Guidance Point Advisors LLC Acquires 25 Shares of Microsoft Co. (NASDAQ:MSFT)

Guidance Point Advisors LLC raised its holdings in Microsoft Co. (NASDAQ:MSFT) by 0.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,294 shares of the software giant’s stock after buying an additional 25 shares during the period. Guidance Point Advisors LLC’s holdings in Microsoft were worth $1,811,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Muirfield Wealth Advisors LLC grew its stake in Microsoft by 0.5% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock worth $1,866,000 after buying an additional 24 shares in the last quarter. Retirement Financial Solutions LLC raised its position in shares of Microsoft by 2.3% in the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant’s stock valued at $443,000 after buying an additional 24 shares in the last quarter. Boulder Wealth Advisors LLC lifted its holdings in shares of Microsoft by 1.0% during the 3rd 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 period. Sterling Group Wealth Management LLC lifted its holdings 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 acquiring an additional 25 shares during the period. Finally, Kuhn & Co Investment Counsel boosted its position in shares of Microsoft by 0.8% during the 4th 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 in the last quarter. 71.13% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on the stock. Needham & Company LLC restated a “buy” rating on shares of Microsoft in a research report on Thursday, May 1st. DA Davidson lifted their price target on Microsoft from $450.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, May 1st. Cantor Fitzgerald boosted their price target on Microsoft from $502.00 to $512.00 and gave the stock an “overweight” rating in a report on Thursday, May 1st. Raymond James raised their price objective on Microsoft from $480.00 to $490.00 and gave the company an “outperform” rating in a research note on Thursday, May 1st. Finally, Tigress Financial lifted their target price on Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research report on Thursday, March 20th. Four equities research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $513.59.

Insider Transactions at Microsoft

In other news, EVP Takeshi Numoto sold 1,000 shares of the business’s stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $460.01, for a total value of $460,010.00. Following the transaction, the executive vice president now directly owns 47,058 shares of the company’s stock, valued at $21,647,150.58. The trade was a 2.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Bradford L. Smith sold 75,000 shares of the firm’s stock in a transaction that occurred on Friday, May 2nd. The stock was 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 $207,995,413.95. This represents a 13.59% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 135,743 shares of company stock worth $60,224,683 over the last three months. 0.03% of the stock is owned by company insiders.

Microsoft Trading Up 0.6%

NASDAQ MSFT opened at $470.38 on Monday. The firm has a market capitalization of $3.50 trillion, a PE ratio of 37.87, a price-to-earnings-growth ratio of 2.21 and a beta of 1.03. The business’s 50-day moving average price is $417.20 and its two-hundred day moving average price is $416.68. The company has a current ratio of 1.35, a quick ratio of 1.34 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.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS 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 return on equity of 33.36% and a net margin of 35.43%. The firm’s 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. On average, analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio is currently 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.