Microsoft Corporation (NASDAQ:MSFT) Shares Bought by Iams Wealth Management LLC

Iams Wealth Management LLC raised its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 11.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,357 shares of the software giant's stock after purchasing an additional 1,289 shares during the period. Microsoft accounts for 2.1% of Iams Wealth Management LLC's portfolio, making the stock its 5th largest holding. Iams Wealth Management LLC's holdings in Microsoft were worth $4,639,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Microsoft by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 684,071,705 shares of the software giant's stock valued at $288,336,224,000 after buying an additional 10,431,988 shares during the period. Geode Capital Management LLC grew its holdings in shares of Microsoft by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 168,128,024 shares of the software giant's stock worth $70,720,874,000 after purchasing an additional 3,103,212 shares during the last quarter. Norges Bank acquired a new stake in Microsoft in the 4th quarter valued at about $44,343,058,000. Northern Trust Corp lifted its holdings in Microsoft by 16.1% during the 4th quarter. Northern Trust Corp now owns 83,787,746 shares of the software giant's stock worth $35,316,535,000 after buying an additional 11,600,470 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Microsoft by 9.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 59,961,337 shares of the software giant's stock valued at $25,273,704,000 after acquiring an additional 5,370,546 shares during the period. Institutional investors own 71.13% of the company's stock.

Insider Buying and Selling

In related news, EVP Amy Coleman sold 13,243 shares of the firm's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $452.01, for a total value of $5,985,968.43. Following the transaction, the executive vice president owned 43,100 shares of the company's stock, valued at $19,481,631. This trade represents a 23.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Judson Althoff sold 16,000 shares of Microsoft stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $458.18, for a total value of $7,330,880.00. Following the completion of the sale, the executive vice president owned 98,010 shares of the company's stock, valued at $44,906,221.80. The trade was a 14.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 135,743 shares of company stock worth $60,224,683 over the last ninety days. Corporate insiders own 0.03% of the company's stock.

Analyst Ratings Changes

MSFT has been the topic of a number of analyst reports. Royal Bank Of Canada reissued an "outperform" rating and issued a $525.00 price target on shares of Microsoft in a research note on Friday, May 23rd. Cantor Fitzgerald increased their price objective on shares of Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Piper Sandler reiterated an "overweight" rating on shares of Microsoft in a report on Wednesday, May 21st. Stifel Nicolaus raised their target price on shares of Microsoft from $475.00 to $500.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Finally, TD Securities increased their price objective on Microsoft from $475.00 to $490.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Five equities research analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $521.14.

Microsoft Price Performance

MSFT stock traded down $5.36 during mid-day trading on Tuesday, hitting $492.05. The company had a trading volume of 19,918,903 shares, compared to its average volume of 21,650,352. The company has a 50-day moving average price of $452.23 and a 200 day moving average price of $422.09. Microsoft Corporation has a 12-month low of $344.79 and a 12-month high of $500.76. The company has a market capitalization of $3.66 trillion, a price-to-earnings ratio of 38.03, a P/E/G ratio of 2.52 and a beta of 1.03. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion during the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. Microsoft's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the business earned $2.94 earnings per share. On average, research analysts anticipate that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be paid a $0.83 dividend. This represents a $3.32 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio is currently 25.66%.

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.