Microsoft Corporation $MSFT is First National Bank & Trust Co. of Newtown’s 8th Largest Position

First National Bank & Trust Co. of Newtown cut its holdings in Microsoft Corporation (NASDAQ:MSFT) by 25.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,926 shares of the software giant’s stock after selling 9,278 shares during the period. Microsoft accounts for 2.1% of First National Bank & Trust Co. of Newtown’s investment portfolio, making the stock its 8th biggest position. First National Bank & Trust Co. of Newtown’s holdings in Microsoft were worth $9,967,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Taylor Securities Services Inc. purchased a new stake in Microsoft during the 4th quarter worth approximately $2,616,000. Werba Rubin Papier Wealth Management raised its holdings in shares of Microsoft by 15.7% in the fourth quarter. Werba Rubin Papier Wealth Management now owns 12,492 shares of the software giant’s stock worth $6,041,000 after buying an additional 1,698 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Microsoft by 2,332.1% during the fourth quarter. SG Americas Securities LLC now owns 6,746,017 shares of the software giant’s stock worth $3,262,509,000 after buying an additional 6,468,645 shares during the period. World Investment Advisors lifted its stake in shares of Microsoft by 22.1% during the fourth quarter. World Investment Advisors now owns 272,424 shares of the software giant’s stock worth $131,750,000 after buying an additional 49,371 shares during the period. Finally, Overbrook Management Corp grew its holdings in shares of Microsoft by 2.8% during the fourth quarter. Overbrook Management Corp now owns 87,535 shares of the software giant’s stock valued at $42,334,000 after buying an additional 2,384 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Microsoft

In related news, CEO Judson Althoff sold 15,500 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $460.99, for a total value of $7,145,345.00. Following the completion of the transaction, the chief executive officer owned 110,477 shares of the company’s stock, valued at approximately $50,928,792.23. This represents a 12.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Amy Coleman sold 1,262 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $411.34, for a total value of $519,111.08. Following the transaction, the executive vice president owned 46,003 shares in the company, valued at $18,922,874.02. This represents a 2.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 23,762 shares of company stock valued at $10,508,361 in the last ninety days. 0.03% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Wolfe Research lowered their price target on Microsoft from $570.00 to $525.00 and set an “outperform” rating for the company in a research report on Monday, July 6th. Argus cut their price objective on Microsoft from $620.00 to $510.00 and set a “buy” rating on the stock in a report on Friday, July 10th. The Goldman Sachs Group restated a “buy” rating on shares of Microsoft in a research note on Thursday, April 30th. DA Davidson reaffirmed a “buy” rating and set a $550.00 target price on shares of Microsoft in a report on Monday, July 6th. Finally, Arete Research upped their target price on Microsoft from $730.00 to $870.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Forty-two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $555.40.

Microsoft Stock Down 2.2%

Shares of MSFT stock opened at $381.58 on Friday. Microsoft Corporation has a twelve month low of $349.20 and a twelve month high of $555.45. The stock has a market cap of $2.83 trillion, a P/E ratio of 22.71, a P/E/G ratio of 1.20 and a beta of 1.13. The stock has a 50 day moving average of $399.01 and a 200 day moving average of $408.26. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of 0.08.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, April 29th. The software giant reported $4.27 EPS for the quarter, topping analysts’ consensus estimates of $4.06 by $0.21. Microsoft had a net margin of 39.34% and a return on equity of 31.94%. The business had revenue of $82.89 billion for the quarter, compared to analysts’ expectations of $81.44 billion. During the same quarter last year, the company earned $3.46 EPS. The business’s revenue was up 18.3% on a year-over-year basis. As a group, sell-side analysts expect that Microsoft Corporation will post 16.7 EPS for the current year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be given a $0.91 dividend. The ex-dividend date is Thursday, August 20th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 1.0%. Microsoft’s dividend payout ratio is 21.67%.

Key Headlines Impacting Microsoft

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Microsoft expanded its partnership with Databricks through the 2030s, deepening integrations across Azure, Microsoft 365, Teams and Copilot and reinforcing its cloud and AI ecosystem. Microsoft (MSFT) Expands Partnership with AI Firm Databricks
• Positive Sentiment: Microsoft also deepened ties with AI startup Mistral, adding another strategic AI partner and broadening its footprint in regulated industries and Europe. Microsoft and Mistral expand strategic partnership
• Positive Sentiment: Microsoft committed $60 million and Azure compute credits to the U.S. Department of Energy’s “Genesis Mission,” highlighting ongoing investment in AI-for-science initiatives and government relationships. Microsoft commits $60M to ‘Genesis Mission’
• Positive Sentiment: Analyst commentary remained constructive, with Truist reiterating a buy rating and a $575 price target, suggesting substantial upside if earnings and AI demand remain solid. Analyst note on Microsoft

Microsoft Company Profile

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).