Tyler Stone Wealth Management Purchases 11,633 Shares of Microsoft Co. (NASDAQ:MSFT)

Tyler Stone Wealth Management raised its position in Microsoft Co. (NASDAQ:MSFTFree Report) by 118.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,479 shares of the software giant’s stock after acquiring an additional 11,633 shares during the period. Microsoft comprises approximately 1.7% of Tyler Stone Wealth Management’s holdings, making the stock its 10th largest holding. Tyler Stone Wealth Management’s holdings in Microsoft were worth $9,242,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of MSFT. First National Bank Sioux Falls lifted its stake in Microsoft by 0.4% in the second quarter. First National Bank Sioux Falls now owns 6,340 shares of the software giant’s stock valued at $2,834,000 after acquiring an additional 24 shares during the last quarter. BCK Partners Inc. raised its holdings in shares of Microsoft by 1.8% in the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after purchasing an additional 24 shares during the period. Flagship Private Wealth LLC lifted its stake in Microsoft by 2.8% in the 2nd quarter. Flagship Private Wealth LLC now owns 913 shares of the software giant’s stock valued at $408,000 after purchasing an additional 25 shares during the last quarter. Massachusetts Wealth Management grew its holdings in Microsoft by 0.3% during the second quarter. Massachusetts Wealth Management now owns 9,640 shares of the software giant’s stock worth $4,309,000 after purchasing an additional 25 shares during the period. Finally, Deseret Mutual Benefit Administrators increased its position in Microsoft by 0.8% during the second quarter. Deseret Mutual Benefit Administrators now owns 3,255 shares of the software giant’s stock worth $1,455,000 after buying an additional 25 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $415.67 on Wednesday. The stock has a fifty day simple moving average of $429.08 and a two-hundred day simple moving average of $426.72. Microsoft Co. has a 1-year low of $384.81 and a 1-year high of $468.35. The firm has a market cap of $3.09 trillion, a price-to-earnings ratio of 34.30, a price-to-earnings-growth ratio of 2.37 and a beta of 0.90. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.15.

Microsoft (NASDAQ:MSFTGet Free Report) last released its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.20. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The business had revenue of $65.59 billion during the quarter, compared to analyst estimates of $64.57 billion. During the same period in the previous year, the business earned $2.99 EPS. Microsoft’s revenue was up 16.0% compared to the same quarter last year. Analysts anticipate that Microsoft Co. will post 12.93 earnings per share for the current year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.80%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio is presently 27.39%.

Insider Buying and Selling at Microsoft

In other Microsoft news, CMO Takeshi Numoto sold 1,000 shares of Microsoft stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $414.72, for a total transaction of $414,720.00. Following the completion of the sale, the chief marketing officer now owns 57,511 shares of the company’s stock, valued at $23,850,961.92. The trade was a 1.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Christopher David Young sold 7,200 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $423.66, for a total value of $3,050,352.00. Following the transaction, the executive vice president now owns 103,366 shares in the company, valued at $43,792,039.56. This trade represents a 6.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 41,200 shares of company stock valued at $17,383,892 in the last three months. Company insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Truist Financial reaffirmed a “buy” rating and set a $600.00 price objective on shares of Microsoft in a research report on Monday, October 28th. The Goldman Sachs Group reduced their target price on shares of Microsoft from $515.00 to $500.00 and set a “buy” rating for the company in a report on Thursday, October 10th. UBS Group increased their price target on shares of Microsoft from $500.00 to $525.00 and gave the company a “buy” rating in a report on Wednesday, December 18th. Stifel Nicolaus boosted their price objective on Microsoft from $475.00 to $515.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Finally, KeyCorp upped their price target on shares of Microsoft from $490.00 to $505.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. Three analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company’s stock. According to MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and an average price target of $511.62.

Check Out Our Latest Report on Microsoft

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.

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.