Microsoft Corporation (NASDAQ:MSFT) is Koshinski Asset Management Inc.'s 7th Largest Position

Koshinski Asset Management Inc. boosted its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 1.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 49,337 shares of the software giant's stock after acquiring an additional 499 shares during the quarter. Microsoft comprises approximately 1.6% of Koshinski Asset Management Inc.'s portfolio, making the stock its 7th biggest holding. Koshinski Asset Management Inc.'s holdings in Microsoft were worth $18,521,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. J.Safra Asset Management Corp grew its holdings in Microsoft by 39.9% in the first quarter. J.Safra Asset Management Corp now owns 15,122 shares of the software giant's stock valued at $5,677,000 after purchasing an additional 4,312 shares during the last quarter. Hillman Co. grew its holdings in Microsoft by 42.4% in the first quarter. Hillman Co. now owns 80,136 shares of the software giant's stock valued at $30,082,000 after purchasing an additional 23,847 shares during the last quarter. Morton Brown Family Wealth LLC grew its holdings in Microsoft by 6.8% in the first quarter. Morton Brown Family Wealth LLC now owns 2,496 shares of the software giant's stock valued at $937,000 after purchasing an additional 158 shares during the last quarter. G&S Capital LLC grew its holdings in Microsoft by 1.5% in the first quarter. G&S Capital LLC now owns 6,278 shares of the software giant's stock valued at $2,357,000 after purchasing an additional 91 shares during the last quarter. Finally, Altus Wealth Group LLC grew its holdings in Microsoft by 0.3% in the first quarter. Altus Wealth Group LLC now owns 15,283 shares of the software giant's stock valued at $5,737,000 after purchasing an additional 39 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on MSFT. Wall Street Zen raised Microsoft from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Cantor Fitzgerald increased their price objective on Microsoft from $581.00 to $639.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Mizuho increased their price objective on Microsoft from $540.00 to $625.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Evercore ISI increased their price objective on Microsoft from $515.00 to $545.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Finally, The Goldman Sachs Group increased their price objective on Microsoft from $480.00 to $550.00 and gave the company a "buy" rating in a research note on Wednesday, May 21st. Two analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $609.86.

Microsoft Stock Performance

Shares of NASDAQ:MSFT opened at $522.48 on Friday. The company has a market cap of $3.88 trillion, a P/E ratio of 38.30, a PEG ratio of 2.28 and a beta of 1.06. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. Microsoft Corporation has a one year low of $344.79 and a one year high of $555.45. The business's 50-day simple moving average is $501.60 and its 200 day simple moving average is $440.51.

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, beating the consensus estimate of $3.35 by $0.30. The business had revenue of $76.44 billion for the quarter, compared to the consensus estimate of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%. The company's revenue was up 18.1% on a year-over-year basis. During the same period last year, the business posted $2.95 EPS. On average, sell-side analysts forecast that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be issued a dividend of $0.83 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.32 annualized dividend and a yield of 0.6%. Microsoft's payout ratio is currently 24.34%.

Insiders Place Their Bets

In other Microsoft news, EVP Kathleen T. Hogan sold 21,500 shares of Microsoft stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total transaction 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. The trade was a 13.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Takeshi Numoto sold 4,850 shares of Microsoft stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total value of $2,557,502.00. Following the completion of the transaction, the executive vice president owned 39,111 shares of the company's stock, valued at approximately $20,624,012.52. The trade was a 11.03% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 46,350 shares of company stock worth $21,493,447 in the last three months. 0.03% of the stock is owned by insiders.

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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