Microsoft Co. (NASDAQ:MSFT) Shares Sold by Stonebridge Capital Management Inc.

Stonebridge Capital Management Inc. lowered its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,237 shares of the software giant’s stock after selling 40 shares during the period. Microsoft comprises about 9.1% of Stonebridge Capital Management Inc.’s investment portfolio, making the stock its biggest holding. Stonebridge Capital Management Inc.’s holdings in Microsoft were worth $21,560,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of MSFT. Friedenthal Financial acquired a new stake in shares of Microsoft during the 4th quarter valued at $45,000. Neo Ivy Capital Management bought a new position in shares of Microsoft during the 4th quarter valued at $58,000. Richardson Capital Management LLC raised its holdings in shares of Microsoft by 1,290.0% during the 1st quarter. Richardson Capital Management LLC now owns 139 shares of the software giant’s stock valued at $59,000 after purchasing an additional 129 shares in the last quarter. PayPay Securities Corp raised its holdings in shares of Microsoft by 23.7% during the 4th quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock valued at $71,000 after purchasing an additional 36 shares in the last quarter. Finally, Bellevue Group AG raised its holdings in shares of Microsoft by 47.5% during the 1st quarter. Bellevue Group AG now owns 180 shares of the software giant’s stock valued at $76,000 after purchasing an additional 58 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Buying and Selling at Microsoft

In other Microsoft news, CEO Satya Nadella sold 14,398 shares of the business’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $417.41, for a total value of $6,009,869.18. Following the transaction, the chief executive officer now directly owns 786,933 shares in the company, valued at $328,473,703.53. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other Microsoft news, CMO Takeshi Numoto sold 322 shares of the business’s 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 directly owns 47,255 shares of the company’s stock, valued at $19,686,433. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Satya Nadella sold 14,398 shares of the business’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $417.41, for a total transaction of $6,009,869.18. Following the completion of the transaction, the chief executive officer now directly owns 786,933 shares of the company’s stock, valued at $328,473,703.53. The disclosure for this sale can be found here. Insiders have sold a total of 14,964 shares of company stock worth $6,245,404 over the last ninety days. Corporate insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on MSFT shares. TD Cowen raised their price target on shares of Microsoft from $470.00 to $495.00 and gave the company a “buy” rating in a report on Thursday, July 18th. UBS Group cut their price target on shares of Microsoft from $520.00 to $510.00 and set a “buy” rating on the stock in a report on Wednesday, July 31st. Morgan Stanley cut their price target on shares of Microsoft from $520.00 to $506.00 and set an “overweight” rating on the stock in a report on Wednesday, July 31st. Royal Bank of Canada restated an “outperform” rating and set a $500.00 price target on shares of Microsoft in a report on Wednesday, July 31st. Finally, Tigress Financial lifted their target price on shares of Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a report on Thursday, June 13th. Two equities research analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the company. According to MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and an average target price of $494.72.

Microsoft Price Performance

Shares of Microsoft stock opened at $410.60 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.23 and a current ratio of 1.27. The firm’s 50-day simple moving average is $433.71 and its 200-day simple moving average is $422.83. Microsoft Co. has a twelve month low of $309.45 and a twelve month high of $468.35. The firm has a market cap of $3.05 trillion, a P/E ratio of 35.55, a price-to-earnings-growth ratio of 2.11 and a beta of 0.90.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Tuesday, July 30th. The software giant reported $2.95 earnings per share for the quarter, beating the consensus estimate of $2.90 by $0.05. The business had revenue of $64.73 billion for the quarter, compared to analyst estimates of $64.38 billion. Microsoft had a net margin of 35.96% and a return on equity of 35.95%. The firm’s revenue was up 15.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.69 EPS. As a group, research analysts expect that Microsoft Co. will post 13.04 EPS for the current fiscal year.

Microsoft Announces Dividend

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 $0.75 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.00 dividend on an annualized basis and a yield of 0.73%. 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.