Zhang Financial LLC Has $25.05 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Zhang Financial LLC increased its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 59,422 shares of the software giant's stock after acquiring an additional 660 shares during the quarter. Microsoft makes up 1.4% of Zhang Financial LLC's holdings, making the stock its 15th largest holding. Zhang Financial LLC's holdings in Microsoft were worth $25,046,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Christopher J. Hasenberg Inc grew its stake in Microsoft by 35.7% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant's stock valued at $39,000 after acquiring an additional 25 shares in the last quarter. Quarry LP purchased a new stake in shares of Microsoft in the second quarter worth approximately $45,000. IFS Advisors LLC boosted its holdings in shares of Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after purchasing an additional 35 shares during the period. Avondale Wealth Management lifted its position in Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after buying an additional 65 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of Microsoft during the 3rd quarter valued at $62,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. DA Davidson reaffirmed a "neutral" rating and issued a $425.00 price target on shares of Microsoft in a research note on Thursday, January 30th. Guggenheim reaffirmed a "neutral" rating on shares of Microsoft in a research note on Friday, January 24th. Royal Bank of Canada reiterated an "outperform" rating and set a $500.00 price target on shares of Microsoft in a report on Thursday, January 30th. Mizuho dropped their price objective on Microsoft from $510.00 to $500.00 and set an "outperform" rating on the stock in a report on Thursday, January 30th. Finally, Piper Sandler reiterated an "overweight" rating and issued a $520.00 target price on shares of Microsoft in a research note on Monday, January 27th. Four research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. Based on data from MarketBeat, Microsoft currently has a consensus rating of "Moderate Buy" and a consensus target price of $510.96.

Insider Buying and Selling at Microsoft

In related 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 transaction of $1,118,525.00. Following the completion of the transaction, the chief marketing officer now owns 49,352 shares in the company, valued at $22,080,578.32. This trade represents a 4.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.03% of the company's stock.

Microsoft Stock Performance

MSFT traded down $4.13 during trading on Thursday, reaching $396.89. 23,268,830 shares of the company's stock were exchanged, compared to its average volume of 23,118,146. The company has a market capitalization of $2.95 trillion, a P/E ratio of 31.96, a PEG 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. The business has a 50 day moving average price of $417.97 and a 200 day moving average price of $422.24. Microsoft Co. has a fifty-two week low of $381.00 and a fifty-two week high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share 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 quarter last year, the company posted $2.93 EPS. As a group, analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Profile

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.