Microsoft Co. (NASDAQ:MSFT) Position Lowered by Intrinsic Value Partners LLC

Intrinsic Value Partners LLC decreased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,005 shares of the software giant’s stock after selling 29 shares during the period. Microsoft comprises 4.2% of Intrinsic Value Partners LLC’s portfolio, making the stock its 8th largest holding. Intrinsic Value Partners LLC’s holdings in Microsoft were worth $4,025,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Christopher J. Hasenberg Inc boosted its position in shares of Microsoft by 169.2% in the second quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant’s stock worth $31,000 after purchasing an additional 44 shares during the period. Neo Ivy Capital Management purchased a new stake in Microsoft in the 4th quarter worth $58,000. Richardson Capital Management LLC raised its holdings in Microsoft by 1,290.0% during the first quarter. Richardson Capital Management LLC now owns 139 shares of the software giant’s stock valued at $59,000 after acquiring an additional 129 shares during the period. Bellevue Group AG boosted its stake in shares of Microsoft by 47.5% in the first quarter. Bellevue Group AG now owns 180 shares of the software giant’s stock worth $76,000 after acquiring an additional 58 shares during the period. Finally, Horizon Financial Services LLC bought a new stake in Microsoft during the 1st quarter valued at approximately $80,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Microsoft

In other news, CFO Amy Hood sold 38,000 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $410.55, for a total transaction of $15,600,900.00. Following the sale, the chief financial officer now owns 496,369 shares in the company, valued at $203,784,292.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO Satya Nadella sold 78,353 shares of the stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $408.63, for a total value of $32,017,386.39. Following the sale, the chief executive officer now owns 864,327 shares in the company, valued at $353,189,942.01. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Amy Hood sold 38,000 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $410.55, for a total transaction of $15,600,900.00. Following the transaction, the chief financial officer now owns 496,369 shares of the company’s stock, valued at $203,784,292.95. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 190,629 shares of company stock worth $77,916,485. Insiders own 0.03% of the company’s stock.

Microsoft Trading Up 0.5 %

MSFT opened at $430.30 on Tuesday. The company has a market capitalization of $3.20 trillion, a P/E ratio of 37.26, a PEG ratio of 2.30 and a beta of 0.90. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.16. Microsoft Co. has a 52 week low of $311.21 and a 52 week high of $468.35. The stock’s fifty day moving average is $419.26 and its two-hundred day moving average is $425.10.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Tuesday, July 30th. The software giant reported $2.95 earnings per share (EPS) 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 analysts’ expectations of $64.38 billion. Microsoft had a return on equity of 35.95% and a net margin of 35.96%. The business’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter last year, the firm earned $2.69 EPS. Analysts forecast that Microsoft Co. will post 13.04 earnings per share for the current year.

Microsoft declared that its Board of Directors has initiated a stock buyback plan on Monday, September 16th that authorizes the company to repurchase $60.00 billion in shares. This repurchase authorization authorizes the software giant to buy up to 1.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Microsoft Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.77%. The ex-dividend date of this dividend is Thursday, November 21st. This is an increase from Microsoft’s previous quarterly dividend of $0.75. Microsoft’s dividend payout ratio (DPR) is currently 28.74%.

Analysts Set New Price Targets

A number of brokerages have issued reports on MSFT. UBS Group cut their price objective on shares of Microsoft from $520.00 to $510.00 and set a “buy” rating for the company in a report on Wednesday, July 31st. Oppenheimer lifted their price objective on Microsoft from $450.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, June 7th. Royal Bank of Canada reiterated an “outperform” rating and set a $500.00 target price on shares of Microsoft in a research report on Wednesday, July 31st. Truist Financial reaffirmed a “buy” rating and set a $600.00 price target on shares of Microsoft in a research note on Monday, June 17th. Finally, BMO Capital Markets lifted their price objective on shares of Microsoft from $465.00 to $500.00 and gave the stock an “outperform” rating in a research note on Friday, July 12th. Two analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $493.94.

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.