Glass Jacobson Investment Advisors llc Has $3.31 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Glass Jacobson Investment Advisors llc lessened its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 1.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 7,691 shares of the software giant’s stock after selling 111 shares during the period. Microsoft makes up approximately 1.1% of Glass Jacobson Investment Advisors llc’s holdings, making the stock its 19th largest position. Glass Jacobson Investment Advisors llc’s holdings in Microsoft were worth $3,309,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. BCK Partners Inc. boosted its position in Microsoft by 1.8% in the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after buying an additional 24 shares during the last quarter. Massachusetts Wealth Management boosted its position in shares of Microsoft by 0.3% in the 2nd quarter. Massachusetts Wealth Management now owns 9,640 shares of the software giant’s stock worth $4,309,000 after purchasing an additional 25 shares during the last quarter. Deseret Mutual Benefit Administrators boosted its position in shares of Microsoft by 0.8% in the 2nd quarter. Deseret Mutual Benefit Administrators now owns 3,255 shares of the software giant’s stock worth $1,455,000 after purchasing an additional 25 shares during the last quarter. Conscious Wealth Investments LLC boosted its position in shares of Microsoft by 0.4% in the 2nd quarter. Conscious Wealth Investments LLC now owns 6,986 shares of the software giant’s stock worth $3,108,000 after purchasing an additional 25 shares during the last quarter. Finally, Global Wealth Strategies & Associates boosted its position in shares of Microsoft by 0.8% in the 3rd quarter. Global Wealth Strategies & Associates now owns 2,997 shares of the software giant’s stock worth $1,290,000 after purchasing an additional 25 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Activity

In related news, EVP Christopher David Young sold 7,200 shares of Microsoft stock in a transaction dated 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 completion of the transaction, the executive vice president now owns 103,366 shares in the company, valued at approximately $43,792,039.56. This trade represents a 6.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CMO Takeshi Numoto sold 1,000 shares of Microsoft stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $414.72, for a total value of $414,720.00. Following the transaction, the chief marketing officer now owns 57,511 shares of the company’s stock, valued at $23,850,961.92. The trade was a 1.71 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 41,200 shares of company stock worth $17,383,892 in the last quarter. Corporate insiders own 0.03% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $409.75 on Monday. The stock has a market capitalization of $3.05 trillion, a price-to-earnings ratio of 32.99, a PEG ratio of 2.21 and a beta of 0.90. The business has a 50-day moving average of $431.44 and a 200-day moving average of $423.56. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a fifty-two week low of $385.58 and a fifty-two week high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, beating the consensus estimate of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period in the previous year, the business posted $2.93 earnings per share. As a group, sell-side analysts predict that Microsoft Co. will post 13.07 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 issued a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.81%. The ex-dividend date is Thursday, February 20th. Microsoft’s payout ratio is 26.73%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. StockNews.com upgraded Microsoft from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. reduced their price target on Microsoft from $470.00 to $465.00 and set an “overweight” rating on the stock in a research report on Thursday, October 31st. TD Cowen reduced their price target on Microsoft from $495.00 to $475.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Stifel Nicolaus raised their price target on Microsoft from $475.00 to $515.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Finally, 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 research report on Friday, October 25th. Three analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $510.96.

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.