West Oak Capital LLC reduced its holdings in Microsoft Corporation (NASDAQ:MSFT) by 4.5% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,693 shares of the software giant’s stock after selling 500 shares during the quarter. West Oak Capital LLC’s holdings in Microsoft Corporation were worth $737,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Northstar Group Inc. increased its stake in Microsoft Corporation by 0.3% in the 1st quarter. Northstar Group Inc. now owns 3,790 shares of the software giant’s stock worth $248,000 after acquiring an additional 12 shares during the last quarter. Gierl Augustine Investment Management Inc increased its stake in Microsoft Corporation by 0.3% in the 1st quarter. Gierl Augustine Investment Management Inc now owns 4,034 shares of the software giant’s stock worth $266,000 after acquiring an additional 13 shares during the last quarter. New Capital Management LP increased its stake in Microsoft Corporation by 0.5% in the 1st quarter. New Capital Management LP now owns 4,305 shares of the software giant’s stock worth $284,000 after acquiring an additional 22 shares during the last quarter. Vista Capital Partners Inc. increased its stake in Microsoft Corporation by 0.4% in the 1st quarter. Vista Capital Partners Inc. now owns 9,411 shares of the software giant’s stock worth $620,000 after acquiring an additional 36 shares during the last quarter. Finally, McQueen Ball & Associates Inc. increased its stake in Microsoft Corporation by 0.6% in the 1st quarter. McQueen Ball & Associates Inc. now owns 8,862 shares of the software giant’s stock worth $584,000 after acquiring an additional 57 shares during the last quarter. Institutional investors and hedge funds own 73.47% of the company’s stock.

In related news, insider Jean Philippe Courtois sold 26,763 shares of the company’s stock in a transaction on Tuesday, July 25th. The stock was sold at an average price of $74.00, for a total value of $1,980,462.00. Following the transaction, the insider now directly owns 544,080 shares of the company’s stock, valued at approximately $40,261,920. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Amy Hood sold 55,000 shares of the company’s stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $72.71, for a total value of $3,999,050.00. Following the completion of the transaction, the chief financial officer now directly owns 510,217 shares in the company, valued at $37,097,878.07. The disclosure for this sale can be found here. Over the last three months, insiders sold 7,108,526 shares of company stock worth $515,879,974. 2.99% of the stock is owned by insiders.

Shares of Microsoft Corporation (MSFT) traded up 0.72% during mid-day trading on Friday, reaching $75.31. The company’s stock had a trading volume of 38,578,441 shares. Microsoft Corporation has a one year low of $56.32 and a one year high of $75.49. The firm’s 50 day moving average is $73.27 and its 200 day moving average is $69.57. The firm has a market cap of $580.06 billion, a PE ratio of 27.79 and a beta of 1.00.

Microsoft Corporation (NASDAQ:MSFT) last issued its quarterly earnings results on Thursday, July 20th. The software giant reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.27. Microsoft Corporation had a return on equity of 36.81% and a net margin of 23.57%. The business had revenue of $24.70 billion for the quarter, compared to the consensus estimate of $24.29 billion. During the same period in the prior year, the firm posted $0.69 earnings per share. The business’s quarterly revenue was up 9.1% on a year-over-year basis. On average, equities analysts anticipate that Microsoft Corporation will post $3.14 earnings per share for the current fiscal year.

A number of equities analysts have weighed in on MSFT shares. Sanford C. Bernstein set a $87.00 target price on Microsoft Corporation and gave the stock a “buy” rating in a research note on Friday, July 21st. Canaccord Genuity restated a “hold” rating and issued a $76.00 target price on shares of Microsoft Corporation in a research note on Friday. Evercore ISI restated a “buy” rating and issued a $80.00 target price on shares of Microsoft Corporation in a research note on Friday, August 18th. Morningstar, Inc. restated a “buy” rating on shares of Microsoft Corporation in a research note on Wednesday, June 28th. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $77.00 target price on shares of Microsoft Corporation in a research note on Monday, May 29th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and thirty have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $76.72.

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Microsoft Corporation Profile

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.

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Institutional Ownership by Quarter for Microsoft Corporation (NASDAQ:MSFT)

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