In Depth Partners LLC Has $7.86 Million Position in Microsoft Co. (NASDAQ:MSFT)

In Depth Partners LLC grew its stake in Microsoft Co. (NASDAQ:MSFT) by 21.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,258 shares of the software giant’s stock after acquiring an additional 4,857 shares during the period. Microsoft accounts for about 9.6% of In Depth Partners LLC’s investment portfolio, making the stock its 3rd biggest position. In Depth Partners LLC’s holdings in Microsoft were worth $7,858,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. DGS Capital Management LLC raised its stake in shares of Microsoft by 19.9% during the first quarter. DGS Capital Management LLC now owns 14,342 shares of the software giant’s stock worth $4,422,000 after buying an additional 2,383 shares during the last quarter. IFM Investors Pty Ltd raised its stake in shares of Microsoft by 20.8% during the first quarter. IFM Investors Pty Ltd now owns 1,138,469 shares of the software giant’s stock worth $351,001,000 after buying an additional 196,338 shares during the last quarter. Altus Wealth Group LLC raised its stake in shares of Microsoft by 1.2% during the first quarter. Altus Wealth Group LLC now owns 12,712 shares of the software giant’s stock worth $3,919,000 after buying an additional 152 shares during the last quarter. Powell Investment Advisors LLC raised its stake in shares of Microsoft by 16.2% during the first quarter. Powell Investment Advisors LLC now owns 2,578 shares of the software giant’s stock worth $795,000 after buying an additional 359 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC raised its stake in shares of Microsoft by 8.2% during the first quarter. Onyx Bridge Wealth Group LLC now owns 6,782 shares of the software giant’s stock worth $1,921,000 after buying an additional 512 shares during the last quarter. 69.20% of the stock is owned by institutional investors.

Insider Transactions at Microsoft

In other news, CEO Satya Nadella sold 38,234 shares of the firm’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $328.43, for a total transaction of $12,557,192.62. Following the completion of the sale, the chief executive officer now owns 800,668 shares in the company, valued at approximately $262,963,391.24. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other Microsoft news, EVP Kathleen T. Hogan sold 26,815 shares of Microsoft stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $327.37, for a total value of $8,778,426.55. Following the completion of the sale, the executive vice president now owns 198,373 shares in the company, valued at approximately $64,941,369.01. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Satya Nadella sold 38,234 shares of Microsoft stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $328.43, for a total transaction of $12,557,192.62. Following the completion of the sale, the chief executive officer now owns 800,668 shares of the company’s stock, valued at approximately $262,963,391.24. The disclosure for this sale can be found here. In the last 90 days, insiders sold 115,049 shares of company stock worth $38,195,619. 0.03% of the stock is owned by insiders.

Microsoft Stock Performance

Shares of MSFT stock opened at $334.27 on Monday. The stock has a market cap of $2.48 trillion, a P/E ratio of 34.50, a P/E/G ratio of 2.43 and a beta of 0.90. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.77 and a quick ratio of 1.75. The company has a fifty day moving average price of $332.46 and a two-hundred day moving average price of $310.98. Microsoft Co. has a one year low of $213.43 and a one year high of $366.78.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Tuesday, July 25th. The software giant reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.55 by $0.14. The firm 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%. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter last year, the company posted $2.23 earnings per share. As a group, equities analysts predict that Microsoft Co. will post 10.9 EPS for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Stockholders of record on Thursday, August 17th will be paid a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend is Wednesday, August 16th. Microsoft’s dividend payout ratio is presently 28.07%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Microsoft from $350.00 to $385.00 in a report on Wednesday, July 19th. Rosenblatt Securities boosted their price objective on shares of Microsoft from $310.00 to $360.00 and gave the company a “buy” rating in a report on Thursday, July 27th. Morgan Stanley boosted their price objective on shares of Microsoft from $335.00 to $415.00 in a report on Thursday, July 6th. Bank of America boosted their price objective on shares of Microsoft from $340.00 to $405.00 and gave the company a “buy” rating in a report on Wednesday, July 19th. Finally, BMO Capital Markets boosted their price objective on shares of Microsoft from $385.00 to $400.00 and gave the company an “outperform” rating in a report on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and thirty-three have given a buy rating to the company. According to data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus target price of $373.68.

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.