Alexis Investment Partners LLC Makes New $1.89 Million Investment in Microsoft Co. (NASDAQ:MSFT)

Alexis Investment Partners LLC acquired a new position in shares of Microsoft Co. (NASDAQ:MSFT) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,466 shares of the software giant’s stock, valued at approximately $1,888,000. Microsoft accounts for about 0.9% of Alexis Investment Partners LLC’s holdings, making the stock its 19th biggest holding.

Other large investors have also recently made changes to their positions in the company. Adamsbrown Wealth Consultants LLC lifted its stake in Microsoft by 2.2% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock worth $2,515,000 after acquiring an additional 130 shares during the period. Mcdaniel Terry & Co. raised its holdings in Microsoft by 6.1% in the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant’s stock worth $133,023,000 after purchasing an additional 18,052 shares in the last quarter. 1900 Wealth Management LLC increased its holdings in shares of Microsoft by 3.0% during the fourth quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant’s stock valued at $4,274,000 after acquiring an additional 294 shares in the last quarter. Strategic Financial Services Inc. increased its holdings in shares of Microsoft by 7.8% during the fourth quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant’s stock valued at $7,345,000 after acquiring an additional 1,268 shares in the last quarter. Finally, Elevate Wealth Advisory Inc. increased its holdings in shares of Microsoft by 147.9% during the fourth quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant’s stock valued at $737,000 after acquiring an additional 1,043 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Takeshi Numoto sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total value of $1,389,000.00. Following the transaction, the executive vice president now owns 43,930 shares of the company’s stock, valued at approximately $20,339,590. The trade was a 6.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the executive vice president now directly owns 43,100 shares in the company, valued at approximately $19,481,631. The trade was a 23.50% 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 90 days. 0.03% of the stock is owned by insiders.

Wall Street Analyst Weigh In

MSFT has been the topic of a number of recent research reports. Raymond James upped their target price on Microsoft from $480.00 to $490.00 and gave the company an “outperform” rating in a research report on Thursday, May 1st. Needham & Company LLC reiterated a “buy” rating on shares of Microsoft in a research report on Thursday, May 1st. Wedbush reiterated an “outperform” rating on shares of Microsoft in a research report on Wednesday, May 21st. Wells Fargo & Company raised their price objective on Microsoft from $515.00 to $565.00 and gave the company an “overweight” rating in a report on Friday. Finally, The Goldman Sachs Group raised their target price on Microsoft from $480.00 to $550.00 and gave the stock a “buy” rating in a research note on Wednesday, May 21st. Five equities research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $515.68.

Microsoft Stock Performance

NASDAQ MSFT opened at $474.96 on Friday. The company has a market cap of $3.53 trillion, a P/E ratio of 38.24, a P/E/G ratio of 2.21 and a beta of 1.03. 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 50-day moving average of $428.05 and a two-hundred day moving average of $418.65. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $480.42.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion during 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 business’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the business posted $2.94 EPS. As a group, analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.70%. The ex-dividend date is Thursday, August 21st. 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.