Perigon Wealth Management 13F: Cuts MSFT Stake by $9.6M

Perigon Wealth Management trimmed its stake in Microsoft Corporation MSFT by 10.0% during the quarter, shedding 18,754 shares to finish with 169,411 shares. According to a Form 13F filing with the SEC on October 22, 2026, the remaining position was valued at about $86.9 million at the close of the period. Microsoft closed at $521.08 on the day of the filing.

MSFT Microsoft Corporation

$521.08 ▲ +10.88% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Perigon Wealth Management's Microsoft Position

Perigon Wealth Management reduced its holdings from 188,165 shares down to 169,411 shares. That 10.0% reduction represents a notable shift in the firm's tech sector allocations during the period. Institutional filings provide a look back at portfolio adjustments made over the course of the quarter.

Other Institutional Activity in Microsoft

Campbell Newman Asset Management grew its holdings by 9,734 shares, ending with 143,438 shares worth about $73.6 million following a 7.3% increase reported on October 22, 2026.

Microsoft Corporation Stock Down 1.9%

The software giant recently traded around $521.58 as of October 23, 2026, putting the price close to its event-day close of $521.08. The shares sit below their 52-week high of $553.72 and well above their 52-week low of $349.20. The stock trades above its 50-day moving average of $507.30 and remains well above its 200-day moving average of $436.10.

Recent Earnings

Microsoft Corporation generated $331.8 billion in trailing twelve month revenue and posted an earnings per share of $17.95. The company runs with a net profit margin of 40.3% and a return on equity of 34.0%, backed by year-over-year quarterly revenue growth of 17.7%. Investors are awaiting the company's next earnings report scheduled for October 28, 2026.

Dividend

Microsoft pays an annual dividend rate of $3.92 per share, which translates to a dividend yield of 0.74%. The payout ratio sits at 19.8% of earnings.

Insider Buying and Selling at Microsoft Corporation

Company insiders executed several stock transactions ahead of the filing date. On August 5, 2026, officer Judson Althoff sold 10,000 shares for about $4.9 million at an average price of $487.89. Chief executive officer Satya Nadella disposed of 86,525 shares on September 1, 2026, valued at roughly $43.4 million. Chief financial officer Amy E. Hood completed two sales, shedding 41,674 shares worth $20.8 million on September 14, 2026, followed by a sale of 7,305 shares worth about $4.0 million on October 13, 2026.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock through mid-October 2026. On October 15, 2026, UBS maintained a buy rating while lifting its target to $675.00 from $525.00. StoneX kept a buy rating on October 16, 2026, raising its target to $600.00 from $525.00. Bernstein maintained an outperform rating on October 19, 2026, adjusting its target slightly to $662.00. BMO Capital kept an outperform rating on October 20, 2026, and raised its target to $600.00 from $515.00. Guggenheim reiterated a buy rating on October 21, 2026, with a $586.00 target. The stock carries a consensus strong buy rating from 53 analysts with a mean price target of $601.73.

About Microsoft Corporation

Microsoft develops software, hardware, and cloud solutions for individual and enterprise users globally. Its ecosystem spans operating systems, server infrastructure, developer tools, gaming consoles, and productivity applications. Institutional adjustments like Perigon's reduction happen as large managers rebalance portfolios amid shifting technology valuations.

Bottom Line

Perigon Wealth Management holds a reduced stake of 169,411 shares in Microsoft Corporation following its latest portfolio adjustment. Investors will look to the upcoming earnings release on October 28, 2026, for further updates on financial performance and cloud segment growth.