Microsoft Co. (NASDAQ:MSFT) Stock Position Lifted by Brady Family Wealth LLC

Brady Family Wealth LLC boosted its holdings in Microsoft Co. (NASDAQ:MSFTFree Report) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,141 shares of the software giant’s stock after purchasing an additional 637 shares during the period. Microsoft comprises 5.8% of Brady Family Wealth LLC’s holdings, making the stock its 2nd largest position. Brady Family Wealth LLC’s holdings in Microsoft were worth $16,975,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Friedenthal Financial purchased a new position in Microsoft in the fourth quarter worth $45,000. PayPay Securities Corp raised its stake in shares of Microsoft by 23.7% in the fourth quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock valued at $71,000 after buying an additional 36 shares during the period. Kathleen S. Wright Associates Inc. raised its stake in shares of Microsoft by 160.7% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 232 shares of the software giant’s stock valued at $87,000 after buying an additional 143 shares during the period. Authentikos Wealth Advisory LLC bought a new stake in shares of Microsoft in the third quarter valued at $87,000. Finally, Cordant Inc. raised its stake in shares of Microsoft by 647.8% in the fourth quarter. Cordant Inc. now owns 344 shares of the software giant’s stock valued at $129,000 after buying an additional 298 shares during the period. Hedge funds and other institutional investors own 71.13% of the company’s stock.

Insider Activity at Microsoft

In related news, EVP Kathleen T. Hogan sold 21,955 shares of the 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 sale, the executive vice president now directly owns 159,764 shares in the company, valued at approximately $64,538,265.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Microsoft news, CMO Takeshi Numoto sold 322 shares of the stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of $416.60, for a total value of $134,145.20. Following the completion of the sale, the chief marketing officer now owns 47,255 shares in the company, valued at approximately $19,686,433. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Kathleen T. Hogan sold 21,955 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the completion of the sale, 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. Insiders sold 47,521 shares of company stock worth $19,746,476 in the last ninety days. 0.03% of the stock is owned by company insiders.

Microsoft Price Performance

MSFT opened at $424.52 on Friday. The stock has a 50-day moving average price of $416.13 and a 200-day moving average price of $402.07. Microsoft Co. has a 12-month low of $309.45 and a 12-month high of $433.60. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $3.16 trillion, a P/E ratio of 36.76, a PEG ratio of 2.20 and a beta of 0.89.

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

Microsoft Announces Dividend

The business 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 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio is presently 25.97%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Citigroup lowered their target price on Microsoft from $480.00 to $475.00 and set a “buy” rating on the stock in a research note on Thursday, April 18th. Raymond James restated an “outperform” rating and issued a $480.00 target price (up from $450.00) on shares of Microsoft in a research note on Friday, April 26th. Sanford C. Bernstein boosted their target price on Microsoft from $465.00 to $489.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Evercore ISI boosted their price objective on Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Finally, Wedbush reiterated an “outperform” rating and set a $500.00 price objective on shares of Microsoft in a research note on Wednesday, May 22nd. Three investment analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $457.91.

Check Out Our Latest Research Report on MSFT

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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