Microsoft Corporation $MSFT Shares Sold by Arlington Trust Co LLC

Arlington Trust Co LLC reduced its stake in Microsoft Corporation (NASDAQ:MSFT) by 0.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,882 shares of the software giant’s stock after selling 165 shares during the quarter. Microsoft accounts for 2.2% of Arlington Trust Co LLC’s portfolio, making the stock its 9th largest position. Arlington Trust Co LLC’s holdings in Microsoft were worth $10,467,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WFA Asset Management Corp lifted its holdings in shares of Microsoft by 27.0% during the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock worth $427,000 after acquiring an additional 216 shares during the period. Ironwood Wealth Management LLC. raised its stake in Microsoft by 0.3% during the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock worth $5,658,000 after buying an additional 38 shares during the last quarter. Discipline Wealth Solutions LLC grew its holdings in Microsoft by 410.4% in the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant’s stock worth $1,144,000 after purchasing an additional 2,138 shares during the period. Wealth Group Ltd. grew its holdings in Microsoft by 1.2% in the fourth quarter. Wealth Group Ltd. now owns 2,374 shares of the software giant’s stock worth $1,000,000 after purchasing an additional 28 shares during the period. Finally, Tallon Kerry Patrick acquired a new stake in Microsoft in the fourth quarter worth $1,375,000. 71.13% of the stock is owned by institutional investors.

Microsoft Trading Down 0.4%

Shares of NASDAQ MSFT opened at $520.17 on Monday. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $555.45. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $502.60 and a 200-day simple moving average of $441.19. The stock 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.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, topping the consensus estimate of $3.35 by $0.30. Microsoft had a return on equity of 32.44% and a net margin of 36.15%. The company had revenue of $76.44 billion for the quarter, compared to the consensus estimate of $73.79 billion. During the same quarter in the prior year, the business earned $2.95 EPS. Microsoft’s revenue was up 18.1% on a year-over-year basis. On average, equities analysts forecast that Microsoft Corporation will post 13.08 earnings per share for the current 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 given a $0.83 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.6%. Microsoft’s dividend payout ratio is 24.34%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on MSFT. Oppenheimer raised their price target on shares of Microsoft from $600.00 to $630.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Mizuho lifted their price objective on shares of Microsoft from $540.00 to $625.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Wall Street Zen raised shares of Microsoft from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Wedbush lifted their price objective on shares of Microsoft from $600.00 to $625.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Finally, Stifel Nicolaus lifted their price objective on shares of Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, July 28th. Two analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company’s stock. Based on data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and a consensus price target of $609.86.

Insider Transactions at Microsoft

In related news, EVP Kathleen T. Hogan sold 21,500 shares of the company’s stock in a transaction dated 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 directly owned 134,888 shares of the company’s stock, valued at $61,208,127.76. This represents a 13.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Takeshi Numoto sold 4,850 shares of the company’s stock in a transaction dated Tuesday, August 12th. The shares were 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 directly owned 39,111 shares of the company’s stock, valued at approximately $20,624,012.52. This trade represents a 11.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 30,350 shares of company stock valued at $14,162,567. Insiders own 0.03% of the company’s stock.

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.