Microsoft Co. (NASDAQ:MSFT) Shares Sold by IPG Investment Advisors LLC

IPG Investment Advisors LLC reduced its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 24.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,603 shares of the software giant's stock after selling 5,626 shares during the period. Microsoft makes up about 1.7% of IPG Investment Advisors LLC's investment portfolio, making the stock its 17th largest position. IPG Investment Advisors LLC's holdings in Microsoft were worth $7,420,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of MSFT. Fiduciary Advisors Inc. bought a new position in Microsoft in the 4th quarter worth approximately $38,000. IFS Advisors LLC grew its position in Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after acquiring an additional 35 shares during the period. Avondale Wealth Management grew its position in Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares during the period. Fairway Wealth LLC bought a new stake in Microsoft in the fourth quarter valued at $62,000. Finally, Sellwood Investment Partners LLC bought a new stake in shares of Microsoft during the fourth quarter worth $120,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Raymond James raised their price target on Microsoft from $480.00 to $490.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. JPMorgan Chase & Co. raised their price target on Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Mizuho increased their price objective on Microsoft from $475.00 to $500.00 and gave the stock an "outperform" rating in a report on Thursday, May 1st. TD Securities increased their price objective on Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Finally, BMO Capital Markets restated an "outperform" rating on shares of Microsoft in a research note on Wednesday, May 21st. Four research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. According to data from MarketBeat, Microsoft currently has a consensus rating of "Moderate Buy" and an average price target of $513.59.

Insider Activity at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of Microsoft stock in a transaction on 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 directly owns 476,999 shares of the company's stock, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Amy Coleman sold 13,243 shares of Microsoft stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the completion of the transaction, the executive vice president now directly owns 43,100 shares in the company, valued at $19,481,631. This represents a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 135,743 shares of company stock valued at $60,224,683 over the last ninety days. 0.03% of the stock is owned by company insiders.

Microsoft Price Performance

Shares of NASDAQ MSFT traded up $2.37 during mid-day trading on Monday, hitting $472.75. 16,447,494 shares of the company's stock traded hands, compared to its average volume of 21,503,282. The company's 50-day moving average is $419.01 and its two-hundred day moving average is $417.09. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The company has a market capitalization of $3.51 trillion, a P/E ratio of 38.06, a PEG ratio of 2.21 and a beta of 1.03. Microsoft Co. has a 1 year low of $344.79 and a 1 year high of $473.43.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. During the same period in the prior year, the company posted $2.94 EPS. The firm's revenue for the quarter was up 13.3% on a year-over-year basis. On average, equities analysts anticipate that Microsoft Co. 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, June 12th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

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.