Microsoft Co. (NASDAQ:MSFT) Shares Purchased by Copperwynd Financial LLC

Copperwynd Financial LLC increased its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 34.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,044 shares of the software giant's stock after purchasing an additional 3,098 shares during the period. Microsoft accounts for about 1.4% of Copperwynd Financial LLC's holdings, making the stock its 16th biggest position. Copperwynd Financial LLC's holdings in Microsoft were worth $5,076,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of the stock. Proficio Capital Partners LLC raised its holdings in Microsoft by 34,643.3% in the 4th quarter. Proficio Capital Partners LLC now owns 16,837,278 shares of the software giant's stock valued at $7,096,913,000 after acquiring an additional 16,788,816 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in Microsoft by 76.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 10,532,402 shares of the software giant's stock valued at $4,439,407,000 after acquiring an additional 4,568,539 shares during the last quarter. Geode Capital Management LLC raised its holdings in Microsoft by 2.0% in the 3rd quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock valued at $70,790,682,000 after acquiring an additional 3,264,648 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in 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 valued at $23,490,417,000 after acquiring an additional 2,125,030 shares during the last quarter. Finally, Strategic Financial Concepts LLC raised its holdings in Microsoft by 43,900.4% in the 4th quarter. Strategic Financial Concepts LLC now owns 2,042,499 shares of the software giant's stock valued at $860,913,000 after acquiring an additional 2,037,857 shares during the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Stock Performance

Shares of MSFT traded up $2.29 during mid-day trading on Thursday, reaching $454.86. 17,993,059 shares of the company's stock traded hands, compared to its average volume of 21,550,171. The business's 50-day moving average price is $399.71 and its 200-day moving average price is $413.31. The stock has a market capitalization of $3.38 trillion, a P/E ratio of 36.62, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. The company had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The business's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.94 earnings per share. Equities analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.73%. Microsoft's payout ratio is 25.66%.

Analyst Ratings Changes

Several brokerages have weighed in on MSFT. Benchmark reiterated a "buy" rating on shares of Microsoft in a report on Thursday, May 1st. Wall Street Zen upgraded Microsoft from a "hold" rating to a "buy" rating in a report on Thursday. Scotiabank upped their price objective on Microsoft from $470.00 to $500.00 and gave the stock a "sector outperform" rating in a report on Thursday, May 1st. BMO Capital Markets restated an "outperform" rating on shares of Microsoft in a report on Wednesday. Finally, DA Davidson upped their price objective on Microsoft from $450.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Four research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $513.13.

Insider Buying and Selling

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of Microsoft stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total value of $32,703,750.00. Following the transaction, the insider now owns 476,999 shares in the company, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, 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 transaction of $5,985,968.43. Following the completion of the transaction, the executive vice president now owns 43,100 shares in the company, valued at approximately $19,481,631. This trade represents a 23.50% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 131,743 shares of company stock valued at $58,375,673 over the last quarter. Corporate insiders own 0.03% of the company's stock.

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.