Brickley Wealth Management Has $852,000 Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Brickley Wealth Management lessened its stake in Microsoft Co. (NASDAQ:MSFT) by 5.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,980 shares of the software giant’s stock after selling 113 shares during the quarter. Microsoft makes up about 0.2% of Brickley Wealth Management’s holdings, making the stock its 27th largest position. Brickley Wealth Management’s holdings in Microsoft were worth $852,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Tyler Stone Wealth Management boosted its holdings in shares of Microsoft by 118.1% in the 3rd quarter. Tyler Stone Wealth Management now owns 21,479 shares of the software giant’s stock worth $9,242,000 after buying an additional 11,633 shares during the last quarter. Truxt Investmentos Ltda. purchased a new position in Microsoft in the 3rd quarter valued at approximately $11,126,000. Round Rock Advisors LLC raised its stake in shares of Microsoft by 0.6% during the 3rd quarter. Round Rock Advisors LLC now owns 36,426 shares of the software giant’s stock valued at $15,674,000 after purchasing an additional 202 shares during the period. Riverstone Advisors LLC lifted its holdings in shares of Microsoft by 0.6% in the third quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant’s stock worth $1,941,000 after buying an additional 25 shares in the last quarter. Finally, Alan B Lancz & Associates Inc. increased its holdings in shares of Microsoft by 2.5% in the third quarter. Alan B Lancz & Associates Inc. now owns 12,468 shares of the software giant’s stock worth $5,365,000 after purchasing an additional 300 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $415.67 on Wednesday. Microsoft Co. has a 12 month low of $384.81 and a 12 month high of $468.35. The firm has a market capitalization of $3.09 trillion, a P/E ratio of 34.30, a P/E/G ratio of 2.37 and a beta of 0.90. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.30 and a quick ratio of 1.29. The company’s fifty day moving average price is $429.08 and its 200 day moving average price is $426.72.

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

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.80%. The ex-dividend date of this dividend is Thursday, February 20th. Microsoft’s dividend payout ratio (DPR) is presently 27.39%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Sanford C. Bernstein decreased their price target on shares of Microsoft from $501.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. JPMorgan Chase & Co. dropped their price objective on Microsoft from $470.00 to $465.00 and set an “overweight” rating for the company in a research note on Thursday, October 31st. Truist Financial restated a “buy” rating and set a $600.00 price target on shares of Microsoft in a report on Monday, October 28th. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, KeyCorp upped their price target on Microsoft from $490.00 to $505.00 and gave the stock an “overweight” rating in a research note on Friday, October 18th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the stock. According to data from MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and a consensus price target of $511.62.

Insider Buying and Selling

In related news, CMO Takeshi Numoto sold 1,000 shares of Microsoft stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $414.72, for a total transaction of $414,720.00. Following the completion of the transaction, the chief marketing officer now directly owns 57,511 shares of the company’s stock, valued at approximately $23,850,961.92. The trade was a 1.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Christopher David Young sold 7,200 shares of the firm’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $423.66, for a total value of $3,050,352.00. Following the completion of the transaction, the executive vice president now owns 103,366 shares of the company’s stock, valued at approximately $43,792,039.56. This represents a 6.51 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 41,200 shares of company stock valued at $17,383,892 over the last three months. 0.03% of the stock is currently owned by company insiders.

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.