Inspirion Wealth Advisors LLC Lowers Position in Microsoft Co. (NASDAQ:MSFT)

Inspirion Wealth Advisors LLC decreased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 4.4% during the first quarter, according to its most recent filing with the SEC. The firm owned 5,077 shares of the software giant’s stock after selling 232 shares during the period. Inspirion Wealth Advisors LLC’s holdings in Microsoft were worth $2,136,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of Microsoft by 2.4% in the 4th quarter. Vanguard Group Inc. now owns 664,908,939 shares of the software giant’s stock valued at $250,032,357,000 after buying an additional 15,701,937 shares in the last quarter. FMR LLC increased its position in shares of Microsoft by 2.7% during the third quarter. FMR LLC now owns 215,874,152 shares of the software giant’s stock worth $68,162,263,000 after purchasing an additional 5,762,902 shares in the last quarter. Norges Bank purchased a new stake in shares of Microsoft during the 4th quarter valued at $35,920,047,000. International Assets Investment Management LLC purchased a new position in Microsoft during the 4th quarter worth $9,625,201,000. Finally, Jennison Associates LLC increased its position in Microsoft by 1.1% during the 4th quarter. Jennison Associates LLC now owns 25,505,600 shares of the software giant’s stock valued at $9,591,126,000 after buying an additional 277,881 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

NASDAQ MSFT opened at $456.73 on Tuesday. 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 Co. has a 1-year low of $309.45 and a 1-year high of $457.37. The company has a market cap of $3.39 trillion, a PE ratio of 39.54, a price-to-earnings-growth ratio of 2.36 and a beta of 0.89. The stock’s 50 day simple moving average is $424.11 and its 200-day simple moving average is $410.15.

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

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Thursday, August 15th will be issued a $0.75 dividend. The ex-dividend date is Thursday, August 15th. This represents a $3.00 dividend on an annualized basis and a yield of 0.66%. Microsoft’s payout ratio is 25.97%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group upped their price objective on shares of Microsoft from $450.00 to $515.00 and gave the company a “buy” rating in a report on Friday, April 26th. DA Davidson reissued a “buy” rating and set a $500.00 price objective on shares of Microsoft in a report on Friday, March 15th. Wells Fargo & Company raised their target price on Microsoft from $480.00 to $500.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. UBS Group reiterated a “buy” rating and set a $480.00 price target on shares of Microsoft in a research note on Wednesday, April 10th. Finally, Morgan Stanley raised their price objective on Microsoft from $465.00 to $520.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Three research analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $467.12.

Insiders Place Their Bets

In other 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 value 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 $44,674,690.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CMO Takeshi Numoto sold 244 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at approximately $19,534,480.83. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Judson Althoff sold 25,000 shares of the firm’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 sale, the executive vice president now owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The disclosure for this sale can be found here. Insiders have sold 25,566 shares of company stock valued at $10,877,535 in the last ninety days. 0.03% of the stock is currently owned by corporate insiders.

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.