Microsoft Co. (NASDAQ:MSFT) Shares Bought by Unconventional Investor LLC

Unconventional Investor LLC grew its stake in Microsoft Co. (NASDAQ:MSFT) by 14.4% during the third quarter, HoldingsChannel reports. The firm owned 604 shares of the software giant’s stock after purchasing an additional 76 shares during the quarter. Unconventional Investor LLC’s holdings in Microsoft were worth $260,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Coldstream Capital Management Inc. grew its position in Microsoft by 3.0% in the 3rd quarter. Coldstream Capital Management Inc. now owns 876,472 shares of the software giant’s stock valued at $377,057,000 after buying an additional 25,748 shares during the last quarter. Strait & Sound Wealth Management LLC lifted its stake in shares of Microsoft by 0.7% in the 3rd quarter. Strait & Sound Wealth Management LLC now owns 32,394 shares of the software giant’s stock worth $13,939,000 after acquiring an additional 226 shares during the period. Synergy Financial Group LTD boosted its holdings in shares of Microsoft by 23.0% in the third quarter. Synergy Financial Group LTD now owns 22,005 shares of the software giant’s stock valued at $9,469,000 after acquiring an additional 4,119 shares in the last quarter. RB Capital Management LLC increased its stake in shares of Microsoft by 0.6% during the third quarter. RB Capital Management LLC now owns 25,346 shares of the software giant’s stock worth $10,906,000 after acquiring an additional 145 shares during the period. Finally, FRG Family Wealth Advisors LLC raised its holdings in Microsoft by 1.1% during the third quarter. FRG Family Wealth Advisors LLC now owns 154,644 shares of the software giant’s stock worth $66,628,000 after purchasing an additional 1,610 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on MSFT shares. Sanford C. Bernstein dropped their target price on Microsoft from $501.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. StockNews.com raised Microsoft from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. Morgan Stanley reduced their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a report on Thursday, January 30th. TD Cowen lowered their price target on shares of Microsoft from $495.00 to $475.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Finally, Wells Fargo & Company reiterated a “buy” rating on shares of Microsoft in a research note on Friday, October 18th. Three investment analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $510.96.

Insider Buying and Selling

In other news, CMO Takeshi Numoto sold 1,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $414.72, for a total value of $414,720.00. Following the completion of the sale, the chief marketing officer now owns 57,511 shares of the company’s stock, valued at $23,850,961.92. This represents a 1.71 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Judson Althoff sold 25,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $417.00, for a total value of $10,425,000.00. Following the sale, the executive vice president now owns 117,294 shares in the company, valued at approximately $48,911,598. The trade was a 17.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 34,000 shares of company stock valued at $14,333,540. Insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT opened at $411.44 on Wednesday. Microsoft Co. has a 1 year low of $385.58 and a 1 year high of $468.35. The company’s 50 day simple moving average is $431.07 and its 200 day simple moving average is $423.29. The company has a market capitalization of $3.06 trillion, a price-to-earnings ratio of 33.13, a PEG ratio of 2.21 and a beta of 0.90. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period in the prior year, the company earned $2.93 earnings per share. On average, sell-side analysts predict that Microsoft Co. will post 13.07 EPS for the current year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be given a $0.83 dividend. The ex-dividend date is Thursday, February 20th. This represents a $3.32 annualized dividend and a dividend yield of 0.81%. Microsoft’s dividend payout ratio is presently 26.73%.

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.