5,000 Shares in Microsoft Co. (NASDAQ:MSFT) Bought by Birnam Oak Advisors LP

Birnam Oak Advisors LP bought a new stake in Microsoft Co. (NASDAQ:MSFT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,000 shares of the software giant's stock, valued at approximately $2,108,000. Microsoft makes up about 1.0% of Birnam Oak Advisors LP's investment portfolio, making the stock its 19th largest position.

Several other large investors have also recently bought and sold shares of MSFT. Fiduciary Advisors Inc. bought a new stake in shares of Microsoft during the 4th quarter worth about $38,000. IFS Advisors LLC raised its stake in Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after purchasing an additional 35 shares in the last quarter. Avondale Wealth Management raised its stake in Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after purchasing an additional 65 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new stake in Microsoft in the 3rd quarter worth about $62,000. Finally, Fairway Wealth LLC acquired a new stake in Microsoft in the 4th quarter worth about $62,000. Institutional investors own 71.13% of the company's stock.

Insider Transactions at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of the business's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $436.05, for a total value of $32,703,750.00. Following the sale, the insider now directly owns 476,999 shares in the company, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathleen T. Hogan sold 21,500 shares of the business's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total value of $9,756,055.00. Following the sale, the executive vice president now owns 134,888 shares in the company, valued at approximately $61,208,127.76. The trade was a 13.75% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 131,743 shares of company stock valued at $58,375,673. 0.03% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Evercore ISI set a $515.00 price objective on shares of Microsoft and gave the stock an "outperform" rating in a research report on Wednesday, May 21st. Citigroup upped their price objective on shares of Microsoft from $480.00 to $540.00 and gave the company a "buy" rating in a research note on Thursday, May 15th. UBS Group cut their target price on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Morgan Stanley upped their price objective on shares of Microsoft from $472.00 to $482.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Finally, Westpark Capital reiterated a "hold" rating on shares of Microsoft in a report on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the stock. According to MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and an average target price of $513.13.

Microsoft Price Performance

Shares of Microsoft stock traded down $0.90 on Wednesday, hitting $459.79. The company's stock had a trading volume of 2,467,567 shares, compared to its average volume of 21,511,920. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The firm has a fifty day moving average price of $405.09 and a 200-day moving average price of $414.29. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35. The company has a market capitalization of $3.42 trillion, a P/E ratio of 37.05, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. During the same quarter last year, the business earned $2.94 EPS. Microsoft's revenue for the quarter was up 13.3% on a year-over-year basis. On average, equities research analysts expect that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.72%. Microsoft's dividend payout ratio is currently 25.66%.

Microsoft Company 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.