Microsoft Corporation (NASDAQ:MSFT) Stock Position Cut by Integrated Advisors Network LLC

Integrated Advisors Network LLC cut its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 1.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 98,223 shares of the software giant’s stock after selling 989 shares during the quarter. Microsoft makes up approximately 2.0% of Integrated Advisors Network LLC’s holdings, making the stock its 5th largest holding. Integrated Advisors Network LLC’s holdings in Microsoft were worth $41,401,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of MSFT. Muirfield Wealth Advisors LLC grew its stake in Microsoft by 0.5% in the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock valued at $1,866,000 after buying an additional 24 shares in the last quarter. Retirement Financial Solutions LLC grew its stake in 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. Sterling Group Wealth Management LLC grew its stake in Microsoft by 0.5% in the 4th quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant’s stock valued at $2,335,000 after buying an additional 25 shares in the last quarter. Kuhn & Co Investment Counsel grew its stake in Microsoft by 0.8% in the 4th quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant’s stock valued at $1,385,000 after buying an additional 25 shares in the last quarter. Finally, Alliance Wealth Management Group grew its stake in Microsoft by 0.4% in the 4th quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant’s stock valued at $2,368,000 after buying an additional 25 shares in the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Microsoft news, EVP Takeshi Numoto sold 1,000 shares of the business’s stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $460.01, for a total value of $460,010.00. Following the transaction, the executive vice president now owns 47,058 shares in the company, valued at approximately $21,647,150.58. The trade was a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Amy Coleman sold 13,243 shares of the business’s stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the completion of the transaction, the executive vice president now owns 43,100 shares in the company, valued at $19,481,631. The trade was a 23.50% decrease in their position. The disclosure for this sale can be found here. Insiders sold 135,743 shares of company stock valued at $60,224,683 over the last three months. Insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on MSFT shares. Wells Fargo & Company reiterated an “overweight” rating and issued a $565.00 price objective (up from $515.00) on shares of Microsoft in a research note on Friday, June 13th. KeyCorp reissued a “sector weight” rating on shares of Microsoft in a report on Thursday, April 17th. Evercore ISI set a $515.00 price target on shares of Microsoft and gave the company an “outperform” rating in a report on Wednesday, May 21st. Needham & Company LLC reissued a “buy” rating on shares of Microsoft in a report on Thursday, May 1st. Finally, Stifel Nicolaus raised their price target on shares of Microsoft from $475.00 to $500.00 and gave the company 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 Performance

Microsoft stock opened at $477.40 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $3.55 trillion, a PE ratio of 36.89, a P/E/G ratio of 2.44 and a beta of 1.03. The firm has a fifty day simple moving average of $437.84 and a two-hundred day simple moving average of $420.47. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $483.46.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The firm’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.94 earnings per share. Research analysts expect that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.70%. 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.