BigSur Wealth Management LLC Raises Position in Microsoft Co. (NASDAQ:MSFT)

BigSur Wealth Management LLC boosted its stake in Microsoft Co. (NASDAQ:MSFT) by 0.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,970 shares of the software giant’s stock after buying an additional 31 shares during the quarter. BigSur Wealth Management LLC’s holdings in Microsoft were worth $2,938,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MSFT. International Assets Investment Management LLC lifted its stake in Microsoft by 48,526.1% in the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock worth $16,567,258,000 after purchasing an additional 38,422,466 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Microsoft by 76.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant’s stock worth $4,439,407,000 after purchasing an additional 4,568,539 shares in the last quarter. Geode Capital Management LLC lifted its stake in Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after purchasing an additional 3,264,648 shares in the last quarter. Baillie Gifford & Co. lifted its stake in Microsoft by 46.1% in the 3rd quarter. Baillie Gifford & Co. now owns 7,048,244 shares of the software giant’s stock worth $3,032,859,000 after purchasing an additional 2,222,483 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Microsoft by 4.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock worth $23,490,417,000 after purchasing an additional 2,125,030 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on MSFT shares. Wedbush reissued an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a research note on Tuesday, November 19th. Cantor Fitzgerald restated an “overweight” rating and set a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th. Stifel Nicolaus raised their price target on shares of Microsoft from $475.00 to $515.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Morgan Stanley cut their price target on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. Finally, StockNews.com downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Four equities research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $510.96.

Insider Transactions at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction on Monday, December 9th. The shares were sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the completion of the sale, the chief marketing officer now directly owns 49,352 shares of the company’s stock, valued at approximately $22,080,578.32. The trade was a 4.82 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT stock opened at $401.02 on Thursday. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 52 week low of $381.00 and a 52 week high of $468.35. The stock has a market capitalization of $2.98 trillion, a PE ratio of 32.29, a P/E/G ratio of 2.21 and a beta of 0.92. The firm has a 50 day moving average of $417.97 and a two-hundred day moving average of $422.24.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating the consensus estimate of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same period in the previous year, the firm posted $2.93 earnings per share. On average, research analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

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.