Alethea Capital Management Has Cut Microsoft (MSFT) Holding; PROVISION HOLDING (PVHO) Shorts Raised By 265%

June 2, 2017 - By Migdalia James

Alethea Capital Management Llc decreased Microsoft Corp (MSFT) stake by 74.24% reported in 2016Q4 SEC filing. Alethea Capital Management Llc sold 10,088 shares as Microsoft Corp (MSFT)’s stock rose 4.75%. The Alethea Capital Management Llc holds 3,500 shares with $217,000 value, down from 13,588 last quarter. Microsoft Corp now has $545.97 billion valuation. The stock rose 0.51% or $0.36 reaching $70.46. About 11,335 shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since June 2, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.

PROVISION HOLDING (OTCMKTS:PVHO) had an increase of 265% in short interest. PVHO’s SI was 14,600 shares in June as released by FINRA. Its up 265% from 4,000 shares previously. It closed at $0.064 lastly. It is down 0.00% since June 2, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 28 analysts covering Microsoft Corporation (NASDAQ:MSFT), 23 have Buy rating, 1 Sell and 4 Hold. Therefore 82% are positive. Microsoft Corporation had 76 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Wells Fargo given on Wednesday, January 11. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Friday, January 29 by UBS. Goldman Sachs upgraded Microsoft Corporation (NASDAQ:MSFT) rating on Thursday, November 17. Goldman Sachs has “Buy” rating and $68 target. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, January 6 report. The firm earned “Overweight” rating on Friday, August 28 by Global Equities Research. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Market Perform” rating given on Tuesday, July 19 by William Blair. Atlantic Securities upgraded the stock to “Neutral” rating in Thursday, November 10 report. The firm has “Buy” rating given on Friday, January 27 by Stifel Nicolaus. Vetr upgraded Microsoft Corporation (NASDAQ:MSFT) on Friday, August 21 to “Hold” rating. The rating was maintained by UBS with “Buy” on Monday, November 23.

Investors sentiment increased to 0.95 in 2016 Q4. Its up 0.11, from 0.84 in 2016Q3. It improved, as 49 investors sold MSFT shares while 897 reduced holdings. 155 funds opened positions while 739 raised stakes. 5.51 billion shares or 2.12% more from 5.39 billion shares in 2016Q3 were reported. 1.73M are owned by Atlanta Capital Mgmt L L C. Azimuth Mgmt Ltd Liability Corp has 296,849 shares. Rbf Capital Limited Co stated it has 15,000 shares. Hendershot Investments, Virginia-based fund reported 49,548 shares. Lincoln Limited Liability accumulated 49,928 shares. Beach Mgmt holds 26,690 shares or 2.84% of its portfolio. Anchor Cap Limited Liability accumulated 458,740 shares or 1.08% of the stock. Institutional Cap Limited Liability Co reported 282,690 shares. Clearbridge Invs Limited Liability reported 23.81 million shares. Vigilant Capital Mgmt holds 0.09% or 8,179 shares in its portfolio. 39,856 were reported by Of Oklahoma. Mraz Amerine Assocs accumulated 78,545 shares or 1.53% of the stock. Putnam Invs Ltd Company reported 16.57 million shares or 2.48% of all its holdings. 67,200 are owned by Crestpoint Capital Mngmt Lc. 1St Source Natl Bank holds 172,521 shares.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on July, 18. They expect $0.70 earnings per share, up 1.45% or $0.01 from last year’s $0.69 per share. MSFT’s profit will be $5.42B for 25.16 P/E if the $0.70 EPS becomes a reality. After $0.73 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -4.11% negative EPS growth.