Microsoft Co. (NASDAQ:MSFT) Shares Sold by Orion Capital Management LLC

Orion Capital Management LLC lessened its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 2.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 11,676 shares of the software giant’s stock after selling 264 shares during the period. Microsoft comprises approximately 2.4% of Orion Capital Management LLC’s holdings, making the stock its 8th biggest position. Orion Capital Management LLC’s holdings in Microsoft were worth $5,024,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the business. FRG Family Wealth Advisors LLC boosted its position 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 acquiring an additional 1,610 shares during the last quarter. JDM Financial Group LLC lifted its stake in Microsoft by 12.0% in the 3rd quarter. JDM Financial Group LLC now owns 784 shares of the software giant’s stock worth $337,000 after purchasing an additional 84 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Microsoft by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant’s stock worth $70,790,682,000 after purchasing an additional 3,264,648 shares during the last quarter. Goodman Advisory Group LLC grew its position in shares of Microsoft by 1.3% in the third quarter. Goodman Advisory Group LLC now owns 28,760 shares of the software giant’s stock valued at $12,376,000 after purchasing an additional 369 shares in the last quarter. Finally, Greenwood Gearhart Inc. grew its position in shares of Microsoft by 8.0% in the third quarter. Greenwood Gearhart Inc. now owns 102,695 shares of the software giant’s stock valued at $44,189,000 after purchasing an additional 7,601 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on MSFT shares. Morgan Stanley lowered their price objective on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research note on Thursday, January 30th. StockNews.com raised shares of Microsoft from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. cut their price objective on shares of Microsoft from $470.00 to $465.00 and set an “overweight” rating for the company in a research report on Thursday, October 31st. Sanford C. Bernstein decreased their target price on shares of Microsoft from $501.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, October 25th. Finally, Stifel Nicolaus raised their price target on shares of Microsoft from $475.00 to $515.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Three investment analysts have rated the stock with a hold rating and twenty-seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $510.96.

Insider Buying and Selling

In other news, EVP Judson Althoff sold 25,000 shares of the firm’s stock in a transaction on 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 directly owns 117,294 shares in the company, valued at approximately $48,911,598. This trade represents a 17.57 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Takeshi Numoto sold 2,500 shares of the business’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the transaction, the chief marketing officer now owns 49,352 shares of the company’s stock, valued at approximately $22,080,578.32. The trade was a 4.82 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 34,000 shares of company stock worth $14,333,540 over the last 90 days. 0.03% of the stock is owned by insiders.

Microsoft Stock Performance

NASDAQ:MSFT opened at $411.44 on Wednesday. Microsoft Co. has a 52 week low of $385.58 and a 52 week high of $468.35. The company has a fifty day simple moving average of $431.07 and a two-hundred day simple moving average of $423.29. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a market cap of $3.06 trillion, a price-to-earnings ratio of 33.13, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping the consensus estimate 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 quarter in the previous year, the business posted $2.93 earnings per share. As a group, equities analysts anticipate that Microsoft Co. will post 13.07 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

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