Leibman Financial Services Inc. Purchases 90 Shares of Microsoft Co. (NASDAQ:MSFT)

Leibman Financial Services Inc. increased its position in shares of Microsoft Co. (NASDAQ:MSFT) by 0.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,745 shares of the software giant’s stock after purchasing an additional 90 shares during the period. Microsoft comprises about 3.2% of Leibman Financial Services Inc.’s investment portfolio, making the stock its 11th largest position. Leibman Financial Services Inc.’s holdings in Microsoft were worth $4,100,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of MSFT. Friedenthal Financial acquired a new position in shares of Microsoft in the 4th quarter valued at $45,000. Neo Ivy Capital Management bought a new stake in Microsoft in the fourth quarter valued at about $58,000. PayPay Securities Corp raised its position in Microsoft by 23.7% in the fourth quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock worth $71,000 after purchasing an additional 36 shares in the last quarter. Cooksen Wealth LLC bought a new position in Microsoft during the fourth quarter worth about $86,000. Finally, Kathleen S. Wright Associates Inc. boosted its holdings in Microsoft by 160.7% during the fourth quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock valued at $87,000 after purchasing an additional 143 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Citigroup cut their target price on Microsoft from $480.00 to $475.00 and set a “buy” rating for the company in a research report on Thursday, April 18th. Raymond James reissued an “outperform” rating and set a $480.00 price objective (up from $450.00) on shares of Microsoft in a report on Friday, April 26th. UBS Group reaffirmed a “buy” rating and issued a $480.00 target price on shares of Microsoft in a report on Wednesday, April 10th. The Goldman Sachs Group boosted their price target on shares of Microsoft from $450.00 to $515.00 and gave the company a “buy” rating in a research report on Friday, April 26th. Finally, Oppenheimer upped their price objective on shares of Microsoft from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, June 7th. Three investment analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the stock. Based on data from MarketBeat.com, Microsoft presently has an average rating of “Moderate Buy” and an average target price of $465.83.

Insider Buying and Selling

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

Microsoft Stock Down 0.1 %

Shares of NASDAQ MSFT opened at $445.70 on Friday. The firm has a 50 day moving average price of $419.41 and a 200 day moving average price of $406.37. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24. The stock has a market cap of $3.31 trillion, a P/E ratio of 38.59, a P/E/G ratio of 2.36 and a beta of 0.89. Microsoft Co. has a 52-week low of $309.45 and a 52-week high of $450.94.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 EPS for the quarter, beating analysts’ consensus estimates of $2.81 by $0.13. The business had revenue of $61.86 billion during the quarter, compared to analysts’ expectations of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The firm’s quarterly revenue was up 17.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.45 EPS. Analysts expect that Microsoft Co. will post 11.77 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 15th will be given a $0.75 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.00 annualized dividend and a dividend yield of 0.67%. Microsoft’s dividend payout ratio 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.