Brookstone Capital Management 13F: Cuts MSFT Stake by $9.3M

Brookstone Capital Management trimmed its position in Microsoft Corporation (NasdaqGS: MSFT) by 6.9%, cutting 18,170 shares during the period to leave its holding at 244,397 shares. According to a Form 13F filing with the SEC on October 22, 2026, the remaining stake carried a market value of about $125.35 million at the reporting date. The fund previously held 262,567 shares.

MSFT Microsoft Corporation

$521.08 ▲ +10.88% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Brookstone Capital Management's Microsoft Position

The reduction lowers Brookstone's exposure to the Redmond-based software giant. The filing reflects portfolio adjustments made during the quarter ending September 30, 2026, filed publicly on October 22, 2026. Microsoft shares closed at $521.08 on the filing date.

Other Institutional Activity in Microsoft

Other large investors adjusted their positions in the technology leader around the same time. Campbell Newman Asset Management grew its holdings by 9,734 shares, ending with 143,438 shares worth about $73.57 million. Perigon Wealth Management cut its Microsoft Corporation stake by 18,754 shares to end with 169,411 shares valued at about $86.89 million. RMR Wealth Builders grew its position by 2,801 shares to finish with 60,271 shares worth approximately $30.91 million. Sepio Capital reduced its stake by 9,982 shares, finishing with 49,305 shares valued at about $25.29 million. Adams Diversified Equity Fund trimmed its holdings by 4,100 shares to end with 400,400 shares worth about $205.37 million.

Microsoft Corporation Stock Down 2.1%

Microsoft shares traded around $521.58 recently, sitting about 0.1% higher than the event close of $521.08 on October 22, 2026. The stock trades roughly 5.8% below its 52-week high of $553.72 while maintaining a strong cushion above its 52-week low of $349.20.

Recent Earnings

Microsoft reported trailing twelve-month revenue of $331.84 billion alongside basic earnings of $17.95 per share. The business achieved a net profit margin of 40.3% and a return on equity of 34.0%.

Dividend

Microsoft pays an annual dividend of $3.92 per share, yielding 0.74% with a payout ratio of 19.8%.

Insider Buying and Selling at Microsoft Corporation

Company insiders executed multiple transactions ahead of the filing period. Officer Judson Althoff sold 10,000 shares on August 5, 2026, at an average price of $487.89 for a total value of about $4.88 million. Chief Executive Officer Satya Nadella sold 86,525 shares on September 1, 2026, valued at about $43.39 million. Chief Financial Officer Amy E. Hood sold 41,674 shares on September 14, 2026, worth about $20.76 million, followed by an additional sale of 7,305 shares on October 13, 2026, valued at roughly $3.98 million.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock leading up to the report. UBS maintained a buy rating while lifting its price target to $675.00 on October 15, 2026. StoneX kept a buy rating and raised its target to $600.00 on October 16, 2026. Bernstein maintained an outperform rating with a $662.00 target on October 19, 2026. BMO Capital kept an outperform rating and moved its target to $600.00 on October 20, 2026. Guggenheim reiterated a buy rating with a $586.00 target on October 21, 2026. The stock currently holds a consensus strong buy rating from 53 analysts with a mean price target of $601.73.

About Microsoft

Microsoft develops operating systems, server applications, cloud services, software development tools, productivity software, and hardware devices such as personal computers and gaming consoles. Its broad commercial software and cloud infrastructure segments serve individual consumers, small businesses, and global enterprises alike.

Bottom Line

Investors are monitoring upcoming corporate updates and portfolio filings to gauge institutional appetite for major technology equities. Microsoft's scheduled financial reporting date arrives on October 28, 2026.