Privium Fund Management B.V. Sells 5,000 Shares of Microsoft Co. (NASDAQ:MSFT)

Privium Fund Management B.V. reduced its stake in Microsoft Co. (NASDAQ:MSFT) by 50.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,000 shares of the software giant’s stock after selling 5,000 shares during the period. Microsoft accounts for 0.5% of Privium Fund Management B.V.’s holdings, making the stock its 28th biggest holding. Privium Fund Management B.V.’s holdings in Microsoft were worth $2,108,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in MSFT. Muirfield Wealth Advisors LLC grew its position in shares of Microsoft by 0.5% in the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock valued at $1,866,000 after purchasing an additional 24 shares during the period. Retirement Financial Solutions LLC boosted its position in Microsoft by 2.3% during the fourth quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant’s stock worth $443,000 after acquiring an additional 24 shares during the last quarter. Boulder Wealth Advisors LLC boosted its position in Microsoft by 1.0% during the third quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant’s stock worth $1,106,000 after acquiring an additional 25 shares during the last quarter. Sterling Group Wealth Management LLC boosted its position in Microsoft by 0.5% during the fourth quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant’s stock worth $2,335,000 after acquiring an additional 25 shares during the last quarter. Finally, Kuhn & Co Investment Counsel boosted its position in Microsoft by 0.8% during the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant’s stock worth $1,385,000 after acquiring an additional 25 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors.

Insider Activity at Microsoft

In related 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 sale, the insider now directly owns 471,036 shares of the company’s stock, valued at approximately $204,038,664.12. This represents a 1.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Judson Althoff sold 16,000 shares of the firm’s stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the sale, the executive vice president now directly owns 98,010 shares in the company, valued at $44,906,221.80. This represents a 14.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 131,743 shares of company stock valued at $58,375,673. Insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on MSFT. Stifel Nicolaus lifted their target price on shares of Microsoft from $475.00 to $500.00 and gave the stock a “buy” rating in a research note on Thursday, May 1st. Wells Fargo & Company lifted their target price on shares of Microsoft from $500.00 to $515.00 and gave the stock an “overweight” rating in a research note on Thursday, May 1st. Morgan Stanley lifted their target price on shares of Microsoft from $472.00 to $482.00 and gave the stock an “overweight” rating in a research note on Thursday, May 1st. UBS Group reduced their price target on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Finally, Mizuho boosted their price target on shares of Microsoft from $475.00 to $500.00 and gave the company an “outperform” rating in a research note on Thursday, May 1st. Four analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $513.13.

Microsoft Stock Performance

Shares of MSFT opened at $450.18 on Monday. The company has a 50-day simple moving average of $402.37 and a 200-day simple moving average of $413.85. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $3.35 trillion, a PE ratio of 36.25, a P/E/G ratio of 2.21 and a beta of 0.99. Microsoft Co. has a 52-week low of $344.79 and a 52-week 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 (EPS) 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 net margin of 35.43% and a return on equity of 33.36%. The business’s revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm posted $2.94 EPS. Equities research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently declared 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 is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.74%. Microsoft’s dividend payout ratio is presently 25.66%.

About Microsoft

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.