GAMMA Investing LLC Has $86.10 Million Stake in Microsoft Corporation $MSFT

GAMMA Investing LLC boosted its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 6.8% during the third quarter, HoldingsChannel reports. The fund owned 166,226 shares of the software giant’s stock after purchasing an additional 10,642 shares during the quarter. Microsoft comprises 4.7% of GAMMA Investing LLC’s holdings, making the stock its 2nd largest position. GAMMA Investing LLC’s holdings in Microsoft were worth $86,097,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Norges Bank bought a new position in Microsoft during the 2nd quarter worth $50,493,678,000. Kingstone Capital Partners Texas LLC raised its position in shares of Microsoft by 564,387.1% during the second quarter. Kingstone Capital Partners Texas LLC now owns 90,549,369 shares of the software giant’s stock worth $45,040,162,000 after acquiring an additional 90,533,328 shares during the last quarter. Nuveen LLC acquired a new position in shares of Microsoft in the first quarter worth approximately $18,733,827,000. Laurel Wealth Advisors LLC boosted its holdings in Microsoft by 49,640.3% in the second quarter. Laurel Wealth Advisors LLC now owns 29,967,038 shares of the software giant’s stock valued at $14,905,904,000 after acquiring an additional 29,906,791 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Microsoft by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 705,077,786 shares of the software giant’s stock valued at $350,712,742,000 after purchasing an additional 13,691,572 shares during the period. Institutional investors own 71.13% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT opened at $476.12 on Thursday. Microsoft Corporation has a one year low of $344.79 and a one year high of $555.45. The company has a market cap of $3.54 trillion, a PE ratio of 33.86, a P/E/G ratio of 1.79 and a beta of 1.07. The stock has a 50-day moving average of $501.05 and a 200-day moving average of $502.70. 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 (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, October 29th. The software giant reported $4.13 earnings per share for the quarter, topping analysts’ consensus estimates of $3.65 by $0.48. Microsoft had a return on equity of 32.45% and a net margin of 35.71%.The business had revenue of $77.67 billion for the quarter, compared to the consensus estimate of $75.49 billion. During the same period in the prior year, the business earned $3.30 EPS. The firm’s revenue for the quarter was up 18.4% on a year-over-year basis. On average, equities research analysts predict that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Microsoft from a “hold” rating to a “buy” rating in a research report on Saturday, December 6th. HSBC boosted their target price on shares of Microsoft from $643.00 to $648.00 in a report on Monday, October 27th. Cantor Fitzgerald set a $639.00 price target on Microsoft in a report on Thursday, October 30th. Stifel Nicolaus set a $640.00 price objective on Microsoft in a research report on Thursday, October 30th. Finally, Robert W. Baird assumed coverage on Microsoft in a research report on Friday, November 14th. They set an “outperform” rating and a $600.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and an average price target of $631.03.

Insider Buying and Selling at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 38,500 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $518.64, for a total transaction of $19,967,640.00. Following the transaction, the insider owned 461,597 shares in the company, valued at approximately $239,402,668.08. This represents a 7.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Judson Althoff sold 12,750 shares of Microsoft stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $491.52, for a total transaction of $6,266,880.00. Following the transaction, the chief executive officer owned 129,349 shares of the company’s stock, valued at $63,577,620.48. This represents a 8.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 54,100 shares of company stock worth $27,598,872. 0.03% of the stock is owned by corporate insiders.

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.