Curio Wealth LLC Purchases Shares of 2,282 Microsoft Co. (NASDAQ:MSFT)

Curio Wealth LLC purchased a new stake in Microsoft Co. (NASDAQ:MSFT - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,282 shares of the software giant's stock, valued at approximately $962,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Muirfield Wealth Advisors LLC increased its position in Microsoft by 0.5% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock worth $1,866,000 after acquiring an additional 24 shares during the period. Retirement Financial Solutions LLC increased its position in Microsoft by 2.3% during the fourth quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock worth $443,000 after acquiring an additional 24 shares during the period. Boulder Wealth Advisors LLC increased its position in Microsoft by 1.0% during the third quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant's stock worth $1,106,000 after acquiring an additional 25 shares during the period. Sterling Group Wealth Management LLC increased its position in Microsoft by 0.5% during the fourth quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock worth $2,335,000 after acquiring an additional 25 shares during the period. Finally, Kuhn & Co Investment Counsel increased its position in Microsoft by 0.8% during the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock worth $1,385,000 after acquiring an additional 25 shares during the period. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on MSFT shares. JPMorgan Chase & Co. boosted their price target on shares of Microsoft from $465.00 to $475.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Morgan Stanley boosted their price target on shares of Microsoft from $472.00 to $482.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Wedbush reissued an "outperform" rating on shares of Microsoft in a report on Wednesday. Jefferies Financial Group boosted their price target on shares of Microsoft from $475.00 to $550.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Finally, Barclays boosted their price target on shares of Microsoft from $430.00 to $494.00 and gave the company an "overweight" rating in a 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 company's stock. Based on data from MarketBeat.com, Microsoft currently has an average rating of "Moderate Buy" and an average price target of $513.13.

Microsoft Stock Performance

Microsoft stock opened at $450.18 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 1 year low of $344.79 and a 1 year high of $468.35. The company has a market cap of $3.35 trillion, a PE ratio of 36.25, a PEG ratio of 2.21 and a beta of 0.99. The company's 50-day moving average is $402.37 and its two-hundred day moving average is $413.90.

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

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.74%. Microsoft's payout ratio is presently 25.66%.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Judson Althoff sold 16,000 shares of the company's stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the transaction, the executive vice president now directly owns 98,010 shares in the company, valued at approximately $44,906,221.80. This represents a 14.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kathleen T. Hogan sold 21,500 shares of the stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the completion of the sale, the executive vice president now owns 134,888 shares in the company, valued at $61,208,127.76. This represents a 13.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 131,743 shares of company stock worth $58,375,673. Company 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.

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