Microsoft Co. (NASDAQ:MSFT) Stock Position Trimmed by Raab & Moskowitz Asset Management LLC

Raab & Moskowitz Asset Management LLC lessened its holdings in shares of Microsoft Co. (NASDAQ:MSFTFree Report) by 1.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,389 shares of the software giant’s stock after selling 514 shares during the quarter. Microsoft accounts for 3.8% of Raab & Moskowitz Asset Management LLC’s portfolio, making the stock its 4th largest position. Raab & Moskowitz Asset Management LLC’s holdings in Microsoft were worth $10,858,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. Capital Advantage Inc. grew its stake in Microsoft by 1.1% during the 3rd quarter. Capital Advantage Inc. now owns 17,116 shares of the software giant’s stock worth $5,405,000 after buying an additional 181 shares during the last quarter. Capital Insight Partners LLC grew its stake in Microsoft by 7.3% during the 3rd quarter. Capital Insight Partners LLC now owns 19,789 shares of the software giant’s stock worth $6,248,000 after buying an additional 1,349 shares during the last quarter. Safeguard Financial LLC grew its stake in Microsoft by 81.3% during the 3rd quarter. Safeguard Financial LLC now owns 4,961 shares of the software giant’s stock worth $1,567,000 after buying an additional 2,224 shares during the last quarter. Annapolis Financial Services LLC grew its stake in Microsoft by 3.7% during the 3rd quarter. Annapolis Financial Services LLC now owns 3,761 shares of the software giant’s stock worth $1,188,000 after buying an additional 135 shares during the last quarter. Finally, Sequent Asset Management LLC grew its stake in Microsoft by 2.3% during the 3rd quarter. Sequent Asset Management LLC now owns 2,198 shares of the software giant’s stock worth $694,000 after buying an additional 50 shares during the last quarter. Institutional investors and hedge funds own 69.20% of the company’s stock.

Insider Transactions at Microsoft

In other news, EVP Kathleen T. Hogan sold 24,681 shares of the stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $369.00, for a total value of $9,107,289.00. Following the completion of the transaction, the executive vice president now directly owns 183,761 shares of the company’s stock, valued at approximately $67,807,809. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, EVP Kathleen T. Hogan sold 24,681 shares of the firm’s stock in a transaction 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 sale, the executive vice president now directly owns 183,761 shares of the company’s stock, valued at approximately $67,807,809. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Bradford L. Smith sold 3,303 shares of the firm’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $406.12, for a total value of $1,341,414.36. Following the sale, the insider now directly 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 valued at $28,978,803. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MSFT. Argus upped their price objective on Microsoft from $390.00 to $430.00 and gave the stock a “buy” rating in a research note on Tuesday, December 5th. Mizuho upped their price objective on Microsoft from $420.00 to $450.00 and gave the company a “buy” rating in a report on Friday, December 15th. HSBC upgraded Microsoft from a “hold” rating to a “buy” rating and upped their price objective for the company from $347.00 to $413.00 in a report on Thursday, October 26th. Raymond James upped their price objective on Microsoft from $400.00 to $450.00 and gave the company an “outperform” rating in a report on Wednesday, January 31st. Finally, Citigroup upped their price objective on Microsoft from $430.00 to $432.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Four analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $411.06.

Read Our Latest Stock Analysis on MSFT

Microsoft Price Performance

Shares of MSFT stock opened at $420.55 on Friday. Microsoft Co. has a 12 month low of $245.61 and a 12 month high of $420.82. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. The stock has a 50 day moving average of $385.39 and a two-hundred day moving average of $354.19. The company has a market capitalization of $3.12 trillion, a P/E ratio of 38.02, a P/E/G ratio of 2.21 and a beta of 0.90.

Microsoft (NASDAQ:MSFTGet Free Report) last issued 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 business had revenue of $62.02 billion during the quarter, compared to analysts’ expectations of $61.14 billion. During the same period in the prior year, the firm posted $2.32 EPS. Microsoft’s quarterly revenue was up 17.6% compared to the same quarter last year. As a group, equities analysts expect 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. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.71%. Microsoft’s payout ratio is presently 27.12%.

Microsoft Company 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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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