Grayhawk Investment Strategies Inc. Has $177,000 Stake in Microsoft Co. (NASDAQ:MSFT)

Grayhawk Investment Strategies Inc. increased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 49.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 472 shares of the software giant’s stock after acquiring an additional 157 shares during the quarter. Grayhawk Investment Strategies Inc.’s holdings in Microsoft were worth $177,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Friedenthal Financial bought a new stake in shares of Microsoft during the fourth quarter worth approximately $45,000. Neo Ivy Capital Management bought a new stake in Microsoft in the 4th quarter valued at $58,000. PayPay Securities Corp boosted its stake in Microsoft by 23.7% in the 4th quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock valued at $71,000 after purchasing an additional 36 shares during the period. Authentikos Wealth Advisory LLC acquired a new position in Microsoft in the 3rd quarter valued at $87,000. Finally, Kathleen S. Wright Associates Inc. increased its position in Microsoft by 160.7% during the 4th quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock worth $87,000 after buying an additional 143 shares during the period. Institutional investors own 71.13% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on MSFT shares. Piper Sandler restated an “overweight” rating and issued a $465.00 price target (up from $455.00) on shares of Microsoft in a research note on Friday, April 26th. Wedbush reissued an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a report on Wednesday, May 22nd. The Goldman Sachs Group raised their target price on shares of Microsoft from $450.00 to $515.00 and gave the stock a “buy” rating in a report on Friday, April 26th. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a research note on Thursday, February 22nd. Finally, KeyCorp started coverage on Microsoft in a research note on Thursday, March 21st. They set an “overweight” rating and a $490.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating and thirty-three have given a buy rating to the stock. Based on data from MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus target price of $465.83.

Insider Buying and Selling

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $44,674,690.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction on 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 sale, the executive vice president now owns 104,949 shares of the company’s stock, valued at $44,674,690.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CMO Takeshi Numoto sold 244 shares of the stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $415.53, for a total value of $101,389.32. Following the sale, the chief marketing officer now owns 47,011 shares of the company’s stock, valued at $19,534,480.83. The disclosure for this sale can be found here. Insiders have sold a total of 25,566 shares of company stock valued at $10,877,535 over the last ninety days. 0.03% of the stock is owned by company insiders.

Microsoft Trading Down 0.5 %

MSFT opened at $446.34 on Wednesday. The company’s 50 day moving average price is $418.59 and its two-hundred day moving average price is $405.81. The firm has a market capitalization of $3.32 trillion, a price-to-earnings ratio of 38.64, a PEG ratio of 2.37 and a beta of 0.89. Microsoft Co. has a fifty-two week low of $309.45 and a fifty-two week high of $450.94. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.24 and a quick ratio of 1.23.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, topping the consensus estimate of $2.81 by $0.13. The company had revenue of $61.86 billion for the quarter, compared to analysts’ expectations of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. Microsoft’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 earnings per share. As a group, research analysts predict that Microsoft Co. will post 11.77 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th will be given a dividend of $0.75 per share. The ex-dividend date is Thursday, August 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.67%. Microsoft’s dividend payout ratio (DPR) 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.