Campbell Capital Management Inc. Sells 667 Shares of Microsoft Co. (NASDAQ:MSFT)

Campbell Capital Management Inc. decreased its holdings in Microsoft Co. (NASDAQ:MSFT) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,740 shares of the software giant’s stock after selling 667 shares during the quarter. Microsoft makes up 8.9% of Campbell Capital Management Inc.’s investment portfolio, making the stock its 3rd biggest holding. Campbell Capital Management Inc.’s holdings in Microsoft were worth $22,651,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Poinciana Advisors Group LLC bought a new stake in shares of Microsoft in the 4th quarter valued at about $286,000. Valtinson Bruner Financial Planning LLC raised its position in shares of Microsoft by 8.4% during the fourth quarter. Valtinson Bruner Financial Planning LLC now owns 5,720 shares of the software giant’s stock worth $2,411,000 after acquiring an additional 442 shares during the last quarter. Picton Mahoney Asset Management lifted its stake in shares of Microsoft by 28.9% in the fourth quarter. Picton Mahoney Asset Management now owns 172,532 shares of the software giant’s stock worth $72,720,000 after acquiring an additional 38,663 shares during the period. United Capital Management of KS Inc. boosted its holdings in Microsoft by 1.9% in the fourth quarter. United Capital Management of KS Inc. now owns 36,033 shares of the software giant’s stock valued at $15,188,000 after acquiring an additional 685 shares during the last quarter. Finally, HMV Wealth Advisors LLC acquired a new stake in Microsoft during the 4th quarter valued at approximately $1,938,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Microsoft

In other news, insider Bradford L. Smith sold 6,000 shares of the stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $433.17, for a total value of $2,599,020.00. Following the completion of the sale, the insider now owns 471,036 shares in the company, valued at $204,038,664.12. This represents a 1.26% 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 Amy Coleman sold 13,243 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president now directly owns 43,100 shares in the company, valued at $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 110,243 shares of company stock valued at $48,619,618 over the last 90 days. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on MSFT. Westpark Capital restated a “hold” rating on shares of Microsoft in a research report on Thursday, May 1st. Scotiabank lifted their target price on shares of Microsoft from $470.00 to $500.00 and gave the stock a “sector outperform” rating in a research note on Thursday, May 1st. Morgan Stanley upped their price target on shares of Microsoft from $472.00 to $482.00 and gave the company an “overweight” rating in a research report on Thursday, May 1st. BMO Capital Markets reissued an “outperform” rating on shares of Microsoft in a research report on Wednesday. Finally, Citigroup upped their target price on Microsoft from $480.00 to $540.00 and gave the company a “buy” rating in a research report on Thursday, May 15th. Four research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $512.63.

Microsoft Stock Down 1.2%

Microsoft stock opened at $452.57 on Thursday. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The firm’s fifty day moving average price is $399.71 and its two-hundred day moving average price is $413.31. The firm has a market capitalization of $3.36 trillion, a price-to-earnings ratio of 36.44, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion for the quarter, compared to analysts’ expectations of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.94 EPS. On average, equities research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.73%. Microsoft’s dividend payout ratio is presently 25.66%.

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.