Microsoft Corporation $MSFT Shares Sold by Pineridge Advisors LLC

Pineridge Advisors LLC trimmed its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 60.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,916 shares of the software giant's stock after selling 9,167 shares during the quarter. Microsoft comprises 0.9% of Pineridge Advisors LLC's portfolio, making the stock its 13th largest position. Pineridge Advisors LLC's holdings in Microsoft were worth $2,221,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Fosun International Ltd increased its stake in shares of Microsoft by 0.3% in the first quarter. Fosun International Ltd now owns 6,633 shares of the software giant's stock worth $2,490,000 after purchasing an additional 23 shares during the period. Alliance Wealth Management Group grew its position in Microsoft by 0.4% during the fourth quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock worth $2,368,000 after buying an additional 25 shares in the last quarter. Guidance Point Advisors LLC grew its position in Microsoft by 0.6% during the fourth quarter. Guidance Point Advisors LLC now owns 4,294 shares of the software giant's stock worth $1,811,000 after buying an additional 25 shares in the last quarter. Life Planning Partners Inc grew its position in Microsoft by 5.1% during the fourth quarter. Life Planning Partners Inc now owns 540 shares of the software giant's stock worth $228,000 after buying an additional 26 shares in the last quarter. Finally, Core Wealth Advisors Inc. grew its position in Microsoft by 1.5% during the fourth quarter. Core Wealth Advisors Inc. now owns 1,856 shares of the software giant's stock worth $782,000 after buying an additional 27 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Microsoft

In other news, EVP Takeshi Numoto sold 4,850 shares of the firm'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 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 8,850 shares of company stock worth $4,406,512 over the last quarter. 0.03% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on MSFT shares. Cantor Fitzgerald lifted their price objective on Microsoft from $581.00 to $639.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Oppenheimer boosted their price objective on shares of Microsoft from $600.00 to $630.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Westpark Capital reiterated a "hold" rating on shares of Microsoft in a research report on Thursday, July 31st. Wall Street Zen upgraded shares of Microsoft from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Finally, Truist Financial upped their price objective on shares of Microsoft from $650.00 to $675.00 and gave the company a "buy" rating in a research report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Microsoft currently has an average rating of "Moderate Buy" and an average target price of $612.54.

Microsoft Stock Down 0.4%

Microsoft stock opened at $502.04 on Wednesday. The stock has a market cap of $3.73 trillion, a P/E ratio of 36.81, a P/E/G ratio of 2.20 and a beta of 1.06. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.12. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $555.45. The company's 50-day moving average price is $507.06 and its two-hundred day moving average price is $445.58.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share 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 analysts' expectations of $73.79 billion. Microsoft had a net margin of 36.15% and a return on equity of 32.44%. The business's revenue was up 18.1% on a year-over-year basis. During the same period in the prior year, the firm earned $2.95 EPS. Microsoft has set its Q1 2026 guidance at EPS. As a group, analysts expect that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

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

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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