Cambridge Advisors Inc. Sells 154 Shares of Microsoft Co. (NASDAQ:MSFT)

Cambridge Advisors Inc. cut its stake in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 0.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,056 shares of the software giant’s stock after selling 154 shares during the quarter. Microsoft comprises approximately 3.0% of Cambridge Advisors Inc.’s investment portfolio, making the stock its 5th biggest holding. Cambridge Advisors Inc.’s holdings in Microsoft were worth $12,645,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of Microsoft in the 4th quarter valued at $35,920,047,000. International Assets Investment Management LLC acquired a new position in Microsoft during the fourth quarter valued at $9,625,201,000. Vanguard Group Inc. boosted its holdings in Microsoft by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 664,908,939 shares of the software giant’s stock valued at $250,032,357,000 after purchasing an additional 15,701,937 shares during the last quarter. TCI Fund Management Ltd. acquired a new stake in Microsoft during the 4th quarter worth about $4,000,376,000. Finally, FMR LLC lifted its holdings in shares of Microsoft by 2.7% in the 3rd quarter. FMR LLC now owns 215,874,152 shares of the software giant’s stock valued at $68,162,263,000 after buying an additional 5,762,902 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Trading Up 1.5 %

Shares of MSFT opened at $467.56 on Monday. Microsoft Co. has a 12-month low of $309.45 and a 12-month high of $468.35. The firm has a market capitalization of $3.48 trillion, a P/E ratio of 40.48, a P/E/G ratio of 2.20 and a beta of 0.89. The firm has a 50-day moving average price of $429.75 and a 200 day moving average price of $413.34. 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 (NASDAQ:MSFTGet Free Report) last posted its quarterly 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 during the quarter, compared to analysts’ expectations of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The business’s revenue for the quarter was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.45 EPS. Sell-side analysts forecast that Microsoft Co. will post 11.77 EPS for the current year.

Microsoft Dividend Announcement

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

Analyst Ratings Changes

MSFT has been the topic of several analyst reports. The Goldman Sachs Group raised their target price on Microsoft from $450.00 to $515.00 and gave the stock a “buy” rating in a report on Friday, April 26th. Wells Fargo & Company lifted their target price on shares of Microsoft from $480.00 to $500.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Macquarie raised their price target on shares of Microsoft from $460.00 to $475.00 and gave the company an “outperform” rating in a research report on Friday, May 17th. Sanford C. Bernstein lifted their price objective on shares of Microsoft from $465.00 to $489.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Finally, DA Davidson reissued a “buy” rating and set a $500.00 target price on shares of Microsoft in a research note on Friday, March 15th. Three investment analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $467.12.

View Our Latest Stock Analysis on MSFT

Insider Activity

In related news, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction dated Thursday, May 23rd. The shares were 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 in the company, valued at approximately $44,674,690.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Microsoft news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction dated 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 completion of the sale, the executive vice president now directly 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 available through this hyperlink. Also, CMO Takeshi Numoto sold 322 shares of the company’s 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 completion of the transaction, the chief marketing officer now owns 47,255 shares in the company, valued at $19,686,433. The disclosure for this sale can be found here. Insiders have sold a total of 25,566 shares of company stock valued at $10,877,535 in the last quarter. Insiders own 0.03% of the company’s stock.

Microsoft Company 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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