Moser Wealth Advisors LLC Purchases 170 Shares of Microsoft Co. (NASDAQ:MSFT)

Moser Wealth Advisors LLC raised its position in Microsoft Co. (NASDAQ:MSFT) by 0.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,448 shares of the software giant’s stock after buying an additional 170 shares during the quarter. Microsoft comprises about 9.0% of Moser Wealth Advisors LLC’s portfolio, making the stock its largest position. Moser Wealth Advisors LLC’s holdings in Microsoft were worth $17,405,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in MSFT. WFA Asset Management Corp boosted its stake in shares of Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after purchasing an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. lifted its stake in Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock valued at $5,658,000 after purchasing an additional 38 shares during the last quarter. Spectrum Financial Alliance Ltd LLC boosted its position in Microsoft by 8.9% in the second quarter. Spectrum Financial Alliance Ltd LLC now owns 585 shares of the software giant’s stock valued at $261,000 after buying an additional 48 shares in the last quarter. Zhang Financial LLC boosted its position in Microsoft by 0.6% in the second quarter. Zhang Financial LLC now owns 57,674 shares of the software giant’s stock valued at $25,777,000 after buying an additional 366 shares in the last quarter. Finally, Altus Wealth Management LLC grew its stake in shares of Microsoft by 5.5% during the second quarter. Altus Wealth Management LLC now owns 2,454 shares of the software giant’s stock worth $1,097,000 after buying an additional 127 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MSFT. The Goldman Sachs Group dropped their price target on Microsoft from $515.00 to $500.00 and set a “buy” rating for the company in a research note on Thursday, October 10th. Wedbush reiterated an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a research report on Tuesday, November 19th. Sanford C. Bernstein reduced their price target on Microsoft from $501.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Wells Fargo & Company reiterated a “buy” rating on shares of Microsoft in a report on Friday, October 18th. Finally, Piper Sandler lifted their target price on shares of Microsoft from $470.00 to $520.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Three research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $511.53.

Insider Activity

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction 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 in the company, valued at approximately $48,911,598. The trade was a 17.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Christopher David Young sold 7,200 shares of the company’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $423.66, for a total transaction of $3,050,352.00. Following the transaction, the executive vice president now owns 103,366 shares in the company, valued at approximately $43,792,039.56. The trade was 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 worth $17,383,892 over the last quarter. 0.03% of the stock is currently owned by corporate insiders.

Microsoft Stock Up 1.0 %

Shares of NASDAQ MSFT opened at $429.03 on Friday. 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 firm has a market cap of $3.19 trillion, a PE ratio of 35.40, a P/E/G ratio of 2.22 and a beta of 0.90. The company’s fifty day simple moving average is $429.19 and its 200 day simple moving average is $426.57. Microsoft Co. has a 12-month low of $385.58 and a 12-month high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 earnings per share 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 firm had revenue of $65.59 billion for the quarter, compared to analyst estimates of $64.57 billion. During the same quarter in the prior year, the business earned $2.99 earnings per share. The business’s quarterly revenue was up 16.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Microsoft Co. will post 12.92 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $3.32 annualized dividend and a dividend yield of 0.77%. Microsoft’s dividend payout ratio is 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.