Microsoft Co. (NASDAQ:MSFT) Shares Sold by Disciplined Investments LLC

Disciplined Investments LLC trimmed its holdings in Microsoft Co. (NASDAQ:MSFT) by 35.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,335 shares of the software giant’s stock after selling 725 shares during the quarter. Disciplined Investments LLC’s holdings in Microsoft were worth $562,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financial Security Advisor Inc. boosted its holdings in Microsoft by 1.7% in the fourth quarter. Financial Security Advisor Inc. now owns 27,270 shares of the software giant’s stock valued at $10,255,000 after purchasing an additional 452 shares in the last quarter. Gunderson Capital Management Inc. boosted its holdings in Microsoft by 0.7% in the fourth quarter. Gunderson Capital Management Inc. now owns 24,887 shares of the software giant’s stock valued at $9,359,000 after purchasing an additional 185 shares in the last quarter. Rappaport Reiches Capital Management LLC boosted its holdings in shares of Microsoft by 14.9% in the fourth quarter. Rappaport Reiches Capital Management LLC now owns 8,213 shares of the software giant’s stock valued at $3,089,000 after acquiring an additional 1,067 shares during the period. Bayesian Capital Management LP boosted its holdings in shares of Microsoft by 60.1% in the fourth quarter. Bayesian Capital Management LP now owns 48,500 shares of the software giant’s stock valued at $18,238,000 after acquiring an additional 18,200 shares during the period. Finally, RNC Capital Management LLC boosted its holdings in shares of Microsoft by 10.4% in the fourth quarter. RNC Capital Management LLC now owns 69,053 shares of the software giant’s stock valued at $25,967,000 after acquiring an additional 6,484 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Trading Up 0.6 %

NASDAQ:MSFT opened at $459.28 on Wednesday. The company has a market capitalization of $3.41 trillion, a PE ratio of 39.76, a price-to-earnings-growth ratio of 2.36 and a beta of 0.89. The stock has a fifty day simple moving average of $425.22 and a 200-day simple moving average of $410.79. Microsoft Co. has a 52-week low of $309.45 and a 52-week high of $459.59. The company has a quick ratio of 1.23, a current ratio of 1.24 and a debt-to-equity ratio of 0.17.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 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 analysts’ expectations of $60.86 billion. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The firm’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same quarter last year, the business posted $2.45 EPS. On average, equities research analysts expect that Microsoft Co. will post 11.77 earnings per share for the current fiscal 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. This represents a $3.00 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date is Thursday, August 15th. Microsoft’s dividend payout ratio is presently 25.97%.

Insider Buying and Selling

In related news, EVP Judson Althoff sold 25,000 shares of Microsoft 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 completion of the sale, the executive vice president now owns 104,949 shares in the company, valued at approximately $44,674,690.32. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other Microsoft news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction dated 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 owns 104,949 shares in the company, valued at approximately $44,674,690.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Takeshi Numoto sold 322 shares of Microsoft stock in a transaction dated Friday, May 31st. The shares were sold at an average price of $416.60, for a total value of $134,145.20. Following the completion of the sale, the chief marketing officer now owns 47,255 shares of the company’s stock, valued at approximately $19,686,433. 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. 0.03% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MSFT. New Street Research began coverage on Microsoft in a report on Monday, June 10th. They issued a “buy” rating and a $570.00 price objective for the company. Evercore ISI increased their price objective on Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Raymond James reissued an “outperform” rating and issued a $480.00 price objective (up from $450.00) on shares of Microsoft in a report on Friday, April 26th. Truist Financial reissued a “buy” rating and issued a $600.00 price objective on shares of Microsoft in a report on Monday, June 17th. Finally, Oppenheimer increased their price objective on Microsoft from $450.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, June 7th. Three research analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the company. According to data from MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and a consensus target price of $467.12.

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.