Nova Wealth Management Inc. Purchases 282 Shares of Microsoft Corporation $MSFT

Nova Wealth Management Inc. boosted its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 9.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,404 shares of the software giant’s stock after acquiring an additional 282 shares during the quarter. Microsoft accounts for 1.2% of Nova Wealth Management Inc.’s portfolio, making the stock its 17th largest position. Nova Wealth Management Inc.’s holdings in Microsoft were worth $1,693,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Newton One Investments LLC increased its position in Microsoft by 66.7% in the first quarter. Newton One Investments LLC now owns 75 shares of the software giant’s stock worth $28,000 after purchasing an additional 30 shares during the period. Ball & Co Wealth Management Inc. bought a new position in shares of Microsoft during the 4th quarter valued at about $31,000. LSV Asset Management bought a new position in shares of Microsoft during the 4th quarter worth approximately $44,000. IFS Advisors LLC grew its stake in shares of Microsoft by 50.0% during the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant’s stock worth $57,000 after acquiring an additional 50 shares in the last quarter. Finally, ROSS JOHNSON & Associates LLC raised its stake in shares of Microsoft by 155.7% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 156 shares of the software giant’s stock worth $59,000 after purchasing an additional 95 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Stock Performance

MSFT opened at $508.45 on Friday. The firm has a market cap of $3.78 trillion, a P/E ratio of 37.28, a price-to-earnings-growth ratio of 2.22 and a beta of 1.04. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $555.45. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. The business’s fifty day moving average is $511.42 and its 200-day moving average is $457.02.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.35 by $0.30. The company had revenue of $76.44 billion for the quarter, compared to analyst estimates of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.Microsoft’s quarterly revenue was up 18.1% on a year-over-year basis. During the same period in the prior year, the firm posted $2.95 EPS. Microsoft has set its Q1 2026 guidance at EPS. Sell-side analysts expect that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.91 per share. This is an increase from Microsoft’s previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $3.64 annualized dividend and a dividend yield of 0.7%. Microsoft’s payout ratio is currently 24.34%.

Insider Buying and Selling at Microsoft

In related news, EVP Takeshi Numoto sold 4,850 shares of the company’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total transaction of $2,557,502.00. Following the completion of the sale, the executive vice president directly owned 39,111 shares in the company, valued at $20,624,012.52. This represents a 11.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Satya Nadella sold 149,205 shares of the company’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $504.78, for a total value of $75,315,699.90. Following the sale, the chief executive officer owned 790,852 shares of the company’s stock, valued at approximately $399,206,272.56. This represents a 15.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on MSFT shares. TD Cowen upped their price objective on Microsoft from $580.00 to $640.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Sanford C. Bernstein upped their price objective on Microsoft from $540.00 to $637.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Wells Fargo & Company reiterated an “overweight” rating and set a $650.00 price objective (up previously from $600.00) on shares of Microsoft in a research note on Thursday, July 31st. Royal Bank Of Canada upped their price objective on Microsoft from $525.00 to $640.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Finally, UBS Group reissued a “buy” rating and set a $650.00 target price (up from $600.00) on shares of Microsoft in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and a consensus target price of $612.54.

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.