Postrock Partners LLC Makes New $1.94 Million Investment in Microsoft Co. (NASDAQ:MSFT)

Postrock Partners LLC bought a new stake in Microsoft Co. (NASDAQ:MSFT - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,610 shares of the software giant's stock, valued at approximately $1,943,000. Microsoft accounts for about 0.9% of Postrock Partners LLC's investment portfolio, making the stock its 22nd biggest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. Fiduciary Advisors Inc. bought a new position in shares of Microsoft during the fourth quarter valued at $38,000. IFS Advisors LLC raised its stake in Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after buying an additional 35 shares during the last quarter. Avondale Wealth Management grew its holdings in Microsoft by 144.4% in the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. acquired a new stake in Microsoft in the third quarter worth $62,000. Finally, Fairway Wealth LLC acquired a new stake in Microsoft in the fourth quarter worth $62,000. 71.13% of the stock is owned by institutional investors.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Judson Althoff sold 16,000 shares of the stock in a transaction 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Amy Coleman sold 13,243 shares of Microsoft stock in a transaction on Thursday, May 15th. The shares were 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 directly owns 43,100 shares of the company's stock, valued at $19,481,631. This represents a 23.50% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 110,243 shares of company stock worth $48,619,618. Insiders own 0.03% of the company's stock.

Microsoft Price Performance

Shares of MSFT opened at $458.17 on Wednesday. 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 Co. has a 1 year low of $344.79 and a 1 year high of $468.35. The stock has a market cap of $3.41 trillion, a P/E ratio of 36.89, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. The stock's 50-day moving average price is $398.43 and its two-hundred day moving average price is $413.04.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results 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 the consensus estimate of $68.54 billion. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.94 EPS. On average, equities analysts predict that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be issued a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.72%. Microsoft's payout ratio is presently 25.66%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on MSFT shares. Jefferies Financial Group lifted their price objective on shares of Microsoft from $475.00 to $550.00 and gave the company a "buy" rating in a report on Thursday, May 1st. BMO Capital Markets lifted their price objective on shares of Microsoft from $470.00 to $485.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. KeyCorp reaffirmed a "sector weight" rating on shares of Microsoft in a research report on Thursday, April 17th. StockNews.com raised shares of Microsoft from a "hold" rating to a "buy" rating in a report on Monday, May 5th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $510.30.

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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