Prevail Innovative Wealth Advisors LLC Raises Stock Position in Microsoft Co. (NASDAQ:MSFT)

Prevail Innovative Wealth Advisors LLC increased its holdings in Microsoft Co. (NASDAQ:MSFTFree Report) by 12.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,179 shares of the software giant’s stock after purchasing an additional 1,112 shares during the quarter. Microsoft makes up 1.8% of Prevail Innovative Wealth Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Prevail Innovative Wealth Advisors LLC’s holdings in Microsoft were worth $3,828,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. China Universal Asset Management Co. Ltd. lifted its holdings in Microsoft by 9.0% in the third quarter. China Universal Asset Management Co. Ltd. now owns 67,011 shares of the software giant’s stock valued at $21,159,000 after buying an additional 5,530 shares during the period. Leisure Capital Management lifted its holdings in Microsoft by 0.5% in the third quarter. Leisure Capital Management now owns 23,175 shares of the software giant’s stock valued at $7,317,000 after buying an additional 116 shares during the period. Ninepoint Partners LP lifted its holdings in Microsoft by 7.9% in the third quarter. Ninepoint Partners LP now owns 8,966 shares of the software giant’s stock valued at $2,831,000 after buying an additional 653 shares during the period. Arista Wealth Management LLC lifted its holdings in Microsoft by 13.4% in the third quarter. Arista Wealth Management LLC now owns 3,421 shares of the software giant’s stock valued at $1,080,000 after buying an additional 404 shares during the period. Finally, Cook Wealth Management Group LLC lifted its holdings in Microsoft by 65.3% in the third quarter. Cook Wealth Management Group LLC now owns 5,190 shares of the software giant’s stock valued at $1,702,000 after buying an additional 2,050 shares during the period. Institutional investors own 71.13% of the company’s stock.

Insider Buying and Selling

In related news, EVP Judson Althoff sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total value of $10,642,000.00. Following the completion of the transaction, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, EVP Judson Althoff sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total value of $10,642,000.00. Following the completion of the transaction, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CMO Takeshi Numoto sold 244 shares of the firm’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $415.53, for a total transaction of $101,389.32. Following the completion of the transaction, the chief marketing officer now directly owns 47,011 shares of the company’s stock, valued at $19,534,480.83. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,566 shares of company stock valued at $10,877,535. Company insiders own 0.03% of the company’s stock.

Microsoft Stock Up 0.9 %

Microsoft stock opened at $427.87 on Tuesday. Microsoft Co. has a twelve month low of $309.45 and a twelve month high of $433.60. The firm has a 50 day moving average price of $416.26 and a 200-day moving average price of $403.12. The company has a market capitalization of $3.18 trillion, a P/E ratio of 37.05, a P/E/G ratio of 2.24 and a beta of 0.89. The company has a quick ratio of 1.23, a current ratio of 1.24 and a debt-to-equity ratio of 0.17.

Microsoft (NASDAQ:MSFTGet Free Report) last released its earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The firm had revenue of $61.86 billion during the quarter, compared to the consensus estimate of $60.86 billion. During the same period in the prior year, the firm earned $2.45 EPS. The company’s revenue was up 17.0% compared to the same quarter last year. As a group, equities analysts predict that Microsoft Co. will post 11.77 EPS for the current year.

Wall Street Analyst Weigh In

MSFT has been the topic of several research reports. Evercore ISI upped their price objective on shares of Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a report on Friday, April 26th. UBS Group reiterated a “buy” rating and set a $480.00 price objective on shares of Microsoft in a report on Wednesday, April 10th. StockNews.com lowered shares of Microsoft from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. KeyCorp initiated coverage on shares of Microsoft in a report on Thursday, March 21st. They set an “overweight” rating and a $490.00 price objective on the stock. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a report on Friday, May 24th. Three investment analysts have rated the stock with a hold rating and thirty-three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $463.69.

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Microsoft Profile

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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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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