Microsoft Corporation $MSFT Stock Position Increased by Legacy Capital Group California Inc.

Legacy Capital Group California Inc. increased its position in shares of Microsoft Corporation (NASDAQ:MSFT) by 16.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,526 shares of the software giant’s stock after buying an additional 1,660 shares during the quarter. Microsoft comprises approximately 1.6% of Legacy Capital Group California Inc.’s portfolio, making the stock its 6th largest position. Legacy Capital Group California Inc.’s holdings in Microsoft were worth $5,733,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Bulwark Capital Corp purchased a new stake in Microsoft in the second quarter valued at approximately $32,000. Westend Capital Management LLC raised its position in Microsoft by 386.7% in the second quarter. Westend Capital Management LLC now owns 73 shares of the software giant’s stock valued at $36,000 after purchasing an additional 58 shares during the period. Ball & Co Wealth Management Inc. acquired a new position in shares of Microsoft in the fourth quarter worth $31,000. Newton One Investments LLC grew its stake in shares of 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 acquiring an additional 30 shares in the last quarter. Finally, LSV Asset Management acquired a new position in shares of Microsoft in the fourth quarter worth $44,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Activity

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

Analyst Ratings Changes

Several research firms have commented on MSFT. Jefferies Financial Group boosted their price target on shares of Microsoft from $600.00 to $675.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. BMO Capital Markets boosted their price target on shares of Microsoft from $550.00 to $650.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. UBS Group restated a “buy” rating and issued a $650.00 price target (up previously from $600.00) on shares of Microsoft in a research note on Thursday, July 31st. Cantor Fitzgerald lifted their price objective on shares of Microsoft from $581.00 to $639.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Finally, Raymond James Financial increased 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. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and a consensus price target of $617.63.

Microsoft Stock Up 0.3%

MSFT stock opened at $517.35 on Friday. The company has a market cap of $3.85 trillion, a price-to-earnings ratio of 37.93, a price-to-earnings-growth ratio of 2.25 and a beta of 1.03. The company has a fifty day moving average price of $512.83 and a 200 day moving average price of $466.63. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35. Microsoft Corporation has a 12 month low of $344.79 and a 12 month high of $555.45.

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

Microsoft Increases Dividend

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

Microsoft Company 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.