Sava Infond d.o.o. Invests $31.89 Million in Microsoft Co. (NASDAQ:MSFT)

Sava Infond d.o.o. purchased a new position in Microsoft Co. (NASDAQ:MSFT - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 75,650 shares of the software giant's stock, valued at approximately $31,886,000. Microsoft comprises approximately 5.7% of Sava Infond d.o.o.'s holdings, making the stock its 2nd biggest position.

Other institutional investors also recently bought and sold shares of the company. Fiduciary Advisors Inc. bought a new stake in Microsoft in the fourth quarter worth $38,000. IFS Advisors LLC boosted its stake in shares of Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after purchasing an additional 35 shares during the period. Avondale Wealth Management grew its holdings in shares of 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 last quarter. Fairway Wealth LLC purchased a new position in Microsoft in the 4th quarter worth about $62,000. Finally, Sellwood Investment Partners LLC bought a new stake in Microsoft during the 4th quarter valued at about $120,000. 71.13% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Amy Coleman sold 13,243 shares of the business's 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 completion of the sale, the executive vice president now owns 43,100 shares of the company's stock, valued at approximately $19,481,631. The trade was a 23.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Bradford L. Smith sold 6,000 shares of the business's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the completion of the sale, the insider now directly owns 471,036 shares of the company's stock, valued at approximately $204,038,664.12. The trade was a 1.26% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 132,743 shares of company stock valued at $58,835,683. 0.03% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on MSFT shares. Mizuho lifted their price objective on shares of Microsoft from $475.00 to $500.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Raymond James raised their target price on shares of Microsoft from $480.00 to $490.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. BMO Capital Markets reissued an "outperform" rating on shares of Microsoft in a research report on Wednesday, May 21st. Wells Fargo & Company raised their target price on shares of Microsoft from $500.00 to $515.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Finally, Bank of America cut their target price on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. Four analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $513.13.

Microsoft Stock Performance

Shares of MSFT traded up $0.90 during trading hours on Wednesday, hitting $463.87. The stock had a trading volume of 14,135,414 shares, compared to its average volume of 21,449,429. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The firm has a 50-day moving average price of $411.89 and a 200 day moving average price of $415.62. Microsoft Co. has a fifty-two week low of $344.79 and a fifty-two week high of $468.35. The firm has a market capitalization of $3.45 trillion, a price-to-earnings ratio of 37.35, a PEG ratio of 2.21 and a beta of 1.03.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly 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 analyst estimates of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The firm's revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.94 EPS. As a group, research analysts anticipate that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

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

About Microsoft

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.