Microsoft Co. (NASDAQ:MSFT) is Kampmann Melissa S.’s 3rd Largest Position

Kampmann Melissa S. lowered its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 15,720 shares of the software giant’s stock after selling 25 shares during the quarter. Microsoft comprises 4.8% of Kampmann Melissa S.’s investment portfolio, making the stock its 3rd biggest holding. Kampmann Melissa S.’s holdings in Microsoft were worth $6,764,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Christopher J. Hasenberg Inc grew its position in shares of Microsoft by 169.2% during the second quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant’s stock worth $31,000 after acquiring an additional 44 shares during the last quarter. Quarry LP acquired a new stake in Microsoft during the 2nd quarter worth $45,000. Innealta Capital LLC purchased a new position in Microsoft during the 2nd quarter worth $75,000. Carolina Wealth Advisors LLC increased its stake in Microsoft by 10.1% in the third quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant’s stock valued at $145,000 after purchasing an additional 31 shares during the period. Finally, MayTech Global Investments LLC purchased a new stake in shares of Microsoft in the second quarter valued at about $200,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Buying and Selling

In other 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 transaction, the chief marketing officer now owns 57,511 shares in the company, 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 filing with the SEC, which can be accessed through the SEC website. Also, EVP Judson Althoff sold 25,000 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $417.00, for a total value of $10,425,000.00. Following the completion of the sale, the executive vice president now directly owns 117,294 shares of the company’s stock, valued at approximately $48,911,598. This represents a 17.57 % 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 currently owned by insiders.

Microsoft Trading Down 0.4 %

Shares of MSFT stock opened at $415.67 on Wednesday. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 0.15. The stock has a 50-day simple moving average of $429.08 and a 200 day simple moving average of $426.72. Microsoft Co. has a fifty-two week low of $384.81 and a fifty-two week high of $468.35. The stock 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.

Microsoft (NASDAQ:MSFT) last released its earnings results 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 business had revenue of $65.59 billion for the quarter, compared to the consensus estimate of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The business’s revenue for the quarter was up 16.0% on a year-over-year basis. During the same period in the previous year, the firm earned $2.99 EPS. On average, sell-side analysts expect that Microsoft Co. will post 12.93 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, 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 is Thursday, February 20th. Microsoft’s dividend payout ratio is presently 27.39%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Stifel Nicolaus lifted their target price on Microsoft from $475.00 to $515.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a research note on Tuesday, November 5th. 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. Truist Financial reiterated a “buy” rating and set a $600.00 price target on shares of Microsoft in a research note on Monday, October 28th. Finally, Oppenheimer downgraded shares of Microsoft from an “outperform” rating to a “market perform” rating in a research report on Tuesday, October 8th. Three research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $511.62.

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.