Sargent Investment Group LLC Reduces Position in Microsoft Co. (NASDAQ:MSFT)

Sargent Investment Group LLC decreased its holdings in Microsoft Co. (NASDAQ:MSFTFree Report) by 0.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,036 shares of the software giant’s stock after selling 190 shares during the period. Microsoft comprises approximately 3.4% of Sargent Investment Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Sargent Investment Group LLC’s holdings in Microsoft were worth $15,431,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Morris Financial Concepts Inc. raised its position in Microsoft by 0.9% during the 4th quarter. Morris Financial Concepts Inc. now owns 2,663 shares of the software giant’s stock worth $1,001,000 after purchasing an additional 25 shares during the last quarter. Sicart Associates LLC raised its position in Microsoft by 2.9% during the 4th quarter. Sicart Associates LLC now owns 926 shares of the software giant’s stock worth $348,000 after purchasing an additional 26 shares during the last quarter. Capital Wealth Management LLC raised its position in Microsoft by 1.7% during the 4th quarter. Capital Wealth Management LLC now owns 1,592 shares of the software giant’s stock worth $599,000 after purchasing an additional 26 shares during the last quarter. Mayfair Advisory Group LLC raised its position in shares of Microsoft by 0.7% in the 4th quarter. Mayfair Advisory Group LLC now owns 3,866 shares of the software giant’s stock worth $1,434,000 after acquiring an additional 27 shares in the last quarter. Finally, Marmo Financial Group LLC raised its position in shares of Microsoft by 2.8% in the 4th quarter. Marmo Financial Group LLC now owns 987 shares of the software giant’s stock worth $371,000 after acquiring an additional 27 shares in the last quarter. Institutional investors own 71.13% of the company’s stock.

Insider Activity

In other news, EVP Judson Althoff sold 25,000 shares of the firm’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the transaction, the executive vice president now directly owns 104,949 shares of the company’s stock, valued at $44,674,690.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $403.96, for a total transaction of $8,868,941.80. Following the completion of the transaction, the executive vice president now directly owns 159,764 shares in the company, valued at $64,538,265.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the transaction, the executive vice president now owns 104,949 shares of the company’s stock, valued at $44,674,690.32. The disclosure for this sale can be found here. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. KeyCorp assumed coverage on Microsoft in a research report on Thursday, March 21st. They issued an “overweight” rating and a $490.00 price objective for the company. Raymond James reissued an “outperform” rating and issued a $480.00 price objective (up from $450.00) on shares of Microsoft in a research report on Friday, April 26th. BMO Capital Markets lifted their price objective on Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a research report on Friday, April 12th. Royal Bank of Canada reissued an “outperform” rating and issued a $500.00 price objective on shares of Microsoft in a research report on Friday, May 24th. Finally, Morgan Stanley raised their target price on Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Three investment analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $456.83.

View Our Latest Report on MSFT

Microsoft Trading Down 3.4 %

Shares of MSFT stock opened at $414.67 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24. Microsoft Co. has a 52-week low of $309.45 and a 52-week high of $433.60. The company has a market capitalization of $3.08 trillion, a PE ratio of 35.90, a price-to-earnings-growth ratio of 2.27 and a beta of 0.89. The business’s fifty day moving average is $416.58 and its 200 day moving average is $400.40.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. The company had revenue of $61.86 billion for the quarter, compared to the consensus estimate of $60.86 billion. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The firm’s revenue was up 17.0% compared to the same quarter last year. During the same quarter last year, the business posted $2.45 earnings per share. On average, equities research analysts anticipate that Microsoft Co. will post 11.77 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be paid a dividend of $0.75 per share. The ex-dividend date is Wednesday, May 15th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.72%. Microsoft’s dividend payout ratio (DPR) is currently 25.97%.

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.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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