Microsoft Corporation $MSFT Shares Bought by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC grew its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 1.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 203,863 shares of the software giant's stock after buying an additional 3,532 shares during the period. Microsoft accounts for approximately 2.0% of Axxcess Wealth Management LLC's investment portfolio, making the stock its 4th largest holding. Axxcess Wealth Management LLC's holdings in Microsoft were worth $76,529,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ball & Co Wealth Management Inc. acquired a new stake in shares of Microsoft in the 4th quarter valued at $31,000. Newton One Investments LLC increased its holdings in Microsoft by 66.7% in the first quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock valued at $28,000 after purchasing an additional 30 shares during the last quarter. LSV Asset Management bought a new position in Microsoft during the fourth quarter worth about $44,000. Fairway Wealth LLC acquired a new position in shares of Microsoft during the 4th quarter worth about $62,000. Finally, IFS Advisors LLC grew its position in shares of Microsoft by 50.0% during the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock worth $57,000 after buying an additional 50 shares during the period. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Microsoft

In related news, EVP Takeshi Numoto sold 4,850 shares of the company's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total transaction of $2,557,502.00. Following the sale, the executive vice president owned 39,111 shares in the company, valued at approximately $20,624,012.52. This represents a 11.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 8,850 shares of company stock worth $4,406,512 in the last 90 days. Corporate insiders own 0.03% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on MSFT. Bank of America boosted their target price on Microsoft from $585.00 to $640.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Cantor Fitzgerald boosted their target price on Microsoft from $581.00 to $639.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. TD Cowen boosted their target price on Microsoft from $580.00 to $640.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Truist Financial boosted their target price on Microsoft from $650.00 to $675.00 and gave the company a "buy" rating in a research note on Monday, August 18th. Finally, Raymond James Financial boosted their target price on Microsoft from $490.00 to $570.00 and gave the company an "outperform" rating in a research note on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, Microsoft has a consensus rating of "Moderate Buy" and a consensus target price of $612.54.

Microsoft Stock Down 0.6%

MSFT stock opened at $504.26 on Tuesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35. The stock has a market capitalization of $3.75 trillion, a P/E ratio of 36.97, a P/E/G ratio of 2.22 and a beta of 1.06. The business has a 50-day moving average of $506.58 and a 200-day moving average of $445.18. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $555.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, topping the consensus estimate of $3.35 by $0.30. The company had revenue of $76.44 billion during the quarter, compared to analysts' expectations of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.Microsoft's revenue for the quarter was up 18.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. On average, sell-side analysts anticipate that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft's dividend payout ratio is currently 24.34%.

About Microsoft

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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