Silver Oak Wealth Advisors Services LLC Makes New $607,000 Investment in Microsoft Corporation (NASDAQ:MSFT)

Silver Oak Wealth Advisors Services LLC bought a new stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,441 shares of the software giant's stock, valued at approximately $607,000. Microsoft accounts for about 0.5% of Silver Oak Wealth Advisors Services LLC's holdings, making the stock its 20th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MSFT. PKO Investment Management Joint Stock Co purchased a new position in shares of Microsoft during the fourth quarter valued at about $28,240,000. Northstar Financial Companies Inc. bought a new stake in Microsoft during the 4th quarter valued at approximately $4,050,000. Centaurus Financial Inc. boosted its position in Microsoft by 10.5% during the 4th quarter. Centaurus Financial Inc. now owns 78,825 shares of the software giant's stock valued at $33,225,000 after acquiring an additional 7,514 shares in the last quarter. Wealthedge Investment Advisors LLC purchased a new position in shares of Microsoft during the 4th quarter worth approximately $3,433,000. Finally, Campbell Deegan Wealth Management LLC bought a new position in shares of Microsoft in the 4th quarter worth approximately $2,001,000. Institutional investors own 71.13% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on MSFT shares. Guggenheim restated a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. Citigroup boosted their target price on shares of Microsoft from $540.00 to $605.00 and gave the company a "buy" rating in a report on Wednesday, June 11th. JPMorgan Chase & Co. increased 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. BMO Capital Markets reissued an "outperform" rating on shares of Microsoft in a research report on Wednesday, May 21st. Finally, TD Securities boosted their price objective on shares of Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Four analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the company. Based on data from MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and a consensus target price of $515.68.

Insider Buying and Selling

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of the business's stock in a transaction on Friday, May 2nd. The shares were 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 now directly owns 476,999 shares in the company, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Amy Coleman sold 13,243 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the transaction, the executive vice president now owns 43,100 shares in the company, valued at approximately $19,481,631. This trade represents a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is owned by insiders.

Microsoft Trading Down 0.6%

Shares of NASDAQ:MSFT opened at $477.40 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.37 and a quick ratio of 1.36. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $483.46. The company has a market cap of $3.55 trillion, a P/E ratio of 36.89, a PEG ratio of 2.42 and a beta of 1.03. The stock's fifty day moving average price is $437.84 and its 200-day moving average price is $420.28.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The business's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.94 EPS. Sell-side analysts expect that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.70%. Microsoft's dividend payout ratio (DPR) is 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.

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