Corundum Group Inc. Has $4.61 Million Holdings in Microsoft Corporation $MSFT

Key Points

• Corundum Group Inc. reduced its Microsoft stake by 18.3% in the first quarter, selling 2,797 shares and ending with 12,459 shares worth about $4.61 million. Microsoft now represents roughly 1.5% of the firm’s portfolio.
• Microsoft reported better-than-expected quarterly results, with EPS of $4.27 versus $4.06 expected and revenue of $82.89 billion versus $81.44 billion expected. Revenue rose 18.3% year over year, and the company continues to show strong profitability.
• Wall Street sentiment remains constructive: 41 analysts rate MSFT a Buy and six a Hold, with a consensus price target of $560.86. Microsoft also declared a quarterly dividend of $0.91 per share, yielding about 0.9% annually.

Corundum Group Inc. cut its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 18.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,459 shares of the software giant's stock after selling 2,797 shares during the period. Microsoft makes up approximately 1.5% of Corundum Group Inc.'s investment portfolio, making the stock its 14th largest holding. Corundum Group Inc.'s holdings in Microsoft were worth $4,612,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Longfellow Investment Management Co. LLC boosted its holdings in shares of Microsoft by 51.3% in the second quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant's stock valued at $29,000 after buying an additional 20 shares during the period. Bernzott Capital Advisors bought a new position in shares of Microsoft during the fourth quarter worth about $34,000. Timmons Wealth Management LLC acquired a new stake in Microsoft in the 4th quarter valued at approximately $36,000. Fairway Wealth LLC lifted its stake in Microsoft by 287.0% in the 4th quarter. Fairway Wealth LLC now owns 89 shares of the software giant's stock valued at $43,000 after acquiring an additional 66 shares in the last quarter. Finally, LSV Asset Management bought a new position in shares of Microsoft during the 4th quarter worth approximately $44,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have commented on MSFT. Barclays reissued an "overweight" rating on shares of Microsoft in a research report on Wednesday, June 3rd. Robert W. Baird dropped their target price on Microsoft from $540.00 to $500.00 and set an "outperform" rating on the stock in a report on Wednesday, April 15th. DZ Bank reissued a "buy" rating on shares of Microsoft in a research report on Thursday, April 30th. Weiss Ratings downgraded Microsoft from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday, March 24th. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of Microsoft in a research note on Monday, May 4th. Forty-one equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $560.86.

Microsoft Stock Performance

Shares of Microsoft stock opened at $384.28 on Thursday. Microsoft Corporation has a 1-year low of $349.20 and a 1-year high of $555.45. The company has a 50 day moving average of $407.66 and a 200-day moving average of $418.67. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of 0.08. The company has a market cap of $2.85 trillion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 1.34 and a beta of 1.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, April 29th. The software giant reported $4.27 earnings per share for the quarter, topping analysts' consensus estimates of $4.06 by $0.21. Microsoft had a net margin of 39.34% and a return on equity of 31.94%. The firm had revenue of $82.89 billion for the quarter, compared to analysts' expectations of $81.44 billion. During the same quarter in the previous year, the firm posted $3.46 earnings per share. The company's revenue was up 18.3% on a year-over-year basis. As a group, equities research analysts forecast that Microsoft Corporation will post 16.76 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.91 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. Microsoft's dividend payout ratio is 21.67%.

Insiders Place Their Bets

In related news, EVP Amy Coleman sold 1,262 shares of the business's stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $411.34, for a total transaction of $519,111.08. Following the transaction, the executive vice president owned 46,003 shares in the company, valued at $18,922,874.02. The trade was a 2.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Judson Althoff sold 15,500 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $460.99, for a total value of $7,145,345.00. Following the completion of the transaction, the chief executive officer owned 110,477 shares in the company, valued at approximately $50,928,792.23. The trade was a 12.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 23,762 shares of company stock worth $10,508,361. 0.03% of the stock is owned by corporate insiders.

Trending Headlines about Microsoft

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Haleon signed a new five-year collaboration with Microsoft to expand use of its AI, cloud, and data technologies, underscoring continued enterprise adoption of Microsoft’s AI stack. Article Title
• Positive Sentiment: A Jefferies CIO survey showed Azure widening its lead over AWS among U.S. CIOs, supporting the case that Microsoft’s cloud momentum remains intact. Article Title
• Positive Sentiment: Analysts remain constructive on the stock, with JMP Securities reaffirming an Outperform view after Copilot Cowork’s launch and other coverage pointing to Microsoft’s AI growth potential. Article Title
• Neutral Sentiment: Microsoft is still drawing investor attention as a long-term AI winner, but several commentary pieces argue the stock is also under pressure from higher valuation scrutiny and broad Magnificent 7 weakness. Article Title
• Negative Sentiment: Reports that Microsoft may cut thousands of jobs, including in Xbox, sales, and consulting, are fueling concern that heavy AI spending is pressuring margins and forcing cost reductions. Article Title
• Negative Sentiment: Investor class-action notices tied to alleged Copilot/Azure misrepresentations are adding legal overhang and keeping sentiment cautious around MSFT. Article Title

About Microsoft

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft's product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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