Holistic Financial Partners Increases Stock Position in Microsoft Co. (NASDAQ:MSFT)

Holistic Financial Partners boosted its position in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 3.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,439 shares of the software giant’s stock after purchasing an additional 150 shares during the quarter. Microsoft comprises 1.0% of Holistic Financial Partners’ investment portfolio, making the stock its 17th biggest position. Holistic Financial Partners’ holdings in Microsoft were worth $1,034,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Monumental Financial Group Inc. purchased a new stake in shares of Microsoft during the 1st quarter valued at $28,000. Hanseatic Management Services Inc. grew its holdings in Microsoft by 71.4% in the 3rd quarter. Hanseatic Management Services Inc. now owns 132 shares of the software giant’s stock worth $31,000 after acquiring an additional 55 shares during the last quarter. Morgan Dempsey Capital Management LLC bought a new stake in shares of Microsoft during the 3rd quarter valued at about $82,000. Avondale Wealth Management boosted its stake in shares of Microsoft by 58.6% during the 3rd quarter. Avondale Wealth Management now owns 406 shares of the software giant’s stock valued at $95,000 after purchasing an additional 150 shares in the last quarter. Finally, Grayhawk Investment Strategies Inc. bought a new stake in shares of Microsoft during the 2nd quarter valued at about $104,000. 69.15% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on MSFT. DA Davidson lifted their price target on shares of Microsoft from $280.00 to $325.00 and gave the company a “buy” rating in a research report on Wednesday, February 8th. Wedbush lifted their target price on shares of Microsoft from $280.00 to $290.00 and gave the stock an “outperform” rating in a report on Friday, February 24th. Raymond James decreased their target price on shares of Microsoft from $280.00 to $270.00 and set an “outperform” rating for the company in a report on Wednesday, January 25th. UBS Group set a $250.00 target price on shares of Microsoft in a report on Wednesday, February 8th. Finally, Evercore ISI decreased their target price on shares of Microsoft from $300.00 to $280.00 and set an “outperform” rating for the company in a report on Thursday, January 19th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twenty-seven have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $285.58.

Insider Transactions at Microsoft

In related news, CEO Satya Nadella sold 4,767 shares of the firm’s stock in a transaction on Tuesday, February 28th. The stock was sold at an average price of $248.88, for a total transaction of $1,186,410.96. Following the completion of the sale, the chief executive officer now directly owns 788,625 shares of the company’s stock, valued at approximately $196,272,990. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Microsoft news, CEO Satya Nadella sold 4,767 shares of the stock in a transaction on Tuesday, February 28th. The stock was sold at an average price of $248.88, for a total value of $1,186,410.96. Following the transaction, the chief executive officer now directly owns 788,625 shares in the company, valued at approximately $196,272,990. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Christopher C. Capossela sold 1,000 shares of the stock in a transaction on Monday, February 13th. The shares were sold at an average price of $272.32, for a total value of $272,320.00. Following the completion of the transaction, the chief marketing officer now owns 116,362 shares in the company, valued at $31,687,699.84. The disclosure for this sale can be found here. In the last ninety days, insiders sold 6,767 shares of company stock valued at $1,728,111. Corporate insiders own 0.03% of the company’s stock.

Microsoft Stock Up 0.6 %

Shares of Microsoft stock opened at $256.87 on Tuesday. The stock’s fifty day moving average is $247.58 and its 200-day moving average is $246.07. The firm has a market capitalization of $1.91 trillion, a PE ratio of 28.54, a price-to-earnings-growth ratio of 2.34 and a beta of 0.92. The company has a quick ratio of 1.89, a current ratio of 1.93 and a debt-to-equity ratio of 0.24. Microsoft Co. has a 12-month low of $213.43 and a 12-month high of $315.95.

Microsoft (NASDAQ:MSFT – Get Rating) last issued its earnings results on Tuesday, January 24th. The software giant reported $2.32 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.05. The firm had revenue of $52.75 billion for the quarter, compared to the consensus estimate of $53.17 billion. Microsoft had a return on equity of 39.87% and a net margin of 33.05%. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.48 earnings per share. Equities analysts anticipate that Microsoft Co. will post 9.34 earnings per share for the current year.

About Microsoft

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Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of Office Commercial (Office 365 subscriptions, the Office 365 portion of Microsoft 365 Commercial subscriptions, and Office licensed on-premises), Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, Office Consumer, including Microsoft 365 Consumer subscriptions, Office licensed on-premises, and other Office services, LinkedIn, including Talent Solutions, Marketing Solutions, Premium Subscriptions, Sales Solutions, and Learning Solutions, Dynamics business solutions, including Dynamics 365, comprising a set of intelligent, cloud-based applications across ERP, CRM, Customer Insights, Power Apps, and Power Automate, and on-premises ERP and CRM applications.