Microsoft Co. (NASDAQ:MSFT) Shares Sold by Kampmann Melissa S.

Kampmann Melissa S. decreased its position in Microsoft Co. (NASDAQ:MSFT) by 0.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,720 shares of the software giant’s stock after selling 25 shares during the quarter. Microsoft comprises 4.8% of Kampmann Melissa S.’s investment portfolio, making the stock its 3rd largest holding. Kampmann Melissa S.’s holdings in Microsoft were worth $6,764,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MSFT. Truxt Investmentos Ltda. acquired a new position in shares of Microsoft during the 3rd quarter worth $11,126,000. Round Rock Advisors LLC boosted its holdings in Microsoft by 0.6% in the third quarter. Round Rock Advisors LLC now owns 36,426 shares of the software giant’s stock worth $15,674,000 after purchasing an additional 202 shares in the last quarter. Riverstone Advisors LLC increased its position in Microsoft by 0.6% during the third quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant’s stock worth $1,941,000 after buying an additional 25 shares during the last quarter. Alan B Lancz & Associates Inc. increased its position in Microsoft by 2.5% during the third quarter. Alan B Lancz & Associates Inc. now owns 12,468 shares of the software giant’s stock worth $5,365,000 after buying an additional 300 shares during the last quarter. Finally, Guerra Pan Advisors LLC lifted its position in shares of Microsoft by 0.4% in the third quarter. Guerra Pan Advisors LLC now owns 8,110 shares of the software giant’s stock worth $3,490,000 after buying an additional 31 shares during the last quarter. Institutional investors own 71.13% of the company’s stock.

Microsoft Trading Down 0.4 %

Shares of Microsoft stock opened at $415.67 on Wednesday. The stock has a market capitalization of $3.09 trillion, a P/E ratio of 34.30, a price-to-earnings-growth ratio of 2.37 and a beta of 0.90. Microsoft Co. has a 12-month low of $384.81 and a 12-month high of $468.35. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 0.15. The company has a 50-day simple moving average of $429.08 and a 200 day simple moving average of $426.72.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, topping the consensus estimate of $3.10 by $0.20. The business had revenue of $65.59 billion for the quarter, compared to the consensus estimate of $64.57 billion. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. Microsoft’s revenue was up 16.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.99 EPS. Research analysts expect that Microsoft Co. will post 12.93 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date is Thursday, February 20th. Microsoft’s dividend payout ratio is currently 27.39%.

Insider Buying and Selling at Microsoft

In other news, EVP Judson Althoff sold 25,000 shares of the business’s 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 in the company, valued at $48,911,598. The trade was a 17.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CMO Takeshi Numoto sold 1,000 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $414.72, for a total value of $414,720.00. Following the sale, the chief marketing officer now directly owns 57,511 shares of the company’s stock, valued at $23,850,961.92. This represents a 1.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 41,200 shares of company stock worth $17,383,892. 0.03% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

MSFT has been the topic of a number of analyst reports. The Goldman Sachs Group lowered their price objective on Microsoft from $515.00 to $500.00 and set a “buy” rating on the stock in a report on Thursday, October 10th. Truist Financial reissued a “buy” rating and issued a $600.00 price target on shares of Microsoft in a research report on Monday, October 28th. Citigroup decreased their price objective on shares of Microsoft from $500.00 to $497.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. Piper Sandler lifted their target price on shares of Microsoft from $470.00 to $520.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. Finally, KeyCorp boosted their target price on shares of Microsoft from $490.00 to $505.00 and gave the stock an “overweight” rating in a research report on Friday, October 18th. Three equities research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average 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.