Family Firm Inc. Has $15.80 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Family Firm Inc. lifted its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 747.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 37,474 shares of the software giant's stock after purchasing an additional 33,052 shares during the period. Microsoft comprises approximately 2.7% of Family Firm Inc.'s holdings, making the stock its 9th biggest position. Family Firm Inc.'s holdings in Microsoft were worth $15,795,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in MSFT. Fiduciary Advisors Inc. bought a new position in shares of Microsoft in the 4th quarter worth approximately $38,000. IFS Advisors LLC raised its stake in Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after acquiring an additional 35 shares during the period. Avondale Wealth Management raised its stake in Microsoft by 144.4% during the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after acquiring an additional 65 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in Microsoft during the 3rd quarter worth approximately $62,000. Finally, Fairway Wealth LLC bought a new stake in Microsoft during the 4th quarter worth approximately $62,000. Institutional investors own 71.13% of the company's stock.

Insider Buying and Selling

In related news, EVP Amy Coleman sold 13,243 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the sale, the executive vice president now directly owns 43,100 shares in the company, valued at $19,481,631. This trade represents a 23.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kathleen T. Hogan sold 21,500 shares of Microsoft stock in a transaction on 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 sale, the executive vice president now owns 134,888 shares of the company's stock, valued at approximately $61,208,127.76. This trade represents a 13.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 131,743 shares of company stock worth $58,375,673 over the last three months. 0.03% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have commented on MSFT. JPMorgan Chase & Co. raised their target price on shares of Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Stifel Nicolaus raised their target price on shares of Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Westpark Capital restated a "hold" rating on shares of Microsoft in a research note on Thursday, May 1st. KeyCorp restated a "sector weight" rating on shares of Microsoft in a research note on Thursday, April 17th. Finally, Citigroup raised their target price on shares of Microsoft from $480.00 to $540.00 and gave the stock a "buy" rating in a research note on Thursday, May 15th. Four analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the stock. According to data from MarketBeat.com, Microsoft presently has an average rating of "Moderate Buy" and a consensus price target of $513.13.

Microsoft Price Performance

Shares of MSFT stock traded up $2.29 on Thursday, reaching $454.86. The company's stock had a trading volume of 17,993,059 shares, compared to its average volume of 21,550,171. The stock's fifty day simple moving average is $399.71 and its 200-day simple moving average is $413.31. Microsoft Co. has a 1 year low of $344.79 and a 1 year high of $468.35. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $3.38 trillion, a price-to-earnings ratio of 36.62, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99.

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

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be given a $0.83 dividend. 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 0.73%. Microsoft's dividend payout ratio is presently 25.66%.

Microsoft Company 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.