Microsoft Co. (NASDAQ:MSFT) Shares Sold by Insight Advisors LLC PA

Insight Advisors LLC PA trimmed its position in shares of Microsoft Co. (NASDAQ:MSFT) by 2.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,804 shares of the software giant’s stock after selling 488 shares during the quarter. Microsoft accounts for approximately 1.3% of Insight Advisors LLC PA’s portfolio, making the stock its 10th largest holding. Insight Advisors LLC PA’s holdings in Microsoft were worth $7,991,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in MSFT. Fiduciary Advisors Inc. acquired a new stake in shares of Microsoft during the 4th quarter valued at approximately $38,000. IFS Advisors LLC increased its stake in Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares in the last quarter. Avondale Wealth Management increased its stake in Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock valued at $46,000 after purchasing an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new position in Microsoft during the third quarter worth $62,000. Finally, Kieckhefer Group LLC purchased a new stake in Microsoft during the fourth quarter worth $141,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MSFT has been the subject of a number of research analyst reports. Royal Bank of Canada restated an “outperform” rating and issued a $500.00 price target on shares of Microsoft in a research report on Thursday, January 30th. UBS Group dropped their target price on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a report on Thursday, January 30th. Piper Sandler reaffirmed an “overweight” rating and issued a $520.00 price target on shares of Microsoft in a report on Monday, January 27th. Tigress Financial raised their price objective on shares of Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a research note on Thursday, March 20th. Finally, Morgan Stanley reduced their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. Four research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $508.86.

Microsoft Trading Down 0.0 %

NASDAQ MSFT opened at $382.14 on Thursday. The firm has a market capitalization of $2.84 trillion, a price-to-earnings ratio of 30.77, a PEG ratio of 2.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. Microsoft Co. has a one year low of $367.24 and a one year high of $468.35. The company’s 50 day moving average price is $402.24 and its 200 day moving average price is $418.11.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, January 29th. The software giant reported $3.23 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 prior year, the firm posted $2.93 EPS. On average, sell-side analysts predict that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Thursday, May 15th. Microsoft’s payout ratio is 26.73%.

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.