Investidor Profissional Gestao de Recursos Ltda. bought a new position in Microsoft Co. (NASDAQ:MSFT – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,657 shares of the software giant’s stock, valued at approximately $4,155,000. Microsoft accounts for 2.0% of Investidor Profissional Gestao de Recursos Ltda.’s holdings, making the stock its 10th largest holding.
Several other institutional investors have also modified their holdings of the business. International Assets Investment Management LLC raised its stake in Microsoft by 48,526.1% during the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant’s stock valued at $16,567,258,000 after buying an additional 38,422,466 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Microsoft by 0.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 34,511,544 shares of the software giant’s stock worth $15,426,767,000 after buying an additional 97,075 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Microsoft by 6.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 24,091,789 shares of the software giant’s stock valued at $10,768,771,000 after purchasing an additional 1,563,533 shares in the last quarter. Swiss National Bank boosted its stake in Microsoft by 0.3% during the 3rd quarter. Swiss National Bank now owns 20,957,770 shares of the software giant’s stock valued at $9,018,128,000 after purchasing an additional 57,800 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Microsoft by 1.4% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,388,106 shares of the software giant’s stock worth $7,912,402,000 after acquiring an additional 251,408 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.
Insider Activity at Microsoft
In related news, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $447.41, for a total value of $1,118,525.00. Following the completion of the sale, the chief marketing officer now directly owns 49,352 shares in the company, valued at approximately $22,080,578.32. This trade represents a 4.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Judson Althoff sold 25,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $417.00, for a total transaction of $10,425,000.00. Following the completion of the sale, the executive vice president now owns 117,294 shares of the company’s stock, valued at $48,911,598. This trade represents a 17.57 % 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 worth $17,383,892 in the last quarter. Corporate insiders own 0.03% of the company’s stock.
Wall Street Analysts Forecast Growth
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Microsoft Stock Performance
NASDAQ:MSFT opened at $446.71 on Friday. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.15. The firm has a 50 day moving average of $430.07 and a 200-day moving average of $425.55. Microsoft Co. has a 1 year low of $385.58 and a 1 year high of $468.35. The stock has a market capitalization of $3.32 trillion, a P/E ratio of 36.86, a price-to-earnings-growth ratio of 2.28 and a beta of 0.90.
Microsoft (NASDAQ:MSFT – Get Free Report) last issued its earnings results on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, beating the consensus estimate of $3.10 by $0.20. The company had revenue of $65.59 billion during the quarter, compared to analysts’ expectations of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.99 EPS. As a group, sell-side analysts anticipate that Microsoft Co. will post 12.91 EPS for the current fiscal year.
Microsoft Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio is currently 27.39%.
Microsoft Profile
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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