Microsoft Co. (NASDAQ:MSFT) is Executive Wealth Group LLC’s 7th Largest Position

Executive Wealth Group LLC lessened its position in Microsoft Co. (NASDAQ:MSFT) by 3.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,620 shares of the software giant’s stock after selling 863 shares during the quarter. Microsoft makes up 6.1% of Executive Wealth Group LLC’s investment portfolio, making the stock its 7th largest holding. Executive Wealth Group LLC’s holdings in Microsoft were worth $9,634,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Rovin Capital UT ADV increased its stake in Microsoft by 15.5% during the 4th quarter. Rovin Capital UT ADV now owns 2,366 shares of the software giant’s stock worth $890,000 after buying an additional 317 shares during the period. Spartan Planning & Wealth Management boosted its holdings in Microsoft by 167.1% in the fourth quarter. Spartan Planning & Wealth Management now owns 12,303 shares of the software giant’s stock valued at $4,626,000 after purchasing an additional 7,696 shares during the period. Cove Private Wealth LLC purchased a new stake in Microsoft during the 4th quarter worth about $9,828,000. Vanguard Group Inc. raised its position in Microsoft by 2.4% in the 4th quarter. Vanguard Group Inc. now owns 664,908,939 shares of the software giant’s stock valued at $250,032,357,000 after purchasing an additional 15,701,937 shares in the last quarter. Finally, Wahed Invest LLC boosted its stake in shares of Microsoft by 6.6% in the 4th quarter. Wahed Invest LLC now owns 126,801 shares of the software giant’s stock valued at $47,682,000 after buying an additional 7,844 shares during the period. Institutional investors and hedge funds own 71.13% of the company’s stock.

Analyst Upgrades and Downgrades

MSFT has been the topic of a number of recent analyst reports. UBS Group reissued a “buy” rating and issued a $480.00 price objective on shares of Microsoft in a research report on Wednesday, April 10th. Macquarie increased their target price on Microsoft from $460.00 to $475.00 and gave the company an “outperform” rating in a report on Friday, May 17th. BMO Capital Markets lifted their price target on Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a report on Friday, April 12th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $455.00 price target on shares of Microsoft in a report on Monday, April 22nd. Finally, Evercore ISI increased their price target on shares of Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Three investment analysts have rated the stock with a hold rating and thirty-three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $465.83.

Insiders Place Their Bets

In related news, EVP Judson Althoff sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total value of $10,642,000.00. Following the transaction, the executive vice president now owns 104,949 shares in the company, valued at $44,674,690.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, CMO Takeshi Numoto sold 244 shares of Microsoft stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $415.53, for a total transaction of $101,389.32. Following the sale, the chief marketing officer now owns 47,011 shares of the company’s stock, valued at approximately $19,534,480.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the completion of the transaction, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at $44,674,690.32. The disclosure for this sale can be found here. Insiders sold 25,566 shares of company stock worth $10,877,535 over the last three months. 0.03% of the stock is owned by insiders.

Microsoft Stock Up 1.3 %

Shares of NASDAQ:MSFT opened at $448.37 on Tuesday. Microsoft Co. has a 12-month low of $309.45 and a 12-month high of $450.94. The stock’s 50-day moving average price is $418.19 and its two-hundred day moving average price is $405.31. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. The firm has a market cap of $3.33 trillion, a price-to-earnings ratio of 38.82, a PEG ratio of 2.34 and a beta of 0.89.

Microsoft (NASDAQ:MSFT) last released its earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. The firm had revenue of $61.86 billion during the quarter, compared to the consensus estimate of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. Microsoft’s revenue was up 17.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.45 earnings per share. On average, research analysts forecast that Microsoft Co. will post 11.77 EPS for the current year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Thursday, August 15th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend is Thursday, August 15th. Microsoft’s dividend payout ratio (DPR) is presently 25.97%.

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.