Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Bradley & Co. Private Wealth Management LLC

Bradley & Co. Private Wealth Management LLC lifted its holdings in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 2.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,805 shares of the software giant’s stock after purchasing an additional 589 shares during the period. Microsoft accounts for about 8.6% of Bradley & Co. Private Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Bradley & Co. Private Wealth Management LLC’s holdings in Microsoft were worth $9,328,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Financial Security Advisor Inc. boosted its holdings in Microsoft by 1.7% in the fourth quarter. Financial Security Advisor Inc. now owns 27,270 shares of the software giant’s stock worth $10,255,000 after acquiring an additional 452 shares in the last quarter. Gunderson Capital Management Inc. lifted its holdings in shares of Microsoft by 0.7% in the fourth quarter. Gunderson Capital Management Inc. now owns 24,887 shares of the software giant’s stock valued at $9,359,000 after purchasing an additional 185 shares in the last quarter. Rappaport Reiches Capital Management LLC lifted its holdings in shares of Microsoft by 14.9% in the fourth quarter. Rappaport Reiches Capital Management LLC now owns 8,213 shares of the software giant’s stock valued at $3,089,000 after purchasing an additional 1,067 shares in the last quarter. RNC Capital Management LLC lifted its holdings in shares of Microsoft by 10.4% in the fourth quarter. RNC Capital Management LLC now owns 69,053 shares of the software giant’s stock valued at $25,967,000 after purchasing an additional 6,484 shares in the last quarter. Finally, Bensler LLC lifted its holdings in shares of Microsoft by 3.2% in the third quarter. Bensler LLC now owns 86,932 shares of the software giant’s stock valued at $27,449,000 after purchasing an additional 2,674 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $430.16 on Tuesday. The stock has a market cap of $3.20 trillion, a PE ratio of 37.24, a price-to-earnings-growth ratio of 2.27 and a beta of 0.89. Microsoft Co. has a fifty-two week low of $309.45 and a fifty-two week high of $433.60. The stock has a fifty day moving average of $416.61 and a 200-day moving average of $399.67. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24.

Microsoft (NASDAQ:MSFTGet Free Report) last posted 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 company had revenue of $61.86 billion during the quarter, compared to analyst estimates of $60.86 billion. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The firm’s quarterly revenue was up 17.0% on a year-over-year basis. During the same quarter last year, the company earned $2.45 earnings per share. Equities research analysts anticipate that Microsoft Co. will post 11.77 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors 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 0.70%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio is 25.97%.

Insider Activity at Microsoft

In related news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the completion of the sale, the executive vice president now owns 104,949 shares of the company’s stock, valued at $44,674,690.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Microsoft news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction dated 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 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total value of $10,642,000.00. Following the sale, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The disclosure for this sale can be found here. 0.03% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently weighed in on MSFT. JPMorgan Chase & Co. raised their target price on Microsoft from $440.00 to $470.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Stifel Nicolaus restated a “buy” rating and issued a $455.00 target price on shares of Microsoft in a report on Monday, April 22nd. Sanford C. Bernstein raised their target price on Microsoft from $465.00 to $489.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Macquarie increased their price target on Microsoft from $460.00 to $475.00 and gave the company an “outperform” rating in a research report on Friday, May 17th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $465.00 price target (up from $455.00) on shares of Microsoft in a research report on Friday, April 26th. Three analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $454.70.

Check Out Our Latest Stock Analysis on MSFT

About Microsoft

(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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