Koss Olinger Consulting LLC Grows Stake in Microsoft Co. (NASDAQ:MSFT)

Koss Olinger Consulting LLC raised its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 124.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,256 shares of the software giant's stock after acquiring an additional 6,252 shares during the period. Koss Olinger Consulting LLC's holdings in Microsoft were worth $4,744,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Wulff Hansen & CO. grew its position in shares of Microsoft by 6.6% in the 4th quarter. Wulff Hansen & CO. now owns 11,589 shares of the software giant's stock worth $4,885,000 after buying an additional 715 shares during the last quarter. Vinva Investment Management Ltd boosted its position in shares of Microsoft by 4.9% during the fourth quarter. Vinva Investment Management Ltd now owns 332,408 shares of the software giant's stock valued at $141,217,000 after purchasing an additional 15,548 shares in the last quarter. SageOak Financial LLC bought a new stake in shares of Microsoft during the fourth quarter valued at approximately $336,000. Bestgate Wealth Advisors LLC bought a new stake in shares of Microsoft during the fourth quarter valued at approximately $428,000. Finally, Stokes Family Office LLC boosted its position in shares of Microsoft by 3.9% during the fourth quarter. Stokes Family Office LLC now owns 56,590 shares of the software giant's stock valued at $23,853,000 after purchasing an additional 2,118 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Bradford L. Smith sold 75,000 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total value of $32,703,750.00. Following the completion of the sale, the insider now directly owns 476,999 shares of the company's stock, valued at $207,995,413.95. This trade represents a 13.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Amy Coleman sold 13,243 shares of the firm's stock in a transaction that occurred 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 sale, the executive vice president now directly owns 43,100 shares of the company's stock, 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 sold 131,743 shares of company stock valued at $58,375,673 in the last ninety days. Insiders own 0.03% of the company's stock.

Microsoft Price Performance

Microsoft stock traded down $3.33 during midday trading on Wednesday, reaching $457.36. 16,984,314 shares of the stock traded hands, compared to its average volume of 21,567,190. The stock's fifty day moving average is $405.09 and its 200-day moving average is $414.29. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35. The stock has a market cap of $3.40 trillion, a P/E ratio of 36.82, a PEG ratio of 2.21 and a beta of 0.99. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly 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 return on equity of 33.36% and a net margin of 35.43%. The company had revenue of $70.07 billion during the quarter, compared to analyst estimates of $68.54 billion. During the same period in the prior year, the company earned $2.94 earnings per share. The firm's revenue was up 13.3% on a year-over-year basis. As a group, equities research analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's payout ratio is 25.66%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on MSFT shares. Needham & Company LLC restated a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. Wedbush reaffirmed an "outperform" rating on shares of Microsoft in a report on Wednesday, May 21st. Stifel Nicolaus upped their price objective on Microsoft from $475.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. KeyCorp reissued a "sector weight" rating on shares of Microsoft in a report on Thursday, April 17th. Finally, Wall Street Zen raised Microsoft from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. Four equities research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $513.13.

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.