Microsoft Co. (NASDAQ:MSFT) Shares Bought by River Street Advisors LLC

River Street Advisors LLC lifted its stake in Microsoft Co. (NASDAQ:MSFTFree Report) by 8.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,538 shares of the software giant’s stock after acquiring an additional 873 shares during the quarter. Microsoft makes up approximately 3.3% of River Street Advisors LLC’s investment portfolio, making the stock its 3rd largest position. River Street Advisors LLC’s holdings in Microsoft were worth $4,854,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of MSFT. Pegasus Partners Ltd. raised its holdings in shares of Microsoft by 2.0% in the 3rd quarter. Pegasus Partners Ltd. now owns 31,802 shares of the software giant’s stock valued at $10,042,000 after purchasing an additional 611 shares during the period. Paragon Private Wealth Management LLC raised its stake in Microsoft by 2.2% in the third quarter. Paragon Private Wealth Management LLC now owns 14,115 shares of the software giant’s stock valued at $4,457,000 after buying an additional 308 shares during the period. PGIM Custom Harvest LLC lifted its position in shares of Microsoft by 12.9% in the third quarter. PGIM Custom Harvest LLC now owns 11,325 shares of the software giant’s stock valued at $3,576,000 after buying an additional 1,293 shares during the last quarter. Operose Advisors LLC boosted its stake in shares of Microsoft by 64.6% during the 3rd quarter. Operose Advisors LLC now owns 7,725 shares of the software giant’s stock worth $2,439,000 after acquiring an additional 3,031 shares during the period. Finally, OMERS ADMINISTRATION Corp increased its holdings in shares of Microsoft by 510.1% during the 3rd quarter. OMERS ADMINISTRATION Corp now owns 960,313 shares of the software giant’s stock worth $303,219,000 after acquiring an additional 802,900 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Insider Activity at Microsoft

In other Microsoft 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 value 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 filing with the SEC, which is available at the SEC website. In other Microsoft news, CMO Takeshi Numoto sold 322 shares of the firm’s stock in a transaction on Friday, May 31st. The shares were sold at an average price of $416.60, for a total value of $134,145.20. Following the completion of the sale, the chief marketing officer now directly owns 47,255 shares in the company, valued at $19,686,433. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Judson Althoff sold 25,000 shares of the company’s 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 transaction, the executive vice president now owns 104,949 shares in the company, valued at approximately $44,674,690.32. The disclosure for this sale can be found here. Insiders have sold a total of 25,566 shares of company stock worth $10,877,535 in the last 90 days. Corporate insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on MSFT shares. Wells Fargo & Company upped their price objective on shares of Microsoft from $480.00 to $500.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Stifel Nicolaus restated a “buy” rating and set a $455.00 target price on shares of Microsoft in a research report on Monday, April 22nd. Raymond James reiterated an “outperform” rating and issued a $480.00 price target (up from $450.00) on shares of Microsoft in a research report on Friday, April 26th. The Goldman Sachs Group boosted their price target on Microsoft from $450.00 to $515.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $500.00 price objective on shares of Microsoft in a report on Friday, March 15th. Three equities research analysts have rated the stock with a hold rating and thirty-three have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $469.86.

Check Out Our Latest Stock Analysis on MSFT

Microsoft Price Performance

Shares of MSFT opened at $459.54 on Wednesday. The business has a 50-day moving average of $432.43 and a 200-day moving average of $414.59. Microsoft Co. has a 1 year low of $309.45 and a 1 year high of $468.35. The company has a market capitalization of $3.42 trillion, a price-to-earnings ratio of 39.79, a price-to-earnings-growth ratio of 2.20 and a beta of 0.89. 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 issued its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (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 firm had revenue of $61.86 billion for the quarter, compared to the consensus estimate of $60.86 billion. During the same quarter in the previous year, the company earned $2.45 EPS. The company’s revenue for the quarter was up 17.0% on a year-over-year basis. As a group, equities research analysts anticipate that Microsoft Co. will post 11.77 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Thursday, August 15th will be given a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 0.65%. The ex-dividend date of this dividend is Thursday, August 15th. Microsoft’s dividend payout ratio (DPR) is presently 25.97%.

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.

Featured Stories

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFTFree Report).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.