Spinnaker Investment Group LLC Decreases Position in Microsoft Corporation $MSFT

Key Points

• Spinnaker Investment Group LLC has reduced its stake in Microsoft Corporation by 10.5%, selling 7,530 shares during the second quarter, leaving them with 64,067 shares valued at approximately $31.87 million.
• CEO Satya Nadella sold 149,205 shares of Microsoft stock, resulting in a 15.87% decrease in his ownership, with the sale generating nearly $75.32 million.
• Analysts have a positive outlook for Microsoft, with the stock being upgraded to "buy" by Wall Street Zen and projected price targets revised upwards to between $640.00 and $650.00 by several firms.

Spinnaker Investment Group LLC trimmed its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 10.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 64,067 shares of the software giant's stock after selling 7,530 shares during the period. Microsoft makes up about 7.5% of Spinnaker Investment Group LLC's investment portfolio, making the stock its 5th biggest position. Spinnaker Investment Group LLC's holdings in Microsoft were worth $31,867,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of MSFT. WFA Asset Management Corp raised its holdings in shares of Microsoft by 27.0% during the first 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 period. Ironwood Wealth Management LLC. grew its position 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 valued at $5,658,000 after acquiring an additional 38 shares during the period. Discipline Wealth Solutions LLC grew its position in shares of Microsoft by 410.4% in the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock valued at $1,144,000 after acquiring an additional 2,138 shares during the period. Wealth Group Ltd. grew its position in shares of Microsoft by 1.2% in the 4th quarter. Wealth Group Ltd. now owns 2,374 shares of the software giant's stock valued at $1,000,000 after acquiring an additional 28 shares during the period. Finally, Eagle Capital Management LLC boosted its holdings in shares of Microsoft by 0.4% during the 4th quarter. Eagle Capital Management LLC now owns 23,097 shares of the software giant's stock worth $9,735,000 after buying an additional 96 shares during the period. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Satya Nadella sold 149,205 shares of the firm's stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $504.78, for a total value of $75,315,699.90. Following the completion of the transaction, the chief executive officer directly owned 790,852 shares in the company, valued at approximately $399,206,272.56. This trade represents a 15.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Takeshi Numoto sold 4,850 shares of Microsoft stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $527.32, for a total transaction of $2,557,502.00. Following the sale, the executive vice president owned 39,111 shares of the company's stock, valued at approximately $20,624,012.52. The trade was a 11.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

MSFT has been the subject of several research analyst reports. Wall Street Zen raised shares of Microsoft from a "hold" rating to a "buy" rating in a report on Saturday. TD Cowen increased their price objective on shares of Microsoft from $580.00 to $640.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. BMO Capital Markets increased their price target on Microsoft from $550.00 to $650.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Oppenheimer upped their price target on shares of Microsoft from $600.00 to $630.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada reaffirmed a "buy" rating and issued a $640.00 price objective on shares of Microsoft in a research note on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $618.47.

Microsoft Stock Performance

NASDAQ MSFT opened at $510.96 on Friday. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $555.45. The company has a 50-day simple moving average of $513.12 and a 200 day simple moving average of $471.16. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. The company has a market capitalization of $3.80 trillion, a PE ratio of 37.46, a price-to-earnings-growth ratio of 2.27 and a beta of 1.03.

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 (EPS) for the quarter, topping analysts' consensus estimates of $3.35 by $0.30. The business had revenue of $76.44 billion during the quarter, compared to the consensus estimate of $73.79 billion. Microsoft had a net margin of 36.15% and a return on equity of 32.44%. The firm's quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter last year, the company posted $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. On average, research analysts predict that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Microsoft's previous quarterly dividend of $0.83. The ex-dividend date is Thursday, November 20th. Microsoft's dividend payout ratio (DPR) is 24.34%.

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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