Coppell Advisory Solutions LLC Buys Shares of 34,049 Microsoft Corporation $MSFT

Coppell Advisory Solutions LLC purchased a new position in shares of Microsoft Corporation (NASDAQ:MSFT) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 34,049 shares of the software giant’s stock, valued at approximately $16,886,000. Microsoft comprises 2.0% of Coppell Advisory Solutions LLC’s holdings, making the stock its 10th biggest position.

Several other institutional investors have also added to or reduced their stakes in MSFT. Sound View Wealth Advisors Group LLC increased its stake in Microsoft by 2.6% in the 2nd quarter. Sound View Wealth Advisors Group LLC now owns 94,120 shares of the software giant’s stock worth $46,816,000 after buying an additional 2,373 shares during the period. Real Talk Capital LLC increased its position in shares of Microsoft by 1.6% during the first quarter. Real Talk Capital LLC now owns 2,290 shares of the software giant’s stock worth $860,000 after acquiring an additional 37 shares during the period. Bank Pictet & Cie Europe AG raised its stake in shares of Microsoft by 3.8% during the second 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 in the last quarter. Wellington Capital Management Inc. purchased a new stake in shares of Microsoft in the second quarter valued at approximately $9,941,000. Finally, Modern Wealth Management LLC grew its stake in Microsoft by 39.3% in the first quarter. Modern Wealth Management LLC now owns 144,852 shares of the software giant’s stock worth $54,376,000 after purchasing an additional 40,860 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Stock Down 1.0%

Shares of MSFT stock opened at $478.53 on Monday. The stock’s fifty day moving average price is $504.05 and its 200 day moving average price is $502.65. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.40 and a quick ratio of 1.39. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $555.45. The company has a market cap of $3.56 trillion, a price-to-earnings ratio of 34.03, a price-to-earnings-growth ratio of 1.79 and a beta of 1.07.

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, beating the consensus estimate 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 company’s revenue for the quarter was up 18.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.30 earnings per share. On average, research analysts expect that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, February 19th will be paid a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, February 19th. Microsoft’s payout ratio is presently 25.89%.

Insider Activity

In other Microsoft news, EVP Takeshi Numoto sold 2,850 shares of Microsoft stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $478.72, for a total transaction of $1,364,352.00. Following the completion of the sale, the executive vice president owned 55,782 shares of the company’s stock, valued at approximately $26,703,959.04. The trade was a 4.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Judson Althoff sold 12,750 shares of the stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $491.52, for a total value of $6,266,880.00. Following the completion of the transaction, the chief executive officer directly owned 129,349 shares in the company, valued at $63,577,620.48. This represents a 8.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 54,100 shares of company stock valued at $27,598,872 over the last ninety days. 0.03% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Jefferies Financial Group reaffirmed a “buy” rating and set a $675.00 target price on shares of Microsoft in a research report on Wednesday, December 3rd. Sanford C. Bernstein increased their target price on shares of Microsoft from $637.00 to $645.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Piper Sandler reiterated an “overweight” rating and set a $650.00 price objective on shares of Microsoft in a research note on Thursday, October 30th. Melius Research boosted their price objective on shares of Microsoft from $595.00 to $625.00 in a research note on Thursday, September 25th. Finally, Daiwa Capital Markets dropped their target price on Microsoft from $640.00 to $630.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price 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.