Generali Investments Management Co LLC Sells 1,965 Shares of Microsoft Corporation $MSFT

Generali Investments Management Co LLC lessened its stake in Microsoft Corporation (NASDAQ:MSFT) by 3.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,787 shares of the software giant’s stock after selling 1,965 shares during the quarter. Microsoft comprises 6.9% of Generali Investments Management Co LLC’s investment portfolio, making the stock its 2nd biggest position. Generali Investments Management Co LLC’s holdings in Microsoft were worth $30,692,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Real Talk Capital LLC boosted its holdings in shares of Microsoft by 1.6% during the 1st quarter. Real Talk Capital LLC now owns 2,290 shares of the software giant’s stock worth $860,000 after buying an additional 37 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its position in shares of Microsoft by 3.8% during the 2nd quarter. Bank Pictet & Cie Europe AG now owns 922,524 shares of the software giant’s stock valued at $457,119,000 after acquiring an additional 33,382 shares during the period. Modern Wealth Management LLC boosted its stake in Microsoft by 39.3% during the first quarter. Modern Wealth Management LLC now owns 144,852 shares of the software giant’s stock worth $54,376,000 after acquiring an additional 40,860 shares in the last quarter. Well Done LLC grew its holdings in Microsoft by 8.9% in the second quarter. Well Done LLC now owns 9,911 shares of the software giant’s stock worth $4,930,000 after purchasing an additional 814 shares during the period. Finally, Lantz Financial LLC grew its holdings in Microsoft by 2.5% in the second quarter. Lantz Financial LLC now owns 24,210 shares of the software giant’s stock worth $12,042,000 after purchasing an additional 580 shares during the period. Institutional investors own 71.13% of the company’s stock.

Insider Transactions at Microsoft

In other news, insider Bradford L. Smith sold 38,500 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $518.64, for a total value of $19,967,640.00. Following the completion of the transaction, the insider directly owned 461,597 shares of the company’s stock, valued at $239,402,668.08. This represents a 7.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Takeshi Numoto sold 2,850 shares of the stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $478.72, for a total value of $1,364,352.00. Following the sale, the executive vice president directly owned 55,782 shares of the company’s stock, valued at $26,703,959.04. The trade was a 4.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 54,100 shares of company stock worth $27,598,872 in the last 90 days. Insiders own 0.03% of the company’s stock.

Microsoft Trading Up 0.5%

Shares of Microsoft stock opened at $483.16 on Friday. The company has a market capitalization of $3.59 trillion, a P/E ratio of 34.36, a price-to-earnings-growth ratio of 1.81 and a beta of 1.07. The stock has a fifty day simple moving average of $507.29 and a 200 day simple moving average of $501.25. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $555.45. The company has a current ratio of 1.40, a quick ratio of 1.39 and a debt-to-equity ratio of 0.10.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Wednesday, October 29th. The software giant reported $4.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.65 by $0.48. The firm had revenue of $77.67 billion for the quarter, compared to the consensus estimate of $75.49 billion. Microsoft had a net margin of 35.71% and a return on equity of 32.45%. The business’s revenue for the quarter was up 18.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.30 EPS. On average, sell-side analysts anticipate that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 19th will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. Microsoft’s dividend payout ratio (DPR) is currently 25.89%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on MSFT shares. Sanford C. Bernstein upped their price objective on shares of Microsoft from $637.00 to $645.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Rothschild Redb downgraded Microsoft from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Citigroup increased their price target on Microsoft from $682.00 to $690.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Evercore ISI set a $640.00 price objective on Microsoft in a research note on Thursday, October 30th. Finally, Barclays reaffirmed an “overweight” rating and set a $625.00 target price on shares of Microsoft in a research report on Friday, August 29th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Microsoft presently has a consensus rating of “Moderate Buy” and an average price target of $632.34.

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.