Microsoft Co. (NASDAQ:MSFT) Shares Sold by Shilanski & Associates Inc.

Shilanski & Associates Inc. decreased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,174 shares of the software giant’s stock after selling 103 shares during the quarter. Microsoft comprises 2.2% of Shilanski & Associates Inc.’s holdings, making the stock its 11th biggest position. Shilanski & Associates Inc.’s holdings in Microsoft were worth $6,384,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in MSFT. Friedenthal Financial acquired a new position in Microsoft in the 4th quarter worth approximately $45,000. Neo Ivy Capital Management acquired a new stake in shares of Microsoft in the fourth quarter worth $58,000. PayPay Securities Corp raised 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 worth $71,000 after purchasing an additional 36 shares during the last quarter. Cooksen Wealth LLC purchased a new position in shares of Microsoft during the fourth quarter worth $86,000. Finally, Kathleen S. Wright Associates Inc. boosted its holdings in Microsoft by 160.7% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock valued at $87,000 after purchasing an additional 143 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Trading Up 0.7 %

Shares of Microsoft stock opened at $450.95 on Wednesday. Microsoft Co. has a fifty-two week low of $309.45 and a fifty-two week high of $452.75. 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 firm has a market capitalization of $3.35 trillion, a price-to-earnings ratio of 39.04, a PEG ratio of 2.37 and a beta of 0.89. The stock has a 50 day moving average of $421.37 and a 200 day moving average of $408.52.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. The firm 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 quarterly revenue was up 17.0% on a year-over-year basis. During the same period last year, the company earned $2.45 EPS. As a group, research analysts predict that Microsoft Co. will post 11.77 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 15th will be given a dividend of $0.75 per share. 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 currently 25.97%.

Wall Street Analysts Forecast Growth

MSFT has been the subject of several analyst reports. Morgan Stanley boosted their price objective on Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. BMO Capital Markets upped their price objective on Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a research report on Friday, April 12th. Stifel Nicolaus reaffirmed a “buy” rating and set a $455.00 price objective on shares of Microsoft in a research note on Monday, April 22nd. UBS Group reiterated a “buy” rating and issued a $480.00 target price on shares of Microsoft in a research note on Wednesday, April 10th. Finally, Tigress Financial raised their price objective on Microsoft from $475.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, June 13th. Three analysts have rated the stock with a hold rating and thirty-three have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $467.12.

Insider Activity at Microsoft

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

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.