Winthrop Advisory Group LLC Has $11.22 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Winthrop Advisory Group LLC grew its holdings in Microsoft Co. (NASDAQ:MSFT) by 9.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,101 shares of the software giant’s stock after purchasing an additional 2,063 shares during the period. Microsoft comprises approximately 1.5% of Winthrop Advisory Group LLC’s investment portfolio, making the stock its 15th biggest holding. Winthrop Advisory Group LLC’s holdings in Microsoft were worth $11,219,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Neo Ivy Capital Management acquired a new position in shares of Microsoft during the 4th quarter worth approximately $58,000. Richardson Capital Management LLC increased its holdings in Microsoft by 1,290.0% during the first quarter. Richardson Capital Management LLC now owns 139 shares of the software giant’s stock worth $59,000 after buying an additional 129 shares during the last quarter. Bellevue Group AG increased its holdings in Microsoft by 47.5% during the first quarter. Bellevue Group AG now owns 180 shares of the software giant’s stock worth $76,000 after buying an additional 58 shares during the last quarter. Horizon Financial Services LLC bought a new stake in Microsoft during the first quarter worth $80,000. Finally, Cooksen Wealth LLC acquired a new stake in Microsoft in the fourth quarter valued at $86,000. Institutional investors own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on MSFT shares. New Street Research began coverage on shares of Microsoft in a report on Monday, June 10th. They issued a “buy” rating and a $570.00 target price on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a research report on Wednesday, July 31st. Mizuho boosted their target price on Microsoft from $450.00 to $480.00 and gave the stock an “outperform” rating in a report on Tuesday, July 16th. Wedbush reaffirmed an “outperform” rating and set a $550.00 price target on shares of Microsoft in a report on Wednesday, July 31st. Finally, Wells Fargo & Company lifted their price objective on shares of Microsoft from $500.00 to $515.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 31st. Two investment analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $494.72.

Insider Buying and Selling

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of Microsoft 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 transaction, the chief marketing officer now owns 50,000 shares in the company, valued at $20,552,000. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Microsoft news, CEO Satya Nadella sold 14,398 shares of the company’s stock in a transaction dated 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 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 sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CMO Takeshi Numoto sold 2,500 shares of the firm’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 completion of the transaction, the chief marketing officer now owns 50,000 shares of the company’s stock, valued at approximately $20,552,000. The disclosure for this sale can be found here. Insiders sold a total of 190,629 shares of company stock worth $77,916,485 in the last ninety days. 0.03% of the stock is owned by insiders.

Microsoft Price Performance

MSFT stock opened at $430.59 on Friday. The company’s 50-day moving average price is $423.50 and its two-hundred day moving average price is $423.36. The firm has a market cap of $3.20 trillion, a P/E ratio of 37.28, a P/E/G ratio of 2.14 and a beta of 0.90. 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 12 month low of $309.45 and a 12 month high of $468.35.

Microsoft (NASDAQ:MSFT) last announced 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 business had revenue of $64.73 billion during the quarter, compared to the consensus estimate of $64.38 billion. Microsoft had a net margin of 35.96% and a return on equity of 35.95%. The company’s revenue was up 15.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.69 earnings per share. On average, analysts anticipate that Microsoft Co. will post 13.04 earnings per share for the current fiscal year.

About Microsoft

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.