Westwind Capital Has $23.59 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Westwind Capital lessened its position in Microsoft Co. (NASDAQ:MSFT) by 0.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 56,072 shares of the software giant’s stock after selling 435 shares during the period. Microsoft makes up 6.0% of Westwind Capital’s holdings, making the stock its 3rd largest position. Westwind Capital’s holdings in Microsoft were worth $23,590,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. GAMMA Investing LLC raised its holdings in shares of Microsoft by 21.0% in the 1st quarter. GAMMA Investing LLC now owns 57,483 shares of the software giant’s stock worth $24,184,000 after purchasing an additional 9,978 shares in the last quarter. Compass Wealth Management LLC grew its position in Microsoft by 4.1% in the first quarter. Compass Wealth Management LLC now owns 12,194 shares of the software giant’s stock worth $5,130,000 after buying an additional 475 shares during the last quarter. NBC Securities Inc. increased its holdings in shares of Microsoft by 0.5% in the first quarter. NBC Securities Inc. now owns 82,250 shares of the software giant’s stock valued at $34,614,000 after buying an additional 418 shares in the last quarter. Norman Fields Gottscho Capital Management LLC lifted its position in shares of Microsoft by 9.2% during the 1st quarter. Norman Fields Gottscho Capital Management LLC now owns 3,494 shares of the software giant’s stock valued at $1,470,000 after acquiring an additional 294 shares during the last quarter. Finally, Madison Park Capital Advisors LLC grew its holdings in shares of Microsoft by 0.6% in the 1st quarter. Madison Park Capital Advisors LLC now owns 14,215 shares of the software giant’s stock worth $5,981,000 after acquiring an additional 86 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Buying and Selling at Microsoft

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. StockNews.com downgraded Microsoft from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. The Goldman Sachs Group raised their price objective on shares of Microsoft from $450.00 to $515.00 and gave the stock a “buy” rating in a research note on Friday, April 26th. DA Davidson reissued a “buy” rating and set a $500.00 target price on shares of Microsoft in a research note on Friday, March 15th. Oppenheimer raised their target price on Microsoft from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, June 7th. Finally, UBS Group reissued a “buy” rating and set a $480.00 price target on shares of Microsoft in a research report on Wednesday, April 10th. Three analysts have rated the stock with a hold rating and thirty-three have assigned a buy rating to the company. Based on data from MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus price target of $465.83.

Microsoft Trading Down 0.1 %

Shares of NASDAQ:MSFT opened at $445.70 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24. The stock’s 50-day moving average is $419.41 and its 200-day moving average is $406.37. The company has a market cap of $3.31 trillion, a P/E ratio of 38.59, a P/E/G ratio of 2.36 and a beta of 0.89. Microsoft Co. has a 52-week low of $309.45 and a 52-week high of $450.94.

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

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 15th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend is Thursday, August 15th. Microsoft’s payout ratio is currently 25.97%.

Microsoft 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.