Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Blankinship & Foster LLC

Blankinship & Foster LLC boosted its position in Microsoft Co. (NASDAQ:MSFTFree Report) by 11.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,932 shares of the software giant’s stock after purchasing an additional 200 shares during the period. Blankinship & Foster LLC’s holdings in Microsoft were worth $727,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Morris Financial Concepts Inc. boosted its holdings in shares of Microsoft by 0.9% in the 4th quarter. Morris Financial Concepts Inc. now owns 2,663 shares of the software giant’s stock valued at $1,001,000 after purchasing an additional 25 shares during the last quarter. Innova Wealth Partners boosted its holdings in shares of Microsoft by 0.6% in the 4th quarter. Innova Wealth Partners now owns 4,239 shares of the software giant’s stock valued at $1,594,000 after purchasing an additional 25 shares during the last quarter. Sicart Associates LLC boosted its holdings in shares of Microsoft by 2.9% in the 4th quarter. Sicart Associates LLC now owns 926 shares of the software giant’s stock valued at $348,000 after purchasing an additional 26 shares during the last quarter. Capital Wealth Management LLC boosted its holdings in shares of Microsoft by 1.7% in the 4th quarter. Capital Wealth Management LLC now owns 1,592 shares of the software giant’s stock valued at $599,000 after purchasing an additional 26 shares during the last quarter. Finally, Mayfair Advisory Group LLC boosted its holdings 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 valued at $1,434,000 after purchasing an additional 27 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insiders Place Their Bets

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total value of $10,642,000.00. Following the completion of the transaction, the executive vice president now owns 104,949 shares in the company, valued at approximately $44,674,690.32. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total value of $10,642,000.00. Following the completion of the transaction, the executive vice president now owns 104,949 shares in the company, valued at approximately $44,674,690.32. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Kathleen T. Hogan sold 21,955 shares of the company’s stock in a transaction dated Monday, March 11th. The stock was 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 owns 159,764 shares of the company’s stock, valued at approximately $64,538,265.44. The disclosure for this sale can be found here. In the last 90 days, insiders sold 47,521 shares of company stock worth $19,746,476. Insiders own 0.03% of the company’s stock.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $424.52 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.24 and a debt-to-equity ratio of 0.17. Microsoft Co. has a fifty-two week low of $309.45 and a fifty-two week high of $433.60. The firm has a 50-day simple moving average of $416.13 and a 200 day simple moving average of $402.07. The company has a market cap of $3.16 trillion, a PE ratio of 36.76, a P/E/G ratio of 2.20 and a beta of 0.89.

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

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio is presently 25.97%.

Analyst Upgrades and Downgrades

MSFT has been the topic of a number of research analyst reports. DA Davidson reiterated a “buy” rating and issued a $500.00 price target on shares of Microsoft in a report on Friday, March 15th. Evercore ISI lifted their target price on shares of Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Piper Sandler restated an “overweight” rating and set a $465.00 target price (up previously from $455.00) on shares of Microsoft in a report on Friday, April 26th. Stifel Nicolaus restated a “buy” rating and set a $455.00 target price on shares of Microsoft in a report on Monday, April 22nd. Finally, Citigroup reduced their target price on shares of Microsoft from $480.00 to $475.00 and set a “buy” rating on the stock in a report on Thursday, April 18th. Three investment analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $457.91.

View Our Latest Stock Report on MSFT

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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