Microsoft Corporation (NASDAQ:MSFT) Shares Purchased by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC boosted its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 2.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,583 shares of the software giant's stock after purchasing an additional 1,741 shares during the period. Microsoft accounts for approximately 2.2% of Jaffetilchin Investment Partners LLC's holdings, making the stock its 10th largest holding. Jaffetilchin Investment Partners LLC's holdings in Microsoft were worth $30,625,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brady Martz Wealth Solutions LLC increased its stake in shares of Microsoft by 1.4% in the 1st quarter. Brady Martz Wealth Solutions LLC now owns 6,650 shares of the software giant's stock valued at $2,496,000 after buying an additional 95 shares during the period. Mcdaniel Terry & Co. increased its stake in shares of Microsoft by 6.1% in the 4th quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock valued at $133,023,000 after buying an additional 18,052 shares during the period. Strategic Financial Services Inc. increased its stake in shares of Microsoft by 7.8% in the 4th quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant's stock valued at $7,345,000 after buying an additional 1,268 shares during the period. Elevate Wealth Advisory Inc. lifted its holdings in Microsoft by 147.9% in the fourth quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant's stock valued at $737,000 after buying an additional 1,043 shares during the period. Finally, Intellus Advisors LLC acquired a new position in Microsoft in the fourth quarter valued at approximately $16,075,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Microsoft

In related news, EVP Judson Althoff sold 16,000 shares of the company's stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the sale, the executive vice president owned 98,010 shares in the company, valued at approximately $44,906,221.80. This represents a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of the company's stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the sale, the executive vice president owned 43,100 shares in the company, valued at $19,481,631. The trade was a 23.50% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 54,743 shares of company stock valued at $24,921,913. 0.03% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on MSFT shares. Cantor Fitzgerald increased their price objective on shares of Microsoft from $581.00 to $639.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Sanford C. Bernstein lifted their price objective on Microsoft from $540.00 to $637.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Wall Street Zen raised Microsoft from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Piper Sandler lifted their price objective on Microsoft from $600.00 to $650.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Finally, Benchmark reaffirmed a "buy" rating on shares of Microsoft in a research note on Thursday, May 1st. Two investment analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $609.86.

Microsoft Stock Performance

Shares of Microsoft stock opened at $522.04 on Friday. The firm has a market cap of $3.88 trillion, a price-to-earnings ratio of 38.27, a price-to-earnings-growth ratio of 2.28 and a beta of 1.06. The stock's 50-day moving average is $496.85 and its 200-day moving average is $438.29. Microsoft Corporation has a one year low of $344.79 and a one year high of $555.45. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 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%. The company's quarterly revenue was up 18.1% compared to the same quarter last year. During the same period in the previous year, the company posted $2.95 earnings per share. Equities analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, August 21st. Microsoft's payout ratio is 24.34%.

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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