Kozak & Associates Inc. Buys 765 Shares of Microsoft Corporation (NASDAQ:MSFT)

Kozak & Associates Inc. lifted its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 1.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,629 shares of the software giant's stock after purchasing an additional 765 shares during the period. Microsoft makes up about 5.1% of Kozak & Associates Inc.'s holdings, making the stock its 6th biggest position. Kozak & Associates Inc.'s holdings in Microsoft were worth $20,410,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Fosun International Ltd lifted its position in shares of Microsoft by 0.3% during the 1st quarter. Fosun International Ltd now owns 6,633 shares of the software giant's stock worth $2,490,000 after buying an additional 23 shares during the period. Muirfield Wealth Advisors LLC lifted its position in shares of Microsoft by 0.5% during the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock worth $1,866,000 after buying an additional 24 shares during the period. Retirement Financial Solutions LLC lifted its position in shares of Microsoft by 2.3% during the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock worth $443,000 after buying an additional 24 shares during the period. Kuhn & Co Investment Counsel lifted its position in shares of Microsoft by 0.8% during the 4th quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock worth $1,385,000 after buying an additional 25 shares during the period. Finally, Alliance Wealth Management Group lifted its position in shares of Microsoft by 0.4% during the 4th quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock worth $2,368,000 after buying an additional 25 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 21,500 shares of the business's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total value of $9,756,055.00. Following the completion of the transaction, the executive vice president directly owned 134,888 shares of the company's stock, valued at approximately $61,208,127.76. The trade was a 13.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Amy Coleman sold 13,243 shares of the business's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the transaction, the executive vice president directly owned 43,100 shares of the company's stock, valued at approximately $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 135,743 shares of company stock valued at $60,224,683 over the last quarter. 0.03% of the stock is owned by corporate insiders.

Microsoft Stock Up 0.4%

Shares of Microsoft stock opened at $503.32 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12. Microsoft Corporation has a 12 month low of $344.79 and a 12 month high of $506.78. The business has a fifty day simple moving average of $470.64 and a 200 day simple moving average of $425.85. The stock has a market cap of $3.74 trillion, a PE ratio of 38.90, a price-to-earnings-growth ratio of 2.27 and a beta of 1.04.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The business had revenue of $70.07 billion during the quarter, compared to analysts' expectations of $68.54 billion. During the same period in the previous year, the firm earned $2.94 earnings per share. The firm's quarterly revenue was up 13.3% compared to the same quarter last year. Research analysts predict that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.66%. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

Wall Street Analyst Weigh In

Several research firms recently commented on MSFT. Morgan Stanley restated an "overweight" rating and set a $530.00 target price (up previously from $482.00) on shares of Microsoft in a research report on Thursday, June 26th. Barclays lifted their price objective on Microsoft from $430.00 to $494.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. The Goldman Sachs Group lifted their price objective on Microsoft from $480.00 to $550.00 and gave the company a "buy" rating in a research report on Wednesday, May 21st. Needham & Company LLC reiterated a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. Finally, Stifel Nicolaus lifted 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. Four research analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $534.14.

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.

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