Microsoft Co. (NASDAQ:MSFT) Shares Bought by Oakwell Private Wealth Management LLC

Oakwell Private Wealth Management LLC increased its holdings in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 0.8% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,933 shares of the software giant’s stock after purchasing an additional 38 shares during the quarter. Microsoft accounts for about 0.7% of Oakwell Private Wealth Management LLC’s investment portfolio, making the stock its 21st largest holding. Oakwell Private Wealth Management LLC’s holdings in Microsoft were worth $1,558,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. DGS Capital Management LLC raised its stake in shares of Microsoft by 19.9% during the first quarter. DGS Capital Management LLC now owns 14,342 shares of the software giant’s stock valued at $4,422,000 after purchasing an additional 2,383 shares in the last quarter. IFM Investors Pty Ltd raised its stake in shares of Microsoft by 20.8% during the first quarter. IFM Investors Pty Ltd now owns 1,138,469 shares of the software giant’s stock valued at $351,001,000 after purchasing an additional 196,338 shares in the last quarter. Altus Wealth Group LLC raised its stake in shares of Microsoft by 1.2% during the first quarter. Altus Wealth Group LLC now owns 12,712 shares of the software giant’s stock valued at $3,919,000 after purchasing an additional 152 shares in the last quarter. Powell Investment Advisors LLC raised its stake in shares of Microsoft by 16.2% during the first quarter. Powell Investment Advisors LLC now owns 2,578 shares of the software giant’s stock valued at $795,000 after purchasing an additional 359 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC raised its stake in shares of Microsoft by 8.2% during the first quarter. Onyx Bridge Wealth Group LLC now owns 6,782 shares of the software giant’s stock valued at $1,921,000 after purchasing an additional 512 shares in the last quarter. Institutional investors and hedge funds own 69.20% of the company’s stock.

Insider Buying and Selling

In other news, insider Bradford L. Smith sold 3,303 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $406.12, for a total transaction of $1,341,414.36. Following the completion of the transaction, the insider now directly owns 570,826 shares in the company, valued at $231,823,855.12. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, EVP Kathleen T. Hogan sold 24,681 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $369.00, for a total transaction of $9,107,289.00. Following the completion of the transaction, the executive vice president now directly owns 183,761 shares in the company, valued at $67,807,809. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Bradford L. Smith sold 3,303 shares of the company’s 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 owns 570,826 shares of the company’s stock, valued at $231,823,855.12. The disclosure for this sale can be found here. In the last ninety days, insiders sold 72,984 shares of company stock worth $28,978,803. 0.03% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

MSFT has been the topic of a number of recent analyst reports. Truist Financial restated a “buy” rating on shares of Microsoft in a research note on Tuesday, January 23rd. Wedbush reiterated an “outperform” rating and issued a $450.00 price target on shares of Microsoft in a research report on Monday, January 29th. The Goldman Sachs Group boosted their price target on shares of Microsoft from $400.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Evercore ISI reiterated an “outperform” rating and issued a $432.00 price target on shares of Microsoft in a research report on Monday, November 20th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $410.00 price target on shares of Microsoft in a research report on Wednesday, October 25th. Four analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the company. Based on data from MarketBeat.com, Microsoft currently has an average rating of “Moderate Buy” and an average target price of $411.06.

View Our Latest Report on Microsoft

Microsoft Stock Up 1.6 %

MSFT opened at $420.55 on Friday. The business has a 50 day moving average price of $385.39 and a 200 day moving average price of $354.19. Microsoft Co. has a twelve month low of $245.61 and a twelve month high of $420.82. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.22. The firm has a market cap of $3.12 trillion, a P/E ratio of 38.02, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90.

Microsoft (NASDAQ:MSFTGet Free Report) last posted its earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $61.14 billion. During the same period in the previous year, the company earned $2.32 EPS. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. Research analysts forecast that Microsoft Co. will post 11.6 EPS for the current year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 14th. Investors of record on Thursday, February 15th will be issued a $0.75 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $3.00 annualized dividend and a yield of 0.71%. Microsoft’s dividend payout ratio (DPR) is currently 27.12%.

About Microsoft

(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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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