Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Davidson Trust Co.

Davidson Trust Co. raised its position in Microsoft Co. (NASDAQ:MSFTFree Report) by 2.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,087 shares of the software giant’s stock after acquiring an additional 730 shares during the quarter. Microsoft makes up about 8.5% of Davidson Trust Co.’s investment portfolio, making the stock its largest holding. Davidson Trust Co.’s holdings in Microsoft were worth $13,194,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Friedenthal Financial acquired a new stake in shares of Microsoft during the 4th quarter worth about $45,000. PayPay Securities Corp increased its position in Microsoft by 23.7% during the fourth quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock worth $71,000 after acquiring an additional 36 shares during the period. Authentikos Wealth Advisory LLC bought a new position in Microsoft during the third quarter worth about $87,000. Family CFO Inc increased its position in Microsoft by 13.6% during the third quarter. Family CFO Inc now owns 359 shares of the software giant’s stock worth $113,000 after acquiring an additional 43 shares during the period. Finally, Cordant Inc. increased its position in Microsoft by 647.8% during the fourth quarter. Cordant Inc. now owns 344 shares of the software giant’s stock worth $129,000 after acquiring an additional 298 shares during the period. Institutional investors and hedge funds own 71.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MSFT. Stifel Nicolaus reaffirmed a “buy” rating and set a $455.00 price target on shares of Microsoft in a research report on Monday, April 22nd. Raymond James reissued an “outperform” rating and issued a $480.00 target price (up from $450.00) on shares of Microsoft in a report on Friday, April 26th. The Goldman Sachs Group raised their target price on shares of Microsoft from $450.00 to $515.00 and gave the company a “buy” rating in a report on Friday, April 26th. Wedbush reissued an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a report on Friday, April 26th. Finally, Morgan Stanley raised their target price on shares of Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Three equities research analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $454.70.

Get Our Latest Research Report on MSFT

Microsoft Stock Down 0.2 %

Shares of NASDAQ MSFT opened at $420.21 on Friday. The company has a market capitalization of $3.12 trillion, a P/E ratio of 36.38, a price-to-earnings-growth ratio of 2.22 and a beta of 0.89. Microsoft Co. has a 52-week low of $309.45 and a 52-week high of $430.82. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24. The company’s 50 day moving average price is $415.05 and its 200-day moving average price is $396.29.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. The firm had revenue of $61.86 billion for the quarter, compared to the consensus estimate of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The company’s revenue for the quarter was up 17.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.45 EPS. Equities analysts forecast that Microsoft Co. will post 11.77 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be given a dividend of $0.75 per share. The ex-dividend date is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.71%. Microsoft’s payout ratio is presently 25.97%.

Insider Activity at Microsoft

In related news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the transaction, the executive vice president now owns 159,764 shares in the company, valued at approximately $64,538,265.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the transaction, the executive vice president now owns 159,764 shares in the company, valued at approximately $64,538,265.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the transaction, the insider now owns 11,677,398 shares in the company, valued at approximately $22,770,926.10. The disclosure for this sale can be found here. 0.03% of the stock is owned by corporate insiders.

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.

Featured Articles

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.