Microsoft Co. (NASDAQ:MSFT) Shares Sold by Prairieview Wealth Partners LLC

Prairieview Wealth Partners LLC trimmed its holdings in Microsoft Co. (NASDAQ:MSFT) by 6.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,036 shares of the software giant’s stock after selling 75 shares during the period. Microsoft accounts for about 0.4% of Prairieview Wealth Partners LLC’s holdings, making the stock its 15th biggest holding. Prairieview Wealth Partners LLC’s holdings in Microsoft were worth $436,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Friedenthal Financial acquired a new stake in shares of Microsoft in the 4th quarter worth $45,000. Neo Ivy Capital Management purchased a new stake in shares of Microsoft in the fourth quarter valued at about $58,000. PayPay Securities Corp increased its position in Microsoft by 23.7% during the fourth quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock worth $71,000 after purchasing an additional 36 shares during the last quarter. Cooksen Wealth LLC purchased a new stake in shares of Microsoft in the 4th quarter valued at approximately $86,000. Finally, Authentikos Wealth Advisory LLC acquired a new stake in shares of Microsoft during the 3rd quarter worth approximately $87,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Microsoft

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the company’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 sale, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Microsoft news, CMO Takeshi Numoto sold 244 shares of the company’s stock in a transaction on 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 approximately $19,534,480.83. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Judson Althoff sold 25,000 shares of Microsoft 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 directly owns 104,949 shares in the company, valued at approximately $44,674,690.32. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,566 shares of company stock worth $10,877,535. Company insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on MSFT. StockNews.com cut Microsoft from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. Citigroup lowered their price target on Microsoft from $480.00 to $475.00 and set a “buy” rating for the company in a report on Thursday, April 18th. UBS Group restated a “buy” rating and issued a $480.00 price objective on shares of Microsoft in a report on Wednesday, April 10th. Raymond James reaffirmed an “outperform” rating and set a $480.00 target price (up previously from $450.00) on shares of Microsoft in a research note on Friday, April 26th. Finally, Oppenheimer upped their price objective on shares of Microsoft from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Friday, June 7th. Three 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, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $465.83.

Microsoft Stock Down 0.5 %

Microsoft stock opened at $446.34 on Thursday. The company has a market capitalization of $3.32 trillion, a P/E ratio of 38.64, a PEG ratio of 2.36 and a beta of 0.89. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24. Microsoft Co. has a fifty-two week low of $309.45 and a fifty-two week high of $450.94. The stock has a 50-day simple moving average of $419.05 and a 200-day simple moving average of $406.10.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, beating the consensus estimate of $2.81 by $0.13. The business had revenue of $61.86 billion during the quarter, compared to the consensus estimate of $60.86 billion. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The company’s revenue was up 17.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.45 earnings per share. Equities research analysts expect that Microsoft Co. will post 11.77 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th will be issued a $0.75 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.67%. 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.