Microsoft Co. (NASDAQ:MSFT) Shares Bought by Lloyd Advisory Services LLC.

Lloyd Advisory Services LLC. grew its holdings in Microsoft Co. (NASDAQ:MSFT) by 286.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,612 shares of the software giant’s stock after purchasing an additional 16,025 shares during the period. Microsoft makes up 1.8% of Lloyd Advisory Services LLC.’s investment portfolio, making the stock its 8th largest position. Lloyd Advisory Services LLC.’s holdings in Microsoft were worth $9,093,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of MSFT. Friedenthal Financial acquired a new position in Microsoft during the 4th quarter worth about $45,000. Neo Ivy Capital Management acquired a new stake in shares of Microsoft during the fourth quarter worth about $58,000. PayPay Securities Corp lifted its position 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 in the last quarter. Cooksen Wealth LLC acquired a new position in shares of Microsoft in the fourth quarter valued at approximately $86,000. Finally, Kathleen S. Wright Associates Inc. increased its stake 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. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CMO Takeshi Numoto sold 244 shares of Microsoft 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 owns 47,011 shares of the company’s stock, valued at approximately $19,534,480.83. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at $44,674,690.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 value of $101,389.32. Following the completion of the sale, 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. Over the last ninety days, insiders have sold 25,566 shares of company stock worth $10,877,535. 0.03% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on MSFT. Sanford C. Bernstein lifted their target price on Microsoft from $465.00 to $489.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Piper Sandler reissued an “overweight” rating and issued a $465.00 target price (up previously from $455.00) on shares of Microsoft in a report on Friday, April 26th. Truist Financial reissued a “buy” rating and set a $600.00 target price on shares of Microsoft in a research report on Monday, June 17th. Evercore ISI raised their price objective on shares of Microsoft from $475.00 to $485.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Finally, Wedbush restated an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a report on Wednesday, May 22nd. Three analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $467.12.

Microsoft Stock Performance

NASDAQ:MSFT opened at $446.95 on Friday. The firm’s fifty day simple moving average is $424.11 and its 200-day simple moving average is $409.90. The company has a quick ratio of 1.23, a current ratio of 1.24 and a debt-to-equity ratio of 0.17. The stock has a market cap of $3.32 trillion, a PE ratio of 38.70, a price-to-earnings-growth ratio of 2.39 and a beta of 0.89. Microsoft Co. has a fifty-two week low of $309.45 and a fifty-two week high of $456.17.

Microsoft (NASDAQ:MSFT) last issued its earnings results 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. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The company had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. During the same period in the prior year, the business posted $2.45 earnings per share. The firm’s revenue for the quarter was up 17.0% compared to the same quarter last year. Analysts expect that Microsoft Co. will post 11.77 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

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

About Microsoft

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.