Microsoft Co. (NASDAQ:MSFT) Shares Bought by Schaller Investment Group Inc.

Schaller Investment Group Inc. raised its holdings in Microsoft Co. (NASDAQ:MSFT) by 3.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,000 shares of the software giant’s stock after acquiring an additional 150 shares during the quarter. Microsoft accounts for about 0.4% of Schaller Investment Group Inc.’s portfolio, making the stock its 19th biggest holding. Schaller Investment Group Inc.’s holdings in Microsoft were worth $536,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of MSFT. Lunia Capital LP lifted its stake in Microsoft by 9,650.2% during the fourth quarter. Lunia Capital LP now owns 17,036,540 shares of the software giant’s stock valued at $17,037,000 after buying an additional 16,861,809 shares in the last quarter. Thoroughbred Financial Services LLC lifted its stake in Microsoft by 13,479.6% during the second quarter. Thoroughbred Financial Services LLC now owns 8,726,283 shares of the software giant’s stock valued at $872,628,000 after buying an additional 8,662,023 shares in the last quarter. Parnassus Investments CA lifted its stake in Microsoft by 87.9% during the second quarter. Parnassus Investments CA now owns 8,818,322 shares of the software giant’s stock valued at $1,181,303,000 after buying an additional 4,126,121 shares in the last quarter. Actiam N.V. purchased a new stake in Microsoft during the fourth quarter valued at about $117,106,000. Finally, Mawer Investment Management Ltd. lifted its stake in Microsoft by 59.6% during the second quarter. Mawer Investment Management Ltd. now owns 3,029,648 shares of the software giant’s stock valued at $405,863,000 after buying an additional 1,131,228 shares in the last quarter. 72.16% of the stock is owned by institutional investors.

In related news, EVP Jean Philippe Courtois sold 11,779 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $140.00, for a total value of $1,649,060.00. Following the transaction, the executive vice president now owns 597,727 shares in the company, valued at $83,681,780. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Frank H. Brod sold 4,000 shares of the stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $141.05, for a total value of $564,200.00. Following the completion of the transaction, the insider now owns 64,152 shares in the company, valued at approximately $9,048,639.60. The disclosure for this sale can be found here. Insiders sold 318,757 shares of company stock worth $43,735,918 in the last 90 days. 1.38% of the stock is currently owned by corporate insiders.

A number of analysts have commented on MSFT shares. Canaccord Genuity upped their price objective on shares of Microsoft from $145.00 to $155.00 and gave the company a “buy” rating in a research note on Friday, July 19th. Argus upped their price objective on shares of Microsoft to $158.00 and gave the company a “buy” rating in a research note on Thursday, July 25th. DZ Bank reaffirmed a “buy” rating on shares of Microsoft in a research note on Friday, July 19th. CIBC upped their price objective on shares of Microsoft from $145.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday, July 19th. Finally, Oppenheimer upped their price objective on shares of Microsoft from $145.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday, July 19th. One analyst has rated the stock with a sell rating, two have given a hold rating, twenty-eight have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $149.21.

Shares of MSFT traded up $0.30 during trading hours on Wednesday, reaching $137.69. The company’s stock had a trading volume of 5,260,149 shares, compared to its average volume of 21,818,010. The firm has a market cap of $1,048.49 billion, a price-to-earnings ratio of 28.99, a P/E/G ratio of 2.39 and a beta of 1.22. Microsoft Co. has a 1-year low of $93.96 and a 1-year high of $141.68. The company has a quick ratio of 2.50, a current ratio of 2.53 and a debt-to-equity ratio of 0.71. The company has a 50 day moving average of $136.86 and a two-hundred day moving average of $129.14.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, July 18th. The software giant reported $1.37 EPS 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 prior year, the company posted $1.13 earnings per share. The firm’s revenue was up 12.1% on a year-over-year basis. As a group, analysts forecast that Microsoft Co. will post 5.22 EPS for the current fiscal year.

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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