CFM Wealth Partners LLC Has $18.85 Million Stake in Microsoft Corporation (NASDAQ:MSFT)

CFM Wealth Partners LLC increased its stake in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 1.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 50,200 shares of the software giant's stock after acquiring an additional 480 shares during the quarter. Microsoft comprises 3.3% of CFM Wealth Partners LLC's holdings, making the stock its 5th largest holding. CFM Wealth Partners LLC's holdings in Microsoft were worth $18,845,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in MSFT. Ball & Co Wealth Management Inc. acquired a new position in Microsoft in the fourth quarter valued at approximately $31,000. Newton One Investments LLC lifted its stake in Microsoft by 66.7% in the first quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock valued at $28,000 after buying an additional 30 shares during the period. LSV Asset Management acquired a new position in Microsoft in the fourth quarter valued at approximately $44,000. Fairway Wealth LLC acquired a new position in Microsoft in the fourth quarter valued at approximately $62,000. Finally, IFS Advisors LLC lifted its stake in Microsoft by 50.0% in the first quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock valued at $57,000 after buying an additional 50 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Amy Coleman sold 13,243 shares of Microsoft stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the sale, the executive vice president directly owned 43,100 shares in the company, valued at approximately $19,481,631. This trade represents a 23.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Judson Althoff sold 16,000 shares of Microsoft stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $458.18, for a total value of $7,330,880.00. Following the completion of the sale, the executive vice president owned 98,010 shares in the company, valued at approximately $44,906,221.80. This represents a 14.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 54,743 shares of company stock valued at $24,921,913 in the last 90 days. 0.03% of the stock is owned by insiders.

Microsoft Price Performance

Shares of NASDAQ:MSFT traded down $9.32 on Wednesday, hitting $519.92. The company's stock had a trading volume of 12,415,974 shares, compared to its average volume of 22,236,322. The company has a 50-day simple moving average of $499.37 and a 200 day simple moving average of $439.35. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $555.45. The company has a market capitalization of $3.86 trillion, a PE ratio of 38.11, a PEG ratio of 2.28 and a beta of 1.06. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, beating analysts' consensus estimates of $3.35 by $0.30. The company had revenue of $76.44 billion for the quarter, compared to analysts' expectations of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%. Microsoft's revenue for the quarter was up 18.1% compared to the same quarter last year. During the same period last year, the firm posted $2.95 EPS. Sell-side analysts forecast that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio (DPR) is presently 24.34%.

Analyst Ratings Changes

Several research firms have recently commented on MSFT. BMO Capital Markets boosted their price objective on Microsoft from $550.00 to $650.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. The Goldman Sachs Group boosted their price objective on Microsoft from $480.00 to $550.00 and gave the company a "buy" rating in a report on Wednesday, May 21st. Wall Street Zen upgraded Microsoft from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Jefferies Financial Group boosted their price objective on Microsoft from $600.00 to $675.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Finally, JPMorgan Chase & Co. boosted their price objective on Microsoft from $465.00 to $475.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Two analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $609.86.

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.