Microsoft Corporation (NASDAQ:MSFT) Shares Sold by Orgel Wealth Management LLC

Orgel Wealth Management LLC trimmed its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 0.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,082 shares of the software giant’s stock after selling 35 shares during the period. Orgel Wealth Management LLC’s holdings in Microsoft were worth $1,908,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of MSFT. Ball & Co Wealth Management Inc. acquired a new position in Microsoft during the fourth quarter worth about $31,000. Fiduciary Advisors Inc. acquired a new position in Microsoft during the fourth quarter worth about $38,000. LSV Asset Management acquired a new position in Microsoft during the fourth quarter worth about $44,000. IFS Advisors LLC grew its holdings in Microsoft by 50.0% during the first quarter. IFS Advisors LLC now owns 150 shares of the software giant’s stock worth $57,000 after acquiring an additional 50 shares during the period. Finally, Fairway Wealth LLC acquired a new position in Microsoft during the fourth quarter worth about $62,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Microsoft

In related news, insider Bradford L. Smith sold 6,000 shares of the business’s stock in a transaction that occurred 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 sale, the insider directly owned 471,036 shares in the company, valued at approximately $204,038,664.12. The trade was a 1.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Judson Althoff sold 16,000 shares of the business’s stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $458.18, for a total value of $7,330,880.00. Following the completion of the sale, the executive vice president owned 98,010 shares of the company’s stock, valued at approximately $44,906,221.80. This trade represents a 14.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is currently owned by company insiders.

Microsoft Stock Up 0.4%

Shares of Microsoft stock opened at $503.32 on Friday. The firm has a market cap of $3.74 trillion, a price-to-earnings ratio of 38.90, a P/E/G ratio of 2.27 and a beta of 1.04. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $506.78. The stock has a 50-day simple moving average of $470.64 and a 200-day simple moving average of $425.85.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results 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 analyst estimates of $68.54 billion. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The firm’s revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.94 EPS. On average, equities 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 announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors 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 annualized dividend and a yield of 0.66%. Microsoft’s dividend payout ratio (DPR) is currently 25.66%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Wells Fargo & Company lifted their target price on Microsoft from $565.00 to $585.00 and gave the stock an “overweight” rating in a report on Wednesday, June 25th. Tigress Financial lifted their price target on Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a research note on Thursday, March 20th. BMO Capital Markets lifted their price target on Microsoft from $485.00 to $550.00 and gave the stock an “outperform” rating in a research note on Thursday. Scotiabank lifted their price target on Microsoft from $470.00 to $500.00 and gave the stock a “sector outperform” rating in a research note on Thursday, May 1st. Finally, TD Securities lifted their price target on Microsoft from $475.00 to $490.00 and gave the stock a “buy” rating in a research note on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company. According to MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and an average target price of $534.14.

About Microsoft

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.