Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Mascoma Wealth Management LLC

Mascoma Wealth Management LLC increased its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 26.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,483 shares of the software giant's stock after acquiring an additional 1,785 shares during the quarter. Microsoft makes up approximately 0.9% of Mascoma Wealth Management LLC's holdings, making the stock its 19th biggest holding. Mascoma Wealth Management LLC's holdings in Microsoft were worth $3,576,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Muirfield Wealth Advisors LLC raised its stake in shares of Microsoft by 0.5% in the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock valued at $1,866,000 after acquiring an additional 24 shares during the period. Retirement Financial Solutions LLC raised its stake in shares of Microsoft by 2.3% in the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after acquiring an additional 24 shares during the period. Boulder Wealth Advisors LLC raised its stake in shares of Microsoft by 1.0% in the 3rd quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant's stock valued at $1,106,000 after acquiring an additional 25 shares during the period. Sterling Group Wealth Management LLC raised its stake in shares of Microsoft by 0.5% in the 4th quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock valued at $2,335,000 after acquiring an additional 25 shares during the period. Finally, Kuhn & Co Investment Counsel raised its stake in shares of Microsoft by 0.8% in the 4th quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock valued at $1,385,000 after acquiring an additional 25 shares during the period. Institutional investors and hedge funds own 71.13% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on MSFT. The Goldman Sachs Group raised their target price on shares of Microsoft from $450.00 to $480.00 and gave the company a "buy" rating in a research note on Thursday, May 1st. Royal Bank of Canada lifted their price target on shares of Microsoft from $500.00 to $525.00 and gave the stock an "outperform" rating in a research note on Thursday, May 1st. Tigress Financial lifted their price target on shares of Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research note on Thursday, March 20th. Citigroup lifted their price target on shares of Microsoft from $480.00 to $540.00 and gave the stock a "buy" rating in a research note on Thursday, May 15th. Finally, Cantor Fitzgerald lifted their price target on shares of Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Five research analysts have rated the stock with a hold rating and thirty have given a buy rating to the stock. According to MarketBeat, Microsoft has an average rating of "Moderate Buy" and a consensus price target of $510.30.

Insider Buying and Selling at Microsoft

In other news, EVP Amy Coleman sold 13,243 shares of the company's stock in a transaction that occurred on 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 sale, the executive vice president now directly owns 43,100 shares of the company's stock, valued at approximately $19,481,631. This represents a 23.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Judson Althoff sold 16,000 shares of the company's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the completion of the sale, the executive vice president now directly owns 98,010 shares of the company's stock, valued at approximately $44,906,221.80. This represents a 14.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 110,243 shares of company stock valued at $48,619,618 in the last ninety days. Company insiders own 0.03% of the company's stock.

Microsoft Stock Performance

Shares of NASDAQ:MSFT traded down $0.70 during trading on Tuesday, reaching $458.17. 15,422,215 shares of the company's stock traded hands, compared to its average volume of 21,559,327. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. Microsoft Co. has a 12 month low of $344.79 and a 12 month high of $468.35. The company has a 50 day moving average of $396.84 and a 200-day moving average of $412.71. The stock has a market capitalization of $3.41 trillion, a P/E ratio of 36.89, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. The firm had revenue of $70.07 billion during the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. Microsoft's revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the business posted $2.94 EPS. On average, equities analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.72%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's payout ratio is 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.