies & Associates lifted its holdings in Microsoft by 0.8% in the third quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock worth $1,290,000 after purchasing an additional 25 shares during the period. Christopher J. Hasenberg Inc lifted its holdings in Microsoft by 35.7% in the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after purchasing an additional 25 shares during the period. Sequent Asset Management LLC lifted its holdings in Microsoft by 1.3% in the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after purchasing an additional 25 shares during the period. Finally, Cypress Point Wealth Management LLC lifted its holdings in Microsoft by 0.8% in the third quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock worth $1,380,000 after purchasing an additional 25 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on MSFT. UBS Group reduced their price objective on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a report on Thursday, January 30th. Cantor Fitzgerald reissued an “overweight” rating and issued a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th. Stifel Nicolaus cut their price target on shares of Microsoft from $515.00 to $475.00 and set a “buy” rating for the company in a report on Friday. Wedbush reissued an “outperform” rating and issued a $550.00 price target on shares of Microsoft in a report on Tuesday, November 19th. Finally, Piper Sandler reissued an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a report on Monday, January 27th. Four analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $509.54.

Insider Activity at Microsoft

In related news, CMO Takeshi Numoto sold 2,500 shares of the business’s 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. The trade was a 4.82 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.03% of the stock is currently owned by company insiders.

Microsoft Price Performance

Shares of MSFT opened at $393.31 on Friday. The company 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 Co. has a fifty-two week low of $381.00 and a fifty-two week 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 business’s 50-day moving average is $416.40 and its 200-day moving average is $421.87.

Microsoft (NASDAQ:MSFT) last issued its 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 return on equity of 33.36% and a net margin of 35.43%. During the same period in the prior year, the business posted $2.93 EPS. Equities research analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

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.