Microsoft Co. (NASDAQ:MSFT) Shares Sold by Clearwater Capital Advisors LLC

Clearwater Capital Advisors LLC trimmed its stake in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 9.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,257 shares of the software giant's stock after selling 1,784 shares during the quarter. Clearwater Capital Advisors LLC's holdings in Microsoft were worth $6,852,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently 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 shares of Microsoft by 6.1% in the 4th quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock valued at $133,023,000 after buying an additional 18,052 shares during the period. Centric Wealth Management lifted its holdings in shares of Microsoft by 0.7% in the 3rd quarter. Centric Wealth Management now owns 16,156 shares of the software giant's stock valued at $6,789,000 after buying 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 lifted its holdings in shares of Microsoft by 2.4% in the 3rd 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 buying an additional 217,509 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Bradford L. Smith sold 6,000 shares of Microsoft stock in a transaction on Monday, May 5th. The stock was sold at an average price of $433.17, for a total value of $2,599,020.00. Following the transaction, the insider now owns 471,036 shares in the company, valued at approximately $204,038,664.12. This trade represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kathleen T. Hogan sold 21,500 shares of Microsoft stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total value of $9,756,055.00. Following the completion of the transaction, the executive vice president now owns 134,888 shares in the company, valued at $61,208,127.76. The trade was a 13.75% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 131,743 shares of company stock valued at $58,375,673 over the last quarter. Company insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Piper Sandler reissued an "overweight" rating on shares of Microsoft in a report on Wednesday. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $525.00 price objective on shares of Microsoft in a research note on Friday. Benchmark reaffirmed a "buy" rating on shares of Microsoft in a research note on Thursday, May 1st. Westpark Capital reaffirmed a "hold" rating on shares of Microsoft in a research note on Thursday, May 1st. Finally, The Goldman Sachs Group raised their price objective on Microsoft from $480.00 to $550.00 and gave the company a "buy" rating in a research note on Wednesday. Four analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $513.13.

Microsoft Price Performance

Shares of NASDAQ:MSFT opened at $450.18 on Friday. The company has a market cap of $3.35 trillion, a P/E ratio of 36.25, a P/E/G ratio of 2.21 and a beta of 0.99. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35. The business has a fifty day simple moving average of $402.37 and a 200-day simple moving average of $413.88.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating 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 return on equity of 33.36% and a net margin of 35.43%. The business's revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.94 earnings per share. Equities research analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio is currently 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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