Christensen King & Associates Investment Services Inc. Purchases 53 Shares of Microsoft Corporation $MSFT

Christensen King & Associates Investment Services Inc. boosted its position in Microsoft Corporation (NASDAQ:MSFTFree Report) by 1.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,981 shares of the software giant’s stock after purchasing an additional 53 shares during the quarter. Microsoft makes up approximately 0.7% of Christensen King & Associates Investment Services Inc.’s investment portfolio, making the stock its 29th largest holding. Christensen King & Associates Investment Services Inc.’s holdings in Microsoft were worth $1,483,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. PMV Capital Advisers LLC grew its stake in shares of Microsoft by 5.9% during the second quarter. PMV Capital Advisers LLC now owns 359 shares of the software giant’s stock worth $178,000 after acquiring an additional 20 shares during the last quarter. Seek First Inc. grew its stake in shares of Microsoft by 1.5% during the second quarter. Seek First Inc. now owns 1,358 shares of the software giant’s stock worth $675,000 after acquiring an additional 20 shares during the last quarter. Guided Capital Wealth Management LLC grew its stake in shares of Microsoft by 0.4% during the second quarter. Guided Capital Wealth Management LLC now owns 5,405 shares of the software giant’s stock worth $2,688,000 after acquiring an additional 21 shares during the last quarter. Fosun International Ltd grew its stake in shares of Microsoft by 0.3% during the first quarter. Fosun International Ltd now owns 6,633 shares of the software giant’s stock worth $2,490,000 after acquiring an additional 23 shares during the last quarter. Finally, Birchbrook Inc. grew its stake in shares of Microsoft by 0.4% during the first quarter. Birchbrook Inc. now owns 6,326 shares of the software giant’s stock worth $2,375,000 after acquiring an additional 23 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Microsoft news, CEO Satya Nadella sold 149,205 shares of the firm’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 completion of the sale, the chief executive officer directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Takeshi Numoto sold 4,850 shares of the firm’s stock in a transaction 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 directly owned 39,111 shares of the company’s stock, valued at $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. 0.03% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on MSFT. Melius Research boosted their price target on Microsoft from $595.00 to $625.00 in a research note on Thursday, September 25th. Wall Street Zen upgraded Microsoft from a “hold” rating to a “buy” rating in a research report on Friday. BMO Capital Markets upped their target price on Microsoft from $550.00 to $650.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. KeyCorp upgraded Microsoft from a “sector weight” rating to an “overweight” rating and set a $630.00 target price on the stock in a research report on Thursday, July 31st. Finally, Arete upped their target price on Microsoft from $700.00 to $710.00 and gave the company a “buy” rating in a research report on Wednesday. One 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $617.63.

Get Our Latest Stock Analysis on Microsoft

Microsoft Stock Up 0.3%

NASDAQ MSFT opened at $517.35 on Friday. The business has a fifty day moving average price of $512.83 and a 200 day moving average price of $467.17. Microsoft Corporation has a one year low of $344.79 and a one year 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 company has a market cap of $3.85 trillion, a P/E ratio of 37.93, a P/E/G ratio of 2.25 and a beta of 1.03.

Microsoft (NASDAQ:MSFTGet Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The software giant reported $3.65 EPS for the quarter, beating 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 firm had revenue of $76.44 billion during the quarter, compared to the consensus estimate of $73.79 billion. During the same period in the prior year, the company earned $2.95 EPS. The firm’s revenue was up 18.1% compared to the same quarter last year. Microsoft has set its Q1 2026 guidance at EPS. Research analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Increases Dividend

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

About Microsoft

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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