MSFT Stock: Microsoft Co Shares Bought by Ardsley Advisory Partners

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Ardsley Advisory Partners boosted its position in Microsoft Co. (NASDAQ:MSFT) by 388.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 122,000 shares of the software giant’s stock after buying an additional 97,000 shares during the quarter. Microsoft makes up about 1.3% of Ardsley Advisory Partners’ portfolio, making the stock its 25th biggest position. Ardsley Advisory Partners’ holdings in Microsoft were worth $8,411,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Acrospire Investment Management LLC boosted its stake in shares of Microsoft by 300.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after acquiring an additional 1,200 shares during the period. Hefty Wealth Partners boosted its stake in shares of Microsoft by 65.6% during the 2nd quarter. Hefty Wealth Partners now owns 1,648 shares of the software giant’s stock worth $113,000 after acquiring an additional 653 shares during the period. Stelac Advisory Services LLC boosted its stake in shares of Microsoft by 23.5% during the 2nd quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock worth $140,000 after acquiring an additional 387 shares during the period. Opera Trading Capital boosted its stake in shares of Microsoft by 1,522.0% during the 2nd quarter. Opera Trading Capital now owns 2,433 shares of the software giant’s stock worth $168,000 after acquiring an additional 2,283 shares during the period. Finally, Pacific Center for Financial Services boosted its stake in shares of Microsoft by 3.0% during the 2nd quarter. Pacific Center for Financial Services now owns 2,572 shares of the software giant’s stock worth $177,000 after acquiring an additional 75 shares during the period. 73.16% of the stock is currently owned by institutional investors and hedge funds.

In related news, insider Frank H. Brod sold 18,000 shares of the company’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $83.15, for a total transaction of $1,496,700.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Christopher C. Capossela sold 4,000 shares of the company’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $83.44, for a total value of $333,760.00. Following the sale, the executive vice president now owns 184,278 shares in the company, valued at approximately $15,376,156.32. The disclosure for this sale can be found here. Insiders sold a total of 45,000 shares of company stock worth $3,759,420 in the last quarter. Corporate insiders own 1.49% of the company’s stock.

Microsoft Co. (NASDAQ MSFT) traded up $0.20 during midday trading on Wednesday, hitting $85.60. The company’s stock had a trading volume of 5,564,438 shares, compared to its average volume of 22,531,871. Microsoft Co. has a 1 year low of $61.95 and a 1 year high of $87.50. The company has a market cap of $659,674.63, a price-to-earnings ratio of 29.12, a PEG ratio of 1.99 and a beta of 0.99. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.12 and a quick ratio of 3.06.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.12. Microsoft had a return on equity of 35.23% and a net margin of 24.56%. The firm had revenue of $24.50 billion for the quarter, compared to analyst estimates of $23.57 billion. During the same quarter in the previous year, the company posted $0.76 EPS. The business’s revenue was up 11.7% on a year-over-year basis. analysts forecast that Microsoft Co. will post 3.38 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be given a $0.42 dividend. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.96%. Microsoft’s dividend payout ratio (DPR) is presently 57.14%.

Several analysts recently issued reports on MSFT shares. Canaccord Genuity restated a “hold” rating and issued a $76.00 price target on shares of Microsoft in a research note on Friday, September 15th. Royal Bank of Canada reiterated an “outperform” rating and set a $88.00 target price (up from $85.00) on shares of Microsoft in a research report on Friday, October 27th. UBS Group set a $105.00 target price on Microsoft and gave the company a “buy” rating in a research report on Thursday, November 9th. Vetr downgraded Microsoft from a “strong-buy” rating to a “buy” rating and set a $93.77 target price for the company. in a research report on Monday, December 11th. Finally, KeyCorp reiterated a “buy” rating and set a $94.00 target price on shares of Microsoft in a research report on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and thirty-one have issued a buy rating to the company. Microsoft presently has a consensus rating of “Buy” and an average price target of $85.87.

About Microsoft

Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers.

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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