Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Tandem Investment Advisors Inc.

Tandem Investment Advisors Inc. grew its holdings in Microsoft Co. (NASDAQ:MSFT – Get Rating) by 3.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 166,210 shares of the software giant’s stock after purchasing an additional 4,775 shares during the quarter. Microsoft makes up approximately 2.1% of Tandem Investment Advisors Inc.’s portfolio, making the stock its 24th largest holding. Tandem Investment Advisors Inc.’s holdings in Microsoft were worth $39,860,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Iron Horse Wealth Management LLC purchased a new position in shares of Microsoft during the fourth quarter valued at approximately $26,000. Monumental Financial Group Inc. purchased a new position in shares of Microsoft during the first quarter valued at approximately $28,000. Hanseatic Management Services Inc. lifted its stake in shares of Microsoft by 71.4% during the third quarter. Hanseatic Management Services Inc. now owns 132 shares of the software giant’s stock valued at $31,000 after buying an additional 55 shares during the period. Retirement Financial Solutions LLC purchased a new position in Microsoft during the fourth quarter worth approximately $40,000. Finally, PayPay Securities Corp purchased a new position in Microsoft during the fourth quarter worth approximately $54,000. 69.15% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Microsoft

In related news, CEO Satya Nadella sold 4,767 shares of Microsoft stock in a transaction dated Tuesday, February 28th. The shares were sold at an average price of $248.88, for a total value of $1,186,410.96. Following the sale, the chief executive officer now directly owns 788,625 shares in the company, valued at approximately $196,272,990. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CMO Christopher C. Capossela sold 5,000 shares of Microsoft stock in a transaction dated Friday, May 5th. The shares were sold at an average price of $310.05, for a total value of $1,550,250.00. Following the sale, the chief marketing officer now directly owns 110,206 shares in the company, valued at approximately $34,169,370.30. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Satya Nadella sold 4,767 shares of Microsoft stock in a transaction dated Tuesday, February 28th. The shares were sold at an average price of $248.88, for a total transaction of $1,186,410.96. Following the completion of the sale, the chief executive officer now owns 788,625 shares in the company, valued at $196,272,990. The disclosure for this sale can be found here. Insiders have sold a total of 54,848 shares of company stock worth $16,635,227 in the last ninety days. 0.03% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Microsoft from $310.00 to $340.00 in a research note on Wednesday, April 26th. Sanford C. Bernstein increased their price target on shares of Microsoft from $280.00 to $322.00 in a research note on Monday, April 24th. Raymond James increased their price target on shares of Microsoft from $310.00 to $320.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 26th. Fundamental Research lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Finally, Moffett Nathanson increased their price objective on shares of Microsoft from $263.00 to $306.00 and gave the stock a “market perform” rating in a research report on Wednesday, April 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating and thirty-two have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $323.28.

Microsoft Trading Down 0.1 %

Microsoft stock opened at $318.34 on Friday. The firm’s 50-day moving average is $290.86 and its 200-day moving average is $261.15. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.88 and a current ratio of 1.91. Microsoft Co. has a 1 year low of $213.43 and a 1 year high of $319.04. The company has a market cap of $2.37 trillion, a P/E ratio of 34.49, a PEG ratio of 2.79 and a beta of 0.93.

Microsoft (NASDAQ:MSFT – Get Rating) last posted its quarterly earnings results on Tuesday, April 25th. The software giant reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.22 by $0.23. Microsoft had a net margin of 33.25% and a return on equity of 38.98%. The company had revenue of $52.86 billion for the quarter, compared to the consensus estimate of $51.01 billion. During the same period last year, the firm posted $2.22 EPS. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. On average, equities analysts expect that Microsoft Co. will post 9.66 earnings per share for the current year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 8th. Investors of record on Thursday, May 18th will be given a $0.68 dividend. The ex-dividend date is Wednesday, May 17th. This represents a $2.72 annualized dividend and a yield of 0.85%. Microsoft’s dividend payout ratio is presently 29.47%.

About Microsoft

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Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment consists of Office Commercial (Office 365 subscriptions, the Office 365 portion of Microsoft 365 Commercial subscriptions, and Office licensed on-premises), Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, Office Consumer, including Microsoft 365 Consumer subscriptions, Office licensed on-premises, and other Office services, LinkedIn, including Talent Solutions, Marketing Solutions, Premium Subscriptions, Sales Solutions, and Learning Solutions, Dynamics business solutions, including Dynamics 365, comprising a set of intelligent, cloud-based applications across ERP, CRM, Customer Insights, Power Apps, and Power Automate, and on-premises ERP and CRM applications.