Microsoft Co. (NASDAQ:MSFT) Holdings Raised by Meadow Creek Wealth Advisors LLC

Meadow Creek Wealth Advisors LLC lifted its position in shares of Microsoft Co. (NASDAQ:MSFT) by 5.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,453 shares of the software giant’s stock after acquiring an additional 566 shares during the quarter. Microsoft accounts for about 4.8% of Meadow Creek Wealth Advisors LLC’s holdings, making the stock its 4th biggest position. Meadow Creek Wealth Advisors LLC’s holdings in Microsoft were worth $5,119,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Flynn Zito Capital Management LLC lifted its stake in Microsoft by 0.9% in the 4th quarter. Flynn Zito Capital Management LLC now owns 10,066 shares of the software giant’s stock valued at $3,785,000 after buying an additional 94 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Microsoft by 1.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,797,891 shares of the software giant’s stock valued at $1,428,159,000 after buying an additional 49,526 shares in the last quarter. Mathes Company Inc. lifted its stake in shares of Microsoft by 0.5% during the 4th quarter. Mathes Company Inc. now owns 18,154 shares of the software giant’s stock worth $6,827,000 after purchasing an additional 87 shares during the period. Allen Capital Group LLC lifted its stake in shares of Microsoft by 5.9% during the 4th quarter. Allen Capital Group LLC now owns 18,669 shares of the software giant’s stock worth $7,020,000 after purchasing an additional 1,046 shares during the period. Finally, Avior Wealth Management LLC lifted its stake in shares of Microsoft by 3.1% during the 4th quarter. Avior Wealth Management LLC now owns 50,337 shares of the software giant’s stock worth $18,929,000 after purchasing an additional 1,533 shares during the period. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Up 0.9 %

Shares of NASDAQ MSFT opened at $427.00 on Friday. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.16. The stock has a fifty day moving average price of $424.24 and a 200 day moving average price of $423.09. The company has a market cap of $3.17 trillion, a P/E ratio of 36.97, a P/E/G ratio of 2.03 and a beta of 0.90. Microsoft Co. has a 12-month low of $309.45 and a 12-month high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Tuesday, July 30th. The software giant reported $2.95 earnings per share for the quarter, beating analysts’ consensus estimates of $2.90 by $0.05. The company had revenue of $64.73 billion during the quarter, compared to analysts’ expectations of $64.38 billion. Microsoft had a net margin of 35.96% and a return on equity of 35.95%. The firm’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.69 EPS. Research analysts anticipate that Microsoft Co. will post 13.04 EPS for the current fiscal year.

Insider Buying and Selling at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 40,000 shares of the company’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $402.59, for a total value of $16,103,600.00. Following the completion of the transaction, the insider now directly owns 544,847 shares of the company’s stock, valued at approximately $219,349,953.73. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, EVP Kathleen T. Hogan sold 17,378 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $411.85, for a total transaction of $7,157,129.30. Following the transaction, the executive vice president now owns 150,161 shares of the company’s stock, valued at $61,843,807.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Bradford L. Smith sold 40,000 shares of the stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $402.59, for a total transaction of $16,103,600.00. Following the transaction, the insider now directly owns 544,847 shares in the company, valued at approximately $219,349,953.73. The disclosure for this sale can be found here. Insiders sold a total of 190,629 shares of company stock valued at $77,916,485 in the last ninety days. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on MSFT shares. Citigroup reduced their price target on Microsoft from $520.00 to $500.00 and set a “buy” rating on the stock in a research note on Wednesday, July 31st. Oppenheimer increased their price target on Microsoft from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, June 7th. UBS Group reduced their price target on Microsoft from $520.00 to $510.00 and set a “buy” rating on the stock in a research note on Wednesday, July 31st. Macquarie increased their price target on Microsoft from $460.00 to $475.00 and gave the stock an “outperform” rating in a research note on Friday, May 17th. Finally, Wells Fargo & Company increased their price target on Microsoft from $500.00 to $515.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 31st. Two analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $494.72.

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.