Frazier Financial Advisors LLC Purchases 26 Shares of Microsoft Co. (NASDAQ:MSFT)

Frazier Financial Advisors LLC grew its position in Microsoft Co. (NASDAQ:MSFT) by 0.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,784 shares of the software giant’s stock after acquiring an additional 26 shares during the period. Microsoft comprises about 1.3% of Frazier Financial Advisors LLC’s portfolio, making the stock its 12th largest holding. Frazier Financial Advisors LLC’s holdings in Microsoft were worth $1,628,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. First National Bank Sioux Falls lifted its holdings in shares of Microsoft by 0.4% in the second quarter. First National Bank Sioux Falls now owns 6,340 shares of the software giant’s stock worth $2,834,000 after acquiring an additional 24 shares during the last quarter. BCK Partners Inc. increased its position in Microsoft by 1.8% during the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock worth $582,000 after purchasing an additional 24 shares in the last quarter. Massachusetts Wealth Management lifted its stake in Microsoft by 0.3% in the 2nd quarter. Massachusetts Wealth Management now owns 9,640 shares of the software giant’s stock valued at $4,309,000 after purchasing an additional 25 shares during the last quarter. Deseret Mutual Benefit Administrators boosted its position in Microsoft by 0.8% in the second quarter. Deseret Mutual Benefit Administrators now owns 3,255 shares of the software giant’s stock valued at $1,455,000 after buying an additional 25 shares in the last quarter. Finally, Conscious Wealth Investments LLC grew its stake in shares of Microsoft by 0.4% during the second quarter. Conscious Wealth Investments LLC now owns 6,986 shares of the software giant’s stock worth $3,108,000 after buying an additional 25 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 1,000 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were 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. This represents a 1.71 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction dated 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 transaction, the executive vice president now owns 117,294 shares of the company’s stock, valued at $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 valued at $17,383,892 over the last ninety days. 0.03% of the stock is owned by company insiders.

Microsoft Stock Up 4.1 %

Shares of NASDAQ MSFT opened at $446.20 on Thursday. 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 $3.32 trillion, a PE ratio of 36.82, a P/E/G ratio of 2.28 and a beta of 0.90. The company’s fifty day simple moving average is $429.65 and its 200 day simple moving average is $425.70. Microsoft Co. has a 12-month low of $385.58 and a 12-month high of $468.35.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.10 by $0.20. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The company had revenue of $65.59 billion for the quarter, compared to analysts’ expectations of $64.57 billion. During the same quarter in the prior year, the firm earned $2.99 EPS. The business’s revenue was up 16.0% on a year-over-year basis. As a group, sell-side analysts forecast that Microsoft Co. will post 12.92 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date is Thursday, February 20th. Microsoft’s payout ratio is 27.39%.

Analyst Ratings Changes

Several research firms recently weighed in on MSFT. Wells Fargo & Company reissued a “buy” rating on shares of Microsoft in a report on Friday, October 18th. Wedbush restated an “outperform” rating and set a $550.00 price target on shares of Microsoft in a report on Tuesday, November 19th. Piper Sandler upped their price objective on Microsoft from $470.00 to $520.00 and gave the company an “overweight” rating in a research note on Monday, January 6th. Mizuho lifted their target price on shares of Microsoft from $480.00 to $510.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. Finally, KeyCorp upped their price target on shares of Microsoft from $490.00 to $505.00 and gave the company an “overweight” rating in a research report on Friday, October 18th. Two analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and an average price target of $512.66.

Microsoft 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.