Microsoft Co. (NASDAQ:MSFT) is Insight Inv LLC’s 2nd Largest Position

Insight Inv LLC cut its stake in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 1.7% during the third quarter, HoldingsChannel.com reports. The firm owned 9,377 shares of the software giant’s stock after selling 163 shares during the period. Microsoft accounts for about 3.4% of Insight Inv LLC’s portfolio, making the stock its 2nd largest position. Insight Inv LLC’s holdings in Microsoft were worth $3,107,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Monumental Financial Group Inc. purchased a new position in Microsoft in the 1st quarter valued at about $28,000. Atlantic Private Wealth LLC lifted its holdings in Microsoft by 534.5% in the 2nd quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock valued at $63,000 after purchasing an additional 155 shares in the last quarter. Hibernia Wealth Partners LLC purchased a new position in Microsoft in the 3rd quarter valued at about $69,000. Iron Horse Wealth Management LLC lifted its holdings in Microsoft by 89.0% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock valued at $70,000 after purchasing an additional 105 shares in the last quarter. Finally, MayTech Global Investments LLC purchased a new position in Microsoft in the 4th quarter valued at about $83,000. 69.20% of the stock is owned by institutional investors and hedge funds.

Microsoft Stock Performance

MSFT stock opened at $414.05 on Thursday. The stock has a market capitalization of $3.08 trillion, a price-to-earnings ratio of 37.44, a PEG ratio of 2.16 and a beta of 0.90. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.22. Microsoft Co. has a 1 year low of $245.61 and a 1 year high of $415.32. The stock’s fifty day moving average is $383.76 and its two-hundred day moving average is $353.22.

Microsoft (NASDAQ:MSFTGet Free Report) last released its earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.76 by $0.17. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The firm had revenue of $62.02 billion for the quarter, compared to analyst estimates of $61.14 billion. During the same period in the previous year, the company earned $2.32 earnings per share. Microsoft’s revenue was up 17.6% compared to the same quarter last year. On average, research analysts predict that Microsoft Co. will post 11.6 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 14th. Shareholders of record on Thursday, February 15th will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $3.00 dividend on an annualized basis and a yield of 0.72%. Microsoft’s payout ratio is presently 27.12%.

Analyst Upgrades and Downgrades

MSFT has been the subject of a number of research analyst reports. Macquarie upped their price objective on shares of Microsoft from $430.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, January 31st. Royal Bank of Canada upped their price objective on shares of Microsoft from $415.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, January 31st. Piper Sandler reaffirmed an “overweight” rating and set a $455.00 price objective on shares of Microsoft in a research note on Thursday, January 25th. China Renaissance initiated coverage on shares of Microsoft in a research note on Tuesday, December 5th. They set a “buy” rating and a $466.00 price objective for the company. Finally, Truist Financial reaffirmed a “buy” rating on shares of Microsoft in a research note on Tuesday, January 23rd. Four analysts have rated the stock with a hold rating and thirty-six have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $411.06.

View Our Latest Stock Analysis on Microsoft

Insider Activity

In other news, insider Bradford L. Smith sold 45,000 shares of Microsoft stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $411.78, for a total transaction of $18,530,100.00. Following the completion of the sale, the insider now directly owns 574,129 shares in the company, valued at approximately $236,414,839.62. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other Microsoft news, insider Bradford L. Smith sold 3,303 shares of Microsoft stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $406.12, for a total value of $1,341,414.36. Following the transaction, the insider now directly owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Bradford L. Smith sold 45,000 shares of Microsoft stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $411.78, for a total value of $18,530,100.00. Following the completion of the transaction, the insider now directly owns 574,129 shares in the company, valued at $236,414,839.62. The disclosure for this sale can be found here. Insiders sold a total of 72,984 shares of company stock worth $28,978,803 in the last three months. 0.03% of the stock is owned by insiders.

Microsoft Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFTFree Report).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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