Y-Intercept (Hong Kong) 13F: Exits Microsoft (MSFT) Stake

Y-Intercept (Hong Kong) closed out its investment in Microsoft Corporation (NasdaqGS: MSFT), completely selling its stake of 119,407 shares according to a Form 13F filed with the SEC on October 16, 2026. Because 13F filings look backward at holdings from the end of the prior quarter, the trade itself took place earlier, and the filing may not reflect where the fund stands today.

Inside Y-Intercept's Microsoft Trade

In the filing disclosure, Y-Intercept reported dropping its entire Microsoft position, parting ways with all 119,407 shares to bring its stake down to zero. The complete exit represents a 100.0% reduction from its previous count.

Other Institutional Activity in Microsoft Corporation

Other major institutional investors adjusted their positions differently during the reporting period. Blackrock Inc. grew its holdings by 14,061,346 shares, ending with 607,367,113 shares worth about $321,327,563,718 after a 2.4% increase. Vanguard Capital Management LLC lifted its stake by 2,653,959 shares, or 0.5%, to finish with 485,192,007 shares valued around $256,690,825,380. State Street Corporation added 8,955,571 shares, a 2.9% increase, to hold 315,653,206 shares valued at roughly $166,996,324,781. Geode Capital Management, LLC raised its investment by 1,131,007 shares, resulting in a 0.6% boost to 189,632,090 shares worth about $100,324,854,899. Meanwhile, FMR, LLC trimmed its stake by 4,260,951 shares, or 2.2%, leaving it with 185,960,066 shares valued at approximately $98,382,170,647.

Microsoft Corporation Stock Down 1.4%

Microsoft shares recently changed hands around $526.01, placing the stock 5.0% below its 52-week high of $553.72 and 50.6% above its 52-week low of $349.20. The tech giant trades comfortably above both its 50-day moving average of $504.95 and its 200-day moving average of $435.04.

Recent Earnings

Microsoft generated trailing-twelve-month revenue of $331.84 billion alongside earnings of $17.95 per share. The company reported a net margin of 40.3% and a return on equity of 34.0%, with year-over-year revenue growth reaching 17.7%. Its next earnings update is scheduled for October 28, 2026.

Dividend

Microsoft pays an annualized dividend yielding 0.73%, supported by a payout ratio of 19.8%.

Insider Buying and Selling at Microsoft Corporation

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

Analysts Set New Price Targets

On October 15, 2026, UBS maintained its Buy rating while raising its price target to $675.00 from $525.00. Citigroup kept a Buy rating on the stock while lifting its target to $636.00 from $600.00 on the same day. Mizuho maintained an Outperform rating and bumped its target up to $600.00 from $510.00, and Jefferies kept a Buy rating while moving its target to $650.00 from $575.00. StoneX followed on October 16, 2026, by maintaining a Buy rating and raising its target to $600.00 from $525.00. Overall, analyst consensus leans toward a strong buy, with a mean price target of $596.22 across 53 analyst opinions.

About Microsoft Corporation

Headquartered in Redmond, Washington, Microsoft develops operating systems, server applications, developer tools, productivity software, and hardware devices ranging from personal computers and tablets to gaming consoles. As one of the world's largest technology providers, its platform ecosystem plays a foundational role in enterprise and consumer computing infrastructure.

Bottom Line

Investors will look to Microsoft's upcoming earnings release on October 28, 2026, for fresh insights into operational performance and cloud demand. Institutional reports like Y-Intercept's complete exit capture past portfolio choices rather than live positioning. 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.