Microsoft Co. (NASDAQ:MSFT) Shares Sold by Gordian Capital Singapore Pte Ltd

Gordian Capital Singapore Pte Ltd lessened its position in shares of Microsoft Co. (NASDAQ:MSFT) by 7.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,081 shares of the software giant’s stock after selling 3,833 shares during the quarter. Microsoft makes up about 7.5% of Gordian Capital Singapore Pte Ltd’s investment portfolio, making the stock its 3rd largest position. Gordian Capital Singapore Pte Ltd’s holdings in Microsoft were worth $19,829,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. PYA Waltman Capital LLC boosted its stake in Microsoft by 6.7% during the third quarter. PYA Waltman Capital LLC now owns 4,056 shares of the software giant’s stock worth $1,745,000 after buying an additional 255 shares in the last quarter. Geller Advisors LLC raised its stake in shares of Microsoft by 3.2% in the 3rd quarter. Geller Advisors LLC now owns 46,455 shares of the software giant’s stock valued at $19,990,000 after buying an additional 1,462 shares in the last quarter. Drucker Wealth 3.0 LLC lifted its holdings in shares of Microsoft by 1.2% during the 3rd quarter. Drucker Wealth 3.0 LLC now owns 20,370 shares of the software giant’s stock worth $8,765,000 after acquiring an additional 233 shares during the period. Hamilton Capital LLC boosted its position in shares of Microsoft by 13.4% during the 3rd quarter. Hamilton Capital LLC now owns 11,570 shares of the software giant’s stock valued at $4,702,000 after acquiring an additional 1,370 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its position in Microsoft by 1.0% in the third quarter. Public Employees Retirement System of Ohio now owns 3,757,006 shares of the software giant’s stock worth $1,616,640,000 after purchasing an additional 36,808 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Insider Activity at Microsoft

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were 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 of the company’s stock, valued at approximately $48,911,598. This represents a 17.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO Takeshi Numoto sold 2,500 shares of Microsoft stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $430.87, for a total transaction of $1,077,175.00. Following the transaction, the chief marketing officer now directly owns 53,852 shares in the company, valued at approximately $23,203,211.24. This represents a 4.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 34,000 shares of company stock worth $14,333,540 in the last ninety days. Company insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on MSFT shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $509.00 price objective on shares of Microsoft in a report on Wednesday, January 29th. UBS Group lowered their price target on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. Piper Sandler reissued an “overweight” rating and set a $520.00 price objective on shares of Microsoft in a report on Monday, January 27th. KeyCorp boosted their target price on shares of Microsoft from $490.00 to $505.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. Finally, Sanford C. Bernstein dropped their target price on shares of Microsoft from $501.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Three research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the stock. Based on data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus target price of $510.96.

Microsoft Trading Up 0.6 %

MSFT opened at $412.22 on Tuesday. Microsoft Co. has a fifty-two week low of $385.58 and a fifty-two week high of $468.35. The company has a market cap of $3.06 trillion, a price-to-earnings ratio of 33.19, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The firm has a 50 day simple moving average of $431.44 and a 200 day simple moving average of $423.41.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping 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 last year, the company posted $2.93 EPS. On average, sell-side analysts anticipate that Microsoft Co. will post 13.07 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.81%. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

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.