Baron Silver Stevens Financial Advisors LLC Sells 758 Shares of Microsoft Co. (NASDAQ:MSFT)

Baron Silver Stevens Financial Advisors LLC cut its position in Microsoft Co. (NASDAQ:MSFT) by 5.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,340 shares of the software giant’s stock after selling 758 shares during the period. Microsoft accounts for approximately 1.1% of Baron Silver Stevens Financial Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. Baron Silver Stevens Financial Advisors LLC’s holdings in Microsoft were worth $5,962,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Norges Bank purchased a new position in Microsoft during the fourth quarter worth about $35,920,047,000. Vanguard Group Inc. lifted its position in Microsoft by 2.4% during the fourth quarter. Vanguard Group Inc. now owns 664,908,939 shares of the software giant’s stock valued at $250,032,357,000 after purchasing an additional 15,701,937 shares during the last quarter. Swedbank AB purchased a new stake in Microsoft during the first quarter valued at about $5,587,119,000. TCI Fund Management Ltd. purchased a new position in shares of Microsoft during the fourth quarter worth approximately $4,000,376,000. Finally, Canada Pension Plan Investment Board raised its stake in shares of Microsoft by 77.6% during the first quarter. Canada Pension Plan Investment Board now owns 6,281,925 shares of the software giant’s stock worth $2,642,931,000 after acquiring an additional 2,744,900 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Microsoft Price Performance

NASDAQ:MSFT opened at $430.59 on Monday. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.16. Microsoft Co. has a 52 week low of $309.45 and a 52 week high of $468.35. The stock’s 50-day moving average price is $423.50 and its 200-day moving average price is $423.47. The stock has a market capitalization of $3.20 trillion, a PE ratio of 37.28, a price-to-earnings-growth ratio of 2.14 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Tuesday, July 30th. The software giant reported $2.95 EPS for the quarter, beating the consensus estimate of $2.90 by $0.05. The firm had revenue of $64.73 billion during the quarter, compared to the consensus estimate of $64.38 billion. Microsoft had a return on equity of 35.95% and a net margin of 35.96%. The firm’s revenue was up 15.2% compared to the same quarter last year. During the same period in the prior year, the company earned $2.69 EPS. As a group, equities analysts expect that Microsoft Co. will post 13.04 EPS for the current fiscal year.

Insider Activity

In other Microsoft news, CEO Satya Nadella sold 14,398 shares of Microsoft stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $417.41, for a total value of $6,009,869.18. Following the sale, the chief executive officer now owns 786,933 shares in the company, valued at $328,473,703.53. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $411.04, for a total value of $1,027,600.00. Following the sale, the chief marketing officer now owns 50,000 shares of the company’s stock, valued at approximately $20,552,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Satya Nadella sold 14,398 shares of Microsoft stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $417.41, for a total value of $6,009,869.18. Following the completion of the transaction, the chief executive officer now owns 786,933 shares of the company’s stock, valued at approximately $328,473,703.53. The disclosure for this sale can be found here. In the last quarter, insiders have sold 190,629 shares of company stock valued at $77,916,485. 0.03% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Truist Financial reaffirmed a “buy” rating and issued a $600.00 target price on shares of Microsoft in a research note on Monday, June 17th. UBS Group cut their target price on shares of Microsoft from $520.00 to $510.00 and set a “buy” rating for the company in a research report on Wednesday, July 31st. Mizuho lifted their price objective on shares of Microsoft from $450.00 to $480.00 and gave the company an “outperform” rating in a research report on Tuesday, July 16th. Royal Bank of Canada reissued an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a research note on Wednesday, July 31st. Finally, BMO Capital Markets lifted their price target on shares of Microsoft from $465.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, July 12th. Two equities research analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus 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.