Microsoft Co. (NASDAQ:MSFT) Shares Acquired by Oribel Capital Management LP

Oribel Capital Management LP increased its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 22.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 216,600 shares of the software giant's stock after acquiring an additional 39,200 shares during the period. Microsoft makes up about 3.1% of Oribel Capital Management LP's portfolio, making the stock its 4th biggest holding. Oribel Capital Management LP's holdings in Microsoft were worth $91,297,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Adamsbrown Wealth Consultants LLC lifted its holdings in shares of Microsoft by 2.2% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock valued at $2,515,000 after buying an additional 130 shares during the period. Mcdaniel Terry & Co. lifted its holdings in Microsoft by 6.1% in the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock valued at $133,023,000 after acquiring an additional 18,052 shares during the period. 1900 Wealth Management LLC boosted its position in Microsoft by 3.0% in the 4th quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock worth $4,274,000 after purchasing an additional 294 shares in the last quarter. Strategic Financial Services Inc. grew its stake in shares of Microsoft by 7.8% during the 4th quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant's stock worth $7,345,000 after purchasing an additional 1,268 shares during the period. Finally, Elevate Wealth Advisory Inc. increased its holdings in shares of Microsoft by 147.9% during the 4th quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant's stock valued at $737,000 after purchasing an additional 1,043 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Insider Activity at Microsoft

In other news, insider Bradford L. Smith sold 75,000 shares of the business'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 transaction, the insider now owns 476,999 shares of the company's stock, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their ownership of the stock. 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 stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 135,743 shares of company stock worth $60,224,683 in the last quarter. Company insiders own 0.03% of the company's stock.

Microsoft Stock Performance

NASDAQ MSFT traded up $6.25 on Thursday, reaching $478.87. The stock had a trading volume of 18,905,074 shares, compared to its average volume of 21,507,291. The stock has a market cap of $3.56 trillion, a P/E ratio of 38.56, a price-to-earnings-growth ratio of 2.21 and a beta of 1.03. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $480.37. The business's 50-day moving average price is $423.22 and its 200 day moving average price is $417.84. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

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

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio is currently 25.66%.

Analyst Upgrades and Downgrades

MSFT has been the topic of several analyst reports. BMO Capital Markets restated an "outperform" rating on shares of Microsoft in a research report on Wednesday, May 21st. Citigroup raised their target price on Microsoft from $540.00 to $605.00 and gave the company a "buy" rating in a research report on Wednesday. Wall Street Zen raised Microsoft from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. Raymond James increased their price target on Microsoft from $480.00 to $490.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Finally, Piper Sandler reaffirmed an "overweight" rating on shares of Microsoft in a research note on Wednesday, May 21st. Four investment analysts have rated the stock with a hold rating and thirty have given a buy rating to the stock. Based on data from MarketBeat.com, Microsoft has an average rating of "Moderate Buy" and a consensus target price of $513.89.

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.