Microsoft Corporation $MSFT Shares Purchased by PTM Wealth Management LLC

Key Points

• PTM Wealth Management LLC increased its stake in Microsoft by 42.0% in Q2, now holding 1,795 shares worth approximately $895,000.
• CEO Satya Nadella sold 149,205 shares worth nearly $75.3 million, representing a 15.87% decrease in his position.
• Analysts have raised their price targets for Microsoft, with Truist Financial setting a new target of $675.00 and many others recommending a "buy" rating.

PTM Wealth Management LLC lifted its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 42.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,795 shares of the software giant's stock after purchasing an additional 531 shares during the quarter. Microsoft comprises about 0.6% of PTM Wealth Management LLC's portfolio, making the stock its 15th biggest position. PTM Wealth Management LLC's holdings in Microsoft were worth $895,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank acquired a new stake in Microsoft during the 4th quarter worth about $44,343,058,000. Nuveen LLC acquired a new stake in Microsoft during the 1st quarter worth about $18,733,827,000. GAMMA Investing LLC lifted its position in Microsoft by 40,290.4% during the 1st quarter. GAMMA Investing LLC now owns 46,695,303 shares of the software giant's stock worth $17,528,950,000 after acquiring an additional 46,579,693 shares during the period. Northern Trust Corp raised its stake in shares of Microsoft by 16.1% during the 4th quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant's stock valued at $35,316,535,000 after buying an additional 11,600,470 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Microsoft by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant's stock valued at $288,336,224,000 after buying an additional 10,431,988 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

Insider Activity at Microsoft

In other news, CEO Satya Nadella sold 149,205 shares of the business's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $504.78, for a total transaction of $75,315,699.90. Following the transaction, the chief executive officer directly owned 790,852 shares in the company, valued at $399,206,272.56. The trade was a 15.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Takeshi Numoto sold 4,850 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $527.32, for a total value of $2,557,502.00. Following the completion of the transaction, the executive vice president owned 39,111 shares in the company, valued at $20,624,012.52. This represents a 11.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MSFT. Truist Financial lifted their price objective on Microsoft from $650.00 to $675.00 and gave the company a "buy" rating in a research note on Monday, August 18th. Wedbush lifted their price objective on Microsoft from $600.00 to $625.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Stifel Nicolaus lifted their price objective on Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a research note on Monday, July 28th. Barclays reiterated an "overweight" rating and set a $625.00 price objective on shares of Microsoft in a research note on Friday, August 29th. Finally, DA Davidson lifted their price objective on Microsoft from $600.00 to $650.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $612.54.

Microsoft Trading Up 1.9%

Shares of Microsoft stock opened at $517.93 on Monday. The stock has a market cap of $3.85 trillion, a P/E ratio of 37.97, a P/E/G ratio of 2.26 and a beta of 1.04. The stock's 50 day simple moving average is $511.71 and its 200-day simple moving average is $458.74. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $555.45. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results 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 business had revenue of $76.44 billion for 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%.The business's revenue for the quarter was up 18.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.95 EPS. Microsoft has set its Q1 2026 guidance at EPS. Analysts predict that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.91 per share. The ex-dividend date is Thursday, November 20th. This represents a $3.64 annualized dividend and a dividend yield of 0.7%. This is an increase from Microsoft's previous quarterly dividend of $0.83. Microsoft's payout ratio is presently 24.34%.

Microsoft 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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