Microsoft Corporation (NASDAQ:MSFT) Stock Holdings Lessened by SFG Wealth Management LLC.

SFG Wealth Management LLC. trimmed its holdings in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 34.3% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 4,658 shares of the software giant's stock after selling 2,437 shares during the quarter. Microsoft accounts for about 0.9% of SFG Wealth Management LLC.'s holdings, making the stock its 24th biggest holding. SFG Wealth Management LLC.'s holdings in Microsoft were worth $1,749,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. WFA Asset Management Corp raised its holdings in Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock worth $427,000 after acquiring an additional 216 shares during the last quarter. Ironwood Wealth Management LLC. increased its holdings in shares of Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock worth $5,658,000 after purchasing an additional 38 shares in the last quarter. Discipline Wealth Solutions LLC raised its stake in shares of Microsoft by 410.4% in the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock worth $1,144,000 after purchasing an additional 2,138 shares during the last quarter. Wealth Group Ltd. lifted its holdings in shares of Microsoft by 1.2% during the fourth quarter. Wealth Group Ltd. now owns 2,374 shares of the software giant's stock valued at $1,000,000 after purchasing an additional 28 shares in the last quarter. Finally, Tallon Kerry Patrick purchased a new stake in shares of Microsoft during the fourth quarter valued at $1,375,000. Institutional investors own 71.13% of the company's stock.

Insider Transactions at Microsoft

In other 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 transaction of $5,985,968.43. Following the completion of the transaction, the executive vice president owned 43,100 shares of the company's stock, valued at approximately $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Kathleen T. Hogan sold 21,500 shares of Microsoft stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total value of $9,756,055.00. Following the sale, the executive vice president directly owned 134,888 shares in the company, valued at approximately $61,208,127.76. This trade represents a 13.75% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 54,743 shares of company stock valued at $24,921,913. 0.03% of the stock is currently owned by insiders.

Microsoft Stock Down 0.8%

Shares of MSFT traded down $4.10 during midday trading on Thursday, reaching $520.84. 16,045,615 shares of the company were exchanged, compared to its average volume of 19,850,260. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $555.45. The stock has a 50-day moving average price of $495.59 and a 200-day moving average price of $437.64. 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 company has a market cap of $3.87 trillion, a price-to-earnings ratio of 38.18, a P/E/G ratio of 2.30 and a beta of 1.06.

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

Microsoft Announces Dividend

The company 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 dividend of $0.83 per share. This represents a $3.32 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, August 21st. Microsoft's dividend payout ratio is currently 24.34%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Wells Fargo & Company restated an "overweight" rating and set a $650.00 target price (up previously from $600.00) on shares of Microsoft in a research note on Thursday, July 31st. Benchmark reissued a "buy" rating on shares of Microsoft in a report on Thursday, May 1st. Stifel Nicolaus increased their price objective on shares of Microsoft from $500.00 to $550.00 and gave the company a "buy" rating in a research report on Monday, July 28th. Barclays lifted their target price on shares of Microsoft from $550.00 to $625.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada boosted their target price on shares of Microsoft from $525.00 to $640.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Two research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $609.86.

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.