David J Yvars Group Buys 36 Shares of Microsoft Corporation (NASDAQ:MSFT)

David J Yvars Group raised its stake in Microsoft Corporation (NASDAQ:MSFT) by 0.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,372 shares of the software giant’s stock after buying an additional 36 shares during the quarter. Microsoft accounts for about 7.2% of David J Yvars Group’s portfolio, making the stock its 4th largest position. David J Yvars Group’s holdings in Microsoft were worth $9,149,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in MSFT. WFA Asset Management Corp grew its holdings in shares of Microsoft by 27.0% during the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant’s stock worth $427,000 after buying an additional 216 shares in the last quarter. Ironwood Wealth Management LLC. grew its holdings in shares of Microsoft by 0.3% during the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant’s stock worth $5,658,000 after buying an additional 38 shares in the last quarter. Discipline Wealth Solutions LLC grew its holdings in shares of Microsoft by 410.4% during the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant’s stock worth $1,144,000 after buying an additional 2,138 shares in the last quarter. Wealth Group Ltd. grew its holdings in shares of Microsoft by 1.2% during the fourth quarter. Wealth Group Ltd. now owns 2,374 shares of the software giant’s stock worth $1,000,000 after buying an additional 28 shares in the last quarter. Finally, Tallon Kerry Patrick bought a new position in shares of Microsoft during the fourth quarter worth about $1,375,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Activity

In related news, insider Bradford L. Smith sold 6,000 shares of the company’s stock in a transaction on Monday, May 5th. The shares were sold at an average price of $433.17, for a total value of $2,599,020.00. Following the completion of the transaction, the insider owned 471,036 shares of the company’s stock, valued at approximately $204,038,664.12. This represents a 1.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Takeshi Numoto sold 3,000 shares of the company’s stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total transaction of $1,389,000.00. Following the completion of the transaction, the executive vice president directly owned 43,930 shares of the company’s stock, valued at $20,339,590. This represents a 6.39% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 135,743 shares of company stock worth $60,224,683. Company insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on MSFT. Guggenheim restated a “neutral” rating on shares of Microsoft in a research note on Thursday, May 1st. Needham & Company LLC restated a “buy” rating on shares of Microsoft in a research note on Thursday, May 1st. Scotiabank raised their price target on Microsoft from $470.00 to $500.00 and gave the company a “sector outperform” rating in a research note on Thursday, May 1st. Cantor Fitzgerald restated an “overweight” rating and issued a $581.00 price target (up from $512.00) on shares of Microsoft in a research note on Wednesday. Finally, KeyCorp restated a “sector weight” rating on shares of Microsoft in a research note on Thursday, April 17th. Four equities research analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $541.79.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $510.05 on Friday. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $514.64. The firm has a market cap of $3.79 trillion, a P/E ratio of 39.42, a PEG ratio of 2.33 and a beta of 1.04. The company has a 50 day moving average of $477.78 and a 200 day moving average of $428.49. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $3.22 by $0.24. The business had revenue of $70.07 billion during the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The company’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the business earned $2.94 EPS. As a group, research analysts expect that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date is Thursday, August 21st. Microsoft’s payout ratio is 25.66%.

About Microsoft

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.