New Insight Wealth Advisors Has $3.32 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

New Insight Wealth Advisors raised its position in Microsoft Co. (NASDAQ:MSFT) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,883 shares of the software giant’s stock after purchasing an additional 314 shares during the quarter. Microsoft makes up approximately 1.7% of New Insight Wealth Advisors’ holdings, making the stock its 17th biggest position. New Insight Wealth Advisors’ holdings in Microsoft were worth $3,323,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Muirfield Wealth Advisors LLC grew its stake in Microsoft by 0.5% in the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock valued at $1,866,000 after buying an additional 24 shares during the last quarter. Retirement Financial Solutions LLC lifted its stake in Microsoft by 2.3% during the fourth quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant’s stock worth $443,000 after purchasing an additional 24 shares during the last quarter. Boulder Wealth Advisors LLC raised its stake in Microsoft by 1.0% during the third quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant’s stock worth $1,106,000 after acquiring an additional 25 shares in the last quarter. Sterling Group Wealth Management LLC boosted its position in Microsoft by 0.5% in the fourth quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant’s stock valued at $2,335,000 after buying an additional 25 shares in the last quarter. Finally, Kuhn & Co Investment Counsel raised its position in Microsoft by 0.8% in the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant’s stock valued at $1,385,000 after purchasing an additional 25 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Microsoft news, insider Bradford L. Smith sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the completion of the transaction, the insider now directly owns 471,036 shares of the company’s stock, valued at approximately $204,038,664.12. This trade represents a 1.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.03% of the stock is owned by insiders.

Microsoft Price Performance

Shares of MSFT stock opened at $453.13 on Friday. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35. The company has a market capitalization of $3.37 trillion, a P/E ratio of 36.48, a P/E/G ratio of 2.21 and a beta of 0.99. The company’s 50-day simple moving average is $393.86 and its two-hundred day simple moving average is $412.42. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping analysts’ consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter in the previous year, the firm posted $2.94 earnings per share. Microsoft’s revenue for the quarter was up 13.3% compared to the same quarter last year. As a group, equities analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 25.66%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on MSFT shares. Tigress Financial lifted their price objective on Microsoft from $550.00 to $595.00 and gave the stock a “buy” rating in a research note on Thursday, March 20th. StockNews.com upgraded Microsoft from a “hold” rating to a “buy” rating in a research note on Monday, May 5th. Mizuho increased their price target on Microsoft from $475.00 to $500.00 and gave the company an “outperform” rating in a research report on Thursday, May 1st. Stifel Nicolaus lifted their price target on shares of Microsoft from $475.00 to $500.00 and gave the stock a “buy” rating in a report on Thursday, May 1st. Finally, KeyCorp reissued a “sector weight” rating on shares of Microsoft in a research report on Thursday, April 17th. Five equities research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $509.16.

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.