Microsoft Corporation (NASDAQ:MSFT) Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC lowered its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,223 shares of the software giant's stock after selling 989 shares during the period. Microsoft accounts for 2.0% of Integrated Advisors Network LLC's holdings, making the stock its 5th biggest position. Integrated Advisors Network LLC's holdings in Microsoft were worth $41,401,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in MSFT. Ball & Co Wealth Management Inc. acquired a new position in Microsoft during the fourth quarter worth approximately $31,000. Fiduciary Advisors Inc. acquired a new position in shares of Microsoft during the 4th quarter worth approximately $38,000. IFS Advisors LLC raised its stake in Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after acquiring an additional 35 shares during the period. LSV Asset Management acquired a new stake in Microsoft during the 4th quarter valued at $44,000. Finally, Fairway Wealth LLC bought a new position in Microsoft during the fourth quarter worth $62,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Insider Activity

In other Microsoft news, 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 now owns 43,100 shares in the company, valued at approximately $19,481,631. The trade was a 23.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Takeshi Numoto sold 3,000 shares of the stock in a transaction dated 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 sale, the executive vice president now directly owns 43,930 shares of the company's stock, valued at approximately $20,339,590. The trade was a 6.39% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 135,743 shares of company stock valued at $60,224,683. Insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

MSFT has been the topic of several research reports. Piper Sandler reaffirmed an "overweight" rating on shares of Microsoft in a research report on Wednesday, May 21st. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $525.00 price objective on shares of Microsoft in a report on Friday, May 23rd. JPMorgan Chase & Co. increased their price objective on Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Barclays boosted their target price on shares of Microsoft from $430.00 to $494.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Finally, Jefferies Financial Group raised their price target on shares of Microsoft from $475.00 to $550.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $515.68.

Microsoft Price Performance

MSFT traded down $2.84 on Friday, reaching $477.40. The stock had a trading volume of 37,241,095 shares, compared to its average volume of 21,515,262. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $3.55 trillion, a price-to-earnings ratio of 36.89, a price-to-earnings-growth ratio of 2.43 and a beta of 1.03. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $483.46. The firm has a 50-day moving average of $437.84 and a 200-day moving average of $420.40.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping the consensus estimate of $3.22 by $0.24. The company had revenue of $70.07 billion for the quarter, compared to analysts' expectations 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 period in the previous year, the business posted $2.94 earnings per share. As a group, sell-side analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Announces Dividend

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 $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.70%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft's dividend payout ratio (DPR) is currently 25.66%.

Microsoft Company 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.