Sonnipe Ltd Has $2.11 Million Stock Position in Microsoft Co. (NASDAQ:MSFT)

Sonnipe Ltd lessened its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 50.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,000 shares of the software giant's stock after selling 5,000 shares during the period. Microsoft makes up approximately 0.2% of Sonnipe Ltd's portfolio, making the stock its 3rd biggest holding. Sonnipe Ltd's holdings in Microsoft were worth $2,108,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Muirfield Wealth Advisors LLC boosted its holdings in shares of Microsoft by 0.5% in the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant's stock valued at $1,866,000 after buying an additional 24 shares during the period. Retirement Financial Solutions LLC boosted its stake in Microsoft by 2.3% during the 4th quarter. Retirement Financial Solutions LLC now owns 1,050 shares of the software giant's stock valued at $443,000 after purchasing an additional 24 shares during the period. Boulder Wealth Advisors LLC grew its position in Microsoft by 1.0% in the 3rd quarter. Boulder Wealth Advisors LLC now owns 2,569 shares of the software giant's stock worth $1,106,000 after purchasing an additional 25 shares during the last quarter. Sterling Group Wealth Management LLC increased its stake in shares of Microsoft by 0.5% in the fourth quarter. Sterling Group Wealth Management LLC now owns 5,540 shares of the software giant's stock valued at $2,335,000 after purchasing an additional 25 shares during the period. Finally, Kuhn & Co Investment Counsel raised its holdings in shares of Microsoft by 0.8% during the fourth quarter. Kuhn & Co Investment Counsel now owns 3,286 shares of the software giant's stock valued at $1,385,000 after buying an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Microsoft Stock Up 0.2%

Shares of MSFT traded up $0.90 during mid-day trading on Wednesday, hitting $463.87. 14,136,735 shares of the company's stock were exchanged, compared to its average volume of 21,477,914. The stock has a market cap of $3.45 trillion, a price-to-earnings ratio of 37.35, a P/E/G ratio of 2.21 and a beta of 1.03. The firm has a fifty day moving average of $413.59 and a two-hundred day moving average of $415.95. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The business had revenue of $70.07 billion during the quarter, compared to analysts' expectations of $68.54 billion. During the same period in the previous year, the company earned $2.94 earnings per share. Microsoft's revenue for the quarter was up 13.3% on a year-over-year basis. On average, sell-side analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

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

Insider Activity at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total value of $32,703,750.00. Following the completion of the sale, the insider now owns 476,999 shares in the company, valued at approximately $207,995,413.95. This trade represents a 13.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Judson Althoff sold 16,000 shares of Microsoft stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $458.18, for a total value of $7,330,880.00. Following the sale, the executive vice president now directly owns 98,010 shares in the company, valued at $44,906,221.80. The trade was a 14.03% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 135,743 shares of company stock worth $60,224,683 in the last 90 days. 0.03% of the stock is owned by company insiders.

Analysts Set New Price Targets

MSFT has been the subject of a number of recent analyst reports. Barclays increased their price objective on Microsoft from $430.00 to $494.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Wall Street Zen raised Microsoft from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. Bank of America cut their price objective on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. JPMorgan Chase & Co. upped their price objective on shares of Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Finally, Morgan Stanley reissued an "overweight" rating on shares of Microsoft in a research note on Wednesday. Four equities research analysts have rated the stock with a hold rating and thirty-one have assigned 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 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.