AdvisorNet Financial Inc Has $29.32 Million Stock Position in Microsoft Corporation $MSFT

Key Points

• AdvisorNet Financial Inc reduced its stake in Microsoft by 1.3%, now holding 58,951 shares valued at approximately $29.32 million, which accounts for 1.9% of its portfolio.
• CEO Satya Nadella sold 149,205 shares for about $75.32 million, representing a 15.87% decrease in his ownership of the company's stock which remains significant at 790,852 shares.
• Microsoft's quarterly dividend was increased to $0.91 per share, up from $0.83, with an annualized yield of 0.7%, reflecting the company's strong financial performance.

AdvisorNet Financial Inc cut its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 1.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,951 shares of the software giant's stock after selling 762 shares during the period. Microsoft comprises approximately 1.9% of AdvisorNet Financial Inc's portfolio, making the stock its 6th biggest holding. AdvisorNet Financial Inc's holdings in Microsoft were worth $29,323,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. CJM Wealth Advisers Ltd. grew its holdings in shares of Microsoft by 1.4% in the second quarter. CJM Wealth Advisers Ltd. now owns 4,987 shares of the software giant's stock valued at $2,480,000 after acquiring an additional 68 shares in the last quarter. Chris Bulman Inc grew its holdings in shares of Microsoft by 8.6% in the second quarter. Chris Bulman Inc now owns 2,928 shares of the software giant's stock valued at $1,456,000 after acquiring an additional 233 shares in the last quarter. IronOak Wealth LLC. bought a new position in shares of Microsoft in the second quarter valued at approximately $2,323,000. Legacy Capital Group California Inc. grew its holdings in shares of Microsoft by 16.8% in the second quarter. Legacy Capital Group California Inc. now owns 11,526 shares of the software giant's stock valued at $5,733,000 after acquiring an additional 1,660 shares in the last quarter. Finally, Financial Enhancement Group LLC grew its holdings in shares of Microsoft by 3.4% in the second quarter. Financial Enhancement Group LLC now owns 2,949 shares of the software giant's stock valued at $1,484,000 after acquiring an additional 96 shares in the last quarter. 71.13% of the stock is owned by institutional investors.

Insider Transactions at Microsoft

In other Microsoft news, CEO Satya Nadella sold 149,205 shares of the firm's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $504.78, for a total transaction of $75,315,699.90. Following the sale, the chief executive officer owned 790,852 shares in the company, valued at $399,206,272.56. This trade represents a 15.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Takeshi Numoto sold 4,850 shares of the firm's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $527.32, for a total value of $2,557,502.00. Following the sale, the executive vice president owned 39,111 shares in the company, valued at $20,624,012.52. The trade was a 11.03% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.03% of the company's stock.

Microsoft Trading Up 0.3%

Shares of MSFT stock opened at $517.35 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $555.45. The company has a market capitalization of $3.85 trillion, a PE ratio of 37.93, a price-to-earnings-growth ratio of 2.25 and a beta of 1.03. The business's fifty day moving average is $512.83 and its 200 day moving average is $466.63.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.35 by $0.30. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The company had revenue of $76.44 billion for the quarter, compared to the consensus estimate of $73.79 billion. During the same quarter last year, the business posted $2.95 earnings per share. The firm's revenue was up 18.1% compared to the same quarter last year. Microsoft has set its Q1 2026 guidance at EPS. On average, equities research analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.7%. This is a boost from Microsoft's previous quarterly dividend of $0.83. The ex-dividend date is Thursday, November 20th. Microsoft's dividend payout ratio (DPR) is 24.34%.

Wall Street Analyst Weigh In

MSFT has been the subject of several recent analyst reports. DA Davidson upped their target price on Microsoft from $600.00 to $650.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Wall Street Zen raised Microsoft from a "hold" rating to a "buy" rating in a report on Friday. Bank of America increased their price objective on Microsoft from $585.00 to $640.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Barclays reissued an "overweight" rating and set a $625.00 price objective on shares of Microsoft in a report on Friday, August 29th. Finally, Westpark Capital reissued a "hold" rating on shares of Microsoft in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Microsoft has an average rating of "Moderate Buy" and a consensus target price of $617.63.

About Microsoft

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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