Lpwm LLC Purchases 386 Shares of Microsoft Co. (NASDAQ:MSFT)

Lpwm LLC grew its position in Microsoft Co. (NASDAQ:MSFTFree Report) by 47.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,202 shares of the software giant’s stock after purchasing an additional 386 shares during the period. Lpwm LLC’s holdings in Microsoft were worth $442,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Monumental Financial Group Inc. bought a new stake in shares of Microsoft in the first quarter valued at about $28,000. Atlantic Private Wealth LLC raised its holdings in Microsoft by 534.5% during the second quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock worth $63,000 after acquiring an additional 155 shares in the last quarter. Hibernia Wealth Partners LLC bought a new stake in Microsoft during the third quarter worth about $69,000. Iron Horse Wealth Management LLC raised its holdings in Microsoft by 89.0% during the third quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after acquiring an additional 105 shares in the last quarter. Finally, MayTech Global Investments LLC bought a new stake in Microsoft during the fourth quarter worth about $83,000. 71.13% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

MSFT has been the topic of several analyst reports. Piper Sandler reiterated an “overweight” rating and set a $455.00 target price on shares of Microsoft in a report on Thursday, January 25th. Wells Fargo & Company boosted their price target on Microsoft from $435.00 to $460.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. China Renaissance initiated coverage on Microsoft in a research report on Tuesday, December 5th. They set a “buy” rating and a $466.00 price target on the stock. BNP Paribas raised Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 price target on the stock in a research report on Thursday, January 18th. Finally, Wedbush boosted their price target on Microsoft from $475.00 to $500.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 26th. Four analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $425.52.

View Our Latest Report on Microsoft

Insider Activity

In other news, insider Bradford L. Smith sold 45,000 shares of the stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $411.78, for a total value of $18,530,100.00. Following the completion of the transaction, the insider now directly owns 574,129 shares in the company, valued at approximately $236,414,839.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, insider Bradford L. Smith sold 45,000 shares of the stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $411.78, for a total value of $18,530,100.00. Following the completion of the transaction, the insider now directly owns 574,129 shares in the company, valued at approximately $236,414,839.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathleen T. Hogan sold 21,955 shares of the stock in a transaction on Monday, March 11th. The shares were sold at an average price of $403.96, for a total value of $8,868,941.80. Following the completion of the sale, the executive vice president now owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,070,258 shares of company stock worth $30,690,456. Insiders own 0.03% of the company’s stock.

Microsoft Stock Down 0.7 %

NASDAQ MSFT opened at $421.44 on Wednesday. The business has a fifty day moving average price of $411.82 and a two-hundred day moving average price of $376.06. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.22 and a quick ratio of 1.20. Microsoft Co. has a fifty-two week low of $275.37 and a fifty-two week high of $430.82. The stock has a market capitalization of $3.13 trillion, a PE ratio of 38.10, a PEG ratio of 2.24 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last released its earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.17. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The firm had revenue of $62.02 billion during the quarter, compared to analysts’ expectations of $61.14 billion. During the same period in the prior year, the company earned $2.32 earnings per share. The company’s quarterly revenue was up 17.6% on a year-over-year basis. Equities analysts expect that Microsoft Co. will post 11.63 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s payout ratio is 27.12%.

Microsoft Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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