Barton Investment Management Sells 440 Shares of Microsoft Co. (NASDAQ:MSFT)

Barton Investment Management lowered its stake in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 1.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 26,195 shares of the software giant’s stock after selling 440 shares during the quarter. Microsoft accounts for 1.3% of Barton Investment Management’s holdings, making the stock its 13th biggest holding. Barton Investment Management’s holdings in Microsoft were worth $11,021,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Financial Security Advisor Inc. grew its position in Microsoft by 1.7% in the 4th quarter. Financial Security Advisor Inc. now owns 27,270 shares of the software giant’s stock valued at $10,255,000 after acquiring an additional 452 shares during the last quarter. Gunderson Capital Management Inc. grew its position in Microsoft by 0.7% in the 4th quarter. Gunderson Capital Management Inc. now owns 24,887 shares of the software giant’s stock valued at $9,359,000 after acquiring an additional 185 shares during the last quarter. Rappaport Reiches Capital Management LLC grew its position in Microsoft by 14.9% in the 4th quarter. Rappaport Reiches Capital Management LLC now owns 8,213 shares of the software giant’s stock valued at $3,089,000 after acquiring an additional 1,067 shares during the last quarter. Bayesian Capital Management LP grew its position in Microsoft by 60.1% in the 4th quarter. Bayesian Capital Management LP now owns 48,500 shares of the software giant’s stock valued at $18,238,000 after acquiring an additional 18,200 shares during the last quarter. Finally, RNC Capital Management LLC grew its position in Microsoft by 10.4% in the 4th quarter. RNC Capital Management LLC now owns 69,053 shares of the software giant’s stock valued at $25,967,000 after acquiring an additional 6,484 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Insider Buying and Selling

In related news, CMO Takeshi Numoto sold 322 shares of Microsoft stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of $416.60, for a total transaction of $134,145.20. Following the transaction, the chief marketing officer now owns 47,255 shares in the company, valued at $19,686,433. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, EVP Judson Althoff sold 25,000 shares of Microsoft 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 owns 104,949 shares in the company, valued at $44,674,690.32. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CMO Takeshi Numoto sold 322 shares of Microsoft stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of $416.60, for a total value of $134,145.20. Following the transaction, the chief marketing officer now owns 47,255 shares in the company, valued at approximately $19,686,433. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 25,566 shares of company stock worth $10,877,535. 0.03% of the stock is owned by corporate insiders.

Microsoft Stock Performance

NASDAQ MSFT opened at $467.56 on Friday. The company has a market cap of $3.48 trillion, a PE ratio of 40.48, a price-to-earnings-growth ratio of 2.17 and a beta of 0.89. The stock’s 50 day simple moving average is $429.75 and its 200-day simple moving average is $412.76. Microsoft Co. has a 1-year low of $309.45 and a 1-year high of $468.35. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.24 and a quick ratio of 1.23.

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

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 15th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.00 dividend on an annualized basis and a yield of 0.64%. Microsoft’s payout ratio is 25.97%.

Analyst Ratings Changes

MSFT has been the topic of a number of recent research reports. Oppenheimer increased their price target on Microsoft from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, June 7th. 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. JPMorgan Chase & Co. increased their price target on Microsoft from $440.00 to $470.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Stifel Nicolaus reissued a “buy” rating and set a $455.00 price target on shares of Microsoft in a research report on Monday, April 22nd. Finally, Tigress Financial increased their price target on Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a research report on Thursday, June 13th. Three equities research analysts have rated the stock with a hold rating and thirty-three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $467.12.

Check Out Our Latest Research Report on MSFT

Microsoft Profile

(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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