First County Bank CT Buys 2,027 Shares of Microsoft Corporation $MSFT

Key Points

• First County Bank CT increased its Microsoft stake by 11.2% in the second quarter, purchasing 2,027 shares for a total of 20,082 shares valued at approximately $7.49 million. Microsoft now represents 3.5% of the bank’s portfolio and is its fourth-largest holding.
• Institutional investors own approximately 71.13% of Microsoft, while company insiders sold 37,310 shares worth $17.26 million during the last quarter.
• Microsoft’s latest quarterly results exceeded expectations, with EPS of $4.74 and revenue of $90.01 billion, up 17.7% year over year. Analysts remain broadly positive, with 42 Buy ratings, five Holds, and an average price target of $560.27.

First County Bank CT increased its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 11.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,082 shares of the software giant's stock after acquiring an additional 2,027 shares during the period. Microsoft comprises approximately 3.5% of First County Bank CT's investment portfolio, making the stock its 4th largest holding. First County Bank CT's holdings in Microsoft were worth $7,491,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of MSFT. Noble Wealth Management PBC raised its stake in shares of Microsoft by 2.0% during the 2nd quarter. Noble Wealth Management PBC now owns 2,393 shares of the software giant's stock worth $893,000 after purchasing an additional 47 shares in the last quarter. Miller Global Investments LLC increased its holdings in Microsoft by 64.0% during the second quarter. Miller Global Investments LLC now owns 1,879 shares of the software giant's stock worth $701,000 after buying an additional 733 shares during the last quarter. First Financial Bank Trust Division raised its position in Microsoft by 2.7% during the second quarter. First Financial Bank Trust Division now owns 70,664 shares of the software giant's stock worth $26,359,000 after acquiring an additional 1,876 shares in the last quarter. Adelphi Trust Co lifted its stake in Microsoft by 9.3% in the second quarter. Adelphi Trust Co now owns 18,991 shares of the software giant's stock valued at $7,084,000 after acquiring an additional 1,611 shares during the last quarter. Finally, Cacti Asset Management LLC grew its position in shares of Microsoft by 1.0% in the 2nd quarter. Cacti Asset Management LLC now owns 11,043 shares of the software giant's stock valued at $4,119,000 after acquiring an additional 113 shares during the period. 71.13% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Microsoft

In other news, EVP Takeshi Numoto sold 4,810 shares of Microsoft stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $496.48, for a total transaction of $2,388,068.80. Following the completion of the sale, the executive vice president owned 42,677 shares of the company's stock, valued at approximately $21,188,276.96. This trade represents a 10.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Judson Althoff sold 15,500 shares of the business's stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $460.99, for a total transaction of $7,145,345.00. Following the completion of the sale, the chief executive officer directly owned 110,477 shares of the company's stock, valued at approximately $50,928,792.23. The trade was a 12.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 37,310 shares of company stock worth $17,256,219 in the last quarter. Company insiders own 0.03% of the company's stock.

Microsoft News Summary

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Azure and Copilot momentum remain the primary catalysts. Azure reportedly surpassed $100 billion in annual revenue, while Microsoft 365 Copilot exceeded 30 million paid seats. Those milestones reinforce the view that Microsoft is beginning to monetize its AI investments at scale. Price Prediction: One Number Could Decide How High Microsoft Goes in 2027
• Positive Sentiment: Strong quarterly results continue to support the bull case. Microsoft’s latest report showed earnings per share of $4.74 versus a $4.24 consensus estimate and revenue of $90.01 billion, up 17.7% year over year. Cloud computing and AI helped drive roughly 30% profit growth. These Telltale Signs Cue Microsoft Investors Despite Earnings Surge
• Positive Sentiment: Enterprise adoption and partnerships are broadening demand. Swiss companies are increasing their use of Microsoft’s AI and cloud products, with governance and data sovereignty controls supporting adoption. S&P Global also expanded its integration of AI-ready data into Microsoft 365 Copilot workflows. Swiss Enterprises Prioritize Microsoft AI Governance
• Positive Sentiment: Analyst and institutional sentiment remains constructive. William Blair reaffirmed a Buy rating, citing early AI monetization, while Altarock Partners increased its Microsoft position. Microsoft Buy Rating Reaffirmed

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on MSFT. HSBC dropped their target price on shares of Microsoft from $593.00 to $571.00 in a report on Thursday, April 30th. Wolfe Research reissued an "outperform" rating and set a $550.00 price target on shares of Microsoft in a research report on Thursday, July 30th. Sanford C. Bernstein set a $660.00 price objective on Microsoft in a research note on Monday, August 10th. Cantor Fitzgerald raised their price objective on Microsoft from $502.00 to $522.00 and gave the company an "overweight" rating in a research report on Monday, July 27th. Finally, The Goldman Sachs Group reiterated a "buy" rating and set a $640.00 target price on shares of Microsoft in a research note on Thursday, July 30th. Forty-two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Microsoft has an average rating of "Moderate Buy" and an average price target of $560.27.

Microsoft Trading Up 0.3%

Shares of MSFT stock opened at $481.63 on Wednesday. The firm has a 50 day moving average price of $414.21 and a two-hundred day moving average price of $408.06. The company has a quick ratio of 1.22, a current ratio of 1.23 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $3.58 trillion, a PE ratio of 26.82, a price-to-earnings-growth ratio of 1.59 and a beta of 1.10. Microsoft Corporation has a 12-month low of $349.20 and a 12-month high of $553.72.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, July 29th. The software giant reported $4.74 EPS for the quarter, beating the consensus estimate of $4.24 by $0.50. The company had revenue of $90.01 billion for the quarter, compared to the consensus estimate of $87.62 billion. Microsoft had a return on equity of 31.98% and a net margin of 40.31%.The firm's revenue for the quarter was up 17.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.65 earnings per share. As a group, analysts predict that Microsoft Corporation will post 19.59 earnings per share for the current year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 20th. Microsoft's dividend payout ratio is currently 20.27%.

Microsoft Profile

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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