Pinnacle Wealth Management Advisory Group LLC Has $3.86 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Pinnacle Wealth Management Advisory Group LLC grew its position in Microsoft Co. (NASDAQ:MSFT) by 1.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,845 shares of the software giant’s stock after buying an additional 396 shares during the quarter. Microsoft makes up approximately 1.6% of Pinnacle Wealth Management Advisory Group LLC’s portfolio, making the stock its 15th largest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in Microsoft were worth $3,864,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in MSFT. New England Private Wealth Advisors LLC lifted its stake in Microsoft by 0.7% in 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 acquiring an additional 72 shares during the last quarter. Orgel Wealth Management LLC lifted its stake in Microsoft by 1.2% in the second quarter. Orgel Wealth Management LLC now owns 6,492 shares of the software giant’s stock valued at $870,000 after acquiring an additional 74 shares during the last quarter. Planning Directions Inc. lifted its stake in Microsoft by 3.2% in the second quarter. Planning Directions Inc. now owns 2,418 shares of the software giant’s stock valued at $324,000 after acquiring an additional 74 shares during the last quarter. Weybosset Research & Management LLC lifted its stake in Microsoft by 2.1% in the second quarter. Weybosset Research & Management LLC now owns 3,625 shares of the software giant’s stock valued at $486,000 after acquiring an additional 75 shares during the last quarter. Finally, Torch Wealth Management LLC lifted its stake in Microsoft by 0.4% in the second quarter. Torch Wealth Management LLC now owns 18,397 shares of the software giant’s stock valued at $2,464,000 after acquiring an additional 76 shares during the last quarter. Institutional investors own 72.39% of the company’s stock.

In related news, EVP Kathleen T. Hogan sold 40,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $135.25, for a total transaction of $5,410,000.00. Following the transaction, the executive vice president now owns 198,042 shares of the company’s stock, valued at $26,785,180.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CMO Christopher C. Capossela sold 9,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $135.58, for a total transaction of $1,220,220.00. Following the transaction, the chief marketing officer now directly owns 119,579 shares in the company, valued at approximately $16,212,520.82. The disclosure for this sale can be found here. Insiders have sold 318,757 shares of company stock worth $43,735,918 in the last ninety days. 1.38% of the stock is currently owned by insiders.

MSFT has been the subject of a number of analyst reports. JPMorgan Chase & Co. reiterated a “buy” rating and issued a $155.00 target price on shares of Microsoft in a research note on Friday, July 19th. Argus lifted their target price on shares of Microsoft to $158.00 and gave the company a “buy” rating in a research note on Thursday, July 25th. Wells Fargo & Co set a $160.00 target price on shares of Microsoft and gave the company a “buy” rating in a research note on Friday, July 19th. UBS Group set a $162.00 target price on shares of Microsoft and gave the company a “buy” rating in a research note on Friday, July 19th. Finally, Raymond James lifted their target price on shares of Microsoft from $160.00 to $163.00 and gave the company a “strong-buy” rating in a research note on Friday, July 19th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, twenty-eight have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $149.21.

MSFT stock traded down $0.20 on Friday, reaching $137.32. 16,554,185 shares of the company were exchanged, compared to its average volume of 21,901,156. Microsoft Co. has a 12 month low of $93.96 and a 12 month high of $141.68. The stock’s fifty day moving average price is $137.19 and its 200 day moving average price is $128.64. The firm has a market capitalization of $1,050.02 billion, a PE ratio of 28.95, 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 (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.21 by $0.16. Microsoft had a net margin of 31.18% and a return on equity of 39.26%. The business had revenue of $33.72 billion for the quarter, compared to analyst estimates of $32.80 billion. During the same quarter in the previous year, the firm posted $1.13 earnings per share. Microsoft’s revenue was up 12.1% compared to the same quarter last year. As a group, research analysts expect that Microsoft Co. will post 5.22 EPS for the current fiscal year.

Microsoft Company 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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