Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Orion Investment Co

Orion Investment Co boosted its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 105,914 shares of the software giant’s stock after purchasing an additional 297 shares during the quarter. Microsoft makes up 17.9% of Orion Investment Co’s portfolio, making the stock its biggest holding. Orion Investment Co’s holdings in Microsoft were worth $44,643,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in MSFT. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft in the fourth quarter worth about $38,000. IFS Advisors LLC boosted its position in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after buying an additional 35 shares during the period. Avondale Wealth Management boosted its position in shares of Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after buying an additional 65 shares during the period. Fairway Wealth LLC purchased a new stake in shares of Microsoft in the fourth quarter worth about $62,000. Finally, Sellwood Investment Partners LLC purchased a new stake in shares of Microsoft in the fourth quarter worth about $120,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Trading Up 0.5%

MSFT opened at $472.75 on Tuesday. 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 fifty-two week low of $344.79 and a fifty-two week high of $473.43. The firm has a market capitalization of $3.51 trillion, a PE ratio of 38.06, a P/E/G ratio of 2.21 and a beta of 1.03. The company’s 50-day moving average is $419.01 and its 200 day moving average is $417.09.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $68.54 billion. During the same period in the prior year, the firm posted $2.94 EPS. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. As a group, research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Insider Activity at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 3,000 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total value of $1,389,000.00. Following the sale, the executive vice president now directly owns 43,930 shares in the company, valued at $20,339,590. This represents a 6.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of the firm’s stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the sale, the executive vice president now owns 43,100 shares in the company, valued at approximately $19,481,631. This trade represents a 23.50% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Citigroup increased their price target on Microsoft from $480.00 to $540.00 and gave the company a “buy” rating in a report on Thursday, May 15th. TD Securities increased their price target on Microsoft from $475.00 to $490.00 and gave the company a “buy” rating in a report on Thursday, May 1st. Evercore ISI set a $515.00 price target on Microsoft and gave the company an “outperform” rating in a report on Wednesday, May 21st. Wall Street Zen raised Microsoft from a “hold” rating to a “buy” rating in a report on Thursday, May 22nd. Finally, Benchmark reissued a “buy” rating on shares of Microsoft in a report on Thursday, May 1st. Four research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $513.59.

About Microsoft

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.