Rosenblum Silverman Sutton S F Inc. CA Sells 1,019 Shares of Microsoft Co. (NASDAQ:MSFT)

Rosenblum Silverman Sutton S F Inc. CA reduced its position in shares of Microsoft Co. (NASDAQ:MSFT) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,396 shares of the software giant’s stock after selling 1,019 shares during the period. Microsoft makes up about 5.1% of Rosenblum Silverman Sutton S F Inc. CA’s investment portfolio, making the stock its 3rd largest position. Rosenblum Silverman Sutton S F Inc. CA’s holdings in Microsoft were worth $20,399,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of MSFT. Muirfield Wealth Advisors LLC boosted its stake in shares of Microsoft by 0.5% during the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock worth $1,866,000 after acquiring an additional 24 shares during the period. Retirement Financial Solutions LLC boosted its stake in shares of Microsoft by 2.3% during the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant’s stock worth $443,000 after acquiring an additional 24 shares during the period. Boulder Wealth Advisors LLC boosted its stake in shares of Microsoft by 1.0% during the 3rd quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant’s stock worth $1,106,000 after acquiring an additional 25 shares during the period. Sterling Group Wealth Management LLC boosted its stake in shares of Microsoft by 0.5% during the 4th quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant’s stock worth $2,335,000 after acquiring an additional 25 shares during the period. Finally, Kuhn & Co Investment Counsel boosted its stake in shares of Microsoft by 0.8% during the 4th quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant’s stock worth $1,385,000 after acquiring an additional 25 shares during the period. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Analyst Ratings Changes

MSFT has been the subject of several research reports. DA Davidson lifted their price target on Microsoft from $450.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday, May 1st. Morgan Stanley reissued an “overweight” rating on shares of Microsoft in a report on Wednesday, June 4th. Royal Bank of Canada reissued an “outperform” rating and set a $525.00 price target on shares of Microsoft in a report on Friday, May 23rd. Jefferies Financial Group lifted their price target on Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, May 1st. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Microsoft in a report on Wednesday, May 21st. Four analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $513.59.

Microsoft Stock Up 0.5%

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

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share 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 firm had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter last year, the firm earned $2.94 EPS. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. On average, equities research analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Insider Transactions at Microsoft

In related news, EVP Amy Coleman sold 13,243 shares of the business’s stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the transaction, the executive vice president now owns 43,100 shares in the company, valued at $19,481,631. The trade was a 23.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Bradford L. Smith sold 75,000 shares of the business’s stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $436.05, for a total value of $32,703,750.00. Following the completion of the transaction, the insider now owns 476,999 shares in the company, valued at $207,995,413.95. This trade represents a 13.59% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 135,743 shares of company stock valued at $60,224,683. Insiders own 0.03% of the company’s stock.

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.