Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Mosaic Family Wealth Partners LLC

Mosaic Family Wealth Partners LLC lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 177.0% during the fourth quarter, Holdings Channel reports. The fund owned 33,358 shares of the software giant’s stock after purchasing an additional 21,317 shares during the quarter. Microsoft comprises 2.2% of Mosaic Family Wealth Partners LLC’s portfolio, making the stock its 13th biggest holding. Mosaic Family Wealth Partners LLC’s holdings in Microsoft were worth $12,544,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in MSFT. Iron Horse Wealth Management LLC boosted its stake in Microsoft by 89.0% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after buying an additional 105 shares during the last quarter. Authentikos Wealth Advisory LLC acquired a new stake in Microsoft in the 3rd quarter worth about $87,000. Family CFO Inc boosted 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 last quarter. Cordant Inc. boosted its stake in Microsoft by 647.8% in the 4th quarter. Cordant Inc. now owns 344 shares of the software giant’s stock worth $129,000 after buying an additional 298 shares during the last quarter. Finally, Life Planning Partners Inc acquired a new stake in Microsoft in the 4th quarter worth about $146,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Buying and Selling at Microsoft

In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the sale, the insider now owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the sale, the executive vice president now owns 159,764 shares of the company’s stock, valued at approximately $64,538,265.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total value of $1,950,000.00. Following the completion of the sale, the insider now directly owns 11,677,398 shares in the company, valued at approximately $22,770,926.10. The disclosure for this sale can be found here. 0.03% of the stock is owned by company insiders.

Microsoft Trading Up 0.3 %

NASDAQ:MSFT opened at $410.54 on Thursday. Microsoft Co. has a 12-month low of $306.26 and a 12-month high of $430.82. The firm has a market capitalization of $3.05 trillion, a P/E ratio of 35.54, a P/E/G ratio of 2.15 and a beta of 0.89. 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 business has a 50 day simple moving average of $413.84 and a 200 day simple moving average of $392.05.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The business had revenue of $61.86 billion during the quarter, compared to analyst estimates of $60.86 billion. During the same quarter in the previous year, the firm posted $2.45 EPS. The business’s revenue for the quarter was up 17.0% compared to the same quarter last year. Equities research analysts predict that Microsoft Co. will post 11.76 EPS for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s payout ratio is currently 25.97%.

Analyst Ratings Changes

A number of equities analysts have recently commented on MSFT shares. Piper Sandler restated an “overweight” rating and issued a $465.00 price objective (up from $455.00) on shares of Microsoft in a report on Friday, April 26th. StockNews.com downgraded Microsoft from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. DA Davidson restated a “buy” rating and issued a $500.00 price objective on shares of Microsoft in a report on Friday, March 15th. 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, Sanford C. Bernstein raised their price objective on Microsoft from $465.00 to $489.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Three research analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $452.61.

About Microsoft

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.