3,155 Shares in Microsoft Co. (NASDAQ:MSFT) Acquired by Martin Worley Group

Martin Worley Group purchased a new stake in Microsoft Co. (NASDAQ:MSFT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,155 shares of the software giant’s stock, valued at approximately $1,330,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Muirfield Wealth Advisors LLC increased its position in Microsoft by 0.5% in the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock worth $1,866,000 after purchasing an additional 24 shares during the period. Retirement Financial Solutions LLC lifted its position in Microsoft by 2.3% during the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant’s stock valued at $443,000 after purchasing an additional 24 shares during the period. Boulder Wealth Advisors LLC boosted its stake in shares of Microsoft by 1.0% in the 3rd quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant’s stock valued at $1,106,000 after purchasing an additional 25 shares during the last quarter. Sterling Group Wealth Management LLC grew its position in shares of Microsoft by 0.5% during the 4th quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant’s stock worth $2,335,000 after buying an additional 25 shares during the period. Finally, Kuhn & Co Investment Counsel raised its stake in shares of 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 buying an additional 25 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Piper Sandler restated an “overweight” rating on shares of Microsoft in a research report on Wednesday, May 21st. Raymond James upped their price target on Microsoft from $480.00 to $490.00 and gave the company an “outperform” rating in a research note on Thursday, May 1st. Tigress Financial lifted their price objective on shares of Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a research note on Thursday, March 20th. Benchmark reaffirmed a “buy” rating on shares of Microsoft in a research note on Thursday, May 1st. Finally, Bank of America cut their target price on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. Four analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $513.59.

Microsoft Trading Up 0.6%

Shares of Microsoft stock opened at $470.38 on Monday. The stock has a market cap of $3.50 trillion, a P/E ratio of 37.87, a P/E/G ratio of 2.21 and a beta of 1.03. 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 Co. has a 12-month low of $344.79 and a 12-month high of $473.34. The business’s 50 day moving average is $417.20 and its 200-day moving average is $416.68.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating analysts’ consensus estimates of $3.22 by $0.24. The company 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 company’s quarterly revenue was up 13.3% on a year-over-year basis. 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 Dividend Announcement

The firm also recently declared 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. This represents a $3.32 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 25.66%.

Insider Buying and Selling at Microsoft

In related news, EVP Amy Coleman sold 13,243 shares of the company’s stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $452.01, for a total value of $5,985,968.43. Following the transaction, the executive vice president now owns 43,100 shares in the company, valued at approximately $19,481,631. This represents a 23.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Bradford L. Smith sold 75,000 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 476,999 shares in the company, valued at $207,995,413.95. The trade was a 13.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 135,743 shares of company stock worth $60,224,683 over the last 90 days. Company insiders own 0.03% of the company’s stock.

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.