Global Strategic Investment Solutions LLC Has $3.16 Million Position in Microsoft Corporation $MSFT

Global Strategic Investment Solutions LLC lowered its position in Microsoft Corporation (NASDAQ:MSFT) by 9.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,422 shares of the software giant’s stock after selling 917 shares during the quarter. Global Strategic Investment Solutions LLC’s holdings in Microsoft were worth $3,161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Newton One Investments LLC boosted its holdings in shares of Microsoft by 66.7% during the 1st quarter. Newton One Investments LLC now owns 75 shares of the software giant’s stock worth $28,000 after buying an additional 30 shares in the last quarter. Ball & Co Wealth Management Inc. bought a new position in shares of Microsoft in the 4th quarter worth $31,000. LSV Asset Management bought a new position in shares of Microsoft in the 4th quarter worth $44,000. IFS Advisors LLC lifted 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 in the last quarter. Finally, Fairway Wealth LLC bought a new position in shares of Microsoft in the 4th quarter worth $62,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MSFT. Jefferies Financial Group increased their target price on Microsoft from $600.00 to $675.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Westpark Capital restated a “hold” rating on shares of Microsoft in a research note on Thursday, July 31st. Citigroup raised their price objective on Microsoft from $605.00 to $613.00 and gave the company a “buy” rating in a research note on Tuesday, July 22nd. Barclays raised their price objective on Microsoft from $550.00 to $625.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Finally, Cantor Fitzgerald raised their price objective on Microsoft from $581.00 to $639.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Two research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $609.86.

Insider Transactions at Microsoft

In related news, EVP Takeshi Numoto sold 4,850 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total value of $2,557,502.00. Following the completion of the sale, the executive vice president owned 39,111 shares in the company, valued at $20,624,012.52. The trade was a 11.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kathleen T. Hogan sold 21,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total value of $9,756,055.00. Following the completion of the sale, the executive vice president owned 134,888 shares of the company’s stock, 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. In the last quarter, insiders have sold 30,350 shares of company stock valued at $14,162,567. Corporate insiders own 0.03% of the company’s stock.

Microsoft Stock Down 0.4%

MSFT stock opened at $520.17 on Monday. The firm has a market capitalization of $3.87 trillion, a PE ratio of 38.14, a PEG ratio of 2.28 and a beta of 1.06. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.12. The stock has a 50-day simple moving average of $502.60 and a two-hundred day simple moving average of $441.19. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $555.45.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results 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. The firm had revenue of $76.44 billion during the quarter, compared to the consensus estimate of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%. The company’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter last year, the company posted $2.95 EPS. On average, equities analysts predict that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, August 21st. Microsoft’s dividend payout ratio (DPR) is 24.34%.

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.