Microsoft Co. (NASDAQ:MSFT) Stock Position Raised by Optas LLC

Optas LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 1.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,408 shares of the software giant’s stock after acquiring an additional 346 shares during the period. Microsoft accounts for approximately 3.0% of Optas LLC’s portfolio, making the stock its 8th largest holding. Optas LLC’s holdings in Microsoft were worth $11,110,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MSFT. Friedenthal Financial bought a new position in Microsoft in the fourth quarter valued at $45,000. Neo Ivy Capital Management bought a new position in Microsoft in the fourth quarter valued at $58,000. Richardson Capital Management LLC increased its stake in Microsoft by 1,290.0% in the first quarter. Richardson Capital Management LLC now owns 139 shares of the software giant’s stock valued at $59,000 after acquiring an additional 129 shares during the last quarter. PayPay Securities Corp increased its stake in 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 acquiring an additional 36 shares during the last quarter. Finally, Cooksen Wealth LLC bought a new position in Microsoft in the fourth quarter valued at $86,000. Institutional investors own 71.13% of the company’s stock.

Insiders Place Their Bets

In other Microsoft news, CMO Takeshi Numoto sold 244 shares of Microsoft stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $415.53, for a total value of $101,389.32. Following the completion of the sale, the chief marketing officer now owns 47,011 shares of the company’s stock, valued at approximately $19,534,480.83. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Microsoft news, CMO Takeshi Numoto sold 244 shares of Microsoft stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $415.53, for a total value of $101,389.32. Following the completion of the sale, the chief marketing officer now owns 47,011 shares of the company’s stock, valued at approximately $19,534,480.83. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, 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 completion of the sale, 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. In the last quarter, insiders sold 25,566 shares of company stock valued at $10,877,535. Company insiders own 0.03% of the company’s stock.

Microsoft Price Performance

Shares of MSFT opened at $466.25 on Thursday. The company has a market capitalization of $3.47 trillion, a P/E ratio of 40.37, a price-to-earnings-growth ratio of 2.20 and a beta of 0.89. 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 firm has a 50 day moving average of $433.86 and a 200 day moving average of $414.95. Microsoft Co. has a twelve month low of $309.45 and a twelve month high of $468.35.

Microsoft (NASDAQ:MSFTGet Free Report) last announced 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 company had revenue of $61.86 billion during 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 firm’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.45 earnings per share. As a group, equities research analysts anticipate that Microsoft Co. will post 11.77 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business 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. This represents a $3.00 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date of this dividend is Thursday, August 15th. Microsoft’s dividend payout ratio (DPR) is presently 25.97%.

Wall Street Analyst Weigh In

A number of research firms recently commented on MSFT. Raymond James reissued an “outperform” rating and issued a $480.00 target price (up previously from $450.00) on shares of Microsoft in a research note on Friday, April 26th. The Goldman Sachs Group raised their price objective on Microsoft from $450.00 to $515.00 and gave the company a “buy” rating in a research note on Friday, April 26th. DA Davidson reaffirmed a “buy” rating and set a $500.00 price objective on shares of Microsoft in a research note on Friday, March 15th. New Street Research initiated coverage on Microsoft in a research note on Monday, June 10th. They set a “buy” rating and a $570.00 price objective on the stock. Finally, Argus raised their price objective on Microsoft from $475.00 to $526.00 and gave the company a “buy” rating in a research note on Tuesday. Three analysts have rated the stock with a hold rating and thirty-three have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $469.86.

View Our Latest 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.

See Also

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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