AlphaMark Advisors LLC Boosts Holdings in Microsoft Co. (NASDAQ:MSFT)

AlphaMark Advisors LLC grew its position in shares of Microsoft Co. (NASDAQ:MSFT) by 5.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,067 shares of the software giant’s stock after purchasing an additional 56 shares during the period. AlphaMark Advisors LLC’s holdings in Microsoft were worth $401,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Monumental Financial Group Inc. purchased a new stake in shares of Microsoft during the 1st quarter valued at $28,000. Atlantic Private Wealth LLC increased its stake in Microsoft by 534.5% in the second quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock valued at $63,000 after acquiring an additional 155 shares during the last quarter. Infrastructure Capital Advisors LLC purchased a new stake in Microsoft during the second quarter valued at about $601,000. Hibernia Wealth Partners LLC bought a new stake in Microsoft during the third quarter worth about $69,000. Finally, Iron Horse Wealth Management LLC boosted its holdings in shares of Microsoft by 89.0% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after purchasing an additional 105 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Royal Bank of Canada boosted their target price on Microsoft from $415.00 to $450.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 31st. Wedbush restated an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a report on Wednesday, April 10th. KeyCorp initiated coverage on shares of Microsoft in a report on Thursday, March 21st. They set an “overweight” rating and a $490.00 target price on the stock. DA Davidson reissued a “buy” rating and issued a $500.00 price target on shares of Microsoft in a research note on Friday, March 15th. Finally, BMO Capital Markets raised their price objective on Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a research note on Friday. Four analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $430.52.

Insider Buying and Selling at Microsoft

In other news, insider Bradford L. Smith sold 45,000 shares of Microsoft stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $411.78, for a total value of $18,530,100.00. Following the completion of the sale, the insider now directly owns 574,129 shares in the company, valued at $236,414,839.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Bradford L. Smith sold 3,303 shares of the firm’s stock in a transaction on Monday, February 5th. The stock was sold at an average price of $406.12, for a total value of $1,341,414.36. Following the transaction, the insider now directly owns 570,826 shares in the company, valued at approximately $231,823,855.12. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Bradford L. Smith sold 45,000 shares of the company’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $411.78, for a total value of $18,530,100.00. Following the sale, the insider now owns 574,129 shares of the company’s stock, valued at approximately $236,414,839.62. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,070,258 shares of company stock worth $30,690,456. Company insiders own 0.03% of the company’s stock.

Microsoft Stock Down 2.0 %

NASDAQ:MSFT opened at $413.64 on Tuesday. The firm has a 50-day simple moving average of $415.35 and a two-hundred day simple moving average of $383.26. The firm has a market cap of $3.07 trillion, a P/E ratio of 37.40, a P/E/G ratio of 2.25 and a beta of 0.89. Microsoft Co. has a fifty-two week low of $275.37 and a fifty-two week high of $430.82. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.22.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Tuesday, January 30th. The software giant reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.17. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The company had revenue of $62.02 billion during the quarter, compared to analyst estimates of $61.14 billion. During the same period in the previous year, the business earned $2.32 EPS. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. Analysts predict that Microsoft Co. will post 11.61 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Thursday, May 16th will be given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio (DPR) is 27.12%.

Microsoft 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.