Leeward Financial Partners LLC Purchases 1,534 Shares of Microsoft Co. (NASDAQ:MSFT)

Leeward Financial Partners LLC increased its position in Microsoft Co. (NASDAQ:MSFT) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,938 shares of the software giant’s stock after acquiring an additional 1,534 shares during the period. Microsoft makes up about 6.3% of Leeward Financial Partners LLC’s investment portfolio, making the stock its 3rd biggest position. Leeward Financial Partners LLC’s holdings in Microsoft were worth $17,677,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank acquired a new stake in Microsoft during the 4th quarter valued at $44,343,058,000. Proficio Capital Partners LLC grew its holdings in Microsoft by 34,643.3% during the 4th quarter. Proficio Capital Partners LLC now owns 16,837,278 shares of the software giant’s stock valued at $7,096,913,000 after buying an additional 16,788,816 shares during the last quarter. Vanguard Group Inc. grew its holdings in Microsoft by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant’s stock valued at $288,336,224,000 after buying an additional 10,431,988 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in Microsoft by 76.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant’s stock valued at $4,439,407,000 after buying an additional 4,568,539 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after buying an additional 3,264,648 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Buying and Selling

In other news, insider Bradford L. Smith sold 6,000 shares of the company’s stock in a transaction on Monday, May 5th. The shares were sold at an average price of $433.17, for a total value of $2,599,020.00. Following the completion of the sale, the insider now owns 471,036 shares of the company’s stock, valued at approximately $204,038,664.12. This represents a 1.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Takeshi Numoto sold 3,000 shares of the company’s stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total transaction of $1,389,000.00. Following the completion of the sale, the executive vice president now directly owns 43,930 shares of the company’s stock, valued at $20,339,590. This trade represents a 6.39% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 135,743 shares of company stock valued at $60,224,683. Company insiders own 0.03% of the company’s stock.

Microsoft Stock Up 0.5%

Microsoft stock opened at $472.75 on Tuesday. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $473.43. The stock has a market cap of $3.51 trillion, a PE ratio of 38.06, a price-to-earnings-growth ratio of 2.21 and a beta of 1.03. The firm’s 50-day simple moving average is $419.01 and its 200 day simple moving average is $417.09. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping the consensus estimate of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The business had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. During the same quarter in the previous year, the firm posted $2.94 earnings per share. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. Research analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently issued reports on MSFT. Wedbush restated an “outperform” rating on shares of Microsoft in a report on Wednesday, May 21st. Citigroup raised their price objective on Microsoft from $480.00 to $540.00 and gave the stock a “buy” rating in a report on Thursday, May 15th. Guggenheim restated a “neutral” rating on shares of Microsoft in a report on Thursday, May 1st. Wells Fargo & Company raised their price objective on Microsoft from $500.00 to $515.00 and gave the stock an “overweight” rating in a report on Thursday, May 1st. Finally, TD Securities raised their price objective on Microsoft from $475.00 to $490.00 and gave the stock a “buy” rating in a report on Thursday, May 1st. Four analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company’s stock. According to MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and an average target price of $513.59.

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.