Impact Capital Partners LLC Takes $15.42 Million Position in Microsoft Co. (NASDAQ:MSFT)

Impact Capital Partners LLC purchased a new position in Microsoft Co. (NASDAQ:MSFT - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 36,574 shares of the software giant's stock, valued at approximately $15,416,000. Microsoft comprises about 5.5% of Impact Capital Partners LLC's holdings, making the stock its largest holding.

Other large investors also recently made changes to their positions in the company. Fiduciary Advisors Inc. acquired a new stake in shares of Microsoft in the fourth quarter worth $38,000. IFS Advisors LLC raised its holdings in Microsoft by 53.8% in 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 lifted its position 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 last quarter. MidAtlantic Capital Management Inc. bought a new stake in Microsoft during the third quarter valued at about $62,000. Finally, Fairway Wealth LLC acquired a new stake in shares of Microsoft in the fourth quarter valued at about $62,000. Institutional investors own 71.13% of the company's stock.

Microsoft Price Performance

Shares of NASDAQ MSFT traded up $2.29 during midday trading on Thursday, reaching $454.86. 17,988,829 shares of the company traded hands, compared to its average volume of 21,536,191. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The stock's 50-day simple moving average is $399.71 and its 200-day simple moving average is $413.31. The firm has a market cap of $3.38 trillion, a PE ratio of 36.62, a PEG ratio of 2.21 and a beta of 0.99.

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

Microsoft Dividend Announcement

The firm 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 dividend of $0.83 per share. The ex-dividend date 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 (DPR) is presently 25.66%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MSFT. Wedbush restated an "outperform" rating on shares of Microsoft in a research note on Wednesday. Needham & Company LLC reissued a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. Cantor Fitzgerald raised their price objective 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. Westpark Capital reiterated a "hold" rating on shares of Microsoft in a research note on Thursday, May 1st. Finally, JPMorgan Chase & Co. raised their price target on shares of Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Four investment analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $513.13.

Insider Activity at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 6,000 shares of the stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the sale, the insider now owns 471,036 shares of the company's stock, valued at $204,038,664.12. This represents a 1.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Judson Althoff sold 16,000 shares of the firm'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 completion of the sale, the executive vice president now owns 98,010 shares of the company's stock, valued at $44,906,221.80. The trade was a 14.03% decrease in their position. The disclosure for this sale can be found here. Insiders sold 110,243 shares of company stock valued at $48,619,618 in the last three months. Corporate 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.