Nordea Investment Management Ab increased its stake in Microsoft (MSFT) by 7.25% based on its latest 2018Q3 regulatory filing with the SEC. Nordea Investment Management Ab bought 622,719 shares as the company’s stock declined 1.64% with the market. The institutional investor held 9.21 million shares of the prepackaged software company at the end of 2018Q3, valued at $1.05B, up from 8.58M at the end of the previous reported quarter. Nordea Investment Management Ab who had been investing in Microsoft for a number of months, seems to be bullish on the $813.48 billion market cap company. The stock decreased 1.11% or $1.19 during the last trading session, reaching $106.03. About 19.52 million shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 30.43% since February 6, 2018 and is uptrending. It has outperformed by 30.43% the S&P500. Some Historical MSFT News: 15/05/2018 – TIGER GLOBAL MANAGEMENT DISSOLVES SHARE STAKE IN COMCAST CORP; 23/05/2018 – Energistics Announces that Microsoft Joins Upstream Data Exchange Standards Consortium; 26/04/2018 – MICROSOFT SAYS 3Q CAPEX WAS $3.5 BILLION; 25/04/2018 – Techmeme: Sources: Microsoft is working on a new edition of Windows 10, codenamed Lean, that is 2GB smaller than the normal; 05/05/2018 – BUFFETT SAYS BELIEVES BERKSHIRE WILL COME OUT OKAY IN ITS $10.2 BLN RETROACTIVE REINSURANCE TRANSACTION WITH AIG AIG.N; 30/04/2018 – Lightspeed Venture Partners Says Microsoft Chairman John Thompson Joining as a Venture Partner; 09/05/2018 – Amid Solid Business Optimism, Rates of Entrepreneurship Are on the Rise; 07/05/2018 – MICROSOFT – JOINT EFFORT WITH QUALCOMM TECHNOLOGIES TO CREATE A VISION Al DEVELOPER KIT RUNNING AZURE IOT EDGE; 06/03/2018 – Social media firms are like irresponsible landlords -UK counter-terrorism police head; 24/04/2018 – Sprinklr Hires Former Microsoft U.S. CMO Grad Conn as Chief Experience and Marketing Officer
Kerrisdale Advisers Llc decreased its stake in Luxoft Hldg Inc (LXFT) by 43.67% based on its latest 2018Q3 regulatory filing with the SEC. Kerrisdale Advisers Llc sold 429,700 shares as the company’s stock declined 29.42% with the market. The hedge fund held 554,235 shares of the technology company at the end of 2018Q3, valued at $26.24M, down from 983,935 at the end of the previous reported quarter. Kerrisdale Advisers Llc who had been investing in Luxoft Hldg Inc for a number of months, seems to be less bullish one the $1.98B market cap company. The stock decreased 0.13% or $0.08 during the last trading session, reaching $58.26. About 365,198 shares traded. Luxoft Holding, Inc. (NYSE:LXFT) has declined 37.37% since February 6, 2018 and is downtrending. It has underperformed by 37.37% the S&P500. Some Historical LXFT News: 23/04/2018 – Luxoft Develops ‘Blockchain Adapter’ for a Business Process Management Tool on Appian’s Platform; 19/03/2018 – congatec Powers Luxoft’s Modular Next-Gen Automotive Reference Platform; 12/03/2018 Luxoft Accelerates the Development of In-Car Applications with the AUTOSAR Consortium; 17/04/2018 – SoftBank Robotics America Announces Luxoft as Premier Development Partner for Pepper, the Humanoid Robot; 24/05/2018 – LUXOFT HOLDING 4Q ADJ EPS 59C, EST. 60C; 24/05/2018 – Luxoft Holding Closes Below 50-Day Moving Average: Technicals; 07/05/2018 – Luxoft Holding Closes Above 50-Day Moving Average: Technicals; 24/05/2018 – Luxoft Holding 4Q Adj EPS 59c; 23/04/2018 – Luxoft Develops ‘Blockchain Adapter’ for a Business Process Management Tool on Appian’s Platform; 24/05/2018 – LUXOFT HOLDING INC – QTRLY SHR $0.34
Analysts await Luxoft Holding, Inc. (NYSE:LXFT) to report earnings on February, 12. They expect $0.46 earnings per share, down 31.34% or $0.21 from last year’s $0.67 per share. LXFT’s profit will be $15.59M for 31.66 P/E if the $0.46 EPS becomes a reality. After $0.54 actual earnings per share reported by Luxoft Holding, Inc. for the previous quarter, Wall Street now forecasts -14.81% negative EPS growth.
More notable recent Luxoft Holding, Inc. (NYSE:LXFT) news were published by: Seekingalpha.com which released: “Merger Arbitrage Mondays – January 14, 2018 – Seeking Alpha” on January 14, 2019, also Businesswire.com with their article: “LXFT INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Luxoft Holding, Inc. Investors – Business Wire” published on April 16, 2018, Globenewswire.com published: “Luxoft Reports Results for Second Quarter Fiscal 2019 – GlobeNewswire” on November 15, 2018. More interesting news about Luxoft Holding, Inc. (NYSE:LXFT) were released by: Fool.com and their article: “Why Advanced Micro Devices, Luxoft Holding, and QEP Resources Jumped Today – Motley Fool” published on January 07, 2019 as well as Seekingalpha.com‘s news article titled: “Luxoft Shares Oversold, Provide Good Return Potential – Seeking Alpha” with publication date: November 30, 2018.
Kerrisdale Advisers Llc, which manages about $371.12 million and $102.01M US Long portfolio, upped its stake in Huya Inc by 270,423 shares to 611,651 shares, valued at $14.42M in 2018Q3, according to the filing.
Among 14 analysts covering Luxoft Holding (NYSE:LXFT), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 50% are positive. Luxoft Holding had 50 analyst reports since July 28, 2015 according to SRatingsIntel. As per Monday, January 4, the company rating was maintained by Monness Crespi & Hardt. The rating was initiated by Sterne Agee CRT with “Buy” on Thursday, March 24. The company was maintained on Friday, August 14 by UBS. The firm earned “Overweight” rating on Wednesday, February 14 by JP Morgan. The stock of Luxoft Holding, Inc. (NYSE:LXFT) has “Market Perform” rating given on Friday, February 19 by Cowen & Co. The stock has “Underweight” rating by JP Morgan on Thursday, November 15. KeyBanc Capital Markets maintained Luxoft Holding, Inc. (NYSE:LXFT) rating on Thursday, August 16. KeyBanc Capital Markets has “Overweight” rating and $47 target. The stock of Luxoft Holding, Inc. (NYSE:LXFT) has “Buy” rating given on Thursday, February 15 by KeyBanc Capital Markets. On Tuesday, November 13 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. The company was maintained on Monday, November 20 by UBS.
Investors sentiment decreased to 0.81 in Q3 2018. Its down 0.03, from 0.84 in 2018Q2. It is negative, as 33 investors sold MSFT shares while 981 reduced holdings. 145 funds opened positions while 681 raised stakes. 5.28 billion shares or 0.60% less from 5.31 billion shares in 2018Q2 were reported. Partner Fund Mngmt Lp invested 0.58% in Microsoft Corporation (NASDAQ:MSFT). Pinnacle Wealth Mngmt Advisory Group Incorporated Lc holds 1.65% or 29,149 shares in its portfolio. Germany-based Commerzbank Aktiengesellschaft Fi has invested 1.54% in Microsoft Corporation (NASDAQ:MSFT). Suvretta Capital Mgmt has invested 10.57% in Microsoft Corporation (NASDAQ:MSFT). Hollow Brook Wealth Ltd Liability Corp accumulated 56,208 shares or 5.02% of the stock. Gofen Glossberg Limited Liability Corporation Il holds 959,078 shares. 1832 Asset Mgmt Ltd Partnership invested in 8.65 million shares or 3.23% of the stock. Newman Dignan And Sheerar Inc holds 46,954 shares or 2.3% of its portfolio. Howland Capital Mngmt reported 523,092 shares. Cadinha & Company Lc reported 2.73% in Microsoft Corporation (NASDAQ:MSFT). Waratah Advsrs Ltd, Ontario – Canada-based fund reported 157,815 shares. Cap Invsts owns 4.81% invested in Microsoft Corporation (NASDAQ:MSFT) for 91.79 million shares. The Michigan-based Telemus Cap Limited Liability Com has invested 1.49% in Microsoft Corporation (NASDAQ:MSFT). Guardian Life Ins Of America, New York-based fund reported 21,679 shares. Regentatlantic Capital Limited Liability Co owns 188,953 shares or 1.66% of their US portfolio.
Nordea Investment Management Ab, which manages about $48.52B US Long portfolio, decreased its stake in Trimble (NASDAQ:TRMB) by 169,725 shares to 498,770 shares, valued at $21.68M in 2018Q3, according to the filing. It also reduced its holding in Teradyne (NYSE:TER) by 332,760 shares in the quarter, leaving it with 105,596 shares, and cut its stake in Oceaneering International (NYSE:OII).
More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Nasdaq.com which released: “After Hours Most Active for Feb 4, 2019 : CZR, SYMC, MU, MSFT, MNST, QQQ – Nasdaq” on February 04, 2019, also Nasdaq.com with their article: “Why Proofpoint Stock Rose 40% in the Last Month – Nasdaq” published on February 06, 2019, Nasdaq.com published: “Technology Sector Update for 01/31/2019: FLEX, FB, IIVI, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” on January 31, 2019. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Seekingalpha.com and their article: “Microsoft: The Long Game That Investors Are Missing – Seeking Alpha” published on January 24, 2019 as well as Nasdaq.com‘s news article titled: “Bear of the Day: Apple (AAPL) – Nasdaq” with publication date: February 06, 2019.
Since August 31, 2018, it had 0 insider buys, and 10 sales for $54.07 million activity. 4,000 shares were sold by Capossela Christopher C, worth $432,000. $13.09 million worth of Microsoft Corporation (NASDAQ:MSFT) shares were sold by Hood Amy. Nadella Satya had sold 203,418 shares worth $21.70M on Friday, October 26. $4.06 million worth of stock was sold by Hogan Kathleen T on Thursday, November 8.
Among 38 analysts covering Microsoft Corporation (NASDAQ:MSFT), 34 have Buy rating, 1 Sell and 3 Hold. Therefore 89% are positive. Microsoft Corporation had 217 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Sunday, July 16 by KeyBanc Capital Markets. Barclays Capital maintained the shares of MSFT in report on Thursday, January 25 with “Overweight” rating. Piper Jaffray maintained the shares of MSFT in report on Monday, October 2 with “Buy” rating. Global Equities Research maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, August 28 with “Overweight” rating. Barclays Capital maintained it with “Overweight” rating and $54.0 target in Friday, October 23 report. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Overweight” rating given on Friday, July 20 by Barclays Capital. The stock has “Buy” rating by Wedbush on Thursday, November 29. The stock has “Buy” rating by UBS on Monday, November 23. Stifel Nicolaus upgraded the shares of MSFT in report on Thursday, August 13 to “Buy” rating. The firm has “Sell” rating by Citigroup given on Friday, October 27.