Microsoft Co. (NASDAQ:MSFT) is Riverview Capital Advisers LLC’s 7th Largest Position

Riverview Capital Advisers LLC lessened its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 0.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,489 shares of the software giant’s stock after selling 56 shares during the period. Microsoft makes up approximately 3.5% of Riverview Capital Advisers LLC’s portfolio, making the stock its 7th biggest holding. Riverview Capital Advisers LLC’s holdings in Microsoft were worth $10,498,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Christopher J. Hasenberg Inc boosted its position in shares of Microsoft by 169.2% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant’s stock worth $31,000 after buying an additional 44 shares in the last quarter. Richardson Capital Management LLC raised its position in Microsoft by 1,290.0% during the first quarter. Richardson Capital Management LLC now owns 139 shares of the software giant’s stock worth $59,000 after acquiring an additional 129 shares during the last quarter. Innealta Capital LLC purchased a new stake in shares of Microsoft in the second quarter valued at about $75,000. Bellevue Group AG increased its stake in shares of Microsoft by 47.5% during the 1st quarter. Bellevue Group AG now owns 180 shares of the software giant’s stock worth $76,000 after purchasing an additional 58 shares in the last quarter. Finally, Iron Horse Wealth Management LLC increased its stake in shares of Microsoft by 36.8% during the 1st quarter. Iron Horse Wealth Management LLC now owns 305 shares of the software giant’s stock worth $128,000 after purchasing an additional 82 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Buying and Selling at Microsoft

In other news, CEO Satya Nadella sold 14,398 shares of the stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $417.41, for a total value of $6,009,869.18. Following the completion of the transaction, the chief executive officer now directly owns 786,933 shares in the company, valued at $328,473,703.53. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Microsoft news, CEO Satya Nadella sold 14,398 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $417.41, for a total value of $6,009,869.18. Following the completion of the sale, the chief executive officer now directly owns 786,933 shares in the company, valued at $328,473,703.53. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Bradford L. Smith sold 40,000 shares of the stock in a transaction on Monday, September 9th. The shares were sold at an average price of $402.59, for a total value of $16,103,600.00. Following the transaction, the insider now directly owns 544,847 shares of the company’s stock, valued at approximately $219,349,953.73. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 190,629 shares of company stock valued at $77,916,485. Company insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

MSFT stock opened at $411.46 on Wednesday. Microsoft Co. has a 1 year low of $353.35 and a 1 year high of $468.35. The stock has a market capitalization of $3.06 trillion, a price-to-earnings ratio of 33.95, a PEG ratio of 2.16 and a beta of 0.91. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.29 and a current ratio of 1.30. The stock’s fifty day moving average is $420.55 and its two-hundred day moving average is $424.83.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, October 30th. The software giant reported $3.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.20. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The firm had revenue of $65.59 billion during the quarter, compared to analyst estimates of $64.57 billion. During the same period in the previous year, the business posted $2.99 EPS. Microsoft’s revenue was up 16.0% on a year-over-year basis. On average, research analysts predict that Microsoft Co. will post 12.96 EPS for the current year.

Microsoft announced that its Board of Directors has authorized a share buyback plan on Monday, September 16th that allows the company to repurchase $60.00 billion in shares. This repurchase authorization allows the software giant to repurchase up to 1.9% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its shares are undervalued.

Microsoft Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date is Thursday, November 21st. This is a positive change from Microsoft’s previous quarterly dividend of $0.75. Microsoft’s dividend payout ratio is currently 24.75%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on MSFT. The Goldman Sachs Group lowered their price target on shares of Microsoft from $515.00 to $500.00 and set a “buy” rating for the company in a report on Thursday, October 10th. Morgan Stanley lifted their price objective on Microsoft from $506.00 to $548.00 and gave the company an “overweight” rating in a research report on Thursday, October 31st. Wedbush reiterated an “underperform” rating on shares of Microsoft in a research report on Friday, October 18th. TD Cowen lowered their price target on Microsoft from $495.00 to $475.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Finally, Citigroup decreased their target price on shares of Microsoft from $500.00 to $497.00 and set a “buy” rating on the stock in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-six have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $503.03.

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.