Microsoft Co. (NASDAQ:MSFT) Shares Bought by Emerald Advisors LLC

Emerald Advisors LLC grew its position in Microsoft Co. (NASDAQ:MSFT) by 0.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,685 shares of the software giant’s stock after buying an additional 57 shares during the quarter. Microsoft makes up approximately 0.8% of Emerald Advisors LLC’s portfolio, making the stock its 8th largest position. Emerald Advisors LLC’s holdings in Microsoft were worth $4,394,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Hibernia Wealth Partners LLC purchased a new position in Microsoft during the 3rd quarter worth approximately $69,000. Iron Horse Wealth Management LLC boosted its position in shares of Microsoft by 89.0% in the third quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after buying an additional 105 shares during the period. Authentikos Wealth Advisory LLC purchased a new position in shares of Microsoft during the third quarter valued at $87,000. Family CFO Inc raised its position in Microsoft by 13.6% during the third quarter. Family CFO Inc now owns 359 shares of the software giant’s stock valued at $113,000 after buying an additional 43 shares during the period. Finally, Cordant Inc. lifted its stake in Microsoft by 647.8% in the 4th quarter. Cordant Inc. now owns 344 shares of the software giant’s stock worth $129,000 after acquiring an additional 298 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Microsoft

In other news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the completion of the sale, the executive vice president now owns 159,764 shares in the company, valued at $64,538,265.44. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, EVP Kathleen T. Hogan sold 21,955 shares of the business’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the completion of the sale, the executive vice president now owns 159,764 shares in the company, valued at $64,538,265.44. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the business’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total value of $1,950,000.00. Following the sale, the insider now owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The disclosure for this sale can be found here. Insiders sold a total of 1,070,258 shares of company stock worth $30,690,456 over the last 90 days. 0.03% of the stock is owned by insiders.

Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $399.04 on Friday. The company has a market cap of $2.97 trillion, a P/E ratio of 36.08, a P/E/G ratio of 2.20 and a beta of 0.89. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.19. Microsoft Co. has a 12 month low of $292.73 and a 12 month high of $430.82. The business’s 50 day moving average is $414.44 and its two-hundred day moving average is $387.17.

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

Microsoft Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on MSFT shares. Macquarie lifted their target price on Microsoft from $430.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, January 31st. KeyCorp initiated coverage on shares of Microsoft in a research note on Thursday, March 21st. They issued an “overweight” rating and a $490.00 price objective on the stock. BMO Capital Markets increased their target price on shares of Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a research report on Friday, April 12th. Royal Bank of Canada boosted their price target on shares of Microsoft from $415.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, January 31st. Finally, Truist Financial reiterated a “buy” rating and set a $600.00 price objective on shares of Microsoft in a report on Monday, March 25th. Four analysts have rated the stock with a hold rating and thirty-five have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $434.05.

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.