Sandbox Financial Partners LLC Has $14.99 Million Position in Microsoft Corporation (NASDAQ:MSFT)

Sandbox Financial Partners LLC reduced its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 3.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 39,943 shares of the software giant's stock after selling 1,234 shares during the quarter. Microsoft makes up 5.3% of Sandbox Financial Partners LLC's portfolio, making the stock its 3rd biggest position. Sandbox Financial Partners LLC's holdings in Microsoft were worth $14,994,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Adamsbrown Wealth Consultants LLC grew its stake in shares of Microsoft by 2.2% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock worth $2,515,000 after purchasing an additional 130 shares in the last quarter. Mcdaniel Terry & Co. grew its stake in shares of Microsoft by 6.1% in the 4th quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock worth $133,023,000 after purchasing an additional 18,052 shares during the last quarter. 1900 Wealth Management LLC raised its holdings in shares of Microsoft by 3.0% in the 4th quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock worth $4,274,000 after purchasing an additional 294 shares in the last quarter. Strategic Financial Services Inc. boosted its holdings in Microsoft by 7.8% during the fourth quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant's stock worth $7,345,000 after buying an additional 1,268 shares in the last quarter. Finally, Elevate Wealth Advisory Inc. grew its position in Microsoft by 147.9% in the fourth quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant's stock worth $737,000 after buying an additional 1,043 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Trading Up 1.5%

Shares of NASDAQ MSFT opened at $498.25 on Friday. The business has a 50 day simple moving average of $461.41 and a 200 day simple moving average of $423.67. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $500.76. The stock has a market cap of $3.70 trillion, a price-to-earnings ratio of 38.50, a PEG ratio of 2.26 and a beta of 1.04. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.36 and a current ratio of 1.37.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted 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. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The company had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. During the same period in the previous year, the firm posted $2.94 earnings per share. The company's revenue for the quarter was up 13.3% compared to the same quarter last year. On average, research analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MSFT. Guggenheim reiterated a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. Scotiabank lifted their price target on Microsoft from $470.00 to $500.00 and gave the stock a "sector outperform" rating in a research note on Thursday, May 1st. Piper Sandler restated an "overweight" rating on shares of Microsoft in a report on Wednesday, May 21st. Wall Street Zen cut shares of Microsoft from a "buy" rating to a "hold" rating in a report on Monday, June 30th. Finally, Evercore ISI set a $515.00 target price on shares of Microsoft and gave the stock an "outperform" rating in a research report on Wednesday, May 21st. Five investment analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $524.71.

Insider Activity at Microsoft

In other news, insider Bradford L. Smith sold 75,000 shares of the company's stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $436.05, for a total transaction of $32,703,750.00. Following the completion of the sale, the insider owned 476,999 shares in the company, valued at approximately $207,995,413.95. This represents a 13.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Judson Althoff sold 16,000 shares of the stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $458.18, for a total value of $7,330,880.00. Following the transaction, the executive vice president directly owned 98,010 shares in the company, valued at approximately $44,906,221.80. This represents a 14.03% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 135,743 shares of company stock valued at $60,224,683. 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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