2,743 Shares in Microsoft Co. (NASDAQ:MSFT) Bought by Williams & Novak LLC

Williams & Novak LLC bought a new stake in Microsoft Co. (NASDAQ:MSFT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,743 shares of the software giant’s stock, valued at approximately $1,031,000. Microsoft accounts for about 1.2% of Williams & Novak LLC’s portfolio, making the stock its 28th biggest position.

Several other institutional investors have also recently made changes to their positions in MSFT. Iron Horse Wealth Management LLC grew its position in Microsoft by 89.0% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after acquiring an additional 105 shares during the last quarter. Authentikos Wealth Advisory LLC purchased a new stake in shares of Microsoft during the third quarter valued at $87,000. Family CFO Inc increased its stake in Microsoft by 13.6% in the 3rd quarter. Family CFO Inc now owns 359 shares of the software giant’s stock worth $113,000 after buying an additional 43 shares during the period. Cordant Inc. lifted its holdings in Microsoft by 647.8% during the 4th quarter. Cordant Inc. now owns 344 shares of the software giant’s stock valued at $129,000 after buying an additional 298 shares in the last quarter. Finally, Life Planning Partners Inc purchased a new stake in Microsoft in the 4th quarter valued at about $146,000. Institutional investors own 71.13% of the company’s stock.

Insider Activity

In related news, insider Bradford L. Smith sold 3,303 shares of the firm’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $406.12, for a total transaction of $1,341,414.36. Following the sale, the insider now owns 570,826 shares in the company, valued at $231,823,855.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, EVP Kathleen T. Hogan sold 21,955 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the transaction, the executive vice president now owns 159,764 shares in the company, valued at approximately $64,538,265.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Bradford L. Smith sold 3,303 shares of the business’s stock in a transaction on Monday, February 5th. The stock was sold at an average price of $406.12, for a total transaction of $1,341,414.36. Following the completion of the sale, the insider now directly owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The disclosure for this sale can be found here. Insiders sold a total of 1,025,258 shares of company stock valued at $12,160,356 in the last three months. 0.03% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on MSFT shares. Sanford C. Bernstein raised their target price on shares of Microsoft from $465.00 to $489.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. The Goldman Sachs Group lifted their target price on Microsoft from $450.00 to $515.00 and gave the company a “buy” rating in a research report on Friday, April 26th. Piper Sandler reissued an “overweight” rating and set a $465.00 price target (up previously from $455.00) on shares of Microsoft in a research report on Friday, April 26th. Truist Financial restated a “buy” rating and issued a $600.00 price objective on shares of Microsoft in a report on Monday, March 25th. Finally, UBS Group reiterated a “buy” rating and set a $480.00 target price on shares of Microsoft in a report on Wednesday, April 10th. Three research analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and a consensus price target of $452.61.

Microsoft Trading Up 2.2 %

Shares of Microsoft stock opened at $406.66 on Friday. Microsoft Co. has a 1 year low of $303.40 and a 1 year high of $430.82. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.24 and a quick ratio of 1.23. The stock has a market cap of $3.02 trillion, a PE ratio of 35.21, a price-to-earnings-growth ratio of 2.10 and a beta of 0.89. The firm has a fifty day moving average price of $413.68 and a 200 day moving average price of $390.05.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.81 by $0.13. The business had revenue of $61.86 billion during the quarter, compared to analysts’ expectations of $60.86 billion. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The company’s revenue for the quarter was up 17.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.45 EPS. Equities research analysts predict that Microsoft Co. will post 11.76 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 13th. Stockholders of record on Thursday, May 16th will be paid a dividend of $0.75 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.74%. Microsoft’s payout ratio is 25.97%.

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.