C M Bidwell & Associates Ltd. Sells 294 Shares of Microsoft Co. (NASDAQ:MSFT)

C M Bidwell & Associates Ltd. lessened its stake in shares of Microsoft Co. (NASDAQ:MSFT – Get Rating) by 4.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,682 shares of the software giant’s stock after selling 294 shares during the period. Microsoft comprises approximately 1.1% of C M Bidwell & Associates Ltd.’s investment portfolio, making the stock its 21st biggest holding. C M Bidwell & Associates Ltd.’s holdings in Microsoft were worth $1,323,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of MSFT. Aaron Wealth Advisors LLC grew its holdings in Microsoft by 35,465.9% during the 1st quarter. Aaron Wealth Advisors LLC now owns 20,611,140 shares of the software giant’s stock worth $66,852,000 after acquiring an additional 20,553,188 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Microsoft by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 621,598,157 shares of the software giant’s stock worth $191,644,927,000 after purchasing an additional 5,648,095 shares during the period. Bishop Rock Capital L.P. boosted its stake in shares of Microsoft by 11,434.2% during the second quarter. Bishop Rock Capital L.P. now owns 5,460,976 shares of the software giant’s stock valued at $21,263,000 after purchasing an additional 5,413,630 shares in the last quarter. Renaissance Technologies LLC purchased a new position in Microsoft during the second quarter valued at approximately $981,125,000. Finally, Swiss National Bank raised its stake in Microsoft by 13.8% in the first quarter. Swiss National Bank now owns 30,893,155 shares of the software giant’s stock worth $9,524,669,000 after buying an additional 3,757,500 shares in the last quarter. Hedge funds and other institutional investors own 69.15% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MSFT. Wedbush lifted their price target on Microsoft from $280.00 to $290.00 and gave the company an “outperform” rating in a report on Friday, February 24th. Wolfe Research cut their target price on Microsoft from $280.00 to $265.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 25th. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Friday, January 27th. Cowen cut their price objective on shares of Microsoft from $285.00 to $280.00 and set an “outperform” rating on the stock in a research report on Thursday, January 19th. Finally, The Goldman Sachs Group set a $315.00 target price on shares of Microsoft in a research report on Wednesday, January 25th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twenty-seven have assigned a buy rating to the company. According to data from MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and a consensus price target of $285.58.

Insiders Place Their Bets

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

Microsoft Stock Up 2.1 %

Shares of MSFT stock opened at $253.92 on Tuesday. Microsoft Co. has a twelve month low of $213.43 and a twelve month high of $315.95. The stock has a market cap of $1.89 trillion, a P/E ratio of 28.21, a P/E/G ratio of 2.28 and a beta of 0.92. The stock has a 50 day moving average of $248.99 and a 200 day moving average of $245.14. The company has a current ratio of 1.93, a quick ratio of 1.89 and a debt-to-equity ratio of 0.24.

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

Microsoft Company Profile

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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.