Knuff & Co LLC Sells 648 Shares of Microsoft Co. (NASDAQ:MSFT)

Knuff & Co LLC cut its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,925 shares of the software giant's stock after selling 648 shares during the period. Microsoft accounts for about 7.7% of Knuff & Co LLC's portfolio, making the stock its 2nd largest position. Knuff & Co LLC's holdings in Microsoft were worth $25,258,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Adamsbrown Wealth Consultants LLC increased its holdings in Microsoft by 2.2% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock worth $2,515,000 after buying an additional 130 shares during the period. Mcdaniel Terry & Co. raised its holdings in shares of Microsoft by 6.1% during the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock worth $133,023,000 after purchasing an additional 18,052 shares during the last quarter. Centric Wealth Management grew its position in Microsoft by 0.7% during the 3rd quarter. Centric Wealth Management now owns 16,156 shares of the software giant's stock worth $6,789,000 after purchasing an additional 112 shares during the period. 1900 Wealth Management LLC lifted its holdings in shares of Microsoft by 3.0% in the 4th quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock valued at $4,274,000 after buying an additional 294 shares during the period. Finally, The Manufacturers Life Insurance Company raised its position in Microsoft by 2.4% during the third quarter. The Manufacturers Life Insurance Company now owns 9,250,128 shares of the software giant's stock valued at $3,980,299,000 after acquiring an additional 217,509 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Microsoft

In related news, insider Bradford L. Smith sold 75,000 shares of the stock in a transaction that occurred on 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 completion of the transaction, the insider now owns 476,999 shares of the company's stock, valued at approximately $207,995,413.95. This trade represents a 13.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through 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 sale, the executive vice president now directly owns 43,100 shares in the company, valued at approximately $19,481,631. The trade was a 23.50% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 94,243 shares of company stock worth $41,288,738. 0.03% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

MSFT has been the topic of a number of analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. BMO Capital Markets raised their price target on shares of Microsoft from $470.00 to $485.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Morgan Stanley lifted their price objective on shares of Microsoft from $472.00 to $482.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Citigroup increased their target price on shares of Microsoft from $480.00 to $540.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, Westpark Capital restated a "hold" rating on shares of Microsoft in a research note on Thursday, May 1st. Five analysts have rated the stock with a hold rating and thirty have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $510.30.

Microsoft Trading Up 1.0%

Shares of MSFT traded up $4.60 during midday trading on Monday, reaching $458.87. The company had a trading volume of 21,313,890 shares, compared to its average volume of 21,562,482. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $468.35. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The firm has a 50 day simple moving average of $395.33 and a 200-day simple moving average of $412.34. The stock has a market cap of $3.41 trillion, a PE ratio of 36.95, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. The business had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The business's revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.94 EPS. Research analysts forecast that Microsoft Co. 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, June 12th. Stockholders of record on Thursday, May 15th will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 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.