Orin Green Financial LLC Boosts Stake in Microsoft Corporation (NASDAQ:MSFT)

Orin Green Financial LLC increased its position in Microsoft Corporation (NASDAQ:MSFT) by 6.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,111 shares of the software giant’s stock after buying an additional 126 shares during the period. Orin Green Financial LLC’s holdings in Microsoft were worth $890,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in MSFT. Fiduciary Advisors Inc. purchased a new stake in Microsoft during the fourth quarter valued at approximately $38,000. IFS Advisors LLC raised its position in Microsoft by 53.8% during 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 during the period. LSV Asset Management purchased a new stake in Microsoft during the fourth quarter valued at approximately $44,000. Fairway Wealth LLC purchased a new stake in Microsoft during the fourth quarter valued at approximately $62,000. Finally, Sellwood Investment Partners LLC purchased a new stake in Microsoft during the fourth quarter valued at approximately $120,000. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on MSFT shares. The Goldman Sachs Group increased their price target on Microsoft from $480.00 to $550.00 and gave the stock a “buy” rating in a report on Wednesday, May 21st. Wedbush reiterated an “outperform” rating on shares of Microsoft in a report on Wednesday, May 21st. Bank of America reduced their price target on Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. Tigress Financial increased their price target on Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a report on Thursday, March 20th. Finally, TD Securities increased their price target on Microsoft from $475.00 to $490.00 and gave the stock a “buy” rating in a report on Thursday, May 1st. Five research analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company. According to data from MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and a consensus target price of $515.68.

Microsoft Stock Up 0.5%

Microsoft stock opened at $480.24 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36. The stock has a market capitalization of $3.57 trillion, a price-to-earnings ratio of 37.11, a PEG ratio of 2.43 and a beta of 1.03. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $481.00. The business has a fifty day moving average price of $434.09 and a 200-day moving average price of $419.74.

Microsoft (NASDAQ:MSFT) last posted 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. The firm had revenue of $70.07 billion during the quarter, compared to analysts’ expectations of $68.54 billion. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The business’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.94 EPS. Equities research analysts forecast that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The company 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 $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 yield of 0.69%. Microsoft’s dividend payout ratio (DPR) is 25.66%.

Insider Buying and Selling

In related news, 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 completion of the transaction, 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Bradford L. Smith sold 6,000 shares of the firm’s stock in a transaction on Monday, May 5th. The stock was sold at an average price of $433.17, for a total value of $2,599,020.00. Following the completion of the transaction, the insider now owns 471,036 shares of the company’s stock, valued at $204,038,664.12. This trade represents a 1.26% decrease in their position. The disclosure for this sale can be found here. Insiders sold 135,743 shares of company stock worth $60,224,683 in the last 90 days. Insiders own 0.03% of the company’s stock.

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.