Crowley Wealth Management Inc. Purchases Shares of 10,631 Microsoft Co. (NASDAQ:MSFT)

Crowley Wealth Management Inc. bought a new position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 10,631 shares of the software giant's stock, valued at approximately $4,481,000. Microsoft accounts for approximately 4.0% of Crowley Wealth Management Inc.'s holdings, making the stock its 7th largest position.

Several other hedge funds have also recently bought and sold shares of MSFT. Fiduciary Advisors Inc. bought a new position in shares of Microsoft in the fourth quarter valued at $38,000. IFS Advisors LLC lifted its holdings in Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after purchasing an additional 35 shares during the last quarter. Avondale Wealth Management lifted its holdings in shares of Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after buying an additional 65 shares in the last quarter. Fairway Wealth LLC acquired a new stake in shares of Microsoft during the fourth quarter worth $62,000. Finally, Kieckhefer Group LLC acquired a new stake in shares of Microsoft during the fourth quarter worth $141,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Microsoft

In related news, EVP Amy Coleman sold 13,243 shares of the firm's 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 sale, the executive vice president now directly owns 43,100 shares of the company's stock, valued at $19,481,631. This trade represents a 23.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Takeshi Numoto sold 1,000 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $460.01, for a total transaction of $460,010.00. Following the completion of the sale, the executive vice president now directly owns 47,058 shares in the company, valued at $21,647,150.58. This represents a 2.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 132,743 shares of company stock valued at $58,835,683. 0.03% of the stock is currently owned by corporate insiders.

Microsoft Stock Performance

MSFT traded up $1.00 during trading on Tuesday, hitting $462.97. 15,728,451 shares of the company traded hands, compared to its average volume of 21,478,075. The firm has a market cap of $3.44 trillion, a P/E ratio of 37.28, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. The stock's fifty day moving average is $411.89 and its 200 day moving average is $415.62. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35.

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 the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company's revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.94 earnings per share. As a group, equities analysts predict that Microsoft Co. 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, June 12th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.72%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on MSFT shares. UBS Group dropped their price target on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research note on Monday, April 14th. KeyCorp reissued a "sector weight" rating on shares of Microsoft in a report on Thursday, April 17th. DA Davidson boosted their target price on shares of Microsoft from $450.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Bank of America reduced their target price on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Finally, Jefferies Financial Group boosted their price target on shares of Microsoft from $475.00 to $550.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. According to data from MarketBeat, Microsoft presently has an average rating of "Moderate Buy" and an average target price of $513.13.

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.