Microsoft Corporation (NASDAQ:MSFT) Shares Purchased by Sage Capital Advisors llc

Sage Capital Advisors llc boosted its position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 4.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 43,940 shares of the software giant's stock after purchasing an additional 1,802 shares during the quarter. Microsoft accounts for about 4.3% of Sage Capital Advisors llc's investment portfolio, making the stock its 2nd biggest holding. Sage Capital Advisors llc's holdings in Microsoft were worth $16,494,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Ball & Co Wealth Management Inc. bought a new stake in Microsoft during the fourth quarter worth $31,000. Fiduciary Advisors Inc. bought a new position in Microsoft in the 4th quarter valued at approximately $38,000. IFS Advisors LLC raised its holdings in Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after purchasing an additional 35 shares during the last quarter. LSV Asset Management bought a new stake in shares of Microsoft in the 4th quarter valued at $44,000. Finally, Fairway Wealth LLC bought a new stake in shares of Microsoft in the 4th quarter valued at $62,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on MSFT shares. Evercore ISI set a $515.00 price target on shares of Microsoft and gave the company an "outperform" rating in a research report on Wednesday, May 21st. Stifel Nicolaus lifted their price objective on shares of Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. DA Davidson lifted their price objective on shares of Microsoft from $450.00 to $500.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. BMO Capital Markets reaffirmed an "outperform" rating on shares of Microsoft in a report on Wednesday, May 21st. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Microsoft in a report on Wednesday, June 4th. Four investment analysts have rated the stock with a hold rating and thirty have issued a buy rating to the stock. According to MarketBeat, Microsoft presently has a consensus rating of "Moderate Buy" and an average price target of $515.68.

Insiders Place Their Bets

In other Microsoft news, EVP Takeshi Numoto sold 3,000 shares of the business's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total value of $1,389,000.00. Following the completion of the transaction, the executive vice president now owns 43,930 shares of the company's stock, valued at $20,339,590. The trade was a 6.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Judson Althoff sold 16,000 shares of the business's stock in a transaction that occurred on 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 completion of the transaction, the executive vice president now directly owns 98,010 shares of the company's stock, valued at approximately $44,906,221.80. This represents a 14.03% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 135,743 shares of company stock valued at $60,224,683 in the last quarter. Corporate insiders own 0.03% of the company's stock.

Microsoft Price Performance

NASDAQ MSFT opened at $490.11 on Wednesday. The firm's 50-day simple moving average is $441.90 and its two-hundred day simple moving average is $420.91. The company has a quick ratio of 1.36, a current ratio of 1.37 and a debt-to-equity ratio of 0.12. The company has a market cap of $3.64 trillion, a PE ratio of 37.88, a price-to-earnings-growth ratio of 2.47 and a beta of 1.03. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $491.85.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping the consensus estimate of $3.22 by $0.24. The company 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%. Microsoft's revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.94 earnings per share. Research analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be paid a $0.83 dividend. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.68%. Microsoft's dividend payout ratio is presently 25.66%.

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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