Microsoft Co. (NASDAQ:MSFT) is Buckhead Capital Management LLC’s Largest Position

Buckhead Capital Management LLC lessened its stake in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 4.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 33,924 shares of the software giant’s stock after selling 1,456 shares during the period. Microsoft makes up about 4.7% of Buckhead Capital Management LLC’s portfolio, making the stock its biggest position. Buckhead Capital Management LLC’s holdings in Microsoft were worth $12,757,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Friedenthal Financial acquired a new stake in shares of Microsoft during the fourth quarter worth about $45,000. PayPay Securities Corp raised its position in Microsoft by 23.7% during the 4th quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock worth $71,000 after buying an additional 36 shares during the last quarter. Kathleen S. Wright Associates Inc. lifted its stake in Microsoft by 160.7% during the 4th quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock valued at $87,000 after acquiring an additional 143 shares during the period. Authentikos Wealth Advisory LLC purchased a new stake in shares of Microsoft in the 3rd quarter valued at $87,000. Finally, Cordant Inc. increased its stake in shares of Microsoft by 647.8% in the fourth quarter. Cordant Inc. now owns 344 shares of the software giant’s stock worth $129,000 after acquiring an additional 298 shares during the period. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Stock Down 0.4 %

Shares of MSFT opened at $413.52 on Tuesday. The stock has a fifty day simple moving average of $416.12 and a two-hundred day simple moving average of $401.43. The company has a quick ratio of 1.23, a current ratio of 1.24 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $3.07 trillion, a PE ratio of 35.80, a price-to-earnings-growth ratio of 2.19 and a beta of 0.89. Microsoft Co. has a 52-week low of $309.45 and a 52-week high of $433.60.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its earnings results on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The company had revenue of $61.86 billion for the quarter, compared to the consensus estimate of $60.86 billion. During the same period in the previous year, the firm earned $2.45 earnings per share. Microsoft’s quarterly revenue was up 17.0% compared to the same quarter last year. As a group, equities analysts forecast that Microsoft Co. will post 11.77 EPS 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 given a $0.75 dividend. The ex-dividend date is Wednesday, May 15th. This represents a $3.00 annualized dividend and a yield of 0.73%. Microsoft’s payout ratio is 25.97%.

Insiders Place Their Bets

In other news, EVP Judson Althoff sold 25,000 shares of the 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 approximately $44,674,690.32. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at approximately $64,538,265.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Judson Althoff sold 25,000 shares of the stock in a transaction that occurred 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 transaction, 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 insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Citigroup lowered their price target on shares of Microsoft from $480.00 to $475.00 and set a “buy” rating on the stock in a report on Thursday, April 18th. Wells Fargo & Company raised their target price on Microsoft from $480.00 to $500.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Morgan Stanley boosted their price target on Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. BMO Capital Markets raised their price objective on shares of Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a research note on Friday, April 12th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Microsoft from $440.00 to $470.00 and gave the company an “overweight” rating in a research note 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’s stock. Based on data from MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus price target of $457.91.

Read Our Latest Research Report 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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