Semmax Financial Advisors Inc. purchased a new stake in Microsoft Co. (NASDAQ:MSFT) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,154 shares of the software giant’s stock, valued at approximately $117,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Quantamental Technologies LLC purchased a new stake in shares of Microsoft during the 4th quarter valued at $26,000. Highwater Wealth Management LLC purchased a new stake in shares of Microsoft during the 4th quarter valued at $27,000. Mackey Komara & Dankovich LLC purchased a new stake in shares of Microsoft during the 4th quarter valued at $30,000. Pearl River Capital LLC purchased a new stake in shares of Microsoft during the 4th quarter valued at $38,000. Finally, Ayalon Holdings Ltd. purchased a new stake in shares of Microsoft during the 4th quarter valued at $41,000. 72.10% of the stock is owned by institutional investors and hedge funds.
In other Microsoft news, EVP Christopher C. Capossela sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $126.02, for a total value of $630,100.00. Following the completion of the transaction, the executive vice president now owns 144,934 shares in the company, valued at approximately $18,264,582.68. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, President Bradford L. Smith sold 192,300 shares of the firm’s stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $130.34, for a total value of $25,064,382.00. Following the completion of the transaction, the president now owns 754,442 shares of the company’s stock, valued at approximately $98,333,970.28. The disclosure for this sale can be found here. In the last 90 days, insiders sold 216,247 shares of company stock valued at $28,204,754. 1.38% of the stock is owned by corporate insiders.
Shares of MSFT opened at $131.49 on Thursday. Microsoft Co. has a fifty-two week low of $93.96 and a fifty-two week high of $134.24. The stock has a market capitalization of $1,012.26 billion, a P/E ratio of 33.89, a PEG ratio of 2.32 and a beta of 1.22. The company has a quick ratio of 2.93, a current ratio of 2.97 and a debt-to-equity ratio of 0.70.
Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, April 24th. The software giant reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.14. Microsoft had a return on equity of 39.34% and a net margin of 28.58%. The company had revenue of $30.57 billion during the quarter, compared to analyst estimates of $29.86 billion. During the same quarter last year, the firm posted $0.95 EPS. The firm’s revenue for the quarter was up 14.0% on a year-over-year basis. Sell-side analysts expect that Microsoft Co. will post 4.58 earnings per share for the current year.
Several brokerages have recently issued reports on MSFT. Wedbush reaffirmed an “outperform” rating and set a $155.00 target price on shares of Microsoft in a research report on Thursday. KeyCorp reaffirmed a “buy” rating and set a $143.00 target price on shares of Microsoft in a research report on Tuesday. Goldman Sachs Group reaffirmed a “buy” rating and set a $131.00 target price on shares of Microsoft in a research report on Thursday, April 18th. ValuEngine raised Microsoft from a “hold” rating to a “buy” rating in a research report on Monday, April 1st. Finally, JPMorgan Chase & Co. raised their target price on Microsoft from $115.00 to $125.00 and gave the company an “overweight” rating in a research report on Thursday, March 28th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-five have assigned a buy rating and three have issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $135.75.
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Microsoft Company Profile
Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.
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