Blue Fin Capital Inc. lowered its stake in Microsoft Corp. (NASDAQ:MSFT) by 2.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 52,079 shares of the software giant’s stock after selling 1,375 shares during the period. Microsoft Corp. makes up about 2.2% of Blue Fin Capital Inc.’s investment portfolio, making the stock its 6th largest position. Blue Fin Capital Inc.’s holdings in Microsoft Corp. were worth $2,665,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of MSFT. Founders Capital Management LLC increased its position in Microsoft Corp. by 0.6% in the first quarter. Founders Capital Management LLC now owns 124,821 shares of the software giant’s stock valued at $6,894,000 after buying an additional 729 shares during the last quarter. LVM Capital Management Ltd. MI increased its stake in shares of Microsoft Corp. by 4.5% in the first quarter. LVM Capital Management Ltd. MI now owns 237,834 shares of the software giant’s stock valued at $13,136,000 after buying an additional 10,225 shares in the last quarter. Pensionfund DSM Netherlands increased its stake in shares of Microsoft Corp. by 0.9% in the first quarter. Pensionfund DSM Netherlands now owns 288,200 shares of the software giant’s stock valued at $15,917,000 after buying an additional 2,500 shares in the last quarter. Renaissance Investment Group LLC increased its stake in shares of Microsoft Corp. by 399.9% in the first quarter. Renaissance Investment Group LLC now owns 47,520 shares of the software giant’s stock valued at $2,624,000 after buying an additional 38,014 shares in the last quarter. Finally, Choate Investment Advisors increased its stake in shares of Microsoft Corp. by 23.4% in the fourth quarter. Choate Investment Advisors now owns 131,661 shares of the software giant’s stock valued at $6,119,000 after buying an additional 24,995 shares in the last quarter. 71.65% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Corp. (NASDAQ:MSFT) traded down 0.56% during midday trading on Monday, reaching $56.93. 20,937,104 shares of the company traded hands. The stock has a market capitalization of $443.63 billion, a P/E ratio of 27.11 and a beta of 1.08. Microsoft Corp. has a 12-month low of $43.05 and a 12-month high of $58.70. The company has a 50 day moving average of $57.51 and a 200-day moving average of $53.89.

Microsoft Corp. (NASDAQ:MSFT) last released its quarterly earnings results on Tuesday, July 19th. The software giant reported $0.69 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.58 by $0.11. The firm earned $22.60 billion during the quarter, compared to the consensus estimate of $22.15 billion. Microsoft Corp. had a net margin of 19.33% and a return on equity of 29.38%. During the same quarter last year, the firm earned $0.60 earnings per share. Equities analysts anticipate that Microsoft Corp. will post $2.90 EPS for the current fiscal year.

Several brokerages have recently issued reports on MSFT. BMO Capital Markets reaffirmed a “buy” rating and issued a $57.00 price target on shares of Microsoft Corp. in a research report on Sunday, July 17th. Nomura reaffirmed a “buy” rating on shares of Microsoft Corp. in a research report on Sunday, July 17th. Credit Agricole SA reaffirmed an “outperform” rating and issued a $60.00 price target on shares of Microsoft Corp. in a research report on Wednesday, June 1st. Vetr downgraded Microsoft Corp. from a “buy” rating to a “hold” rating and set a $55.05 price target on the stock. in a research report on Tuesday, May 31st. Finally, Canaccord Genuity began coverage on Microsoft Corp. in a research report on Thursday, May 26th. They issued a “hold” rating and a $55.00 price target on the stock. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty-one have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $59.25.

In other news, CEO Satya Nadella sold 143,000 shares of the firm’s stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $57.97, for a total transaction of $8,289,710.00. Following the completion of the transaction, the chief executive officer now owns 1,200,822 shares of the company’s stock, valued at $69,611,651.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Amy Hood sold 120,000 shares of the firm’s stock in a transaction on Monday, August 8th. The shares were sold at an average price of $57.86, for a total transaction of $6,943,200.00. Following the transaction, the chief financial officer now directly owns 523,425 shares of the company’s stock, valued at approximately $30,285,370.50. The disclosure for this sale can be found here. Insiders own 3.76% of the company’s stock.

About Microsoft Corp.

Microsoft Corporation is a technology company. The Company develops, licenses and supports a range of software products, services and devices. Its segments are Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. Its 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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