PineStone Asset Management 13F: Cuts MSFT Stake by $77M

PineStone Asset Management disclosed in a filing on October 16, 2026, that it trimmed its position in Microsoft Corporation (MSFT) by 149,240 shares, now owning about 2.44 million shares valued at $1.25 billion. This is a 5.77% reduction from its previous holdings of 2.59 million shares.

What Changed in PineStone Asset Management's Microsoft Position

PineStone Asset Management reduced its stake in Microsoft by 149,240 shares, resulting in a total of 2,437,447 shares held after the change. The reported value of its Microsoft position is approximately $1.25 billion.

Other Institutional Activity in Microsoft

In the latest institutional activity, Blackrock Inc. increased its holdings by 14,061,346 shares, bringing its total to 607,367,113 shares worth about $321.3 billion. Vanguard Capital Management LLC also added 2,653,959 shares for a new total of 485,192,007 shares valued at approximately $256.7 billion. State Street Corporation grew its stake by 8,955,571 shares, now holding 315,653,206 shares worth around $167.0 billion. In contrast, FMR, LLC reduced its position by 4,260,951 shares, ending with 185,960,066 shares valued at about $98.4 billion.

Microsoft Corporation Stock Down 0.9%

Microsoft shares are recently trading around $526.01, which is above their 50-day moving average of $504.95 and well above the 200-day average of $435.04, indicating strong performance. However, the stock is about 5% below its 52-week high of $553.72, suggesting it may be facing some resistance at that level.

Recent Earnings

Microsoft reported trailing twelve-month revenue of $331.8 billion, showing a year-over-year growth of 17.7%. The company also has a net margin of 40.3% and a return on equity of 34.0%. Its next earnings date is scheduled for October 28, 2026.

Insider Buying and Selling at Microsoft Corporation

Several insiders sold shares recently, including Satya Nadella, the CEO, who sold 86,525 shares valued at about $43.4 million on September 1, 2026. CFO Amy E Hood sold 41,674 shares worth around $20.8 million on September 14, 2026. Additionally, Amy E Hood sold another 7,305 shares on October 13, 2026, valued at approximately $3.98 million.

Analysts Set New Price Targets

On October 15, 2026, UBS maintained a 'Buy' rating on Microsoft with a price target of $675, up from $525. Citigroup also maintained a 'Buy' rating with a target of $636, increased from $600. Mizuho kept its 'Outperform' rating with a new target of $600, while Jefferies also maintained a 'Buy' rating with a target of $650, up from $575. On the same day, StoneX maintained a 'Buy' with a target of $600, up from $525.

About Microsoft Corporation

Microsoft Corporation is a leading technology company based in Redmond, WA. It develops a wide range of software solutions, including operating systems, server applications, and business solutions, along with hardware like PCs and gaming consoles.

Bottom Line

PineStone's trimming of its Microsoft position reflects its ongoing strategy in the tech sector. With earnings due on October 28, 2026, and analysts remaining bullish, investors will be watching closely for further developments. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.