Microsoft Corporation (NASDAQ:MSFT) Shares Purchased by Autumn Glory Partners LLC

Autumn Glory Partners LLC grew its stake in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 7.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,090 shares of the software giant's stock after purchasing an additional 1,301 shares during the quarter. Microsoft makes up approximately 3.3% of Autumn Glory Partners LLC's investment portfolio, making the stock its 4th largest holding. Autumn Glory Partners LLC's holdings in Microsoft were worth $6,791,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. WFA Asset Management Corp increased its stake in Microsoft by 27.0% during the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock worth $427,000 after acquiring an additional 216 shares during the period. Ironwood Wealth Management LLC. grew its position in Microsoft by 0.3% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock worth $5,658,000 after acquiring an additional 38 shares during the last quarter. Discipline Wealth Solutions LLC boosted its position in Microsoft by 410.4% during the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock worth $1,144,000 after buying an additional 2,138 shares during the period. Wealth Group Ltd. boosted its position in Microsoft by 1.2% during the 4th quarter. Wealth Group Ltd. now owns 2,374 shares of the software giant's stock worth $1,000,000 after buying an additional 28 shares during the period. Finally, Tallon Kerry Patrick bought a new stake in shares of Microsoft in the 4th quarter valued at about $1,375,000. Institutional investors own 71.13% of the company's stock.

Insider Transactions at Microsoft

In related news, insider Bradford L. Smith sold 75,000 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the completion of the transaction, the insider owned 476,999 shares of the company's stock, valued at $207,995,413.95. This trade represents a 13.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of the firm's stock in a transaction that occurred on 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 directly owned 43,100 shares of the company's stock, valued at approximately $19,481,631. This trade represents a 23.50% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is owned by insiders.

Microsoft Stock Performance

NASDAQ:MSFT opened at $513.71 on Friday. The business has a 50 day moving average of $483.52 and a 200 day moving average of $431.47. The company has a market capitalization of $3.82 trillion, a price-to-earnings ratio of 39.70, a PEG ratio of 2.32 and a beta of 1.04. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $518.29. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36.

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

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft's payout ratio is 25.66%.

Analysts Set New Price Targets

MSFT has been the topic of a number of analyst reports. The Goldman Sachs Group upped their price target on Microsoft from $480.00 to $550.00 and gave the company a "buy" rating in a research report on Wednesday, May 21st. UBS Group upped their price target on Microsoft from $500.00 to $600.00 and gave the stock a "buy" rating in a research note on Wednesday. Morgan Stanley reaffirmed an "overweight" rating and set a $530.00 price objective (up from $482.00) on shares of Microsoft in a report on Thursday, June 26th. BMO Capital Markets increased their price target on Microsoft from $485.00 to $550.00 and gave the company an "outperform" rating in a research report on Thursday, July 10th. Finally, Barclays raised their target price on Microsoft from $494.00 to $550.00 and gave the stock an "overweight" rating in a research report on Monday, July 21st. Four investment analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the stock. Based on data from MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and a consensus price target of $551.21.

Microsoft 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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