Cannon Capital Management Inc. Acquires New Holdings in Microsoft Corporation $MSFT

Cannon Capital Management Inc. bought a new stake in shares of Microsoft Corporation (NASDAQ:MSFT) in the 4th quarter, Holdings Channel.com reports. The fund bought 3,368 shares of the software giant’s stock, valued at approximately $1,629,000. Microsoft comprises approximately 1.4% of Cannon Capital Management Inc.’s investment portfolio, making the stock its 16th largest position.

Several other institutional investors and hedge funds also recently modified their holdings of MSFT. IRON Financial LLC raised its position in shares of Microsoft by 23.2% in the third quarter. IRON Financial LLC now owns 6,510 shares of the software giant’s stock valued at $3,372,000 after buying an additional 1,225 shares during the last quarter. PMG Family Office LLC acquired a new position in Microsoft in the 3rd quarter valued at $828,000. Trifecta Capital Advisors LLC raised its holdings in Microsoft by 2.3% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 70,175 shares of the software giant’s stock valued at $36,347,000 after acquiring an additional 1,572 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in shares of Microsoft by 1.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 949,901 shares of the software giant’s stock worth $493,860,000 after purchasing an additional 9,700 shares during the period. Finally, Werba Rubin Papier Wealth Management boosted its holdings in shares of Microsoft by 15.7% during the fourth quarter. Werba Rubin Papier Wealth Management now owns 12,492 shares of the software giant’s stock worth $6,041,000 after purchasing an additional 1,698 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

More Microsoft News

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: The biggest catalyst was a $9.7 billion Pentagon contract to consolidate Microsoft and other software licenses into one vehicle, which should streamline federal procurement and reinforce Microsoft’s government software footprint. Pentagon awards Microsoft $9.7 billion deal in bid to cut costs, end license sprawl
• Positive Sentiment: Multiple reports said HSBC sees Microsoft’s Anthropic partnership as potentially worth up to $43 billion in annual revenue by 2030, lifting optimism around Azure and Microsoft’s AI monetization path. Is Microsoft ditching OpenAI for Anthropic?
• Positive Sentiment: KeyBanc reiterated an Overweight rating, citing continued strength in Azure and Copilot, while other analyst notes argued Wall Street may be underestimating Microsoft’s AI revenue potential. KeyBanc Reiterates Overweight Rating on Microsoft (MSFT) on Azure and Copilot Growth
• Positive Sentiment: HP’s earnings beat, driven in part by the Windows 11 refresh cycle and AI PC demand, indirectly supports Microsoft by signaling healthy PC upgrade activity around its ecosystem. HP beats revenue, profit estimates as AI PC and Windows 11 refresh boost demand
• Neutral Sentiment: Several items were broadly supportive of Microsoft’s AI strategy, including partner integrations around Microsoft Marketplace, Microsoft Foundry, and Microsoft Dynamics 365, but these are more incremental ecosystem updates than major stock-moving events.
• Negative Sentiment: Some commentary focused on near-term concerns around Microsoft’s heavy AI infrastructure spending and rising compute costs, with a few pieces arguing the stock remains under pressure despite the earnings beat. Cost of Compute is Far Beyond the Costs of the Employees: Microsoft Stock (NASDAQ:MSFT) Slips as the Achilles Heel is Found
• Negative Sentiment: There were also reports that Dan Loeb’s Third Point exited Microsoft, which may add to investor caution even as longer-term AI enthusiasm remains intact. Billionaire Dan Loeb Cashed Out of Microsoft Stock. Shares Are Down 14.2% YTD.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Wells Fargo & Company upped their target price on Microsoft from $615.00 to $625.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. dropped their price objective on shares of Microsoft from $575.00 to $550.00 and set an “overweight” rating for the company in a research note on Thursday, January 29th. Mizuho cut their price objective on shares of Microsoft from $620.00 to $515.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. Oppenheimer reissued an “outperform” rating and issued a $515.00 target price (down from $630.00) on shares of Microsoft in a research report on Monday, April 27th. Finally, BNP Paribas Exane dropped their price target on shares of Microsoft from $556.00 to $555.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Thirty-nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $560.88.

Insider Activity

In related news, EVP Kathleen T. Hogan sold 12,321 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $409.52, for a total transaction of $5,045,695.92. Following the transaction, the executive vice president directly owned 137,933 shares of the company’s stock, valued at approximately $56,486,322.16. The trade was a 8.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Amy Coleman sold 1,262 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $411.34, for a total value of $519,111.08. Following the completion of the transaction, the executive vice president owned 46,003 shares of the company’s stock, valued at approximately $18,922,874.02. This represents a 2.67% decrease in their position. The SEC filing for this sale provides additional information. 0.03% of the stock is owned by corporate insiders.

Microsoft Trading Down 0.8%

Shares of MSFT stock opened at $412.67 on Thursday. Microsoft Corporation has a fifty-two week low of $356.28 and a fifty-two week high of $555.45. The firm’s 50 day moving average price is $400.37 and its two-hundred day moving average price is $435.01. The stock has a market cap of $3.07 trillion, a price-to-earnings ratio of 24.56, a price-to-earnings-growth ratio of 1.50 and a beta of 1.10. The company has a quick ratio of 1.27, a current ratio of 1.28 and a debt-to-equity ratio of 0.08.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, April 29th. The software giant reported $4.27 EPS for the quarter, beating analysts’ consensus estimates of $4.06 by $0.21. The business had revenue of $82.89 billion for the quarter, compared to the consensus estimate of $81.44 billion. Microsoft had a net margin of 39.34% and a return on equity of 31.94%. The business’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter last year, the firm posted $3.46 EPS. On average, analysts anticipate that Microsoft Corporation will post 16.76 EPS for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Thursday, May 21st. Microsoft’s payout ratio is currently 21.67%.

Microsoft Profile

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).