Physician Wealth Advisors Inc. Has $7.09 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Physician Wealth Advisors Inc. raised its stake in Microsoft Co. (NASDAQ:MSFT) by 0.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 15,771 shares of the software giant’s stock after buying an additional 84 shares during the period. Microsoft accounts for 1.3% of Physician Wealth Advisors Inc.’s holdings, making the stock its 20th largest holding. Physician Wealth Advisors Inc.’s holdings in Microsoft were worth $7,089,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Microsoft by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 667,987,038 shares of the software giant’s stock worth $281,035,506,000 after purchasing an additional 3,078,099 shares in the last quarter. Norges Bank acquired a new position in Microsoft during the fourth quarter worth about $35,920,047,000. Capital International Investors grew its stake in shares of Microsoft by 1.0% during the first quarter. Capital International Investors now owns 83,571,070 shares of the software giant’s stock worth $35,160,020,000 after buying an additional 842,884 shares during the last quarter. Jennison Associates LLC grew its position in Microsoft by 1.1% during the 4th quarter. Jennison Associates LLC now owns 25,505,600 shares of the software giant’s stock worth $9,591,126,000 after acquiring an additional 277,881 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its position in Microsoft by 1.6% during the 4th quarter. Fisher Asset Management LLC now owns 25,381,692 shares of the software giant’s stock worth $9,544,532,000 after buying an additional 403,409 shares during the period. Institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of MSFT stock opened at $430.59 on Friday. Microsoft Co. has a fifty-two week low of $309.45 and a fifty-two week high of $468.35. The stock’s 50-day simple moving average is $423.50 and its 200-day simple moving average is $423.25. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.27 and a current ratio of 1.27. The firm has a market capitalization of $3.20 trillion, a price-to-earnings ratio of 37.28, a PEG ratio of 2.14 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last posted 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 firm had revenue of $64.73 billion for the quarter, compared to analysts’ expectations of $64.38 billion. During the same period last year, the firm earned $2.69 EPS. The company’s quarterly revenue was up 15.2% on a year-over-year basis. As a group, equities analysts forecast that Microsoft Co. will post 13.04 earnings per share for the current fiscal year.

Insider Transactions at Microsoft

In other news, insider Bradford L. Smith sold 40,000 shares of Microsoft stock in a transaction on Monday, September 9th. The stock was sold at an average price of $402.59, for a total transaction of $16,103,600.00. Following the transaction, the insider now owns 544,847 shares in the company, valued at approximately $219,349,953.73. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $411.04, for a total transaction of $1,027,600.00. Following the sale, the chief marketing officer now directly owns 50,000 shares of the company’s stock, valued at approximately $20,552,000. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Bradford L. Smith sold 40,000 shares of Microsoft 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 transaction, the insider now owns 544,847 shares of the company’s stock, valued at $219,349,953.73. The disclosure for this sale can be found here. Insiders have sold a total of 190,629 shares of company stock worth $77,916,485 in the last ninety days. Insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on MSFT. Bank of America increased their target price on shares of Microsoft from $480.00 to $510.00 and gave the company a “buy” rating in a research report on Wednesday, July 17th. Morgan Stanley reduced their price objective on shares of Microsoft from $520.00 to $506.00 and set an “overweight” rating for the company in a research report on Wednesday, July 31st. Mizuho boosted their target price 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. Tigress Financial upped their price target on Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a research note on Thursday, June 13th. Finally, TD Cowen upped their price objective on shares of Microsoft from $470.00 to $495.00 and gave the stock a “buy” rating in a report on Thursday, July 18th. 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.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $494.72.

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.