Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Marcum Wealth LLC

Marcum Wealth LLC boosted its stake in Microsoft Co. (NASDAQ:MSFT) by 3.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,462 shares of the software giant’s stock after acquiring an additional 1,566 shares during the period. Microsoft accounts for about 1.8% of Marcum Wealth LLC’s holdings, making the stock its 12th biggest position. Marcum Wealth LLC’s holdings in Microsoft were worth $21,270,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. WFA Asset Management Corp boosted its holdings in Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock valued at $427,000 after purchasing an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. boosted its stake in shares of Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock worth $5,658,000 after acquiring an additional 38 shares in the last quarter. Nicholas Investment Partners LP boosted its stake in shares of Microsoft by 3.0% during the 2nd quarter. Nicholas Investment Partners LP now owns 39,743 shares of the software giant’s stock worth $17,763,000 after acquiring an additional 1,164 shares in the last quarter. NRI Wealth Management LC purchased a new stake in shares of Microsoft during the 2nd quarter worth approximately $2,863,000. Finally, Fairbanks Capital Management Inc. boosted its stake in shares of Microsoft by 1.7% during the 2nd quarter. Fairbanks Capital Management Inc. now owns 9,610 shares of the software giant’s stock worth $4,295,000 after acquiring an additional 157 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Buying and Selling at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $447.41, for a total value of $1,118,525.00. Following the sale, the chief marketing officer now directly owns 49,352 shares in the company, valued at $22,080,578.32. The trade was a 4.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last ninety days, insiders sold 8,000 shares of company stock valued at $3,493,820. Company insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

MSFT has been the topic of several research analyst reports. TD Cowen decreased their price target on Microsoft from $495.00 to $475.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Mizuho decreased their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research note on Thursday, January 30th. Sanford C. Bernstein cut their price objective on Microsoft from $501.00 to $500.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Piper Sandler restated an “overweight” rating and set a $520.00 price objective on shares of Microsoft in a research report on Monday, January 27th. Finally, Guggenheim restated a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Three investment analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $510.96.

Microsoft Trading Down 1.9 %

Shares of MSFT opened at $408.25 on Friday. The stock has a fifty day moving average price of $425.20 and a two-hundred day moving average price of $422.69. The company has a market cap of $3.03 trillion, a price-to-earnings ratio of 32.87, a PEG ratio of 2.20 and a beta of 0.90. Microsoft Co. has a 52-week low of $385.58 and a 52-week high of $468.35. 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 (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the previous year, the firm earned $2.93 earnings per share. Analysts predict that Microsoft Co. will post 13.07 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be paid a $0.83 dividend. The ex-dividend date is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a yield of 0.81%. Microsoft’s payout ratio is 26.73%.

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.