Alpha Wealth Funds LLC Makes New $640,000 Investment in Microsoft Corporation (NASDAQ:MSFT)

Alpha Wealth Funds LLC bought a new stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,506 shares of the software giant's stock, valued at approximately $640,000. Microsoft accounts for 0.6% of Alpha Wealth Funds LLC's holdings, making the stock its 26th largest holding.

Other large investors have also modified their holdings of the company. Ball & Co Wealth Management Inc. bought a new stake in shares of Microsoft during the fourth quarter valued at approximately $31,000. Fiduciary Advisors Inc. bought a new position in Microsoft in the fourth quarter worth approximately $38,000. IFS Advisors LLC raised its stake in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after buying an additional 35 shares in the last quarter. LSV Asset Management bought a new position in Microsoft in the fourth quarter worth approximately $44,000. Finally, Fairway Wealth LLC bought a new position in Microsoft in the fourth quarter worth approximately $62,000. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Price Performance

Shares of MSFT traded up $4.11 during mid-day trading on Tuesday, hitting $490.11. 22,297,193 shares of the company were exchanged, compared to its average volume of 21,554,639. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $491.80. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.36 and a current ratio of 1.37. The company has a 50 day moving average of $439.81 and a 200-day moving average of $420.58. The stock has a market cap of $3.64 trillion, a price-to-earnings ratio of 37.88, a price-to-earnings-growth ratio of 2.47 and a beta of 1.03.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. The company had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. Microsoft's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.94 EPS. Analysts expect that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be issued a $0.83 dividend. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.68%. Microsoft's payout ratio is 25.66%.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Jefferies Financial Group boosted their price objective on shares of Microsoft from $475.00 to $550.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. BMO Capital Markets reissued an "outperform" rating on shares of Microsoft in a research note on Wednesday, May 21st. Stifel Nicolaus boosted their price objective on shares of Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Cantor Fitzgerald boosted their price objective on shares of Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Finally, Raymond James Financial upped their price target on Microsoft from $480.00 to $490.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating and thirty have given a buy rating to the company's stock. According to data from MarketBeat, Microsoft has an average rating of "Moderate Buy" and an average target price of $515.68.

Insider Buying and Selling at Microsoft

In other news, EVP Takeshi Numoto sold 3,000 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total value of $1,389,000.00. Following the completion of the sale, the executive vice president now owns 43,930 shares of the company's stock, valued at $20,339,590. This represents a 6.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Bradford L. Smith sold 75,000 shares of the stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the completion of the sale, the insider now directly owns 476,999 shares of the company's stock, valued at approximately $207,995,413.95. This trade represents a 13.59% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 135,743 shares of company stock worth $60,224,683. Insiders own 0.03% of the company's stock.

Microsoft 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.