Mirae Asset Securities (Usa) 13F: Cuts MSFT Stake by $52M

Mirae Asset Securities (Usa) sharply reduced its investment in Microsoft Corporation (NasdaqGS: MSFT), according to a Form 13F filing with the SEC on October 15, 2026. Because 13F filings look backward at holdings from the end of a reported quarter, the document reflects the firm's position at that time and may not represent its current stance today. 13F reports do not show exact trade dates, as the buying and selling took place over the course of the quarter. Mirae Asset Securities (Usa) cut its Microsoft stake by 80.1%, dropping 100,695 shares to finish with 25,055 shares valued at about $12.9 million.

What Changed in Mirae Asset Securities (Usa)'s Microsoft Corporation Position

The fund held 125,750 shares prior to the adjustment. By shedding 100,695 shares, Mirae Asset pared down its exposure significantly, leaving it with a much smaller footprint in the tech giant. Institutional reports like these offer a window into how major fund managers shift their capital across quarters, though they arrive weeks after the period closes.

Other Institutional Activity in Microsoft Corporation

Other major fund managers made different moves on Microsoft stock around the same reporting cycle. Blackrock Inc. grew its holdings by 14,061,346 shares, ending with 607,367,113 shares worth about $321.3 billion. Vanguard Capital Management LLC grew its holdings by 2,653,959 shares, ending with 485,192,007 shares worth about $256.7 billion. State Street Corporation grew its holdings by 8,955,571 shares, ending with 315,653,206 shares worth about $170.0 billion. Geode Capital Management, LLC grew its holdings by 1,131,007 shares, ending with 189,632,090 shares worth about $100.3 billion. FMR, LLC reduced its holdings by 4,260,951 shares, ending with 185,960,066 shares worth about $98.4 billion.

Microsoft Corporation Stock Down 1.4%

Microsoft shares recently traded around $526.01 as of October 16, 2026. The stock sits roughly 4.2% above its 50-day moving average of $504.95 and about 20.9% above its 200-day moving average of $435.04. Over the past year, the shares have traded as low as $349.20 and as high as $553.72, placing the recent price about 5.0% below the 52-week peak. The company carries a trailing twelve-month price-to-earnings ratio of roughly 30.1 based on an EPS of $17.95.

Recent Earnings

Microsoft reported trailing twelve-month revenue of $331.8 billion alongside a net profit margin of 40.3% and a return on equity of 34.0%. Revenue grew 17.7% compared to the same period a year earlier. The company's next earnings report is scheduled for October 28, 2026.

Dividend

Microsoft pays an annual dividend yielding 0.73%, with a dividend payout ratio of 19.8%.

Insider Buying and Selling at Microsoft Corporation

Company insiders executed several stock transactions ahead of the filing. Chief Executive Officer Satya Nadella sold 86,525 shares on September 1, 2026, for a total value of about $43.4 million. Chief Financial Officer Amy E. Hood sold 41,674 shares on September 14, 2026, valued at about $20.8 million. Later, on October 13, 2026, Hood sold 7,305 shares under a planned Rule 10b5-1 trading schedule at an average price of $545.42, totaling about $4.0 million, and also executed an identical non-planned sale of 7,305 shares valued at about $4.0 million on the same date.

Analysts Set New Price Targets

Wall Street analysts updated their views on Microsoft around the filing date. On October 15, 2026, UBS maintained its Buy rating and raised its price target from $525.00 to $675.00. On the same day, Citigroup maintained its Buy rating and lifted its target from $600.00 to $636.00. Mizuho maintained an Outperform rating while boosting its target from $510.00 to $600.00. Jefferies kept a Buy rating and increased its target from $575.00 to $650.00. TD Cowen also kept a Buy rating and raised its target from $540.00 to $625.00. Across the broader analyst community tracked by consensus data, the stock holds a strong buy recommendation backed by a mean price target of $596.22 across 53 analyst opinions.

About Microsoft Corporation

Headquartered in Redmond, Washington, Microsoft develops software, hardware, and cloud computing infrastructure used by individuals and enterprises worldwide. Its product lines range from operating systems and developer tools to business applications, gaming consoles, and cloud services. Institutional portfolio changes like Mirae's give a look at how professional managers reallocate capital across large technology holdings.

Bottom Line

Investors will look toward Microsoft's upcoming earnings release on October 28, 2026, for updated details on revenue growth and cloud demand. Because 13F filings look backward, this report captures portfolio adjustments from a prior period and may not reflect Mirae Asset's current position today. 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.