Microsoft Co. (NASDAQ:MSFT) Stake Lifted by Transatlantique Private Wealth LLC

Transatlantique Private Wealth LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 2.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,280 shares of the software giant’s stock after purchasing an additional 582 shares during the quarter. Microsoft accounts for 5.5% of Transatlantique Private Wealth LLC’s investment portfolio, making the stock its biggest position. Transatlantique Private Wealth LLC’s holdings in Microsoft were worth $13,444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of MSFT. Christopher J. Hasenberg Inc grew its position in Microsoft by 169.2% in the second quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant’s stock valued at $31,000 after acquiring an additional 44 shares in the last quarter. Innealta Capital LLC purchased a new position in shares of Microsoft in the second quarter valued at $75,000. Bellevue Group AG grew its holdings in Microsoft by 47.5% during the 1st quarter. Bellevue Group AG now owns 180 shares of the software giant’s stock valued at $76,000 after purchasing an additional 58 shares in the last quarter. Bbjs Financial Advisors LLC increased its stake in Microsoft by 241.4% during the 2nd quarter. Bbjs Financial Advisors LLC now owns 379 shares of the software giant’s stock worth $169,000 after buying an additional 268 shares during the period. Finally, MayTech Global Investments LLC acquired a new position in Microsoft in the 2nd quarter worth $200,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Buying and Selling at Microsoft

In other Microsoft news, CEO Satya Nadella sold 78,353 shares of Microsoft stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $408.63, for a total transaction of $32,017,386.39. Following the transaction, the chief executive officer now directly owns 864,327 shares in the company, valued at approximately $353,189,942.01. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Microsoft news, CEO Satya Nadella sold 78,353 shares of Microsoft stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $408.63, for a total value of $32,017,386.39. Following the transaction, the chief executive officer now owns 864,327 shares of the company’s stock, valued at approximately $353,189,942.01. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $411.04, for a total value of $1,027,600.00. Following the completion of the sale, the chief marketing officer now directly owns 50,000 shares in the company, valued at $20,552,000. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 190,629 shares of company stock valued at $77,916,485. 0.03% of the stock is currently owned by insiders.

Microsoft Stock Up 1.2 %

Shares of NASDAQ MSFT opened at $425.43 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.29 and a current ratio of 1.30. The stock has a market cap of $3.16 trillion, a PE ratio of 35.10, a PEG ratio of 2.16 and a beta of 0.91. Microsoft Co. has a 52-week low of $360.36 and a 52-week high of $468.35. The business has a fifty day moving average of $420.74 and a two-hundred day moving average of $424.80.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, beating the consensus estimate of $3.10 by $0.20. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The business had revenue of $65.59 billion for the quarter, compared to analysts’ expectations of $64.57 billion. During the same period in the prior year, the firm earned $2.99 earnings per share. Microsoft’s revenue was up 16.0% compared to the same quarter last year. As a group, equities research analysts expect that Microsoft Co. will post 12.95 earnings per share for the current fiscal year.

Microsoft declared that its Board of Directors has approved a stock repurchase plan on Monday, September 16th that authorizes the company to buyback $60.00 billion in shares. This buyback authorization authorizes the software giant to purchase up to 1.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its stock is undervalued.

Microsoft Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be given a dividend of $0.83 per share. This is a boost from Microsoft’s previous quarterly dividend of $0.75. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $3.32 annualized dividend and a dividend yield of 0.78%. Microsoft’s payout ratio is currently 27.39%.

Analysts Set New Price Targets

Several research firms recently commented on MSFT. Morgan Stanley boosted their price target on Microsoft from $506.00 to $548.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st. KeyCorp upped their target price on shares of Microsoft from $490.00 to $505.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. Citigroup lowered their price target on Microsoft from $500.00 to $497.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. UBS Group decreased their price target on shares of Microsoft from $510.00 to $500.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Finally, DA Davidson lowered shares of Microsoft from a “buy” rating to a “neutral” rating and set a $475.00 price objective on the stock. in a research note on Monday, September 23rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-six have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $503.03.

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.