Microsoft Co. (NASDAQ:MSFT) Shares Bought by Scarborough Advisors LLC

Scarborough Advisors LLC grew its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 0.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,290 shares of the software giant’s stock after purchasing an additional 168 shares during the period. Microsoft makes up 1.7% of Scarborough Advisors LLC’s portfolio, making the stock its 17th biggest holding. Scarborough Advisors LLC’s holdings in Microsoft were worth $8,382,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in MSFT. Friedenthal Financial purchased a new position in shares of Microsoft in the fourth quarter worth approximately $45,000. Neo Ivy Capital Management purchased a new position in shares of Microsoft during the fourth quarter valued at $58,000. PayPay Securities Corp grew its holdings in shares of Microsoft by 23.7% during the fourth quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock valued at $71,000 after buying an additional 36 shares in the last quarter. Authentikos Wealth Advisory LLC acquired a new position in Microsoft during the third quarter valued at $87,000. Finally, Kathleen S. Wright Associates Inc. lifted its stake in Microsoft by 160.7% in the 4th quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock worth $87,000 after acquiring an additional 143 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Insider Activity

In related news, EVP Judson Althoff sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the completion of the transaction, the executive vice president now owns 104,949 shares in the company, valued at approximately $44,674,690.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, EVP Judson Althoff sold 25,000 shares of the stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the completion of the sale, the executive vice president now owns 104,949 shares in the company, valued at approximately $44,674,690.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CMO Takeshi Numoto sold 244 shares of the business’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $415.53, for a total transaction of $101,389.32. Following the completion of the transaction, the chief marketing officer now owns 47,011 shares in the company, valued at $19,534,480.83. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 25,566 shares of company stock worth $10,877,535. Company insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on MSFT shares. KeyCorp began coverage on shares of Microsoft in a research report on Thursday, March 21st. They issued an “overweight” rating and a $490.00 price target for the company. Truist Financial restated a “buy” rating and set a $600.00 price target on shares of Microsoft in a report on Monday, March 25th. JPMorgan Chase & Co. upped their price target on shares of Microsoft from $440.00 to $470.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. Raymond James restated an “outperform” rating and issued a $480.00 target price (up previously from $450.00) on shares of Microsoft in a research note on Friday, April 26th. Finally, Oppenheimer raised their price target on Microsoft from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, June 7th. Three analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $465.83.

Microsoft Stock Performance

MSFT opened at $442.57 on Monday. The stock has a market cap of $3.29 trillion, a PE ratio of 38.32, a P/E/G ratio of 2.34 and a beta of 0.89. Microsoft Co. has a 1 year low of $309.45 and a 1 year high of $443.40. The stock’s 50 day simple moving average is $417.71 and its 200-day simple moving average is $404.82. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.81 by $0.13. The firm had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The business’s revenue for the quarter was up 17.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.45 EPS. Sell-side analysts forecast that Microsoft Co. will post 11.77 EPS for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date of this dividend is Thursday, August 15th. Microsoft’s payout ratio is 25.97%.

Microsoft Company Profile

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.