Microsoft Co. (NASDAQ:MSFT) Position Trimmed by Wilsey Asset Management Inc.

Wilsey Asset Management Inc. reduced its position in Microsoft Co. (NASDAQ:MSFT) by 0.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 111,406 shares of the software giant’s stock after selling 50 shares during the period. Microsoft comprises about 10.5% of Wilsey Asset Management Inc.’s portfolio, making the stock its biggest holding. Wilsey Asset Management Inc.’s holdings in Microsoft were worth $49,793,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Bayesian Capital Management LP raised its position in shares of Microsoft by 60.1% in the fourth quarter. Bayesian Capital Management LP now owns 48,500 shares of the software giant’s stock valued at $18,238,000 after buying an additional 18,200 shares during the last quarter. Warren Street Wealth Advisors LLC boosted its stake in Microsoft by 16.5% during the fourth quarter. Warren Street Wealth Advisors LLC now owns 6,767 shares of the software giant’s stock worth $2,545,000 after buying an additional 956 shares during the period. Czech National Bank lifted its position in shares of Microsoft by 0.4% during the first quarter. Czech National Bank now owns 1,307,487 shares of the software giant’s stock worth $550,086,000 after purchasing an additional 5,253 shares in the last quarter. True Link Financial Advisors LLC raised its holdings in Microsoft by 296.7% in the first quarter. True Link Financial Advisors LLC now owns 3,027 shares of the software giant’s stock valued at $1,274,000 after acquiring an additional 2,264 shares in the last quarter. Finally, United Advisor Group LLC acquired a new stake in Microsoft in the fourth quarter valued at approximately $9,538,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Price Performance

Microsoft stock opened at $430.59 on Friday. The company has a market cap of $3.20 trillion, a price-to-earnings ratio of 37.28, a PEG ratio of 2.14 and a beta of 0.90. The business’s 50 day simple moving average is $423.50 and its 200 day simple moving average is $423.36. Microsoft Co. has a 12 month low of $309.45 and a 12 month high of $468.35. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.16.

Microsoft (NASDAQ:MSFT) last released its earnings results on Tuesday, July 30th. The software giant reported $2.95 EPS for the quarter, beating analysts’ consensus estimates of $2.90 by $0.05. Microsoft had a return on equity of 35.95% and a net margin of 35.96%. The business had revenue of $64.73 billion for the quarter, compared to analysts’ expectations of $64.38 billion. During the same quarter in the prior year, the firm earned $2.69 earnings per share. The firm’s revenue was up 15.2% on a year-over-year basis. Sell-side analysts forecast that Microsoft Co. will post 13.04 EPS for the current year.

Insider Transactions at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $402.59, for a total transaction of $16,103,600.00. Following the completion of the transaction, the insider now owns 544,847 shares of the company’s stock, valued at $219,349,953.73. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Bradford L. Smith sold 40,000 shares of the stock in a transaction on Monday, September 9th. The shares were sold at an average price of $402.59, for a total value of $16,103,600.00. Following the completion of the sale, the insider now directly owns 544,847 shares of the company’s stock, valued at $219,349,953.73. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Satya Nadella sold 78,353 shares of the firm’s stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $408.63, for a total transaction of $32,017,386.39. Following the transaction, the chief executive officer now directly owns 864,327 shares of the company’s stock, valued at $353,189,942.01. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 190,629 shares of company stock worth $77,916,485. Company insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Mizuho raised their target price on shares of Microsoft from $450.00 to $480.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 16th. Tigress Financial lifted their price target on Microsoft from $475.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, June 13th. Argus boosted their target price on Microsoft from $475.00 to $526.00 and gave the stock a “buy” rating in a report on Tuesday, July 9th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a research report on Wednesday, July 31st. Finally, Oppenheimer upped their price target on Microsoft from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, June 7th. Two equities research analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $494.72.

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.