My Personal CFO LLC Sells 3,278 Shares of Microsoft Co. (NASDAQ:MSFT)

My Personal CFO LLC decreased its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 10.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,551 shares of the software giant’s stock after selling 3,278 shares during the quarter. Microsoft comprises approximately 6.7% of My Personal CFO LLC’s holdings, making the stock its 3rd biggest holding. My Personal CFO LLC’s holdings in Microsoft were worth $10,360,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Monumental Financial Group Inc. bought a new stake in shares of Microsoft in the 1st quarter worth about $28,000. Atlantic Private Wealth LLC increased its position in shares of Microsoft by 534.5% in the 2nd quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock worth $63,000 after purchasing an additional 155 shares during the last quarter. Hibernia Wealth Partners LLC bought a new stake in shares of Microsoft in the 3rd quarter worth about $69,000. Iron Horse Wealth Management LLC increased its position in shares of Microsoft by 89.0% in the 3rd quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after purchasing an additional 105 shares during the last quarter. Finally, MayTech Global Investments LLC bought a new stake in shares of Microsoft in the 4th quarter worth about $83,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Buying and Selling

In related news, insider Bradford L. Smith sold 45,000 shares of the firm’s stock in a transaction that occurred on Friday, February 2nd. The shares were 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 owns 574,129 shares of the company’s stock, valued at approximately $236,414,839.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Bradford L. Smith sold 45,000 shares of the firm’s stock in a transaction that occurred on Friday, February 2nd. The shares were 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 owns 574,129 shares of the company’s stock, valued at approximately $236,414,839.62. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the completion of the transaction, the insider now directly owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,070,258 shares of company stock worth $30,690,456. Corporate insiders own 0.03% of the company’s stock.

Microsoft Trading Down 1.3 %

Shares of NASDAQ:MSFT opened at $399.12 on Monday. The stock has a market capitalization of $2.97 trillion, a price-to-earnings ratio of 36.09, a PEG ratio of 2.13 and a beta of 0.89. Microsoft Co. has a 1-year low of $275.37 and a 1-year high of $430.82. 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 company has a 50 day moving average price of $414.86 and a 200 day moving average price of $385.79.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.17. The firm had revenue of $62.02 billion during the quarter, compared to analysts’ expectations of $61.14 billion. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period last year, the firm posted $2.32 earnings per share. On average, research analysts anticipate that Microsoft Co. will post 11.61 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be issued a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Wednesday, May 15th. Microsoft’s payout ratio is 27.12%.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of recent research reports. Morgan Stanley boosted their price objective on shares of Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Citigroup lowered their price objective on shares of Microsoft from $480.00 to $475.00 and set a “buy” rating for the company in a research report on Thursday. KeyCorp initiated coverage on shares of Microsoft in a research report on Thursday, March 21st. They set an “overweight” rating and a $490.00 price objective for the company. BMO Capital Markets boosted their price objective on shares of Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a research report on Friday, April 12th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $455.00 price objective on shares of Microsoft in a research report on Thursday, January 25th. Four analysts have rated the stock with a hold rating and thirty-five have given a buy rating to the stock. According to MarketBeat.com, Microsoft presently has a consensus rating of “Moderate Buy” and an average target price of $432.13.

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.