Walkner Condon Financial Advisors LLC Has $8 Million Holdings in Microsoft Co. (NASDAQ:MSFT)

Walkner Condon Financial Advisors LLC boosted its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 4.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,601 shares of the software giant’s stock after purchasing an additional 866 shares during the quarter. Microsoft accounts for approximately 1.6% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 12th biggest position. Walkner Condon Financial Advisors LLC’s holdings in Microsoft were worth $8,004,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MSFT. First National Bank Sioux Falls raised its position in shares of Microsoft by 0.4% in the 2nd quarter. First National Bank Sioux Falls now owns 6,340 shares of the software giant’s stock valued at $2,834,000 after acquiring an additional 24 shares during the period. BCK Partners Inc. raised its position in shares of Microsoft by 1.8% in the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after acquiring an additional 24 shares during the period. Flagship Private Wealth LLC raised its position in shares of Microsoft by 2.8% in the 2nd quarter. Flagship Private Wealth LLC now owns 913 shares of the software giant’s stock valued at $408,000 after acquiring an additional 25 shares during the period. Massachusetts Wealth Management raised its position in shares of Microsoft by 0.3% in the 2nd quarter. Massachusetts Wealth Management now owns 9,640 shares of the software giant’s stock valued at $4,309,000 after acquiring an additional 25 shares during the period. Finally, Deseret Mutual Benefit Administrators raised its position in shares of Microsoft by 0.8% in the 2nd quarter. Deseret Mutual Benefit Administrators now owns 3,255 shares of the software giant’s stock valued at $1,455,000 after acquiring an additional 25 shares during the period. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Microsoft

In other news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $417.00, for a total transaction of $10,425,000.00. Following the completion of the sale, the executive vice president now owns 117,294 shares of the company’s stock, valued at approximately $48,911,598. This trade represents a 17.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Christopher David Young sold 7,200 shares of Microsoft stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $423.66, for a total value of $3,050,352.00. Following the sale, the executive vice president now directly owns 103,366 shares of the company’s stock, valued at $43,792,039.56. This represents a 6.51 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 41,200 shares of company stock valued at $17,383,892 in the last quarter. 0.03% of the stock is currently owned by insiders.

Microsoft Price Performance

NASDAQ:MSFT opened at $424.56 on Thursday. The firm has a fifty day simple moving average of $428.29 and a 200 day simple moving average of $427.61. Microsoft Co. has a 1-year low of $371.19 and a 1-year high of $468.35. The stock has a market capitalization of $3.16 trillion, a PE ratio of 35.03, a P/E/G ratio of 2.37 and a beta of 0.90. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.15.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, October 30th. The software giant reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.10 by $0.20. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. The business had revenue of $65.59 billion during the quarter, compared to the consensus estimate of $64.57 billion. During the same quarter last year, the firm posted $2.99 EPS. The company’s quarterly revenue was up 16.0% on a year-over-year basis. On average, research analysts expect that Microsoft Co. will post 12.93 EPS for the current fiscal year.

Microsoft announced that its board has authorized a share buyback program on Monday, September 16th that permits the company to buyback $60.00 billion in shares. This buyback authorization permits the software giant to reacquire up to 1.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.78%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio is 27.39%.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of research reports. Oppenheimer cut Microsoft from an “outperform” rating to a “market perform” rating in a research note on Tuesday, October 8th. StockNews.com raised Microsoft from a “hold” rating to a “buy” rating in a research note on Monday. TD Cowen lowered their target price on Microsoft from $495.00 to $475.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Stifel Nicolaus increased their target price on Microsoft from $475.00 to $515.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Finally, Piper Sandler increased their target price on Microsoft from $470.00 to $520.00 and gave the stock an “overweight” rating in a research note on Monday. Two analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $511.62.

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.