Microsoft Corporation (NASDAQ:MSFT) Shares Acquired by Arbor Capital Management Inc. ADV

Arbor Capital Management Inc. ADV lifted its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 4.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,724 shares of the software giant’s stock after acquiring an additional 246 shares during the period. Microsoft accounts for approximately 2.1% of Arbor Capital Management Inc. ADV’s portfolio, making the stock its 11th biggest holding. Arbor Capital Management Inc. ADV’s holdings in Microsoft were worth $2,177,000 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. Norges Bank purchased a new stake in shares of Microsoft during the 4th quarter valued at about $44,343,058,000. GAMMA Investing LLC raised its holdings in shares of Microsoft by 40,290.4% during the 1st 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 period. Proficio Capital Partners LLC raised its holdings in shares of Microsoft by 34,643.3% during the 4th 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 period. Northern Trust Corp raised its holdings in shares of Microsoft by 16.1% during the 4th 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 period. Finally, Vanguard Group Inc. raised its holdings in shares of Microsoft by 1.5% during the 4th 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 period. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Trading Down 0.4%

NASDAQ:MSFT opened at $520.17 on Friday. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $555.45. The firm has a market capitalization of $3.87 trillion, a P/E ratio of 38.14, a P/E/G ratio of 2.28 and a beta of 1.06. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35. The business has a 50 day simple moving average of $502.60 and a 200 day simple moving average of $441.01.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.35 by $0.30. Microsoft had a return on equity of 32.44% and a net margin of 36.15%. The business had revenue of $76.44 billion during the quarter, compared to analyst estimates of $73.79 billion. During the same quarter in the previous year, the firm posted $2.95 EPS. The business’s revenue for the quarter was up 18.1% compared to the same quarter last year. Equities research analysts predict that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be given 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 yield of 0.6%. Microsoft’s payout ratio is currently 24.34%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Raymond James Financial raised their target price on Microsoft from $490.00 to $570.00 and gave the company an “outperform” rating in a report on Monday, July 28th. Morgan Stanley lifted their price objective on Microsoft from $530.00 to $582.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Westpark Capital restated a “hold” rating on shares of Microsoft in a report on Thursday, July 31st. The Goldman Sachs Group lifted their price objective on Microsoft from $480.00 to $550.00 and gave the stock a “buy” rating in a report on Wednesday, May 21st. Finally, KeyCorp upgraded Microsoft from a “sector weight” rating to an “overweight” rating and set a $630.00 price objective on the stock in a report on Thursday, July 31st. Two investment analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $609.86.

Insider Activity at Microsoft

In other Microsoft news, EVP Judson Althoff sold 16,000 shares of Microsoft stock in a transaction on Monday, May 19th. The stock was sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the sale, the executive vice president owned 98,010 shares of the company’s stock, valued at $44,906,221.80. The trade was a 14.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kathleen T. Hogan sold 21,500 shares of Microsoft stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total value of $9,756,055.00. Following the sale, the executive vice president directly owned 134,888 shares in the company, valued at $61,208,127.76. The trade was a 13.75% decrease in their position. The disclosure for this sale can be found here. Insiders sold 46,350 shares of company stock worth $21,493,447 in the last 90 days. 0.03% of the stock is currently owned by company insiders.

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.