Microsoft Corporation (NASDAQ:MSFT) Shares Purchased by Financial Avengers Inc.

Financial Avengers Inc. lifted its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 1.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,903 shares of the software giant’s stock after acquiring an additional 236 shares during the quarter. Microsoft accounts for about 3.2% of Financial Avengers Inc.’s portfolio, making the stock its 9th largest position. Financial Avengers Inc.’s holdings in Microsoft were worth $6,703,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Fiduciary Advisors Inc. purchased a new position in shares of Microsoft in the 4th quarter valued at about $38,000. IFS Advisors LLC boosted its holdings in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock valued at $42,000 after purchasing an additional 35 shares in the last quarter. LSV Asset Management acquired a new stake in Microsoft during the fourth quarter worth approximately $44,000. Avondale Wealth Management lifted its position in shares of Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant’s stock worth $46,000 after buying an additional 65 shares during the last quarter. Finally, Fairway Wealth LLC acquired a new position in shares of Microsoft in the 4th quarter valued at $62,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of the business’s stock in a transaction 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 completion of the transaction, the insider now directly owns 476,999 shares in the company, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Takeshi Numoto sold 3,000 shares of the firm’s stock in a transaction 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 sale, the executive vice president now owns 43,930 shares in the company, valued at $20,339,590. This trade represents a 6.39% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 135,743 shares of company stock valued at $60,224,683 over the last three months. 0.03% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on MSFT shares. Citigroup boosted their price target on shares of Microsoft from $540.00 to $605.00 and gave the company a “buy” rating in a research report on Wednesday, June 11th. UBS Group decreased their target price on Microsoft from $510.00 to $480.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Needham & Company LLC reaffirmed a “buy” rating on shares of Microsoft in a research report on Thursday, May 1st. BMO Capital Markets reiterated an “outperform” rating on shares of Microsoft in a research note on Wednesday, May 21st. Finally, The Goldman Sachs Group lifted their price objective on shares of Microsoft from $480.00 to $550.00 and gave the company a “buy” rating in a research note on Wednesday, May 21st. Five research analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and a consensus target price of $515.68.

Microsoft Stock Performance

NASDAQ:MSFT opened at $478.04 on Wednesday. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $3.55 trillion, a P/E ratio of 36.94, a price-to-earnings-growth ratio of 2.44 and a beta of 1.03. The firm has a 50-day moving average price of $432.29 and a two-hundred day moving average price of $419.32. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $480.69.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The business had revenue of $70.07 billion during the quarter, compared to analysts’ expectations of $68.54 billion. During the same period last year, the company posted $2.94 EPS. The company’s revenue was up 13.3% on a year-over-year basis. As a group, research analysts expect that Microsoft Corporation 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, September 11th. Stockholders of record on Thursday, August 21st will be issued a $0.83 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.69%. Microsoft’s dividend payout ratio (DPR) is 25.66%.

Microsoft 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.