Nadler Financial Group Inc. Cuts Stock Holdings in Microsoft Corporation (NASDAQ:MSFT)

Nadler Financial Group Inc. cut its stake in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 8.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,253 shares of the software giant's stock after selling 2,514 shares during the period. Microsoft makes up approximately 1.2% of Nadler Financial Group Inc.'s holdings, making the stock its 19th largest holding. Nadler Financial Group Inc.'s holdings in Microsoft were worth $10,606,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. WFA Asset Management Corp boosted its holdings in shares of Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock valued at $427,000 after purchasing an additional 216 shares during the last quarter. Ironwood Wealth Management LLC. increased its stake 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 buying an additional 38 shares during the period. Discipline Wealth Solutions LLC increased its stake 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. increased its stake 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 acquired a new position in Microsoft during the 4th quarter worth $1,375,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MSFT. Wedbush lifted their price target on shares of Microsoft from $600.00 to $625.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Loop Capital boosted their target price on shares of Microsoft from $550.00 to $600.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. BMO Capital Markets boosted their target price on shares of Microsoft from $550.00 to $650.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. UBS Group restated a "buy" rating and set a $650.00 price target (up from $600.00) on shares of Microsoft in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada boosted their price target on shares of Microsoft from $525.00 to $640.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. 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 stock has a consensus rating of "Moderate Buy" and an average target price of $609.86.

Microsoft Stock Down 0.8%

Shares of NASDAQ MSFT opened at $520.84 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.12. The firm has a fifty day simple moving average of $495.59 and a two-hundred day simple moving average of $437.64. The firm has a market capitalization of $3.87 trillion, a PE ratio of 38.18, a price-to-earnings-growth ratio of 2.30 and a beta of 1.06. Microsoft Corporation has a 12 month low of $344.79 and a 12 month high of $555.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.35 by $0.30. The firm had revenue of $76.44 billion for the quarter, compared to the consensus estimate of $73.79 billion. Microsoft had a net margin of 36.15% and a return on equity of 32.44%. The business's quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter last year, the firm posted $2.95 EPS. Equities analysts expect that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

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

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Judson Althoff sold 16,000 shares of Microsoft stock in a transaction on Monday, May 19th. The shares were 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 directly owned 98,010 shares of the company's stock, valued at $44,906,221.80. The trade was a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Takeshi Numoto sold 3,000 shares of the business's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total transaction of $1,389,000.00. Following the sale, the executive vice president directly owned 43,930 shares of the company's stock, valued at $20,339,590. This represents a 6.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 54,743 shares of company stock worth $24,921,913. Company insiders own 0.03% of the company's stock.

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.

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