Microsoft Co. (NASDAQ:MSFT) Shares Bought by Valtinson Bruner Financial Planning LLC

Valtinson Bruner Financial Planning LLC lifted its position in shares of Microsoft Co. (NASDAQ:MSFT) by 4.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,152 shares of the software giant’s stock after purchasing an additional 225 shares during the quarter. Valtinson Bruner Financial Planning LLC’s holdings in Microsoft were worth $2,303,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Banque Cantonale Vaudoise lifted its position in shares of Microsoft by 1.8% during the 1st quarter. Banque Cantonale Vaudoise now owns 282,295 shares of the software giant’s stock valued at $118,766,000 after buying an additional 5,044 shares in the last quarter. Wedmont Private Capital raised its position in Microsoft by 5.1% during the first quarter. Wedmont Private Capital now owns 80,247 shares of the software giant’s stock worth $34,208,000 after acquiring an additional 3,902 shares during the period. Bank of New Hampshire lifted its holdings in Microsoft by 15.5% during the first quarter. Bank of New Hampshire now owns 36,567 shares of the software giant’s stock valued at $15,384,000 after purchasing an additional 4,913 shares in the last quarter. Grassi Investment Management grew its position in shares of Microsoft by 0.9% in the first quarter. Grassi Investment Management now owns 162,755 shares of the software giant’s stock valued at $68,474,000 after purchasing an additional 1,416 shares during the period. Finally, Grandview Asset Management LLC increased its stake in shares of Microsoft by 0.8% during the first quarter. Grandview Asset Management LLC now owns 39,246 shares of the software giant’s stock worth $16,512,000 after purchasing an additional 312 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Stock Up 0.1 %

Shares of MSFT opened at $418.78 on Tuesday. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.16. The firm has a market cap of $3.11 trillion, a P/E ratio of 36.26, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90. The company’s 50-day moving average price is $419.90 and its 200 day moving average price is $424.55. Microsoft Co. has a 12-month low of $324.39 and a 12-month high of $468.35.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Tuesday, July 30th. The software giant reported $2.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.90 by $0.05. Microsoft had a net margin of 35.96% and a return on equity of 35.95%. The business had revenue of $64.73 billion for the quarter, compared to the consensus estimate of $64.38 billion. During the same period in the previous year, the firm earned $2.69 EPS. The business’s revenue was up 15.2% on a year-over-year basis. On average, sell-side analysts forecast that Microsoft Co. will post 13.02 earnings per share for the current year.

Microsoft announced that its Board of Directors has authorized a stock buyback program on Monday, September 16th that authorizes the company to buyback $60.00 billion in outstanding shares. This buyback authorization authorizes the software giant to buy up to 1.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Microsoft Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be given a dividend of $0.83 per share. This is a positive change from Microsoft’s previous quarterly dividend of $0.75. This represents a $3.32 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, November 21st. Microsoft’s dividend payout ratio (DPR) is currently 28.74%.

Insider Activity

In related news, CMO Takeshi Numoto sold 2,500 shares of the stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $411.04, for a total transaction of $1,027,600.00. Following the transaction, the chief marketing officer now owns 50,000 shares of the company’s stock, valued at approximately $20,552,000. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Microsoft news, CEO Satya Nadella sold 78,353 shares of the firm’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $408.63, for a total value of $32,017,386.39. Following the completion of the transaction, the chief executive officer now owns 864,327 shares of the company’s stock, valued at $353,189,942.01. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $411.04, for a total value of $1,027,600.00. Following the sale, the chief marketing officer now directly owns 50,000 shares in the company, valued at $20,552,000. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 190,629 shares of company stock valued at $77,916,485. 0.03% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

MSFT has been the topic of a number of research reports. The Goldman Sachs Group decreased their price target on shares of Microsoft from $515.00 to $500.00 and set a “buy” rating on the stock in a research note on Thursday, October 10th. Royal Bank of Canada restated an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a research report on Wednesday, July 31st. Argus boosted their price target on Microsoft from $475.00 to $526.00 and gave the stock a “buy” rating in a research report on Tuesday, July 9th. KeyCorp raised their price objective on Microsoft from $490.00 to $505.00 and gave the company an “overweight” rating in a report on Friday. Finally, Mizuho upped their target price on shares of Microsoft from $450.00 to $480.00 and gave the stock an “outperform” rating in a report on Tuesday, July 16th. One analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $495.68.

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.