PensionDanmark Pensionsforsikringsaktieselskab 13F: Cuts MSFT Stake by $14M

PensionDanmark trimmed its position in Microsoft Corporation (MSFT) by 1.9% during the quarter, according to a Form 13F filing with the Securities and Exchange Commission on October 19, 2026.

MSFT Microsoft Corporation

$534.56 ▲ +13.75% year to date

1M 3M YTD

Daily close · Oct 19, 2026

What Changed in PensionDanmark's Microsoft Corporation Position

The fund sold 27,259 shares of the software giant, leaving it with 1,392,232 shares. The remaining stake carried a value of roughly $714.1 million at the close of the period.

Microsoft Corporation Stock Up 0.9%

Microsoft shares closed at $533.52 on the filing date and recently traded around $533.61. The stock sits roughly 5.4% above its 50-day moving average of $506.20 and 22.5% above its 200-day moving average of $435.50. Over the past 52 weeks, the shares have traded between a low of $349.20 and a high of $553.72. The company carries a price-to-earnings ratio of 29.5 based on trailing results, alongside a forward P/E of 22.5.

Recent Earnings

Microsoft generated trailing-twelve-month revenue of $331.84 billion with a net profit margin of 40.3%. The company reported trailing earnings of $18.10 per share and a return on equity of 34.0%. Revenue grew 17.7% compared to the prior year period. The software maker's next quarterly earnings report is scheduled for October 28, 2026.

Dividend

The company pays an annual dividend rate of $3.92 per share, yielding 0.73%. That payout consumes 19.8% of the company's earnings.

Insider Buying and Selling at Microsoft Corporation

Company insiders executed several transactions prior to the filing. Officer Judson Althoff sold 10,000 shares on August 5, 2026, at an average price of $487.89 for a total of $4.88 million. Chief Executive Officer Satya Nadella sold 86,525 shares on September 1, 2026, worth $43.39 million. Chief Financial Officer Amy E. Hood sold 41,674 shares on September 14, 2026, for $20.76 million, and later sold 7,305 shares on October 13, 2026, valued at $3.98 million.

Analysts Set New Price Targets

Wall Street firms updated their views on the software provider ahead of the filing. UBS maintained its buy rating on October 15, 2026, raising its price target from $525.00 to $675.00. Citigroup kept a buy rating on October 15, 2026, lifting its target from $600.00 to $636.00. Mizuho maintained an outperform rating on October 15, 2026, boosting its target from $510.00 to $600.00. StoneX maintained a buy rating on October 16, 2026, lifting its target from $525.00 to $600.00. Bernstein maintained an outperform rating on October 19, 2026, raising its target from $660.00 to $662.00. Overall, the stock holds a consensus strong buy rating from 53 analysts, with a mean price target of $599.28.

About Microsoft Corporation

Microsoft Corporation develops and supports a broad portfolio of technology products for individuals and businesses around the globe. Headquartered in Redmond, Washington, the enterprise builds operating systems, server applications, productivity software, development tools, and cloud services. It also manufactures personal computers, tablets, and gaming consoles, serving customers across consumer and enterprise markets.

Bottom Line

Investors will look toward Microsoft's upcoming earnings release on October 28, 2026, for fresh details on cloud and software demand. The stock continues to draw broad institutional interest despite minor position adjustments by funds like PensionDanmark.