Microsoft Corporation (NASDAQ:MSFT) Shares Acquired by Matauro LLC

Matauro LLC lifted its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 43.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,341 shares of the software giant’s stock after acquiring an additional 3,443 shares during the period. Microsoft accounts for approximately 0.9% of Matauro LLC’s portfolio, making the stock its 21st biggest holding. Matauro LLC’s holdings in Microsoft were worth $4,257,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Ball & Co Wealth Management Inc. purchased a new position in shares of Microsoft in the 4th quarter worth about $31,000. Fiduciary Advisors Inc. purchased a new position in shares of Microsoft in the 4th quarter worth about $38,000. LSV Asset Management purchased a new position in shares of Microsoft in the 4th quarter worth about $44,000. IFS Advisors LLC raised its holdings in shares of Microsoft by 50.0% in the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant’s stock worth $57,000 after purchasing an additional 50 shares during the period. Finally, Fairway Wealth LLC purchased a new position in shares of Microsoft in the 4th quarter worth about $62,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on MSFT shares. TD Securities raised their price objective on Microsoft from $475.00 to $490.00 and gave the stock a “buy” rating in a report on Thursday, May 1st. Wells Fargo & Company raised their price objective on Microsoft from $565.00 to $585.00 and gave the stock an “overweight” rating in a report on Wednesday, June 25th. Guggenheim restated a “neutral” rating on shares of Microsoft in a report on Thursday, May 1st. Evercore ISI set a $515.00 target price on Microsoft and gave the company an “outperform” rating in a report on Wednesday, May 21st. Finally, Oppenheimer upgraded Microsoft from a “market perform” rating to an “outperform” rating and set a $600.00 target price on the stock in a report on Wednesday, July 9th. Four equities research analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $538.04.

Insider Transactions at Microsoft

In other Microsoft news, EVP Amy Coleman sold 13,243 shares of the business’s stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the transaction, the executive vice president owned 43,100 shares in the company, valued at $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Judson Althoff sold 16,000 shares of the business’s stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $458.18, for a total value of $7,330,880.00. Following the completion of the transaction, the executive vice president owned 98,010 shares in the company, valued at $44,906,221.80. This trade represents a 14.03% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 135,743 shares of company stock valued at $60,224,683. Corporate insiders own 0.03% of the company’s stock.

Microsoft Stock Down 0.0%

MSFT opened at $505.62 on Thursday. Microsoft Corporation has a one year low of $344.79 and a one year high of $508.30. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.36 and a current ratio of 1.37. The stock’s fifty day moving average is $474.88 and its 200-day moving average is $427.28. The company has a market capitalization of $3.76 trillion, a PE ratio of 39.07, a P/E/G ratio of 2.30 and a beta of 1.04.

Microsoft (NASDAQ:MSFT) last issued its 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 return on equity of 32.74% and a net margin of 35.79%. The business had revenue of $70.07 billion for the quarter, compared to analysts’ expectations of $68.54 billion. During the same period in the previous year, the firm posted $2.94 EPS. The company’s quarterly revenue was up 13.3% on a year-over-year basis. On average, equities analysts predict 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. Shareholders 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 0.66%. Microsoft’s dividend payout ratio (DPR) is currently 25.66%.

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.