McNaughton Wealth Management LLC Acquires 531 Shares of Microsoft Corporation (NASDAQ:MSFT)

McNaughton Wealth Management LLC lifted its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 16.9% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,674 shares of the software giant's stock after purchasing an additional 531 shares during the period. McNaughton Wealth Management LLC's holdings in Microsoft were worth $1,379,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cox Capital Mgt LLC raised its stake in Microsoft by 17.2% during the 1st quarter. Cox Capital Mgt LLC now owns 19,081 shares of the software giant's stock worth $7,163,000 after acquiring an additional 2,798 shares during the period. Sweeney & Michel LLC bought a new stake in shares of Microsoft during the first quarter valued at approximately $5,646,000. NBC Securities Inc. raised its position in shares of Microsoft by 100,627.5% during the first quarter. NBC Securities Inc. now owns 80,582 shares of the software giant's stock valued at $30,250,000 after buying an additional 80,502 shares during the last quarter. Enterprise Bank & Trust Co raised its position in shares of Microsoft by 1.9% during the first quarter. Enterprise Bank & Trust Co now owns 38,169 shares of the software giant's stock valued at $14,328,000 after buying an additional 724 shares during the last quarter. Finally, Fiduciary Alliance LLC grew its holdings in shares of Microsoft by 1.9% in the first quarter. Fiduciary Alliance LLC now owns 102,192 shares of the software giant's stock valued at $38,362,000 after purchasing an additional 1,940 shares in the last quarter. Institutional investors own 71.13% of the company's stock.

Insider Transactions at Microsoft

In related news, insider Bradford L. Smith sold 75,000 shares of the company'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 sale, the insider now owns 476,999 shares in the company, valued at $207,995,413.95. This represents a 13.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of the business'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 transaction, the executive vice president now directly owns 43,100 shares of the company's stock, valued at $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. Over the last 90 days, insiders have sold 135,743 shares of company stock worth $60,224,683. Insiders own 0.03% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on MSFT shares. DA Davidson raised their target price on shares of Microsoft from $450.00 to $500.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Westpark Capital reaffirmed a "hold" rating on shares of Microsoft in a research note on Thursday, May 1st. Evercore ISI set a $515.00 price objective on shares of Microsoft and gave the stock an "outperform" rating in a research note on Wednesday, May 21st. Piper Sandler reaffirmed an "overweight" rating on shares of Microsoft in a research note on Wednesday, May 21st. Finally, Wedbush lifted their price objective on shares of Microsoft from $515.00 to $600.00 and gave the stock an "outperform" rating in a research note on Wednesday. Four investment analysts have rated the stock with a hold rating and thirty have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $521.14.

Microsoft Stock Performance

MSFT stock opened at $495.94 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36. The business has a 50-day moving average price of $449.47 and a 200 day moving average price of $421.93. The company has a market capitalization of $3.69 trillion, a P/E ratio of 38.33, a PEG ratio of 2.52 and a beta of 1.03. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $499.30.

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 the consensus estimate of $3.22 by $0.24. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The company had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. During the same quarter 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. As a group, equities research analysts forecast that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders 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 0.67%. Microsoft's payout ratio is 25.66%.

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.

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