Microsoft Co. (NASDAQ:MSFT) is Alpha DNA Investment Management LLC’s 7th Largest Position

Alpha DNA Investment Management LLC trimmed its stake in Microsoft Co. (NASDAQ:MSFT) by 3.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 8,948 shares of the software giant’s stock after selling 320 shares during the period. Microsoft comprises 1.4% of Alpha DNA Investment Management LLC’s investment portfolio, making the stock its 7th biggest holding. Alpha DNA Investment Management LLC’s holdings in Microsoft were worth $3,850,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in MSFT. Charles Schwab Investment Management Inc. grew its holdings in shares of Microsoft by 1.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant’s stock valued at $20,322,513,000 after purchasing an additional 652,493 shares in the last quarter. International Assets Investment Management LLC boosted its position in Microsoft by 48,526.1% in the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock valued at $16,567,258,000 after buying an additional 38,422,466 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Microsoft by 0.3% in the second quarter. Ameriprise Financial Inc. now owns 34,511,544 shares of the software giant’s stock worth $15,426,767,000 after acquiring an additional 97,075 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Microsoft by 6.9% during the second quarter. Dimensional Fund Advisors LP now owns 24,091,789 shares of the software giant’s stock worth $10,768,771,000 after acquiring an additional 1,563,533 shares during the period. Finally, Swiss National Bank raised its stake in shares of Microsoft by 0.3% in the third quarter. Swiss National Bank now owns 20,957,770 shares of the software giant’s stock valued at $9,018,128,000 after acquiring an additional 57,800 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Microsoft

In other Microsoft news, EVP Christopher David Young sold 7,200 shares of the stock in a transaction on Tuesday, November 12th. The stock was 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 in the company, valued at approximately $43,792,039.56. This represents a 6.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction that occurred on 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 owns 117,294 shares in the company, valued at approximately $48,911,598. This represents a 17.57 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 41,200 shares of company stock worth $17,383,892 in the last three months. Insiders own 0.03% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $414.99 on Friday. Microsoft Co. has a one year low of $385.58 and a one year high of $468.35. The stock has a market capitalization of $3.09 trillion, a price-to-earnings ratio of 34.24, a PEG ratio of 2.40 and a beta of 0.90. The company has a 50-day simple moving average of $432.55 and a 200-day simple moving average of $424.95. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.29 and a current ratio of 1.30.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating the consensus estimate of $3.15 by $0.08. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. During the same quarter in the prior year, the firm posted $2.93 earnings per share. On average, analysts predict that Microsoft Co. will post 12.9 EPS for the current year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be issued 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 is presently 26.73%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Wedbush restated an “outperform” rating and set a $550.00 price target on shares of Microsoft in a report on Tuesday, November 19th. Cantor Fitzgerald restated an “overweight” rating and set a $509.00 target price on shares of Microsoft in a research note on Wednesday. BMO Capital Markets decreased their price target on shares of Microsoft from $500.00 to $495.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. Sanford C. Bernstein dropped their price objective on shares of Microsoft from $501.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Finally, Loop Capital boosted their target price on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd. Three research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company’s stock. According to MarketBeat, Microsoft has an average rating of “Moderate Buy” and an average target price of $509.72.

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.