Tradewinds Capital Management LLC Cuts Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Tradewinds Capital Management LLC lowered its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 0.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 303,493 shares of the software giant’s stock after selling 1,816 shares during the period. Microsoft makes up 16.6% of Tradewinds Capital Management LLC’s holdings, making the stock its largest position. Tradewinds Capital Management LLC’s holdings in Microsoft were worth $40,656,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. New England Private Wealth Advisors LLC boosted its position in Microsoft by 0.7% during the second quarter. New England Private Wealth Advisors LLC now owns 10,520 shares of the software giant’s stock valued at $1,408,000 after purchasing an additional 72 shares during the last quarter. Orgel Wealth Management LLC boosted its position in Microsoft by 1.2% during the second quarter. Orgel Wealth Management LLC now owns 6,492 shares of the software giant’s stock valued at $870,000 after purchasing an additional 74 shares during the last quarter. Planning Directions Inc. boosted its position in Microsoft by 3.2% during the second quarter. Planning Directions Inc. now owns 2,418 shares of the software giant’s stock valued at $324,000 after purchasing an additional 74 shares during the last quarter. Weybosset Research & Management LLC boosted its position in Microsoft by 2.1% during the second quarter. Weybosset Research & Management LLC now owns 3,625 shares of the software giant’s stock valued at $486,000 after purchasing an additional 75 shares during the last quarter. Finally, Torch Wealth Management LLC boosted its position in Microsoft by 0.4% during the second quarter. Torch Wealth Management LLC now owns 18,397 shares of the software giant’s stock valued at $2,464,000 after purchasing an additional 76 shares during the last quarter. 72.16% of the stock is currently owned by hedge funds and other institutional investors.

In other news, CMO Christopher C. Capossela sold 3,372 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $138.06, for a total value of $465,538.32. Following the transaction, the chief marketing officer now directly owns 136,623 shares of the company’s stock, valued at approximately $18,862,171.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Frank H. Brod sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $141.05, for a total value of $564,200.00. Following the completion of the transaction, the insider now directly owns 64,152 shares in the company, valued at $9,048,639.60. The disclosure for this sale can be found here. Insiders have sold 318,757 shares of company stock worth $43,735,918 over the last 90 days. Corporate insiders own 1.38% of the company’s stock.

Shares of Microsoft stock traded down $0.87 during trading on Monday, reaching $136.45. The company’s stock had a trading volume of 390,668 shares, compared to its average volume of 21,901,156. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.50 and a current ratio of 2.53. The business’s fifty day moving average price is $137.19 and its 200-day moving average price is $128.64. The firm has a market cap of $1,050.02 billion, a price-to-earnings ratio of 28.70, a price-to-earnings-growth ratio of 2.39 and a beta of 1.22. Microsoft Co. has a one year low of $93.96 and a one year high of $141.68.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Thursday, July 18th. The software giant reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.16. Microsoft had a return on equity of 39.26% and a net margin of 31.18%. The firm had revenue of $33.72 billion for the quarter, compared to analyst estimates of $32.80 billion. During the same period in the previous year, the company posted $1.13 earnings per share. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. Sell-side analysts anticipate that Microsoft Co. will post 5.22 EPS for the current year.

A number of research firms recently issued reports on MSFT. Macquarie lifted their price objective on Microsoft from $150.00 to $160.00 and gave the company an “outperform” rating in a research report on Friday, July 19th. Mizuho set a $152.00 price objective on Microsoft and gave the company a “buy” rating in a research report on Friday, September 6th. Raymond James boosted their price target on Microsoft from $160.00 to $163.00 and gave the stock a “strong-buy” rating in a research report on Friday, July 19th. Argus boosted their price target on Microsoft to $158.00 and gave the stock a “buy” rating in a research report on Thursday, July 25th. Finally, Oppenheimer boosted their price target on Microsoft from $145.00 to $160.00 and gave the stock an “outperform” rating in a research report on Friday, July 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty-eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $149.21.

Microsoft 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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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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