11,716 Shares in Microsoft Co. (NASDAQ:MSFT) Bought by Vivid Wealth Management LLC

Vivid Wealth Management LLC bought a new stake in Microsoft Co. (NASDAQ:MSFT) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 11,716 shares of the software giant’s stock, valued at approximately $4,406,000. Microsoft comprises approximately 3.0% of Vivid Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position.

Other hedge funds have also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new position in shares of Microsoft in the 4th quarter valued at about $9,625,201,000. FMR LLC boosted its holdings in shares of Microsoft by 2.7% during the 3rd quarter. FMR LLC now owns 215,874,152 shares of the software giant’s stock worth $68,162,263,000 after buying an additional 5,762,902 shares in the last quarter. Barclays PLC grew its position in shares of Microsoft by 9.3% during the 3rd quarter. Barclays PLC now owns 28,987,007 shares of the software giant’s stock worth $9,152,647,000 after buying an additional 2,456,190 shares during the period. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Microsoft in the 4th quarter valued at $679,928,000. Finally, California Public Employees Retirement System lifted its position in shares of Microsoft by 9.2% during the 3rd quarter. California Public Employees Retirement System now owns 21,375,375 shares of the software giant’s stock valued at $6,749,275,000 after acquiring an additional 1,796,956 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, major shareholder Corp Microsoft sold 1,000,000 shares of the company’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the sale, the insider now directly owns 11,677,398 shares in the company, valued at $22,770,926.10. The sale was disclosed in a document filed with the SEC, which is available at this link. In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of the firm’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total value of $1,950,000.00. Following the completion of the transaction, the insider now directly owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of the company’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 transaction, the executive vice president now directly owns 159,764 shares in the company, valued at approximately $64,538,265.44. The disclosure for this sale can be found here. 0.03% of the stock is owned by corporate insiders.

Microsoft Stock Performance

Shares of MSFT opened at $406.66 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.24 and a quick ratio of 1.23. The firm has a market cap of $3.02 trillion, a PE ratio of 35.21, a PEG ratio of 2.15 and a beta of 0.89. Microsoft Co. has a 1 year low of $303.40 and a 1 year high of $430.82. The stock’s fifty day moving average price is $413.68 and its two-hundred day moving average price is $390.88.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, topping the consensus estimate of $2.81 by $0.13. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The company had revenue of $61.86 billion during the quarter, compared to the consensus estimate of $60.86 billion. During the same period last year, the firm earned $2.45 EPS. Microsoft’s revenue for the quarter was up 17.0% on a year-over-year basis. On average, equities research analysts forecast that Microsoft Co. will post 11.76 EPS for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be issued a dividend of $0.75 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a yield of 0.74%. Microsoft’s dividend payout ratio (DPR) is 25.97%.

Analyst Ratings Changes

Several equities research analysts have weighed in on MSFT shares. The Goldman Sachs Group lifted their price target on shares of Microsoft from $450.00 to $515.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Evercore ISI boosted their target price on Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Truist Financial reiterated a “buy” rating and issued a $600.00 price target on shares of Microsoft in a report on Monday, March 25th. StockNews.com downgraded Microsoft from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. Finally, DA Davidson reiterated a “buy” rating and issued a $500.00 target price on shares of Microsoft in a report on Friday, March 15th. Three equities research analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company’s stock. According to data from MarketBeat, Microsoft has an average rating of “Moderate Buy” and an average price target of $452.61.

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.