Fulcrum Capital LLC Has $29.55 Million Stock Holdings in Microsoft Corporation (NASDAQ:MSFT)

Fulcrum Capital LLC boosted its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 7.1% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 78,705 shares of the software giant's stock after buying an additional 5,186 shares during the quarter. Microsoft makes up approximately 6.5% of Fulcrum Capital LLC's portfolio, making the stock its 3rd largest holding. Fulcrum Capital LLC's holdings in Microsoft were worth $29,545,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Muirfield Wealth Advisors LLC boosted its position in shares of Microsoft by 0.5% in the fourth quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock valued at $1,866,000 after acquiring an additional 24 shares during the period. Retirement Financial Solutions LLC boosted its position in shares of Microsoft by 2.3% in the fourth quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after acquiring an additional 24 shares during the period. Sterling Group Wealth Management LLC boosted its position in shares of Microsoft by 0.5% in the fourth quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock valued at $2,335,000 after acquiring an additional 25 shares during the period. Kuhn & Co Investment Counsel boosted its position in shares of Microsoft by 0.8% in the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock valued at $1,385,000 after acquiring an additional 25 shares during the period. Finally, Alliance Wealth Management Group boosted its position in shares of Microsoft by 0.4% in the fourth quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock valued at $2,368,000 after acquiring an additional 25 shares during the period. Institutional investors own 71.13% of the company's stock.

Insider Buying and Selling

In related news, insider Bradford L. Smith sold 75,000 shares of the company's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $436.05, for a total value of $32,703,750.00. Following the transaction, the insider now owns 476,999 shares in the company, valued at $207,995,413.95. The trade was a 13.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Takeshi Numoto sold 3,000 shares of the business's stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $463.00, for a total value of $1,389,000.00. Following the completion of the transaction, the executive vice president now directly owns 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. Insiders have sold a total of 135,743 shares of company stock worth $60,224,683 in the last quarter. Corporate insiders own 0.03% of the company's stock.

Analyst Upgrades and Downgrades

MSFT has been the topic of a number of recent analyst reports. Wedbush raised their target price on shares of Microsoft from $515.00 to $600.00 and gave the company an "outperform" rating in a research note on Wednesday. UBS Group lowered their target price on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Cantor Fitzgerald lifted their price target on shares of Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. TD Securities lifted their price target on shares of Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Finally, Bank of America decreased their target price on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. Four analysts have rated the stock with a hold rating and thirty have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $519.43.

Microsoft Stock Performance

Shares of MSFT stock opened at $492.27 on Thursday. Microsoft Corporation has a 12 month low of $344.79 and a 12 month high of $494.56. The stock has a market cap of $3.66 trillion, a PE ratio of 38.04, a price-to-earnings-growth ratio of 2.49 and a beta of 1.03. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12. The company's fifty day moving average price is $444.31 and its 200-day moving average price is $421.40.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The firm had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. During the same quarter in the previous year, the business posted $2.94 EPS. The company's quarterly revenue was up 13.3% on a year-over-year basis. On average, equities analysts expect that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors 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 yield of 0.67%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft's payout ratio is 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.

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