Microsoft Co. (NASDAQ:MSFT) Shares Sold by Eagle Wealth Strategies LLC

Eagle Wealth Strategies LLC decreased its position in shares of Microsoft Co. (NASDAQ:MSFT) by 1.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,334 shares of the software giant’s stock after selling 52 shares during the period. Microsoft accounts for 1.8% of Eagle Wealth Strategies LLC’s investment portfolio, making the stock its 8th biggest holding. Eagle Wealth Strategies LLC’s holdings in Microsoft were worth $2,265,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Friedenthal Financial acquired a new position in shares of Microsoft during the fourth quarter valued at about $45,000. Neo Ivy Capital Management acquired a new position in shares of Microsoft during the fourth quarter valued at about $58,000. PayPay Securities Corp raised its position in shares of Microsoft by 23.7% during the fourth quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock valued at $71,000 after buying an additional 36 shares during the last quarter. Cooksen Wealth LLC acquired a new position in shares of Microsoft during the fourth quarter valued at about $86,000. Finally, Kathleen S. Wright Associates Inc. raised its position in shares of 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 buying an additional 143 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Activity at Microsoft

In other news, CMO Takeshi Numoto sold 322 shares of Microsoft stock in a transaction dated Friday, May 31st. The shares were sold at an average price of $416.60, for a total value of $134,145.20. Following the completion of the transaction, the chief marketing officer now owns 47,255 shares of the company’s stock, valued at approximately $19,686,433. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CMO Takeshi Numoto sold 322 shares of Microsoft stock in a transaction dated Friday, May 31st. The shares were sold at an average price of $416.60, for a total value of $134,145.20. Following the completion of the transaction, the chief marketing officer now owns 47,255 shares of the company’s stock, valued at approximately $19,686,433. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Judson Althoff sold 25,000 shares of Microsoft 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 approximately $44,674,690.32. The disclosure for this sale can be found here. Insiders have sold 25,566 shares of company stock worth $10,877,535 over the last ninety days. Company insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on MSFT shares. Wells Fargo & Company upped their price objective on shares of Microsoft from $480.00 to $500.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. Sanford C. Bernstein upped their target price on shares of Microsoft from $465.00 to $489.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Jefferies Financial Group upped their target price on shares of Microsoft from $465.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, April 1st. Stifel Nicolaus reissued a “buy” rating and issued a $455.00 target price on shares of Microsoft in a research note on Monday, April 22nd. Finally, The Goldman Sachs Group upped their target price on shares of Microsoft from $450.00 to $515.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Three equities research 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, the company presently has a consensus rating of “Moderate Buy” and an average price target of $467.12.

Microsoft Trading Up 0.6 %

Shares of NASDAQ MSFT opened at $459.28 on Wednesday. The company’s 50 day simple moving average is $425.22 and its 200 day simple moving average is $410.79. Microsoft Co. has a fifty-two week low of $309.45 and a fifty-two week high of $459.59. The firm has a market capitalization of $3.41 trillion, a P/E ratio of 39.76, a P/E/G ratio of 2.36 and a beta of 0.89. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.24 and a quick ratio of 1.23.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, beating the consensus estimate of $2.81 by $0.13. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The business had revenue of $61.86 billion for the quarter, compared to analyst estimates of $60.86 billion. During the same period in the prior year, the business posted $2.45 earnings per share. Microsoft’s revenue was up 17.0% compared to the same quarter last year. On average, analysts predict 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 issued a $0.75 dividend. The ex-dividend date is Thursday, August 15th. This represents a $3.00 annualized dividend and a yield of 0.65%. Microsoft’s dividend payout ratio is currently 25.97%.

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.