David J Yvars Group Has $9.15 Million Stock Position in Microsoft Corporation (NASDAQ:MSFT)

David J Yvars Group boosted its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 0.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,372 shares of the software giant’s stock after buying an additional 36 shares during the quarter. Microsoft makes up 7.2% of David J Yvars Group’s portfolio, making the stock its 4th largest position. David J Yvars Group’s holdings in Microsoft were worth $9,149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Ball & Co Wealth Management Inc. purchased a new stake in Microsoft during the 4th quarter worth approximately $31,000. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft in the 4th quarter valued at $38,000. LSV Asset Management purchased a new stake in shares of Microsoft in the 4th quarter valued at $44,000. Fairway Wealth LLC purchased a new stake in shares of Microsoft in the 4th quarter valued at $62,000. Finally, IFS Advisors LLC boosted 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 valued at $57,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Insiders Place Their Bets

In related news, 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 directly owned 98,010 shares in the company, valued at approximately $44,906,221.80. The trade was a 14.03% 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 Amy Coleman sold 13,243 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the executive vice president owned 43,100 shares of the company’s stock, valued at approximately $19,481,631. This trade represents a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 135,743 shares of company stock worth $60,224,683 in the last quarter. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

MSFT has been the subject of several analyst reports. Oppenheimer upgraded shares of Microsoft from a “market perform” rating to an “outperform” rating and set a $600.00 target price for the company in a research note on Wednesday, July 9th. JPMorgan Chase & Co. boosted their target price on shares of Microsoft from $465.00 to $475.00 and gave the company an “overweight” rating in a research note on Thursday, May 1st. Citigroup boosted their target price on shares of Microsoft from $540.00 to $605.00 and gave the company a “buy” rating in a research note on Wednesday, June 11th. Evercore ISI set a $515.00 target price on shares of Microsoft and gave the company an “outperform” rating in a research note on Wednesday, May 21st. Finally, Wall Street Zen downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a report on Monday, June 30th. 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, Microsoft currently has a consensus rating of “Moderate Buy” and an average target price of $541.79.

Microsoft Trading Down 0.3%

Shares of MSFT opened at $510.05 on Friday. The business’s 50-day moving average price is $477.78 and its 200 day moving average price is $428.49. The stock has a market capitalization of $3.79 trillion, a P/E ratio of 39.42, a P/E/G ratio of 2.33 and a beta of 1.04. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $514.64. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12.

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

Microsoft Dividend Announcement

The company also recently declared 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 is Thursday, August 21st. This represents a $3.32 annualized dividend and a dividend yield of 0.65%. Microsoft’s payout ratio is 25.66%.

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.