Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Cairn Investment Group Inc.

Cairn Investment Group Inc. raised its position in shares of Microsoft Co. (NASDAQ:MSFT) by 1.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,173 shares of the software giant’s stock after purchasing an additional 37 shares during the period. Cairn Investment Group Inc.’s holdings in Microsoft were worth $1,335,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MSFT. Friedenthal Financial bought a new stake in shares of Microsoft during the 4th quarter worth about $45,000. Neo Ivy Capital Management bought a new stake in shares of Microsoft during the 4th quarter worth about $58,000. PayPay Securities Corp raised its holdings in shares of Microsoft by 23.7% in the 4th 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 stake in shares of Microsoft in the 4th quarter worth approximately $86,000. Finally, Kathleen S. Wright Associates Inc. raised its holdings in shares of Microsoft by 160.7% in the 4th quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock worth $87,000 after purchasing an additional 143 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Macquarie boosted their target price on shares of Microsoft from $460.00 to $475.00 and gave the stock an “outperform” rating in a report on Friday, May 17th. Morgan Stanley boosted their target price on shares of Microsoft from $465.00 to $520.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. The Goldman Sachs Group boosted their target price on shares of Microsoft from $450.00 to $515.00 and gave the stock a “buy” rating in a report on Friday, April 26th. JPMorgan Chase & Co. boosted their target price on shares of Microsoft from $440.00 to $470.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Finally, Jefferies Financial Group boosted their price target on shares of Microsoft from $465.00 to $550.00 and gave the company a “buy” rating in a report on Monday, April 1st. Three analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $467.12.

Insider Buying and Selling

In related news, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction on 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 sale, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, CMO Takeshi Numoto sold 244 shares of the company’s 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 completion of the transaction, the chief marketing officer now directly owns 47,011 shares in the company, valued at approximately $19,534,480.83. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction on 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 transaction, the executive vice president now owns 104,949 shares of the company’s stock, valued at $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. Company insiders own 0.03% of the company’s stock.

Microsoft Stock Performance

MSFT stock opened at $460.77 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.24 and a debt-to-equity ratio of 0.17. The firm has a 50 day moving average of $427.29 and a two-hundred day moving average of $411.76. The company has a market capitalization of $3.42 trillion, a price-to-earnings ratio of 39.89, a P/E/G ratio of 2.16 and a beta of 0.89. Microsoft Co. has a 12 month low of $309.45 and a 12 month high of $461.02.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.81 by $0.13. The business 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 quarterly revenue was up 17.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.45 EPS. As a group, equities analysts anticipate that Microsoft Co. will post 11.77 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company 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 dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 0.65%. The ex-dividend date is Thursday, August 15th. 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.