6,121 Microsoft Corporation $MSFT Shares Purchased by Pinnacle Wealth Management Advisory Group LLC

Key Points

• Pinnacle Wealth Management increased its Microsoft stake by 7.4% in the second quarter, adding 6,121 shares to hold 88,637 shares worth about $33.1 million. Institutional investors and hedge funds own 71.13% of Microsoft stock.
• Analysts remain broadly positive: Microsoft has a “Moderate Buy” consensus rating and an average price target of $609.54, with some firms raising targets to $650.
• Microsoft beat quarterly earnings and revenue estimates, with revenue up 18.8% year over year, and raised its quarterly dividend from $0.91 to $0.98 per share. Insiders, meanwhile, sold a combined 135,504 shares worth about $68.1 million over the past 90 days.

Pinnacle Wealth Management Advisory Group LLC boosted its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 7.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 88,637 shares of the software giant's stock after buying an additional 6,121 shares during the quarter. Microsoft accounts for approximately 2.0% of Pinnacle Wealth Management Advisory Group LLC's portfolio, making the stock its 11th largest holding. Pinnacle Wealth Management Advisory Group LLC's holdings in Microsoft were worth $33,063,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Box Hill Private Wealth LLC increased its stake in Microsoft by 0.5% in the 2nd quarter. Box Hill Private Wealth LLC now owns 4,272 shares of the software giant's stock valued at $1,593,000 after purchasing an additional 21 shares in the last quarter. Strategic Wealth Advisors LLC raised its holdings in Microsoft by 1.7% during the second quarter. Strategic Wealth Advisors LLC now owns 1,473 shares of the software giant's stock worth $549,000 after purchasing an additional 24 shares during the last quarter. Lee Johnson Capital Management LLC boosted its position in Microsoft by 3.8% during the second quarter. Lee Johnson Capital Management LLC now owns 687 shares of the software giant's stock worth $256,000 after purchasing an additional 25 shares in the last quarter. Mann Financial Group Inc. boosted its position in Microsoft by 1.3% during the second quarter. Mann Financial Group Inc. now owns 1,921 shares of the software giant's stock worth $717,000 after purchasing an additional 25 shares in the last quarter. Finally, Riverpoint Wealth Management Holdings LLC boosted its position in Microsoft by 0.5% during the first quarter. Riverpoint Wealth Management Holdings LLC now owns 5,543 shares of the software giant's stock worth $2,052,000 after purchasing an additional 26 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on MSFT. DA Davidson upped their target price on Microsoft from $550.00 to $650.00 and gave the company a "buy" rating in a report on Thursday, October 29th. Benchmark reaffirmed a "buy" rating on shares of Microsoft in a research note on Friday, July 24th. Bank of America boosted their price objective on shares of Microsoft from $500.00 to $600.00 and gave the stock a "buy" rating in a research report on Tuesday, September 1st. William Blair initiated coverage on shares of Microsoft in a research note on Monday, October 5th. They issued an "outperform" rating on the stock. Finally, Stifel Nicolaus raised their target price on shares of Microsoft from $575.00 to $650.00 and gave the company a "buy" rating in a report on Thursday, October 29th. One analyst has rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $609.54.

Insiders Place Their Bets

In related news, EVP Amy Hood sold 7,305 shares of Microsoft stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $545.42, for a total transaction of $3,984,293.10. Following the completion of the sale, the executive vice president owned 555,396 shares in the company, valued at approximately $302,924,086.32. This trade represents a 1.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satya Nadella sold 86,525 shares of the business's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $501.46, for a total transaction of $43,388,826.50. Following the completion of the transaction, the chief executive officer directly owned 486,763 shares of the company's stock, valued at $244,092,173.98. The trade was a 15.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 135,504 shares of company stock worth $68,138,024. Corporate insiders own 0.03% of the company's stock.

Microsoft Price Performance

MSFT stock opened at $520.99 on Wednesday. The stock's 50 day moving average price is $514.06 and its 200 day moving average price is $438.92. The firm has a market cap of $3.87 trillion, a P/E ratio of 27.19, a PEG ratio of 1.56 and a beta of 1.05. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.21 and a current ratio of 1.22. Microsoft Corporation has a 1 year low of $349.20 and a 1 year high of $551.15.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The software giant reported $4.89 earnings per share for the quarter, topping the consensus estimate of $4.72 by $0.17. Microsoft had a return on equity of 31.28% and a net margin of 41.17%. The company had revenue of $92.28 billion during the quarter, compared to the consensus estimate of $90.62 billion. During the same quarter last year, the business posted $4.13 earnings per share. Microsoft's revenue was up 18.8% compared to the same quarter last year. On average, sell-side analysts expect that Microsoft Corporation will post 19.86 earnings per share for the current fiscal year.

Microsoft Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be given a $0.98 dividend. This is an increase from Microsoft's previous quarterly dividend of $0.91. This represents a $3.92 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, November 19th. Microsoft's dividend payout ratio (DPR) is currently 19.00%.

Key Stories Impacting Microsoft

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Azure’s reported 48% growth helped lift Microsoft amid an AI-related tech rebound. Commentary also points to AI demand exceeding available capacity and argues Microsoft can fund its expansion from strong cash flow—an advantage as investors scrutinize rivals’ borrowing and spending. Article: What's Going on with Microsoft Stock on Tuesday? Article: Why Microsoft Was Rewarded for Spending Less on AI
• Positive Sentiment: Microsoft’s AI tools may reach a broader base of PC users: the company says AI can run on a computer with 8GB of memory, potentially supporting adoption of Copilot and related services. Article: AI on an 8GB PC? Yes, Says Microsoft
• Neutral Sentiment: Xbox’s reveal of a new Elder Scrolls title drew attention to Microsoft’s gaming business, but the article provides no indication of near-term financial impact. Article: Microsoft Stock Rises After The Elder Scrolls VI: Sentinel Reveal
• Negative Sentiment: A Seeking Alpha contributor downgraded Microsoft, arguing that the easiest gains may be behind the stock—an assessment that could temper expectations after its recent strength. Article: Microsoft: The Easy Gains Are Already Over (Downgrade)
• Negative Sentiment: Microsoft’s reported $45.2 billion in quarterly capital spending, largely for AI, underscores the risk that infrastructure costs could weigh on cash flow before returns fully materialize. Reports of buyouts offered to roughly 60,000 employees may also prompt questions about workforce changes. Article: 5 questions to ask if your boss offers you a buyout

About Microsoft

Microsoft Corporation NASDAQ: MSFT is a global technology company that develops software, cloud services, devices and digital platforms. Its products and services are used by consumers, businesses, governments and educational institutions worldwide.

The company's principal offerings include the Windows operating system; Microsoft 365 productivity applications such as Word, Excel, Teams and Outlook; Azure cloud computing and infrastructure services; Dynamics business applications; and enterprise security solutions.

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