Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. increased its stake in Microsoft Co. (NASDAQ:MSFT) by 35.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,028 shares of the software giant’s stock after acquiring an additional 2,632 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Microsoft were worth $4,227,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft in the fourth quarter valued at about $38,000. IFS Advisors LLC grew its holdings in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares during the period. Avondale Wealth Management grew its holdings in shares of Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after purchasing an additional 65 shares during the period. Fairway Wealth LLC purchased a new stake in shares of Microsoft in the fourth quarter valued at about $62,000. Finally, Sellwood Investment Partners LLC purchased a new stake in shares of Microsoft in the fourth quarter valued at about $120,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on MSFT shares. Bank of America decreased their target price on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a research report on Tuesday, April 15th. Westpark Capital reaffirmed a “hold” rating on shares of Microsoft in a research report on Thursday, May 1st. DA Davidson upped their target price on shares of Microsoft from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday, May 1st. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $525.00 target price on shares of Microsoft in a research report on Friday, May 23rd. Finally, Cantor Fitzgerald upped their target price on shares of Microsoft from $502.00 to $512.00 and gave the company an “overweight” rating in a research report on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $513.59.

Insider Buying and Selling

In other news, EVP Kathleen T. Hogan sold 21,500 shares of the stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the sale, the executive vice president now owns 134,888 shares in the company, valued at $61,208,127.76. This represents a 13.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Takeshi Numoto sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was 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 owns 43,930 shares in the company, valued at $20,339,590. This represents a 6.39% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 135,743 shares of company stock valued at $60,224,683 over the last three months. Corporate insiders own 0.03% of the company’s stock.

Microsoft Stock Up 0.5%

MSFT opened at $472.75 on Tuesday. The company has a fifty day moving average price of $419.01 and a 200-day moving average price of $417.09. The firm has a market capitalization of $3.51 trillion, a P/E ratio of 38.06, a price-to-earnings-growth ratio of 2.21 and a beta of 1.03. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a one year low of $344.79 and a one year high of $473.43.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $68.54 billion. During the same period in the prior year, the business posted $2.94 earnings per share. The company’s revenue was up 13.3% on a year-over-year basis. Equities research analysts expect that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

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.