6,678 Shares in Microsoft Corporation (NASDAQ:MSFT) Purchased by LifeWealth Investments LLC

LifeWealth Investments LLC bought a new position in Microsoft Corporation (NASDAQ:MSFT - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 6,678 shares of the software giant's stock, valued at approximately $2,815,000. Microsoft accounts for about 1.9% of LifeWealth Investments LLC's investment portfolio, making the stock its 14th largest position.

A number of other large investors have also added to or reduced their stakes in the stock. Capital A Wealth Management LLC bought a new stake in Microsoft in the 4th quarter worth approximately $1,469,000. Financial Advisory Corp bought a new stake in Microsoft in the 4th quarter worth approximately $457,000. Discipline Wealth Solutions LLC grew its position in Microsoft by 1.6% in the 4th quarter. Discipline Wealth Solutions LLC now owns 2,701 shares of the software giant's stock worth $1,138,000 after purchasing an additional 42 shares during the period. Windmill Hill Asset Management Ltd grew its position in Microsoft by 17.4% in the 4th quarter. Windmill Hill Asset Management Ltd now owns 9,994 shares of the software giant's stock worth $4,212,000 after purchasing an additional 1,478 shares during the period. Finally, LM Advisors LLC grew its position in shares of Microsoft by 0.6% during the 4th quarter. LM Advisors LLC now owns 36,704 shares of the software giant's stock valued at $15,471,000 after acquiring an additional 217 shares during the period. Institutional investors own 71.13% of the company's stock.

Microsoft Price Performance

MSFT stock traded down $2.84 during mid-day trading on Friday, hitting $477.40. The company had a trading volume of 37,241,095 shares, compared to its average volume of 21,515,262. The company has a market capitalization of $3.55 trillion, a price-to-earnings ratio of 36.89, a P/E/G ratio of 2.43 and a beta of 1.03. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $483.46. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of $437.84 and a 200 day moving average price of $420.40.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its 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 for the quarter, compared to analysts' expectations of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The business's revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company earned $2.94 EPS. On average, research analysts anticipate that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.70%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio is 25.66%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. DA Davidson boosted their price objective on shares of Microsoft from $450.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Scotiabank boosted their price objective on shares of Microsoft from $470.00 to $500.00 and gave the company a "sector outperform" rating in a research report on Thursday, May 1st. Jefferies Financial Group boosted their price objective on shares of Microsoft from $475.00 to $550.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. UBS Group cut their price objective on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Citigroup boosted their price objective on shares of Microsoft from $540.00 to $605.00 and gave the company a "buy" rating in a research report on Wednesday, June 11th. Five investment analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $515.68.

Insider Activity

In other news, insider Bradford L. Smith sold 75,000 shares of the company's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the sale, the insider now directly owns 476,999 shares in the company, valued at approximately $207,995,413.95. This represents a 13.59% decrease in their position. 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 13,243 shares of the company's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the sale, the executive vice president now 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. In the last three months, insiders have sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is currently owned by corporate insiders.

Microsoft Company 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.