Consilium Wealth Advisory LLC Sells 113 Shares of Microsoft Corporation (NASDAQ:MSFT)

Consilium Wealth Advisory LLC reduced its stake in Microsoft Corporation (NASDAQ:MSFT) by 0.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,021 shares of the software giant’s stock after selling 113 shares during the period. Microsoft makes up about 2.8% of Consilium Wealth Advisory LLC’s holdings, making the stock its 11th largest holding. Consilium Wealth Advisory LLC’s holdings in Microsoft were worth $5,639,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Inscription Capital LLC bought a new stake in shares of Microsoft in the 1st quarter worth approximately $18,119,000. Blackston Financial Advisory Group LLC boosted its stake in shares of Microsoft by 12.2% during the first quarter. Blackston Financial Advisory Group LLC now owns 12,630 shares of the software giant’s stock valued at $4,741,000 after purchasing an additional 1,375 shares in the last quarter. Conestoga Capital Advisors LLC lifted its stake in shares of Microsoft by 1.9% during the first quarter. Conestoga Capital Advisors LLC now owns 2,712 shares of the software giant’s stock worth $1,018,000 after buying an additional 50 shares during the period. Marathon Strategic Advisors LLC raised its holdings in shares of Microsoft by 2.8% during the first quarter. Marathon Strategic Advisors LLC now owns 1,335 shares of the software giant’s stock worth $501,000 after purchasing an additional 36 shares during the last quarter. Finally, Louisbourg Investments Inc. increased its holdings in Microsoft by 5.1% in the first quarter. Louisbourg Investments Inc. now owns 31,220 shares of the software giant’s stock valued at $11,720,000 after buying an additional 1,508 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on MSFT. Morgan Stanley reaffirmed an “overweight” rating and set a $530.00 target price (up from $482.00) on shares of Microsoft in a research note on Thursday, June 26th. Guggenheim reissued a “neutral” rating on shares of Microsoft in a research report on Thursday, May 1st. Royal Bank Of Canada reissued an “outperform” rating and issued a $525.00 price target on shares of Microsoft in a report on Friday, May 23rd. Evercore ISI set a $515.00 price target on Microsoft and gave the company an “outperform” rating in a report on Wednesday, May 21st. Finally, Stifel Nicolaus boosted their target price on shares of Microsoft from $475.00 to $500.00 and gave the company a “buy” rating in a research note on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Microsoft currently has a consensus rating of “Moderate Buy” and an average price target of $543.79.

Insiders Place Their Bets

In related news, EVP Judson Althoff sold 16,000 shares of the stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 98,010 shares of the company’s stock, valued at $44,906,221.80. This represents a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Takeshi Numoto sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total transaction of $1,389,000.00. Following the sale, the executive vice president owned 43,930 shares in the company, valued at approximately $20,339,590. This trade represents a 6.39% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, 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 Up 0.0%

Shares of NASDAQ MSFT opened at $510.06 on Tuesday. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $514.64. The stock’s fifty day simple moving average is $477.78 and its two-hundred day simple moving average is $428.61. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $3.79 trillion, a PE ratio of 39.42, a price-to-earnings-growth ratio of 2.32 and a beta of 1.04.

Microsoft (NASDAQ:MSFT) last announced 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 company had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the firm earned $2.94 EPS. As a group, analysts expect that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company 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 dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date is Thursday, August 21st. Microsoft’s dividend payout ratio (DPR) 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.