Nvwm LLC Has $6.24 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

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Nvwm LLC reduced its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 8.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 46,555 shares of the software giant’s stock after selling 4,042 shares during the period. Microsoft accounts for approximately 3.8% of Nvwm LLC’s investment portfolio, making the stock its biggest position. Nvwm LLC’s holdings in Microsoft were worth $6,237,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in MSFT. Orgel Wealth Management LLC grew its stake in shares of Microsoft by 1.2% in the 2nd quarter. Orgel Wealth Management LLC now owns 6,492 shares of the software giant’s stock valued at $870,000 after buying an additional 74 shares during the period. Planning Directions Inc. grew its stake in shares of Microsoft by 3.2% in the 2nd quarter. Planning Directions Inc. now owns 2,418 shares of the software giant’s stock valued at $324,000 after buying an additional 74 shares during the period. Weybosset Research & Management LLC grew its stake in shares of Microsoft by 2.1% in the 2nd quarter. Weybosset Research & Management LLC now owns 3,625 shares of the software giant’s stock valued at $486,000 after buying an additional 75 shares during the period. Torch Wealth Management LLC grew its stake in shares of Microsoft by 0.4% in the 2nd quarter. Torch Wealth Management LLC now owns 18,397 shares of the software giant’s stock valued at $2,464,000 after buying an additional 76 shares during the period. Finally, Harvey Investment Co. LLC grew its stake in shares of Microsoft by 0.4% in the 2nd quarter. Harvey Investment Co. LLC now owns 18,085 shares of the software giant’s stock valued at $2,423,000 after buying an additional 80 shares during the period. 72.39% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ MSFT traded up $1.22 during midday trading on Thursday, reaching $137.34. The company’s stock had a trading volume of 6,659,482 shares, compared to its average volume of 25,682,043. Microsoft Co. has a 12-month low of $93.96 and a 12-month high of $141.68. The firm has a 50 day moving average price of $137.25 and a 200-day moving average price of $128.50. The stock has a market capitalization of $1,050.02 billion, a P/E ratio of 28.91, a PEG ratio of 2.39 and a beta of 1.22. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.53 and a quick ratio of 2.50.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Thursday, July 18th. The software giant reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $32.80 billion. During the same quarter in the previous year, the business earned $1.13 EPS. The company’s revenue was up 12.1% compared to the same quarter last year. On average, equities analysts predict that Microsoft Co. will post 5.22 EPS for the current year.

MSFT has been the subject of several research reports. UBS Group set a $162.00 target price on Microsoft and gave the company a “buy” rating in a research note on Friday, July 19th. Deutsche Bank set a $155.00 price target on Microsoft and gave the company a “buy” rating in a research note on Wednesday, July 17th. Oppenheimer lifted their price target on Microsoft from $145.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday, July 19th. Wedbush reiterated an “outperform” rating on shares of Microsoft in a research note on Thursday, August 29th. Finally, Macquarie lifted their price target on Microsoft from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday, July 19th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, twenty-eight have assigned a buy rating and one has issued a strong buy rating to the stock. Microsoft has an average rating of “Buy” and an average price target of $149.21.

In other news, EVP Kathleen T. Hogan sold 40,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $135.25, for a total value of $5,410,000.00. Following the transaction, the executive vice president now owns 198,042 shares in the company, valued at approximately $26,785,180.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Amy Hood sold 123,769 shares of Microsoft stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $137.26, for a total transaction of $16,988,532.94. Following the completion of the sale, the chief financial officer now directly owns 433,940 shares in the company, valued at approximately $59,562,604.40. The disclosure for this sale can be found here. Insiders sold a total of 318,757 shares of company stock worth $43,735,918 in the last 90 days. Company insiders own 1.38% of the company’s stock.

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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