Microsoft Corporation $MSFT Shares Sold by OLD National Bancorp IN

Key Points

• OLD National Bancorp IN trimmed its Microsoft stake by 3.9% in the fourth quarter, selling 12,995 shares and leaving it with 320,860 shares worth about $155.2 million.
• Wall Street remains broadly bullish on MSFT, with 39 Buy ratings and 7 Hold ratings; analysts' average target price is $560.88, and Microsoft’s recent results beat expectations on both earnings and revenue.
• Microsoft also announced a quarterly dividend of $0.91 per share, payable June 11, which works out to an annualized yield of about 0.9%.

OLD National Bancorp IN reduced its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 3.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 320,860 shares of the software giant's stock after selling 12,995 shares during the quarter. Microsoft comprises 2.6% of OLD National Bancorp IN's investment portfolio, making the stock its 6th biggest holding. OLD National Bancorp IN's holdings in Microsoft were worth $155,174,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Longfellow Investment Management Co. LLC raised its holdings in Microsoft by 51.3% during the second quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant's stock worth $29,000 after purchasing an additional 20 shares during the last quarter. Bayforest Capital Ltd acquired a new position in Microsoft during the third quarter worth $38,000. Fairway Wealth LLC raised its holdings in Microsoft by 287.0% during the fourth quarter. Fairway Wealth LLC now owns 89 shares of the software giant's stock worth $43,000 after purchasing an additional 66 shares during the last quarter. LSV Asset Management acquired a new position in Microsoft during the fourth quarter worth $44,000. Finally, Sellwood Investment Partners LLC acquired a new position in Microsoft during the third quarter worth $49,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on MSFT shares. New Street Research reduced their price objective on Microsoft from $675.00 to $600.00 and set a "buy" rating for the company in a report on Thursday, April 30th. Arete Research lifted their price objective on Microsoft from $730.00 to $870.00 and gave the stock a "buy" rating in a report on Tuesday, May 5th. Scotiabank reduced their price objective on Microsoft from $600.00 to $550.00 and set an "outperform" rating for the company in a report on Thursday, April 30th. Wolfe Research reduced their price objective on Microsoft from $625.00 to $530.00 and set an "outperform" rating for the company in a report on Thursday, January 29th. Finally, DA Davidson reduced their price objective on Microsoft from $650.00 to $550.00 and set a "buy" rating for the company in a report on Thursday, April 30th. Thirty-nine analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $560.88.

Microsoft Stock Performance

NASDAQ MSFT opened at $423.54 on Tuesday. Microsoft Corporation has a fifty-two week low of $356.28 and a fifty-two week high of $555.45. The stock has a market cap of $3.15 trillion, a price-to-earnings ratio of 25.21, a price-to-earnings-growth ratio of 1.52 and a beta of 1.10. The business has a fifty day moving average of $398.43 and a 200-day moving average of $439.92. The company has a quick ratio of 1.27, a current ratio of 1.28 and a debt-to-equity ratio of 0.08.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The software giant reported $4.27 earnings per share for the quarter, topping analysts' consensus estimates of $4.06 by $0.21. The company had revenue of $82.89 billion during the quarter, compared to analysts' expectations of $81.44 billion. Microsoft had a return on equity of 31.94% and a net margin of 39.34%.The business's revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.46 earnings per share. As a group, analysts predict that Microsoft Corporation will post 16.76 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be given a $0.91 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. Microsoft's payout ratio is currently 21.67%.

Insider Activity

In other news, EVP Amy Coleman sold 1,262 shares of Microsoft stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $411.34, for a total value of $519,111.08. Following the completion of the sale, the executive vice president owned 46,003 shares of the company's stock, valued at $18,922,874.02. The trade was a 2.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kathleen T. Hogan sold 12,321 shares of Microsoft stock in a transaction on Friday, March 6th. The shares were sold at an average price of $409.52, for a total value of $5,045,695.92. Following the completion of the sale, the executive vice president directly owned 137,933 shares of the company's stock, valued at approximately $56,486,322.16. This represents a 8.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.03% of the company's stock.

Microsoft News Roundup

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: The OpenAI lawsuit defeat for Elon Musk clears a major legal overhang and is seen as helping Microsoft’s AI ecosystem and partner exposure. Musk loses blockbuster OpenAI suit as jury says too late
• Positive Sentiment: Bill Ackman’s Pershing Square disclosed a new, large Microsoft stake, reinforcing the view that some major investors see MSFT as undervalued relative to its AI growth prospects. MSFT Stock Alert: What to Know as Bill Ackman Adds Microsoft Position
• Positive Sentiment: Analysts and market commentators highlighted Microsoft as a beneficiary of enterprise AI adoption, with Azure and Copilot demand still driving the long-term growth story. Microsoft Rides on Enterprise AI Advancements: More Upside Ahead?
• Neutral Sentiment: Several fund updates showed mixed institutional activity, including notable purchases and trims, which points to continued debate over Microsoft’s near-term valuation rather than a clear change in fundamentals. Pershing Square boosts Microsoft stake with 5.65M shares
• Negative Sentiment: Some headlines flagged potential pressure points, including worries that GitHub AI competition is intensifying and that higher AI infrastructure spending could weigh on margins. Microsoft (MSFT) Faces GitHub AI Crisis as OpenAI’s Codex and Rivals Catch Up

About Microsoft

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft's product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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