Krilogy Financial LLC Acquires 1,794 Shares of Microsoft Corporation (NASDAQ:MSFT)

Krilogy Financial LLC increased its holdings in Microsoft Corporation (NASDAQ:MSFTFree Report) by 3.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,863 shares of the software giant’s stock after buying an additional 1,794 shares during the period. Microsoft comprises approximately 1.3% of Krilogy Financial LLC’s investment portfolio, making the stock its 25th biggest holding. Krilogy Financial LLC’s holdings in Microsoft were worth $19,469,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Microsoft during the fourth quarter valued at $44,343,058,000. GAMMA Investing LLC grew its holdings in shares of Microsoft by 40,290.4% during the first quarter. GAMMA Investing LLC now owns 46,695,303 shares of the software giant’s stock valued at $17,528,950,000 after buying an additional 46,579,693 shares during the last quarter. Proficio Capital Partners LLC grew its holdings in shares of Microsoft by 34,643.3% during the fourth quarter. Proficio Capital Partners LLC now owns 16,837,278 shares of the software giant’s stock valued at $7,096,913,000 after buying an additional 16,788,816 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Microsoft by 16.1% during the fourth quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant’s stock valued at $35,316,535,000 after buying an additional 11,600,470 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Microsoft by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant’s stock valued at $288,336,224,000 after buying an additional 10,431,988 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Insider Buying and Selling at Microsoft

In related news, EVP Judson Althoff sold 16,000 shares of Microsoft stock in a transaction on Monday, May 19th. The shares were sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the sale, the executive vice president directly owned 98,010 shares in the company, valued at $44,906,221.80. This trade represents a 14.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Bradford L. Smith sold 6,000 shares of Microsoft stock in a transaction on Monday, May 5th. The stock was sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the sale, the insider owned 471,036 shares in the company, valued at $204,038,664.12. This represents a 1.26% 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 Performance

Microsoft stock opened at $505.62 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 cap of $3.76 trillion, a price-to-earnings ratio of 39.07, a price-to-earnings-growth ratio of 2.30 and a beta of 1.04. The firm has a 50 day simple moving average of $474.88 and a 200-day simple moving average of $427.28. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $508.30.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) 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 company had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. During the same period in the prior year, the firm earned $2.94 earnings per share. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. On average, analysts expect that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 annualized dividend and a dividend yield of 0.66%. Microsoft’s dividend payout ratio (DPR) is currently 25.66%.

Analyst Ratings Changes

Several equities research analysts have commented on MSFT shares. Westpark Capital reaffirmed a “hold” rating on shares of Microsoft in a report on Thursday, May 1st. 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. Bank of America lowered their price target on shares of Microsoft from $510.00 to $480.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. TD Securities upped their price target on shares of Microsoft from $475.00 to $490.00 and gave the company a “buy” rating in a report on Thursday, May 1st. Finally, Mizuho upped their price target on shares of Microsoft from $500.00 to $540.00 and gave the company an “outperform” rating in a report on Wednesday. Four investment analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $538.04.

Read Our Latest Stock Analysis on MSFT

Microsoft Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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