Microsoft Corporation (NASDAQ:MSFT) Shares Sold by Marshall & Sullivan Inc. WA

Marshall & Sullivan Inc. WA lessened its position in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 1.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 36,086 shares of the software giant's stock after selling 511 shares during the quarter. Microsoft makes up about 6.9% of Marshall & Sullivan Inc. WA's holdings, making the stock its 2nd largest position. Marshall & Sullivan Inc. WA's holdings in Microsoft were worth $13,546,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in MSFT. Ball & Co Wealth Management Inc. acquired a new position in Microsoft in the 4th quarter valued at about $31,000. Fiduciary Advisors Inc. acquired a new position in Microsoft in the 4th quarter valued at about $38,000. LSV Asset Management acquired a new position in Microsoft in the 4th quarter valued at about $44,000. Fairway Wealth LLC acquired a new position in Microsoft in the 4th quarter valued at about $62,000. Finally, Sellwood Investment Partners LLC acquired a new position in shares of Microsoft during the 4th quarter valued at about $120,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $495.94 on Monday. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $499.30. The firm's 50-day simple moving average is $449.47 and its 200 day simple moving average is $421.74. 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 stock has a market cap of $3.69 trillion, a P/E ratio of 38.33, a P/E/G ratio of 2.52 and a beta of 1.03.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued 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. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The business had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. During the same period in the previous year, the business earned $2.94 earnings per share. The company's revenue was up 13.3% on a year-over-year basis. Equities analysts expect that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

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

Wall Street Analyst Weigh In

MSFT has been the topic of several recent analyst reports. Tigress Financial increased their price objective on shares of Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a report on Thursday, March 20th. KeyCorp restated a "sector weight" rating on shares of Microsoft in a report on Thursday, April 17th. Wells Fargo & Company raised their price target on shares of Microsoft from $565.00 to $585.00 and gave the company an "overweight" rating in a report on Wednesday, June 25th. TD Securities raised their price target on shares of Microsoft from $475.00 to $490.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Finally, Cantor Fitzgerald raised their price target on shares of Microsoft from $502.00 to $512.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Four analysts have rated the stock with a hold rating and thirty have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $521.14.

Insider Activity at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of the business's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $436.05, for a total value of $32,703,750.00. Following the sale, the insider now directly owns 476,999 shares in the company, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Takeshi Numoto sold 1,000 shares of the business's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $460.01, for a total transaction of $460,010.00. Following the completion of the sale, the executive vice president now owns 47,058 shares in the company, valued at approximately $21,647,150.58. This trade represents a 2.08% 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. 0.03% of the stock is currently owned by corporate 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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