Microsoft Corporation (NASDAQ:MSFT) is CV Advisors LLC's 4th Largest Position

Key Points

• CV Advisors LLC increased its stake in Microsoft Corporation by 6.3%, making it the firm's 4th largest position, valued at approximately $13.2 million.
• Microsoft's quarterly earnings exceeded expectations, reporting $3.65 earnings per share and $76.44 billion in revenue, which is an 18.1% increase year-over-year.
• Insider selling activity was reported, with executive Bradford L. Smith selling 6,000 shares and EVP Kathleen T. Hogan selling 21,500 shares in recent transactions.

CV Advisors LLC raised its stake in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 6.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,273 shares of the software giant's stock after buying an additional 2,092 shares during the quarter. Microsoft makes up approximately 4.6% of CV Advisors LLC's investment portfolio, making the stock its 4th largest position. CV Advisors LLC's holdings in Microsoft were worth $13,217,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. JFS Wealth Advisors LLC grew its holdings in Microsoft by 0.3% in the 1st quarter. JFS Wealth Advisors LLC now owns 20,993 shares of the software giant's stock valued at $7,881,000 after buying an additional 67 shares in the last quarter. Brown Lisle Cummings Inc. grew its holdings in shares of Microsoft by 0.3% during the 1st quarter. Brown Lisle Cummings Inc. now owns 29,904 shares of the software giant's stock worth $11,226,000 after purchasing an additional 76 shares during the period. 5T Wealth LLC grew its holdings in shares of Microsoft by 16.8% during the 1st quarter. 5T Wealth LLC now owns 1,204 shares of the software giant's stock worth $452,000 after purchasing an additional 173 shares during the period. Capstone Capital LLC grew its holdings in shares of Microsoft by 3.1% during the 1st quarter. Capstone Capital LLC now owns 1,718 shares of the software giant's stock worth $645,000 after purchasing an additional 51 shares during the period. Finally, Stiles Financial Services Inc grew its holdings in shares of Microsoft by 3.7% during the 1st quarter. Stiles Financial Services Inc now owns 16,466 shares of the software giant's stock worth $6,184,000 after purchasing an additional 591 shares during the period. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Price Performance

MSFT stock opened at $524.11 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.36. The firm has a market capitalization of $3.90 trillion, a P/E ratio of 38.42, a P/E/G ratio of 2.39 and a beta of 1.06. The business's 50-day moving average is $489.94 and its two-hundred day moving average is $434.88. 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 posted its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.35 by $0.30. The company 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%. Microsoft's revenue for the quarter was up 18.1% compared to the same quarter last year. During the same quarter last year, the company earned $2.95 EPS. Analysts anticipate that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

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 given a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft's dividend payout ratio (DPR) is 24.34%.

Insider Buying and Selling at Microsoft

In other news, insider Bradford L. Smith sold 6,000 shares of the firm's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the sale, the insider owned 471,036 shares of the company's stock, valued at approximately $204,038,664.12. This trade represents a 1.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Kathleen T. Hogan sold 21,500 shares of the firm's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total value of $9,756,055.00. Following the sale, the executive vice president directly owned 134,888 shares in the company, valued at $61,208,127.76. This trade represents a 13.75% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 60,743 shares of company stock worth $27,520,933. 0.03% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

MSFT has been the subject of a number of research analyst reports. TD Cowen increased their price target on Microsoft from $580.00 to $640.00 and gave the stock a "buy" rating in a report on Thursday. Jefferies Financial Group increased their price target on Microsoft from $600.00 to $675.00 and gave the stock a "buy" rating in a report on Thursday. Scotiabank increased their price target on Microsoft from $500.00 to $650.00 and gave the stock a "sector outperform" rating in a report on Thursday. DA Davidson increased their price target on Microsoft from $600.00 to $650.00 and gave the stock a "buy" rating in a report on Thursday. Finally, Wall Street Zen upgraded Microsoft from a "hold" rating to a "buy" rating in a report on Saturday. Two investment analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $609.86.

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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