Legacy Capital Group California Inc. Has $2.52 Million Position in Microsoft Corporation $MSFT

Key Points

• Legacy Capital Group California reduced its Microsoft stake by 31.4% in the first quarter, selling 3,117 shares and retaining 6,816 shares worth approximately $2.52 million. Microsoft represents 1.0% of the firm’s portfolio.
• Microsoft reported quarterly EPS of $4.27 and revenue of $82.89 billion, surpassing analyst estimates, with revenue up 18.3% year over year. The company also announced a quarterly dividend of $0.91 per share, representing a 0.9% yield.
• Analyst sentiment remains positive, with 42 analysts rating Microsoft a Buy and six assigning a Hold rating; the stock has an average “Moderate Buy” rating and a $554.73 consensus price target. Insiders, however, sold 23,762 shares worth $10.5 million over the past 90 days.

Legacy Capital Group California Inc. reduced its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 31.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,816 shares of the software giant's stock after selling 3,117 shares during the period. Microsoft accounts for 1.0% of Legacy Capital Group California Inc.'s investment portfolio, making the stock its 13th biggest holding. Legacy Capital Group California Inc.'s holdings in Microsoft were worth $2,523,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Longfellow Investment Management Co. LLC lifted its holdings in shares of Microsoft by 51.3% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant's stock valued at $29,000 after buying an additional 20 shares during the last quarter. Shepherd Kaplan Krochuk LLC increased its holdings in Microsoft by 4.9% in the third quarter. Shepherd Kaplan Krochuk LLC now owns 431 shares of the software giant's stock worth $223,000 after buying an additional 20 shares during the last quarter. Fischer Investment Strategies LLC raised its position in Microsoft by 3.1% during the fourth quarter. Fischer Investment Strategies LLC now owns 697 shares of the software giant's stock valued at $337,000 after acquiring an additional 21 shares in the last quarter. Pollock Investment Advisors LLC raised its position in Microsoft by 0.8% during the third quarter. Pollock Investment Advisors LLC now owns 2,805 shares of the software giant's stock valued at $1,453,000 after acquiring an additional 21 shares in the last quarter. Finally, Better Money Decisions LLC lifted its stake in Microsoft by 0.6% in the second quarter. Better Money Decisions LLC now owns 3,498 shares of the software giant's stock valued at $1,740,000 after acquiring an additional 21 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Stock Up 1.1%

Microsoft stock opened at $393.35 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.28 and a quick ratio of 1.27. Microsoft Corporation has a fifty-two week low of $349.20 and a fifty-two week high of $555.45. The firm has a fifty day moving average price of $397.04 and a two-hundred day moving average price of $406.36. The firm has a market cap of $2.92 trillion, a price-to-earnings ratio of 23.41, a P/E/G ratio of 1.19 and a beta of 1.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The software giant reported $4.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.06 by $0.21. The company had revenue of $82.89 billion for the quarter, compared to the consensus estimate of $81.44 billion. Microsoft had a return on equity of 31.94% and a net margin of 39.34%.The firm's revenue was up 18.3% compared to the same quarter last year. During the same period last year, the business posted $3.46 earnings per share. As a group, analysts forecast that Microsoft Corporation will post 16.7 earnings per share for the current year.

Microsoft Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be paid a dividend of $0.91 per share. The ex-dividend date is Thursday, August 20th. This represents a $3.64 annualized dividend and a yield of 0.9%. Microsoft's dividend payout ratio is presently 21.67%.

Insider Activity at Microsoft

In other news, EVP Takeshi Numoto sold 4,500 shares of the company's stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $402.84, for a total transaction of $1,812,780.00. Following the completion of the transaction, the executive vice president directly owned 47,468 shares in the company, valued at $19,122,009.12. The trade was a 8.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Amy Coleman sold 1,262 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $411.34, for a total value of $519,111.08. Following the completion of the sale, the executive vice president directly owned 46,003 shares of the company's stock, valued at $18,922,874.02. This represents a 2.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 23,762 shares of company stock worth $10,508,361 in the last 90 days. 0.03% of the stock is owned by company insiders.

Microsoft News Roundup

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Microsoft unveiled its first in-house cybersecurity AI model, MAI-Cyber-1-Flash, along with Project Perception, an agentic platform designed to detect and respond to AI-powered attacks. The products could strengthen Microsoft’s enterprise security position and create additional demand for Azure and security services. Microsoft launches AI cybersecurity model and defense platform
• Positive Sentiment: Analysts remained bullish ahead of earnings. Citizens JMP reaffirmed a Market Outperform rating with a $550 target, while Piper Sandler maintained an Overweight rating and a $540 target—well above Microsoft’s recent trading range. Microsoft stock moves higher
• Positive Sentiment: Microsoft’s expanding partnerships and integrations across Azure, Dynamics 365 and Microsoft 365 Copilot support the argument that its broad enterprise ecosystem can monetize AI spending over time. Morgan Stanley estimates major technology companies could achieve 25%–50% returns on AI investments. AI capital expenditure plans

Analyst Ratings Changes

MSFT has been the subject of several recent research reports. Sanford C. Bernstein reissued an "outperform" rating and issued a $646.00 target price on shares of Microsoft in a research report on Wednesday, July 22nd. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Microsoft in a research note on Monday, July 6th. DZ Bank reiterated a "buy" rating on shares of Microsoft in a report on Thursday, April 30th. BMO Capital Markets increased their target price on shares of Microsoft from $500.00 to $515.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 7th. Finally, DA Davidson reissued a "buy" rating and set a $550.00 price objective on shares of Microsoft in a report on Monday, July 6th. Forty-two investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, Microsoft presently has an average rating of "Moderate Buy" and an average target price of $554.73.

Microsoft Profile

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft's product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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