Tiff Advisory Services LLC Purchases New Shares in Microsoft Co. (NASDAQ:MSFT)

Tiff Advisory Services LLC purchased a new stake in Microsoft Co. (NASDAQ:MSFT) during the 2nd quarter, HoldingsChannel reports. The firm purchased 15,972 shares of the software giant’s stock, valued at approximately $7,139,000. Microsoft comprises approximately 2.4% of Tiff Advisory Services LLC’s investment portfolio, making the stock its 14th biggest holding.

Several other large investors have also added to or reduced their stakes in MSFT. Swedbank AB bought a new stake in shares of Microsoft during the 1st quarter valued at $5,587,119,000. Vanguard Group Inc. boosted its holdings in shares of Microsoft by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 667,987,038 shares of the software giant’s stock valued at $281,035,506,000 after buying an additional 3,078,099 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in shares of Microsoft by 77.6% during the 1st quarter. Canada Pension Plan Investment Board now owns 6,281,925 shares of the software giant’s stock valued at $2,642,931,000 after buying an additional 2,744,900 shares in the last quarter. Global Assets Advisory LLC bought a new stake in shares of Microsoft during the 1st quarter valued at $989,814,000. Finally, M&G Plc bought a new stake in shares of Microsoft during the 1st quarter valued at $846,072,000. Institutional investors own 71.13% of the company’s stock.

Insider Activity at Microsoft

In other Microsoft news, CEO Satya Nadella sold 78,353 shares of the company’s stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $408.63, for a total value of $32,017,386.39. Following the completion of the transaction, the chief executive officer now directly owns 864,327 shares in the company, valued at $353,189,942.01. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other Microsoft news, CMO Takeshi Numoto sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $411.04, for a total value of $1,027,600.00. Following the completion of the transaction, the chief marketing officer now directly owns 50,000 shares in the company, valued at $20,552,000. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Satya Nadella sold 78,353 shares of the company’s stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $408.63, for a total value of $32,017,386.39. Following the completion of the transaction, the chief executive officer now owns 864,327 shares of the company’s stock, valued at $353,189,942.01. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 190,629 shares of company stock worth $77,916,485. 0.03% of the stock is owned by company insiders.

Microsoft Price Performance

NASDAQ MSFT opened at $424.73 on Friday. Microsoft Co. has a 52 week low of $326.94 and a 52 week high of $468.35. The firm has a market capitalization of $3.16 trillion, a P/E ratio of 36.77, a PEG ratio of 2.22 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. The company has a 50-day moving average price of $420.33 and a 200-day moving average price of $424.56.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Tuesday, July 30th. The software giant reported $2.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.90 by $0.05. The company had revenue of $64.73 billion during the quarter, compared to the consensus estimate of $64.38 billion. Microsoft had a return on equity of 35.95% and a net margin of 35.96%. The firm’s revenue was up 15.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.69 EPS. Equities research analysts anticipate that Microsoft Co. will post 13.02 earnings per share for the current year.

Microsoft declared that its board has authorized a stock buyback program on Monday, September 16th that allows the company to repurchase $60.00 billion in shares. This repurchase authorization allows the software giant to repurchase up to 1.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

Microsoft Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be paid a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, November 21st. This is an increase from Microsoft’s previous quarterly dividend of $0.75. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.78%. Microsoft’s payout ratio is 28.74%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. TD Cowen boosted their target price on shares of Microsoft from $470.00 to $495.00 and gave the company a “buy” rating in a report on Thursday, July 18th. Citigroup dropped their price target on shares of Microsoft from $500.00 to $497.00 and set a “buy” rating on the stock in a research note on Wednesday. BMO Capital Markets upped their price target 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. The Goldman Sachs Group dropped their price target on shares of Microsoft from $515.00 to $500.00 and set a “buy” rating on the stock in a research note on Thursday, October 10th. Finally, KeyCorp upped their price target on shares of Microsoft from $490.00 to $505.00 and gave the stock an “overweight” rating in a research note on Friday, October 18th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $495.58.

About Microsoft

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.