Microsoft Corporation $MSFT Shares Sold by Grove Bank & Trust

Key Points

• Grove Bank & Trust has reduced its stake in Microsoft by 1.6%, owning 37,617 shares worth approximately $18.71 million, making it the bank's 8th largest holding.
• Top executives, including CEO Satya Nadella, sold significant shares recently, with Nadella selling 149,205 shares valued at about $75.3 million, resulting in a 15.87% decrease in his ownership.
• Microsoft announced a quarterly dividend increase from $0.83 to $0.91, with a yield of 0.7%, reflecting the company's strong financial performance amidst a record revenue of $76.44 billion for the last quarter.

Grove Bank & Trust decreased its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 1.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 37,617 shares of the software giant's stock after selling 597 shares during the period. Microsoft accounts for about 2.3% of Grove Bank & Trust's portfolio, making the stock its 8th largest holding. Grove Bank & Trust's holdings in Microsoft were worth $18,711,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Bulwark Capital Corp bought a new position in shares of Microsoft during the second quarter worth approximately $32,000. Ball & Co Wealth Management Inc. acquired a new stake in Microsoft during the fourth quarter worth approximately $31,000. Newton One Investments LLC grew its position in Microsoft by 66.7% during the first quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock worth $28,000 after buying an additional 30 shares in the last quarter. LSV Asset Management bought a new position in Microsoft during the 4th quarter worth $44,000. Finally, IFS Advisors LLC raised its holdings in Microsoft by 50.0% in the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock valued at $57,000 after acquiring an additional 50 shares in the last quarter. 71.13% of the stock is owned by institutional investors.

Insider Buying and Selling

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

Microsoft Stock Performance

Shares of MSFT stock opened at $511.46 on Monday. The firm has a market capitalization of $3.80 trillion, a price-to-earnings ratio of 37.50, a PEG ratio of 2.23 and a beta of 1.04. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12. The business's 50-day moving average price is $512.03 and its 200-day moving average price is $463.19. Microsoft Corporation has a 12 month low of $344.79 and a 12 month high of $555.45.

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

Microsoft Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a $0.91 dividend. The ex-dividend date is Thursday, November 20th. This is an increase 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 is currently 24.34%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on MSFT shares. Evercore ISI increased their price objective on shares of Microsoft from $515.00 to $545.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. KeyCorp raised shares of Microsoft from a "sector weight" rating to an "overweight" rating and set a $630.00 price target for the company in a report on Thursday, July 31st. Raymond James Financial lifted their price objective on shares of Microsoft from $490.00 to $570.00 and gave the company an "outperform" rating in a research note on Monday, July 28th. Sanford C. Bernstein boosted their price objective on shares of Microsoft from $540.00 to $637.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Finally, Citigroup upped their target price on Microsoft from $605.00 to $613.00 and gave the stock a "buy" rating in a research note on Tuesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $614.45.

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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