Penn Davis Mcfarland Inc. Boosts Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Penn Davis Mcfarland Inc. grew its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 3.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,969 shares of the software giant's stock after acquiring an additional 1,083 shares during the quarter. Microsoft comprises about 1.3% of Penn Davis Mcfarland Inc.'s portfolio, making the stock its 23rd biggest position. Penn Davis Mcfarland Inc.'s holdings in Microsoft were worth $12,210,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in MSFT. Christopher J. Hasenberg Inc lifted its position in shares of Microsoft by 35.7% during the third quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant's stock valued at $39,000 after buying an additional 25 shares during the last quarter. Quarry LP bought a new position in shares of Microsoft during the 2nd quarter worth approximately $45,000. IFS Advisors LLC lifted its position in Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after acquiring an additional 35 shares during the last quarter. Avondale Wealth Management boosted its stake in Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. purchased a new position in Microsoft in the third quarter worth $62,000. 71.13% of the stock is owned by institutional investors.

Insider Activity at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the firm's stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $447.41, for a total value of $1,118,525.00. Following the sale, the chief marketing officer now directly owns 49,352 shares of the company's stock, valued at approximately $22,080,578.32. This trade represents a 4.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.03% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

MSFT has been the subject of several analyst reports. Piper Sandler reiterated an "overweight" rating and set a $520.00 price objective on shares of Microsoft in a report on Monday, January 27th. Loop Capital raised their price target on Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a report on Monday, December 23rd. UBS Group cut their price objective on shares of Microsoft from $525.00 to $510.00 and set a "buy" rating on the stock in a report on Thursday, January 30th. Mizuho lowered their target price on shares of Microsoft from $510.00 to $500.00 and set an "outperform" rating for the company in a research note on Thursday, January 30th. Finally, DA Davidson reissued a "neutral" rating and set a $425.00 target price on shares of Microsoft in a research report on Thursday, January 30th. Four analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $510.96.

Microsoft Stock Performance

Shares of NASDAQ:MSFT traded down $4.13 during trading on Thursday, hitting $396.89. 23,268,830 shares of the stock traded hands, compared to its average volume of 23,118,146. The company has a fifty day moving average price of $417.97 and a two-hundred day moving average price of $422.24. Microsoft Co. has a 52-week low of $381.00 and a 52-week high of $468.35. The company has a market cap of $2.95 trillion, a price-to-earnings ratio of 31.96, a P/E/G ratio of 2.21 and a beta of 0.92. 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 (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating analysts' consensus estimates 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 business earned $2.93 earnings per share. As a group, equities analysts predict that Microsoft Co. will post 13.08 EPS for the current 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.