Rep. Jefferson Shreve Sells Off Shares of Microsoft Co. (NASDAQ:MSFT)

Representative Jefferson Shreve (R-Indiana) recently sold shares of Microsoft Co. (NASDAQ:MSFT). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $50,001 and $100,000 in Microsoft stock on February 24th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of Royal Gold (NASDAQ:RGLD) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of QUALCOMM (NASDAQ:QCOM) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 2/24/2025.
• Sold $15,001 – $50,000 in shares of Norfolk Southern (NYSE:NSC) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of CoStar Group (NASDAQ:CSGP) on 2/24/2025.
• Purchased $50,001 – $100,000 in shares of AbbVie (NYSE:ABBV) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of Johnson & Johnson (NYSE:JNJ) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of The Cigna Group (NYSE:CI) on 2/24/2025.
• Purchased $15,001 – $50,000 in shares of Adobe (NASDAQ:ADBE) on 2/24/2025.

Microsoft Stock Performance

Shares of MSFT traded up $0.89 during mid-day trading on Tuesday, hitting $381.05. The company’s stock had a trading volume of 13,717,848 shares, compared to its average volume of 23,089,680. The stock’s 50-day moving average is $415.50 and its two-hundred day moving average is $421.54. The firm has a market capitalization of $2.83 trillion, a PE ratio of 30.57, a price-to-earnings-growth ratio of 2.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. Microsoft Co. has a one year low of $376.91 and a one year high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the prior year, the business posted $2.93 EPS. As a group, sell-side analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on MSFT shares. UBS Group lowered their price target on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a report on Thursday, January 30th. Mizuho dropped their target price on Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Piper Sandler reiterated an “overweight” rating and issued a $520.00 price objective on shares of Microsoft in a research report on Monday, January 27th. Cantor Fitzgerald restated an “overweight” rating and set a $509.00 target price on shares of Microsoft in a research report on Wednesday, January 29th. Finally, Wedbush restated an “outperform” rating and issued a $550.00 price objective on shares of Microsoft in a report on Tuesday, November 19th. Four research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. According to data from MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and a consensus price target of $509.54.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of MSFT. WFA Asset Management Corp increased its holdings in shares of Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after purchasing an additional 216 shares during the last quarter. Ironwood Wealth Management LLC. raised its stake in Microsoft by 0.3% in the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after purchasing an additional 38 shares in the last quarter. Beck Bode LLC lifted its position in Microsoft by 37.3% during the second quarter. Beck Bode LLC now owns 39,951 shares of the software giant’s stock worth $17,856,000 after purchasing an additional 10,847 shares during the period. Lavaca Capital LLC grew its stake in Microsoft by 1.1% during the second quarter. Lavaca Capital LLC now owns 7,062 shares of the software giant’s stock worth $3,156,000 after buying an additional 74 shares in the last quarter. Finally, Kowal Investment Group LLC increased its holdings in Microsoft by 4.6% in the 2nd quarter. Kowal Investment Group LLC now owns 17,848 shares of the software giant’s stock valued at $7,977,000 after buying an additional 781 shares during the period. Institutional investors own 71.13% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Microsoft

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.