Truxt Investmentos Ltda. Makes New Investment in Microsoft Co. (NASDAQ:MSFT)

Truxt Investmentos Ltda. acquired a new stake in shares of Microsoft Co. (NASDAQ:MSFTFree Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 25,856 shares of the software giant’s stock, valued at approximately $11,126,000. Microsoft accounts for about 7.5% of Truxt Investmentos Ltda.’s investment portfolio, making the stock its 4th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Christopher J. Hasenberg Inc increased its position in Microsoft by 169.2% in the second quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant’s stock worth $31,000 after purchasing an additional 44 shares during the last quarter. Quarry LP bought a new position in shares of Microsoft in the 2nd quarter valued at about $45,000. Innealta Capital LLC purchased a new position in Microsoft in the second quarter worth about $75,000. Carolina Wealth Advisors LLC increased its stake in Microsoft by 10.1% during the third quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant’s stock worth $145,000 after acquiring an additional 31 shares during the last quarter. Finally, MayTech Global Investments LLC purchased a new stake in Microsoft during the second quarter valued at approximately $200,000. 71.13% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on MSFT shares. Wedbush restated an “outperform” rating and set a $550.00 price target on shares of Microsoft in a report on Tuesday, November 19th. TD Cowen lowered their target price on shares of Microsoft from $495.00 to $475.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Stifel Nicolaus upped their target price on Microsoft from $475.00 to $515.00 and gave the company a “buy” rating in a research note on Wednesday, December 18th. Morgan Stanley raised their price target on shares of Microsoft from $506.00 to $548.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st. Finally, DA Davidson lowered shares of Microsoft from a “buy” rating to a “neutral” rating and set a $475.00 target price on the stock. in a research report on Monday, September 23rd. Three research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $511.62.

Get Our Latest Stock Report on Microsoft

Insiders Place Their Bets

In other news, CMO Takeshi Numoto sold 1,000 shares of the firm’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $414.72, for a total transaction of $414,720.00. Following the completion of the transaction, the chief marketing officer now directly owns 57,511 shares in the company, valued at $23,850,961.92. This trade represents a 1.71 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $417.00, for a total value of $10,425,000.00. Following the completion of the sale, the executive vice president now owns 117,294 shares in the company, valued at $48,911,598. This represents a 17.57 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 41,200 shares of company stock valued at $17,383,892 over the last 90 days. 0.03% of the stock is owned by company insiders.

Microsoft Trading Down 0.4 %

MSFT opened at $415.67 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.30 and a quick ratio of 1.29. The company’s 50 day simple moving average is $429.08 and its two-hundred day simple moving average is $426.72. The firm has a market capitalization of $3.09 trillion, a price-to-earnings ratio of 34.30, a price-to-earnings-growth ratio of 2.37 and a beta of 0.90. Microsoft Co. has a 1-year low of $384.81 and a 1-year high of $468.35.

Microsoft (NASDAQ:MSFTGet Free Report) last posted its earnings results on Wednesday, October 30th. The software giant reported $3.30 earnings per share for the quarter, beating the consensus estimate of $3.10 by $0.20. The company had revenue of $65.59 billion for the quarter, compared to analyst estimates of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. Microsoft’s revenue was up 16.0% on a year-over-year basis. During the same period in the previous year, the business posted $2.99 EPS. Analysts expect that Microsoft Co. will post 12.93 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be given a $0.83 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a yield of 0.80%. Microsoft’s payout ratio is currently 27.39%.

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.

Featured Stories

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Co. (NASDAQ:MSFTFree Report).

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.