Microsoft Co. (NASDAQ:MSFT) Shares Sold by David J Yvars Group

David J Yvars Group lessened its holdings in Microsoft Co. (NASDAQ:MSFT) by 5.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 24,336 shares of the software giant’s stock after selling 1,357 shares during the quarter. Microsoft accounts for approximately 6.3% of David J Yvars Group’s holdings, making the stock its 4th largest holding. David J Yvars Group’s holdings in Microsoft were worth $10,258,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. BCK Partners Inc. increased its holdings in shares of 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 acquiring an additional 24 shares during the last quarter. Conscious Wealth Investments LLC increased its holdings 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 valued at $3,108,000 after acquiring an additional 25 shares during the last quarter. Global Wealth Strategies & Associates increased its holdings 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 valued at $1,290,000 after acquiring an additional 25 shares during the last quarter. Christopher J. Hasenberg Inc increased its holdings in shares of Microsoft by 35.7% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after acquiring an additional 25 shares during the last quarter. Finally, Sequent Asset Management LLC increased its holdings in shares of Microsoft by 1.3% in the 3rd quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock valued at $853,000 after acquiring an additional 25 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Buying and Selling

In related news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $430.87, for a total value of $1,077,175.00. Following the completion of the transaction, the chief marketing officer now owns 53,852 shares in the company, valued at $23,203,211.24. The trade was a 4.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold 8,000 shares of company stock worth $3,493,820 in the last quarter. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on MSFT. DA Davidson restated a “neutral” rating and set a $425.00 price target on shares of Microsoft in a research note on Thursday, January 30th. Wedbush restated an “outperform” rating and set a $550.00 price target on shares of Microsoft in a research note on Tuesday, November 19th. Piper Sandler restated an “overweight” rating and set a $520.00 price target on shares of Microsoft in a research note on Monday, January 27th. Cantor Fitzgerald restated an “overweight” rating and set a $509.00 price target on shares of Microsoft in a research note on Wednesday, January 29th. Finally, BMO Capital Markets dropped their price target on Microsoft from $500.00 to $495.00 and set an “outperform” rating on the stock in a research note on Thursday, October 31st. Three equities research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $510.96.

Microsoft Stock Down 1.9 %

NASDAQ MSFT opened at $408.25 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average is $425.20 and its two-hundred day moving average is $422.88. The company has a market capitalization of $3.03 trillion, a price-to-earnings ratio of 32.87, a PEG ratio of 2.21 and a beta of 0.90. Microsoft Co. has a 1-year low of $385.58 and a 1-year high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same period in the previous year, the company earned $2.93 earnings per share. Equities analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be given a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend is Thursday, February 20th. 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.