Inscription Capital LLC Acquires New Stake in Microsoft Corporation (NASDAQ:MSFT)

Inscription Capital LLC acquired a new stake in shares of Microsoft Corporation (NASDAQ:MSFT) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 48,266 shares of the software giant’s stock, valued at approximately $18,119,000. Microsoft accounts for approximately 2.9% of Inscription Capital LLC’s holdings, making the stock its 6th largest position.

Other large investors have also added to or reduced their stakes in the company. Adamsbrown Wealth Consultants LLC raised its position in shares of Microsoft by 2.2% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant’s stock valued at $2,515,000 after buying an additional 130 shares in the last quarter. Mcdaniel Terry & Co. raised its position in Microsoft by 6.1% in the 4th quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant’s stock worth $133,023,000 after purchasing an additional 18,052 shares during the period. 1900 Wealth Management LLC raised its position in Microsoft by 3.0% in the 4th quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant’s stock worth $4,274,000 after purchasing an additional 294 shares during the period. Strategic Financial Services Inc. raised its position in Microsoft by 7.8% in the 4th quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant’s stock worth $7,345,000 after purchasing an additional 1,268 shares during the period. Finally, Elevate Wealth Advisory Inc. raised its position in Microsoft by 147.9% in the 4th quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant’s stock worth $737,000 after purchasing an additional 1,043 shares during the period. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Microsoft Stock Up 0.0%

Shares of NASDAQ:MSFT opened at $510.06 on Tuesday. The stock has a market cap of $3.79 trillion, a P/E ratio of 39.42, a P/E/G ratio of 2.32 and a beta of 1.04. The firm has a fifty day moving average price of $477.78 and a 200 day moving average price of $428.61. 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 1-year low of $344.79 and a 1-year high of $514.64.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating the consensus estimate of $3.22 by $0.24. The firm had revenue of $70.07 billion during the quarter, compared to analysts’ expectations of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the business earned $2.94 earnings per share. Sell-side analysts predict that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be issued a dividend of $0.83 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.65%. Microsoft’s dividend payout ratio (DPR) is presently 25.66%.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Amy Coleman sold 13,243 shares of Microsoft stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the transaction, the executive vice president directly owned 43,100 shares of the company’s stock, valued at $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Takeshi Numoto sold 3,000 shares of Microsoft stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total transaction of $1,389,000.00. Following the transaction, the executive vice president directly owned 43,930 shares in the company, valued at approximately $20,339,590. This trade represents a 6.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 135,743 shares of company stock valued at $60,224,683. Corporate insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on MSFT shares. Needham & Company LLC reiterated a “buy” rating on shares of Microsoft in a research note on Thursday, May 1st. Oppenheimer upgraded shares of Microsoft from a “market perform” rating to an “outperform” rating and set a $600.00 price objective on the stock in a research note on Wednesday, July 9th. Wedbush raised their target price on shares of Microsoft from $515.00 to $600.00 and gave the company an “outperform” rating in a research note on Wednesday, June 25th. Citigroup raised 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. Finally, Benchmark restated a “buy” rating on shares of Microsoft 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $543.79.

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.