Navis Wealth Advisors LLC Purchases 31 Shares of Microsoft Co. (NASDAQ:MSFT)

Navis Wealth Advisors LLC boosted its stake in Microsoft Co. (NASDAQ:MSFTFree Report) by 2.1% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,507 shares of the software giant’s stock after acquiring an additional 31 shares during the quarter. Navis Wealth Advisors LLC’s holdings in Microsoft were worth $476,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Pathway Financial Advisors LLC grew its stake in Microsoft by 3.4% in the 3rd quarter. Pathway Financial Advisors LLC now owns 6,412 shares of the software giant’s stock valued at $2,025,000 after acquiring an additional 210 shares during the period. Trevian Wealth Management LLC acquired a new stake in Microsoft during the 3rd quarter worth $2,066,000. Bogart Wealth LLC boosted its stake in Microsoft by 2.2% during the 3rd quarter. Bogart Wealth LLC now owns 60,518 shares of the software giant’s stock worth $19,109,000 after purchasing an additional 1,327 shares during the last quarter. Wolff Financial Management LLC acquired a new stake in Microsoft during the 3rd quarter worth $2,079,000. Finally, Oakwell Private Wealth Management LLC boosted its stake in Microsoft by 0.8% during the 3rd quarter. Oakwell Private Wealth Management LLC now owns 4,933 shares of the software giant’s stock worth $1,558,000 after purchasing an additional 38 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 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 sale, the executive vice president now owns 183,761 shares in the company, valued at $67,807,809. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Bradford L. Smith sold 45,000 shares of the company’s stock in a transaction that occurred on 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 owns 574,129 shares in the company, valued at $236,414,839.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value of $9,107,289.00. Following the sale, the executive vice president now owns 183,761 shares of the company’s stock, valued at approximately $67,807,809. The disclosure for this sale can be found here. Insiders sold 72,984 shares of company stock worth $28,978,803 over the last 90 days. 0.03% of the stock is currently owned by insiders.

Microsoft Price Performance

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

Microsoft (NASDAQ:MSFTGet Free Report) last posted its quarterly earnings data on Tuesday, January 30th. The software giant reported $2.93 earnings per share for the quarter, beating the consensus estimate of $2.76 by $0.17. The business had revenue of $62.02 billion during the quarter, compared to the consensus estimate of $61.14 billion. Microsoft had a return on equity of 38.40% and a net margin of 36.27%. The company’s revenue was up 17.6% compared to the same quarter last year. During the same period in the prior year, the company earned $2.32 earnings per share. As a group, equities analysts anticipate that Microsoft Co. will post 11.6 EPS for the current year.

Microsoft Dividend Announcement

The company also recently disclosed 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. This represents a $3.00 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Wednesday, February 14th. Microsoft’s payout ratio is currently 27.12%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Citigroup boosted their price target on shares of Microsoft from $430.00 to $432.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Raymond James boosted their price target on shares of Microsoft from $400.00 to $450.00 and gave the company an “outperform” rating in a research report on Wednesday, January 31st. Argus boosted their price target on shares of Microsoft from $390.00 to $430.00 and gave the company a “buy” rating in a research report on Tuesday, December 5th. Piper Sandler reissued an “overweight” rating and set a $455.00 price target on shares of Microsoft in a research report on Thursday, January 25th. Finally, The Goldman Sachs Group boosted their price target on shares of Microsoft from $400.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. Four equities research analysts have rated the stock with a hold rating and thirty-six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $411.06.

View Our Latest Analysis on MSFT

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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