Falcon Wealth Planning Has $4.30 Million Stock Position in Microsoft Corporation (NASDAQ:MSFT)

Falcon Wealth Planning lifted its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 6.4% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,465 shares of the software giant's stock after buying an additional 687 shares during the period. Microsoft comprises about 0.5% of Falcon Wealth Planning's portfolio, making the stock its 25th biggest holding. Falcon Wealth Planning's holdings in Microsoft were worth $4,304,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Newton One Investments LLC boosted its holdings in Microsoft by 66.7% in the first quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock worth $28,000 after acquiring an additional 30 shares in the last quarter. Ball & Co Wealth Management Inc. bought a new position in Microsoft in the fourth quarter worth approximately $31,000. LSV Asset Management bought a new position in Microsoft in the fourth quarter worth approximately $44,000. IFS Advisors LLC boosted its holdings in Microsoft by 50.0% in the first quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock worth $57,000 after acquiring an additional 50 shares in the last quarter. Finally, Fairway Wealth LLC bought a new position in Microsoft in the fourth quarter worth approximately $62,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Insider Buying and Selling

In other news, EVP Kathleen T. Hogan sold 21,500 shares of the business's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total value of $9,756,055.00. Following the completion of the sale, the executive vice president owned 134,888 shares of the company's stock, valued at approximately $61,208,127.76. The trade was a 13.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Takeshi Numoto sold 3,000 shares of the business's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total value of $1,389,000.00. Following the completion of the sale, the executive vice president directly owned 43,930 shares of the company's stock, valued at approximately $20,339,590. This trade represents a 6.39% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 54,743 shares of company stock worth $24,921,913. Insiders own 0.03% of the company's stock.

Microsoft Trading Down 0.8%

Shares of MSFT stock opened at $520.84 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.12. The business has a 50-day moving average price of $495.59 and a two-hundred day moving average price of $437.64. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $555.45. The firm has a market cap of $3.87 trillion, a P/E ratio of 38.18, a price-to-earnings-growth ratio of 2.30 and a beta of 1.06.

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

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be paid a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft's payout ratio is 24.34%.

Wall Street Analysts Forecast Growth

MSFT has been the topic of several recent research reports. Cantor Fitzgerald increased their price target on Microsoft from $581.00 to $639.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Wells Fargo & Company reiterated an "overweight" rating and issued a $650.00 price target (up previously from $600.00) on shares of Microsoft in a report on Thursday, July 31st. Needham & Company LLC reiterated a "buy" rating on shares of Microsoft in a report on Thursday, May 1st. Guggenheim restated a "neutral" rating on shares of Microsoft in a report on Thursday, May 1st. Finally, Piper Sandler raised their target price on Microsoft from $600.00 to $650.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Two investment analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company. According to data from MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and an average target price 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.

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