Tlwm Sells 1,024 Shares of Microsoft Co. (NASDAQ:MSFT)

Tlwm lowered its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 17.9% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 4,697 shares of the software giant’s stock after selling 1,024 shares during the quarter. Microsoft accounts for 0.4% of Tlwm’s holdings, making the stock its 19th largest position. Tlwm’s holdings in Microsoft were worth $1,354,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of MSFT. Summit Asset Management LLC raised its holdings in shares of Microsoft by 0.5% during the 1st quarter. Summit Asset Management LLC now owns 14,776 shares of the software giant’s stock worth $4,260,000 after acquiring an additional 69 shares in the last quarter. Southeast Asset Advisors Inc. raised its stake in Microsoft by 6.4% during the first quarter. Southeast Asset Advisors Inc. now owns 18,540 shares of the software giant’s stock valued at $5,345,000 after purchasing an additional 1,113 shares in the last quarter. Tradition Wealth Management LLC lifted its position in Microsoft by 32.5% during the first quarter. Tradition Wealth Management LLC now owns 30,927 shares of the software giant’s stock valued at $8,916,000 after purchasing an additional 7,591 shares during the last quarter. Private Capital Management LLC lifted its position in Microsoft by 16.0% during the fourth quarter. Private Capital Management LLC now owns 5,689 shares of the software giant’s stock valued at $1,364,000 after purchasing an additional 784 shares during the last quarter. Finally, Shilanski & Associates Inc. lifted its position in Microsoft by 0.5% during the first quarter. Shilanski & Associates Inc. now owns 15,217 shares of the software giant’s stock valued at $4,327,000 after purchasing an additional 83 shares during the last quarter. Hedge funds and other institutional investors own 69.20% of the company’s stock.

Microsoft Stock Down 0.9 %

NASDAQ:MSFT opened at $329.91 on Friday. Microsoft Co. has a fifty-two week low of $213.43 and a fifty-two week high of $366.78. The stock has a market capitalization of $2.45 trillion, a P/E ratio of 34.05, a P/E/G ratio of 2.46 and a beta of 0.90. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.75 and a current ratio of 1.77. The company’s 50-day simple moving average is $332.58 and its 200-day simple moving average is $309.64.

Microsoft (NASDAQ:MSFT) last released its earnings results on Tuesday, July 25th. The software giant reported $2.69 EPS for the quarter, topping analysts’ consensus estimates of $2.55 by $0.14. The company had revenue of $56.19 billion during the quarter, compared to analysts’ expectations of $55.49 billion. Microsoft had a net margin of 34.15% and a return on equity of 38.70%. Microsoft’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period last year, the business earned $2.23 EPS. On average, equities analysts anticipate that Microsoft Co. will post 10.9 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Investors of record on Thursday, August 17th will be paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend is Wednesday, August 16th. Microsoft’s dividend payout ratio (DPR) is presently 28.07%.

Insider Buying and Selling

In related news, CEO Satya Nadella sold 38,234 shares of Microsoft stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $328.43, for a total value of $12,557,192.62. Following the completion of the sale, the chief executive officer now directly owns 800,668 shares in the company, valued at approximately $262,963,391.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CEO Satya Nadella sold 38,234 shares of Microsoft stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $328.43, for a total value of $12,557,192.62. Following the completion of the sale, the chief executive officer now directly owns 800,668 shares in the company, valued at approximately $262,963,391.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bradford L. Smith sold 50,000 shares of Microsoft stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $337.20, for a total transaction of $16,860,000.00. Following the sale, the insider now owns 588,084 shares of the company’s stock, valued at $198,301,924.80. The disclosure for this sale can be found here. Insiders sold 115,049 shares of company stock worth $38,195,619 in the last three months. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Tigress Financial increased their price objective on shares of Microsoft from $411.00 to $433.00 and gave the company a “buy” rating in a research report on Wednesday, August 2nd. Wedbush increased their price objective on shares of Microsoft from $375.00 to $400.00 in a research report on Wednesday, July 26th. TD Cowen increased their price objective on shares of Microsoft from $330.00 to $390.00 and gave the company an “outperform” rating in a research report on Wednesday, July 19th. Fundamental Research set a $298.10 target price on shares of Microsoft and gave the stock a “hold” rating in a report on Wednesday, August 9th. Finally, The Goldman Sachs Group raised their target price on shares of Microsoft from $350.00 to $400.00 and gave the stock a “buy” rating in a report on Friday, July 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating and thirty-three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $373.68.

Microsoft 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.