Microsoft Co. (NASDAQ:MSFT) Shares Bought by Mason & Associates Inc

Mason & Associates Inc grew its holdings in Microsoft Co. (NASDAQ:MSFT) by 1.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,760 shares of the software giant’s stock after purchasing an additional 180 shares during the quarter. Microsoft makes up approximately 1.0% of Mason & Associates Inc’s portfolio, making the stock its 21st largest holding. Mason & Associates Inc’s holdings in Microsoft were worth $4,200,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of MSFT. Yoder Wealth Management Inc. grew its holdings in Microsoft by 11.8% during the 3rd quarter. Yoder Wealth Management Inc. now owns 2,861 shares of the software giant’s stock valued at $1,231,000 after buying an additional 302 shares during the last quarter. Jackson Wealth Management LLC lifted its position in shares of Microsoft by 68.6% in the third quarter. Jackson Wealth Management LLC now owns 133,162 shares of the software giant’s stock valued at $57,300,000 after acquiring an additional 54,161 shares in the last quarter. Commonwealth Financial Services LLC boosted its stake in shares of Microsoft by 0.9% during the third quarter. Commonwealth Financial Services LLC now owns 20,155 shares of the software giant’s stock valued at $8,479,000 after acquiring an additional 187 shares during the last quarter. Greystone Financial Group LLC increased its position in Microsoft by 2.9% during the 3rd quarter. Greystone Financial Group LLC now owns 33,643 shares of the software giant’s stock worth $14,477,000 after purchasing an additional 936 shares in the last quarter. Finally, Beese Fulmer Investment Management Inc. raised its stake in Microsoft by 0.3% in the 3rd quarter. Beese Fulmer Investment Management Inc. now owns 132,017 shares of the software giant’s stock valued at $56,807,000 after purchasing an additional 352 shares during the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Judson Althoff sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $417.00, for a total transaction of $10,425,000.00. Following the completion of the sale, the executive vice president now owns 117,294 shares of the company’s stock, valued at approximately $48,911,598. This trade represents a 17.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Christopher David Young sold 7,200 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $423.66, for a total transaction of $3,050,352.00. Following the completion of the sale, the executive vice president now directly owns 103,366 shares in the company, valued at $43,792,039.56. This represents a 6.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 41,200 shares of company stock worth $17,383,892 in the last three months. 0.03% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on MSFT shares. Mizuho lifted their price target on shares of Microsoft from $480.00 to $510.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. DA Davidson cut shares of Microsoft from a “buy” rating to a “neutral” rating and set a $475.00 target price for the company. in a research note on Monday, September 23rd. StockNews.com lowered Microsoft from a “buy” rating to a “hold” rating in a research note on Friday. Morgan Stanley upped their target price on Microsoft from $506.00 to $548.00 and gave the company an “overweight” rating in a research note on Thursday, October 31st. Finally, TD Cowen decreased their price target on Microsoft from $495.00 to $475.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Three equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $508.46.

Microsoft Trading Down 0.1 %

MSFT opened at $436.60 on Friday. The firm has a market capitalization of $3.25 trillion, a P/E ratio of 36.02, a P/E/G ratio of 2.37 and a beta of 0.90. The firm’s 50 day moving average is $427.02 and its 200-day moving average is $428.32. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 0.15. Microsoft Co. has a 52-week low of $366.50 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.20. The firm had revenue of $65.59 billion for the quarter, compared to analyst estimates of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The firm’s revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.99 EPS. Analysts expect that Microsoft Co. will post 12.93 EPS for the current fiscal year.

Microsoft announced that its Board of Directors has authorized a stock buyback plan on Monday, September 16th that permits the company to repurchase $60.00 billion in shares. This repurchase authorization permits the software giant to repurchase up to 1.9% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a yield of 0.76%. Microsoft’s dividend payout ratio (DPR) is presently 27.39%.

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.