618 Shares in Microsoft Co. (NASDAQ:MSFT) Bought by Beck Bode LLC

Beck Bode LLC bought a new position in shares of Microsoft Co. (NASDAQ:MSFTFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 618 shares of the software giant’s stock, valued at approximately $232,000.

Other large investors have also recently made changes to their positions in the company. Friedenthal Financial bought a new position in shares of Microsoft in the fourth quarter valued at $45,000. PayPay Securities Corp lifted its stake in shares of Microsoft by 23.7% in the fourth quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock valued at $71,000 after buying an additional 36 shares in the last quarter. Authentikos Wealth Advisory LLC bought a new position in shares of Microsoft in the third quarter valued at $87,000. Kathleen S. Wright Associates Inc. lifted its stake in shares of Microsoft by 160.7% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock valued at $87,000 after buying an additional 143 shares in the last quarter. Finally, Family CFO Inc lifted its stake in shares of Microsoft by 13.6% in the third quarter. Family CFO Inc now owns 359 shares of the software giant’s stock valued at $113,000 after buying an additional 43 shares in the last quarter. 71.13% of the stock is owned by institutional investors.

Microsoft Price Performance

MSFT stock opened at $415.13 on Monday. The firm has a 50 day moving average of $416.30 and a 200-day moving average of $401.17. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. Microsoft Co. has a 12 month low of $309.45 and a 12 month high of $433.60. The firm has a market capitalization of $3.09 trillion, a P/E ratio of 35.94, a price-to-earnings-growth ratio of 2.19 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last posted its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, topping the consensus estimate of $2.81 by $0.13. The firm had revenue of $61.86 billion for the quarter, compared to the consensus estimate of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The business’s revenue was up 17.0% compared to the same quarter last year. During the same period last year, the firm posted $2.45 earnings per share. As a group, sell-side analysts predict that Microsoft Co. will post 11.77 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared 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 dividend yield of 0.72%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 25.97%.

Insiders Place Their Bets

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the transaction, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at $44,674,690.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft 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 transaction, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, 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 transaction, the executive vice president now directly owns 104,949 shares in the company, valued at $44,674,690.32. The disclosure for this sale can be found here. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Truist Financial reiterated a “buy” rating and issued a $600.00 target price on shares of Microsoft in a report on Monday, March 25th. Piper Sandler reiterated an “overweight” rating and issued a $465.00 target price (up previously from $455.00) on shares of Microsoft in a report on Friday, April 26th. StockNews.com downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. Macquarie increased their target price on shares of Microsoft from $460.00 to $475.00 and gave the company an “outperform” rating in a report on Friday, May 17th. Finally, Evercore ISI increased their target price on shares of Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Three equities research analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $457.91.

Check Out Our Latest 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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