Mascoma Wealth Management LLC Acquires 1,785 Shares of Microsoft Co. (NASDAQ:MSFT)

Mascoma Wealth Management LLC lifted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 26.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,483 shares of the software giant’s stock after acquiring an additional 1,785 shares during the period. Microsoft makes up about 0.9% of Mascoma Wealth Management LLC’s investment portfolio, making the stock its 19th largest holding. Mascoma Wealth Management LLC’s holdings in Microsoft were worth $3,576,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in MSFT. WFA Asset Management Corp increased its position in shares of Microsoft by 27.0% during the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock worth $427,000 after acquiring an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. boosted its position in Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock worth $5,658,000 after acquiring an additional 38 shares during the last quarter. Discipline Wealth Solutions LLC boosted its position in Microsoft by 410.4% during the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant’s stock worth $1,144,000 after acquiring an additional 2,138 shares during the last quarter. Swedbank AB boosted its position in Microsoft by 0.4% during the 3rd quarter. Swedbank AB now owns 13,689,356 shares of the software giant’s stock worth $5,890,530,000 after acquiring an additional 49,288 shares during the last quarter. Finally, Pettinga Financial Advisors LLC boosted its position in Microsoft by 1.4% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 7,749 shares of the software giant’s stock worth $3,334,000 after acquiring an additional 109 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Insider Activity

In other news, insider Bradford L. Smith sold 75,000 shares of the company’s stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total value of $32,703,750.00. Following the sale, the insider now directly owns 476,999 shares of the company’s stock, valued at approximately $207,995,413.95. This represents a 13.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Amy Coleman sold 13,243 shares of the company’s stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the completion of the sale, the executive vice president now directly owns 43,100 shares in the company, valued at approximately $19,481,631. This represents a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 94,243 shares of company stock valued at $41,288,738. 0.03% of the stock is currently owned by insiders.

Microsoft Stock Performance

NASDAQ MSFT opened at $458.87 on Tuesday. The company has a market capitalization of $3.41 trillion, a price-to-earnings ratio of 36.95, a PEG ratio of 2.21 and a beta of 0.99. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The stock has a fifty day simple moving average of $396.84 and a 200 day simple moving average of $412.71. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.22 by $0.24. The business had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. Microsoft’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.94 earnings per share. Sell-side analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.72%. Microsoft’s payout ratio is 25.66%.

Analyst Upgrades and Downgrades

MSFT has been the topic of several analyst reports. Bank of America dropped their target price on Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. BMO Capital Markets lifted their price target on Microsoft from $470.00 to $485.00 and gave the stock an “outperform” rating in a report on Thursday, May 1st. DA Davidson lifted their price target on Microsoft from $450.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday, May 1st. Benchmark reiterated a “buy” rating on shares of Microsoft in a research report on Thursday, May 1st. Finally, UBS Group dropped their price target on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Five equities research analysts have rated the stock with a hold rating and thirty have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $510.30.

Microsoft Company 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.