Capasso Planning Partners LLC Sells 1,806 Shares of Microsoft Co. (NASDAQ:MSFT)

Capasso Planning Partners LLC reduced its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 29.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,388 shares of the software giant's stock after selling 1,806 shares during the quarter. Microsoft makes up about 0.7% of Capasso Planning Partners LLC's holdings, making the stock its 27th biggest holding. Capasso Planning Partners LLC's holdings in Microsoft were worth $1,850,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Geode Capital Management LLC grew its position in shares of Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock worth $70,790,682,000 after buying an additional 3,264,648 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Microsoft by 4.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock worth $23,490,417,000 after buying an additional 2,125,030 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Microsoft by 3.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 49,052,704 shares of the software giant's stock worth $20,675,715,000 after buying an additional 1,823,579 shares during the period. Franklin Resources Inc. grew its position in shares of Microsoft by 1.1% in the 3rd quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock worth $16,104,959,000 after buying an additional 406,940 shares during the period. Finally, Fisher Asset Management LLC grew its position in shares of Microsoft by 1.2% in the 4th quarter. Fisher Asset Management LLC now owns 28,228,502 shares of the software giant's stock worth $11,898,314,000 after buying an additional 324,052 shares during the period. 71.13% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Microsoft

In other news, EVP Amy Coleman sold 13,243 shares of the stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $452.01, for a total value of $5,985,968.43. Following the transaction, the executive vice president now owns 43,100 shares in the company, valued at $19,481,631. This represents a 23.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Bradford L. Smith sold 6,000 shares of the stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the completion of the transaction, the insider now owns 471,036 shares in the company, valued at $204,038,664.12. This trade represents a 1.26% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 131,743 shares of company stock worth $58,375,673 in the last quarter. Company insiders own 0.03% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on MSFT. Citigroup upped their target price on shares of Microsoft from $480.00 to $540.00 and gave the stock a "buy" rating in a research report on Thursday, May 15th. Wells Fargo & Company upped their price target on shares of Microsoft from $500.00 to $515.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Piper Sandler reiterated an "overweight" rating on shares of Microsoft in a research note on Wednesday. Barclays upped their price target on shares of Microsoft from $430.00 to $494.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Finally, Tigress Financial upped their price target on shares of Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research note on Thursday, March 20th. Four equities research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $513.13.

Microsoft Stock Performance

Shares of NASDAQ MSFT traded up $2.29 during trading on Thursday, reaching $454.86. 17,993,059 shares of the company traded hands, compared to its average volume of 21,550,182. The firm has a 50 day simple moving average of $401.04 and a 200-day simple moving average of $413.59. 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 stock has a market capitalization of $3.38 trillion, a PE ratio of 36.62, a P/E/G ratio of 2.21 and a beta of 0.99. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The firm had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. During the same quarter in the prior year, the business earned $2.94 EPS. The business's quarterly revenue was up 13.3% on a year-over-year basis. Equities research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The firm 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 $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

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.