Integrity Alliance LLC. grew its holdings in shares of Microsoft Corporation (NASDAQ:MSFT – Free Report) by 363.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 96,510 shares of the software giant’s stock after buying an additional 75,681 shares during the quarter. Microsoft accounts for about 1.4% of Integrity Alliance LLC.’s investment portfolio, making the stock its 12th biggest position. Integrity Alliance LLC.’s holdings in Microsoft were worth $36,229,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Brady Martz Wealth Solutions LLC grew its stake in shares of Microsoft by 1.4% during the first quarter. Brady Martz Wealth Solutions LLC now owns 6,650 shares of the software giant’s stock valued at $2,496,000 after buying an additional 95 shares during the last quarter. Strategic Financial Services Inc. grew its stake in shares of Microsoft by 7.8% during the fourth quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant’s stock valued at $7,345,000 after buying an additional 1,268 shares during the last quarter. Elevate Wealth Advisory Inc. boosted its holdings in shares of Microsoft by 147.9% in the fourth quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant’s stock valued at $737,000 after purchasing an additional 1,043 shares during the period. Intellus Advisors LLC purchased a new stake in shares of Microsoft in the fourth quarter valued at approximately $16,075,000. Finally, Meridian Wealth Advisors LLC boosted its holdings in shares of Microsoft by 3.8% in the fourth quarter. Meridian Wealth Advisors LLC now owns 54,910 shares of the software giant’s stock valued at $23,144,000 after purchasing an additional 2,014 shares during the period. Institutional investors own 71.13% of the company’s stock.
Microsoft Stock Up 1.8%
Microsoft stock opened at $509.90 on Friday. The business has a fifty day moving average of $510.55 and a two-hundred day moving average of $454.19. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.12. The firm has a market cap of $3.79 trillion, a P/E ratio of 37.38, a P/E/G ratio of 2.19 and a beta of 1.04. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $555.45.
Insider Buying and Selling at Microsoft
In other news, EVP Takeshi Numoto sold 4,850 shares of the stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total transaction of $2,557,502.00. Following the completion of the sale, the executive vice president owned 39,111 shares in the company, valued at approximately $20,624,012.52. This represents a 11.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Satya Nadella sold 149,205 shares of the stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $504.78, for a total value of $75,315,699.90. Following the sale, the chief executive officer owned 790,852 shares of the company’s stock, valued at approximately $399,206,272.56. This represents a 15.87% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company’s stock.
Analyst Ratings Changes
MSFT has been the subject of a number of research reports. Evercore ISI boosted their price target on Microsoft from $515.00 to $545.00 and gave the company an “outperform” rating in a report on Friday, July 25th. Bank of America boosted their price target on Microsoft from $585.00 to $640.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Stifel Nicolaus boosted their price target on Microsoft from $500.00 to $550.00 and gave the company a “buy” rating in a report on Monday, July 28th. TD Cowen boosted their price target on Microsoft from $580.00 to $640.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Finally, Scotiabank boosted their price target on Microsoft from $500.00 to $650.00 and gave the company a “sector outperform” rating in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Microsoft presently has a consensus rating of “Moderate Buy” and an average target price of $612.54.
Read Our Latest Stock Analysis on Microsoft
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.
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