Copperwynd Financial LLC Raises Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Copperwynd Financial LLC raised its holdings in Microsoft Co. (NASDAQ:MSFT) by 34.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,044 shares of the software giant’s stock after purchasing an additional 3,098 shares during the period. Microsoft comprises 1.4% of Copperwynd Financial LLC’s holdings, making the stock its 16th largest position. Copperwynd Financial LLC’s holdings in Microsoft were worth $5,076,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Geode Capital Management LLC lifted its position in shares of Microsoft by 2.0% in the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock valued at $70,790,682,000 after acquiring an additional 3,264,648 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Microsoft by 4.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant’s stock valued at $23,490,417,000 after purchasing an additional 2,125,030 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Microsoft by 3.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 49,052,704 shares of the software giant’s stock valued at $20,675,715,000 after purchasing an additional 1,823,579 shares in the last quarter. Franklin Resources Inc. boosted its stake in Microsoft by 1.1% during the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant’s stock worth $16,104,959,000 after purchasing an additional 406,940 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its stake in Microsoft by 1.2% during the 4th quarter. Fisher Asset Management LLC now owns 28,228,502 shares of the software giant’s stock worth $11,898,314,000 after purchasing an additional 324,052 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Royal Bank of Canada raised their price target on shares of Microsoft from $500.00 to $525.00 and gave the stock an “outperform” rating in a research note on Thursday, May 1st. Mizuho raised their target price on shares of Microsoft from $475.00 to $500.00 and gave the stock an “outperform” rating in a research note on Thursday, May 1st. The Goldman Sachs Group boosted their target price on Microsoft from $480.00 to $550.00 and gave the stock a “buy” rating in a report on Wednesday. JPMorgan Chase & Co. upped their price target on Microsoft from $465.00 to $475.00 and gave the company an “overweight” rating in a research report on Thursday, May 1st. Finally, UBS Group cut their price target on Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a report on Monday, April 14th. Four equities research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $512.63.

Insiders Place Their Bets

In other Microsoft news, EVP Judson Althoff sold 16,000 shares of the company’s stock in a transaction on Monday, May 19th. The shares were sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the completion of the transaction, the executive vice president now owns 98,010 shares in the company, valued at approximately $44,906,221.80. This represents a 14.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bradford L. Smith sold 75,000 shares of the firm’s stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the completion of the sale, the insider now owns 476,999 shares of the company’s stock, valued at $207,995,413.95. This trade represents a 13.59% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 110,243 shares of company stock valued at $48,619,618. 0.03% of the stock is owned by company insiders.

Microsoft Stock Down 1.2%

Shares of NASDAQ:MSFT opened at $452.57 on Thursday. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The stock has a market cap of $3.36 trillion, a P/E ratio of 36.44, a P/E/G ratio of 2.21 and a beta of 0.99. The firm has a fifty day moving average price of $399.71 and a 200 day moving average price of $413.31.

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

Microsoft Dividend Announcement

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

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.