Crabel Capital Management LLC Buys Shares of 1,048 Microsoft Co. (NASDAQ:MSFT)

Crabel Capital Management LLC bought a new stake in shares of Microsoft Co. (NASDAQ:MSFT) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,048 shares of the software giant’s stock, valued at approximately $442,000. Microsoft accounts for approximately 1.4% of Crabel Capital Management LLC’s investment portfolio, making the stock its 25th largest holding.

Other large investors also recently added to or reduced their stakes in the company. Muirfield Wealth Advisors LLC boosted its holdings in shares of Microsoft by 0.5% during the 4th 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 during the period. Retirement Financial Solutions LLC lifted 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. Sterling Group Wealth Management LLC boosted its holdings in shares of 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 period. Kuhn & Co Investment Counsel grew its position in shares of Microsoft by 0.8% in the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant’s stock valued at $1,385,000 after purchasing an additional 25 shares during the last quarter. Finally, Alliance Wealth Management Group increased its stake in shares of Microsoft by 0.4% during the fourth quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant’s stock worth $2,368,000 after purchasing an additional 25 shares during the period. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 3,000 shares of Microsoft stock in a transaction dated 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 in the company, valued at $20,339,590. The trade was a 6.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Kathleen T. Hogan sold 21,500 shares of Microsoft stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total value of $9,756,055.00. Following the completion of the transaction, the executive vice president now owns 134,888 shares in the company, valued at approximately $61,208,127.76. This represents a 13.75% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 135,743 shares of company stock worth $60,224,683 over the last 90 days. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Guggenheim restated a “neutral” rating on shares of Microsoft in a research note on Thursday, May 1st. Jefferies Financial Group lifted their target price on Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, May 1st. Royal Bank of Canada reissued an “outperform” rating and issued a $525.00 target price on shares of Microsoft in a research report on Friday, May 23rd. Cantor Fitzgerald raised their price target on shares of Microsoft from $502.00 to $512.00 and gave the stock an “overweight” rating in a research report on Thursday, May 1st. Finally, Wall Street Zen cut shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Saturday. Five investment analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the stock. Based on data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus price target of $515.68.

Microsoft Stock Performance

Microsoft stock opened at $479.14 on Tuesday. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $480.69. 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 business’s 50-day moving average price is $430.54 and its two-hundred day moving average price is $418.94. The stock has a market cap of $3.56 trillion, a PE ratio of 38.58, a P/E/G ratio of 2.21 and a beta of 1.03.

Microsoft (NASDAQ:MSFT) last released its 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. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The firm had revenue of $70.07 billion for the quarter, compared to analysts’ expectations of $68.54 billion. During the same quarter in the previous year, the business posted $2.94 earnings per share. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. As a group, analysts expect that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft’s dividend payout ratio is presently 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.