Napatree Capital LLC Has $3.55 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Napatree Capital LLC boosted its position in Microsoft Co. (NASDAQ:MSFT - Free Report) by 11.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 8,425 shares of the software giant's stock after purchasing an additional 850 shares during the period. Microsoft comprises 2.1% of Napatree Capital LLC's holdings, making the stock its 9th largest position. Napatree Capital LLC's holdings in Microsoft were worth $3,551,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. Fiduciary Advisors Inc. acquired a new position in shares of Microsoft in the fourth quarter valued at about $38,000. IFS Advisors LLC grew its stake in shares of Microsoft by 53.8% in the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after acquiring an additional 35 shares in the last quarter. Avondale Wealth Management grew its stake in shares of Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares in the last quarter. Fairway Wealth LLC bought a new position in shares of Microsoft during the fourth quarter worth approximately $62,000. Finally, Kieckhefer Group LLC bought a new position in shares of Microsoft during the fourth quarter worth approximately $141,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Trading Up 0.0%

NASDAQ:MSFT traded up $0.09 during trading hours on Friday, hitting $458.77. 34,758,620 shares of the company were exchanged, compared to its average volume of 21,504,528. The stock has a market capitalization of $3.41 trillion, a price-to-earnings ratio of 36.94, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35. The company has a fifty day simple moving average of $409.00 and a 200 day simple moving average of $415.17. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. The firm had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company's revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.94 EPS. Sell-side analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a dividend yield of 0.72%. Microsoft's dividend payout ratio is currently 25.66%.

Insider Activity

In other news, EVP Amy Coleman sold 13,243 shares of the company's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the transaction, the executive vice president now owns 43,100 shares in the company, valued at approximately $19,481,631. This represents a 23.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bradford L. Smith sold 6,000 shares of the company's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the transaction, the insider now owns 471,036 shares in the company, valued at $204,038,664.12. This represents a 1.26% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 131,743 shares of company stock worth $58,375,673. Company insiders own 0.03% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on MSFT. KeyCorp reaffirmed a "sector weight" rating on shares of Microsoft in a report on Thursday, April 17th. Tigress Financial lifted their price objective on Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a report on Thursday, March 20th. UBS Group dropped their price objective on Microsoft from $510.00 to $480.00 and set a "buy" rating for the company in a report on Monday, April 14th. Mizuho lifted their price objective on Microsoft from $475.00 to $500.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Finally, Barclays lifted their price objective on Microsoft from $430.00 to $494.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company's stock. According to data from MarketBeat, Microsoft currently has a consensus rating of "Moderate Buy" and a consensus price target of $513.13.

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.