FORA Capital LLC Has $8.24 Million Position in Microsoft Corporation $MSFT

FORA Capital LLC decreased its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 63.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,567 shares of the software giant’s stock after selling 29,376 shares during the quarter. Microsoft makes up 0.9% of FORA Capital LLC’s holdings, making the stock its 21st biggest position. FORA Capital LLC’s holdings in Microsoft were worth $8,241,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sound View Wealth Advisors Group LLC raised its stake in shares of Microsoft by 2.6% in the second quarter. Sound View Wealth Advisors Group LLC now owns 94,120 shares of the software giant’s stock worth $46,816,000 after buying an additional 2,373 shares during the period. Real Talk Capital LLC raised its stake in Microsoft by 1.6% during the 1st quarter. Real Talk Capital LLC now owns 2,290 shares of the software giant’s stock worth $860,000 after acquiring an additional 37 shares during the period. Bank Pictet & Cie Europe AG lifted its holdings in Microsoft by 3.8% during the second quarter. Bank Pictet & Cie Europe AG now owns 922,524 shares of the software giant’s stock valued at $457,119,000 after purchasing an additional 33,382 shares in the last quarter. Modern Wealth Management LLC boosted its position in shares of Microsoft by 39.3% in the first quarter. Modern Wealth Management LLC now owns 144,852 shares of the software giant’s stock worth $54,376,000 after purchasing an additional 40,860 shares during the period. Finally, Well Done LLC increased its stake in shares of Microsoft by 8.9% in the second quarter. Well Done LLC now owns 9,911 shares of the software giant’s stock worth $4,930,000 after purchasing an additional 814 shares in the last quarter. 71.13% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on MSFT. Wolfe Research set a $675.00 target price on shares of Microsoft and gave the company an “outperform” rating in a research note on Tuesday, October 28th. DA Davidson restated a “buy” rating and issued a $650.00 price objective on shares of Microsoft in a research report on Thursday, December 4th. Cantor Fitzgerald set a $639.00 target price on Microsoft in a research report on Thursday, October 30th. KeyCorp reissued an “overweight” rating on shares of Microsoft in a research note on Thursday, October 30th. Finally, BNP Paribas Exane increased their price objective on shares of Microsoft from $630.00 to $632.00 and gave the company an “outperform” rating in a report on Monday, November 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $632.34.

Insider Activity

In related news, CEO Judson Althoff sold 12,750 shares of the stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $491.52, for a total transaction of $6,266,880.00. Following the sale, the chief executive officer owned 129,349 shares in the company, valued at approximately $63,577,620.48. This represents a 8.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Takeshi Numoto sold 2,850 shares of Microsoft stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $478.72, for a total transaction of $1,364,352.00. Following the transaction, the executive vice president directly owned 55,782 shares of the company’s stock, valued at $26,703,959.04. The trade was a 4.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 54,100 shares of company stock valued at $27,598,872. 0.03% of the stock is currently owned by insiders.

Microsoft Stock Down 1.0%

NASDAQ MSFT opened at $478.53 on Friday. The stock has a 50 day moving average price of $504.05 and a 200-day moving average price of $502.34. 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 0.10, a quick ratio of 1.39 and a current ratio of 1.40. The company has a market capitalization of $3.56 trillion, a P/E ratio of 34.03, a P/E/G ratio of 1.79 and a beta of 1.07.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, October 29th. The software giant reported $4.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.65 by $0.48. The company had revenue of $77.67 billion for the quarter, compared to the consensus estimate of $75.49 billion. Microsoft had a net margin of 35.71% and a return on equity of 32.45%. Microsoft’s revenue was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.30 earnings per share. As a group, equities analysts predict that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, February 19th will be issued a $0.91 dividend. The ex-dividend date is Thursday, February 19th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.8%. Microsoft’s payout ratio is 25.89%.

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.