Microsoft Corporation $MSFT Shares Sold by Coastline Trust Co

Coastline Trust Co lessened its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 0.5% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 95,730 shares of the software giant's stock after selling 511 shares during the period. Microsoft makes up about 5.5% of Coastline Trust Co's holdings, making the stock its 2nd largest position. Coastline Trust Co's holdings in Microsoft were worth $47,617,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in MSFT. Newton One Investments LLC grew its stake 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 acquiring an additional 30 shares during the period. Ball & Co Wealth Management Inc. acquired a new stake in Microsoft in the fourth quarter valued at approximately $31,000. Bulwark Capital Corp bought a new position in shares of Microsoft in the second quarter valued at approximately $32,000. Westend Capital Management LLC lifted its holdings in shares of Microsoft by 386.7% in the second quarter. Westend Capital Management LLC now owns 73 shares of the software giant's stock valued at $36,000 after purchasing an additional 58 shares in the last quarter. Finally, LSV Asset Management bought a new position in shares of Microsoft in the fourth quarter valued at approximately $44,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Insider Activity

In related news, EVP Takeshi Numoto sold 4,850 shares of the firm'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 transaction, the executive vice president directly owned 39,111 shares of the company's stock, valued at approximately $20,624,012.52. This trade represents a 11.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Satya Nadella sold 149,205 shares of the firm's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $504.78, for a total value of $75,315,699.90. Following the transaction, the chief executive officer directly owned 790,852 shares in the company, valued at approximately $399,206,272.56. This represents a 15.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.03% of the stock is owned by insiders.

Microsoft Stock Performance

Shares of MSFT opened at $513.57 on Wednesday. The firm has a market cap of $3.82 trillion, a PE ratio of 37.65, a PEG ratio of 2.24 and a beta of 1.03. The stock's fifty day moving average price is $512.41 and its two-hundred day moving average price is $473.51. 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 Corporation has a 1 year low of $344.79 and a 1 year high of $555.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.35 by $0.30. The firm had revenue of $76.44 billion for the quarter, compared to analyst estimates of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.The business's revenue was up 18.1% on a year-over-year basis. During the same period in the previous year, the company posted $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. On average, equities research analysts forecast that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be given a dividend of $0.91 per share. The ex-dividend date is Thursday, November 20th. This is a positive change from Microsoft's previous quarterly dividend of $0.83. This represents a $3.64 annualized dividend and a yield of 0.7%. Microsoft's dividend payout ratio (DPR) is presently 24.34%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on MSFT. Jefferies Financial Group raised their target price on Microsoft from $600.00 to $675.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Bank of America raised their target price on Microsoft from $585.00 to $640.00 and gave the company a "buy" rating in a report on Thursday, July 31st. TD Cowen raised their target price on Microsoft from $580.00 to $640.00 and gave the company a "buy" rating in a report on Thursday, July 31st. UBS Group restated a "buy" rating and issued a $650.00 target price (up previously from $600.00) on shares of Microsoft in a report on Thursday, July 31st. Finally, Cantor Fitzgerald raised their target price on Microsoft from $581.00 to $639.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Microsoft currently has a consensus rating of "Moderate Buy" and a consensus price target of $618.47.

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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