Lindenwold Advisors INC Has $8.39 Million Stake in Microsoft Co. (NASDAQ:MSFT)

Lindenwold Advisors INC raised its holdings in Microsoft Co. (NASDAQ:MSFT) by 1.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,490 shares of the software giant’s stock after buying an additional 185 shares during the period. Microsoft comprises approximately 4.2% of Lindenwold Advisors INC’s investment portfolio, making the stock its 4th biggest holding. Lindenwold Advisors INC’s holdings in Microsoft were worth $8,387,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Christopher J. Hasenberg Inc lifted its position in Microsoft by 169.2% during the second quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant’s stock worth $31,000 after acquiring an additional 44 shares during the last quarter. Quarry LP acquired a new stake in Microsoft during the 2nd quarter worth approximately $45,000. MidAtlantic Capital Management Inc. bought a new stake in Microsoft in the 3rd quarter valued at $62,000. Innealta Capital LLC acquired a new position in Microsoft in the 2nd quarter valued at $75,000. Finally, Carolina Wealth Advisors LLC increased its position in Microsoft by 10.1% during the 3rd quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant’s stock worth $145,000 after buying an additional 31 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on MSFT. Wells Fargo & Company restated a “buy” rating on shares of Microsoft in a research note on Friday, October 18th. Piper Sandler increased their target price on shares of Microsoft from $470.00 to $520.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. Wedbush reiterated an “outperform” rating and issued a $550.00 price target on shares of Microsoft in a research report on Tuesday, November 19th. Truist Financial reissued a “buy” rating and set a $600.00 price target on shares of Microsoft in a research report on Monday, October 28th. Finally, BMO Capital Markets cut their target price on Microsoft from $500.00 to $495.00 and set an “outperform” rating for the company in a research report on Thursday, October 31st. Three investment analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $512.66.

Microsoft Stock Down 0.6 %

MSFT opened at $444.06 on Friday. The firm has a market capitalization of $3.30 trillion, a P/E ratio of 36.64, a price-to-earnings-growth ratio of 2.40 and a beta of 0.90. Microsoft Co. has a one year low of $385.58 and a one year high of $468.35. The company has a fifty day moving average price of $430.47 and a 200-day moving average price of $425.69. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.30 and a quick ratio of 1.29.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, topping the consensus estimate of $3.10 by $0.20. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. The business had revenue of $65.59 billion during the quarter, compared to analysts’ expectations of $64.57 billion. During the same period in the previous year, the business earned $2.99 earnings per share. The firm’s revenue was up 16.0% on a year-over-year basis. Equities research analysts expect that Microsoft Co. will post 12.9 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio is currently 27.39%.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Christopher David Young sold 7,200 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $423.66, for a total value of $3,050,352.00. Following the completion of the sale, the executive vice president now owns 103,366 shares of the company’s stock, valued at $43,792,039.56. This represents a 6.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Judson Althoff sold 25,000 shares of the stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $417.00, for a total transaction of $10,425,000.00. Following the transaction, the executive vice president now directly owns 117,294 shares in the company, valued at approximately $48,911,598. This represents a 17.57 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 41,200 shares of company stock worth $17,383,892 over the last three months. 0.03% of the stock is owned by insiders.

About Microsoft

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.