STAR Financial Bank Sells 614 Shares of Microsoft Corporation $MSFT

Key Points

• STAR Financial Bank decreased its stake in Microsoft Corporation by 8.6%, selling 614 shares and now holding 6,532 shares valued at approximately $2,452,000.
• Microsoft has reported earnings of $3.65 per share for the last quarter, exceeding estimates by $0.30, with total revenues hitting $76.44 billion.
• The software giant announced a quarterly dividend of $0.83 per share, reflecting an annualized yield of 0.7%, with a payout ratio of 24.34%.

STAR Financial Bank lowered its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 8.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,532 shares of the software giant's stock after selling 614 shares during the period. Microsoft accounts for about 1.8% of STAR Financial Bank's investment portfolio, making the stock its 14th largest position. STAR Financial Bank's holdings in Microsoft were worth $2,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fosun International Ltd raised its holdings in Microsoft by 0.3% in the first quarter. Fosun International Ltd now owns 6,633 shares of the software giant's stock worth $2,490,000 after purchasing an additional 23 shares in the last quarter. Alliance Wealth Management Group raised its holdings in Microsoft by 0.4% in the fourth quarter. Alliance Wealth Management Group now owns 5,617 shares of the software giant's stock worth $2,368,000 after purchasing an additional 25 shares in the last quarter. Guidance Point Advisors LLC raised its holdings in Microsoft by 0.6% in the fourth quarter. Guidance Point Advisors LLC now owns 4,294 shares of the software giant's stock worth $1,811,000 after purchasing an additional 25 shares in the last quarter. Life Planning Partners Inc raised its holdings in Microsoft by 5.1% in the fourth quarter. Life Planning Partners Inc now owns 540 shares of the software giant's stock worth $228,000 after purchasing an additional 26 shares in the last quarter. Finally, Core Wealth Advisors Inc. raised its holdings in Microsoft by 1.5% in the fourth quarter. Core Wealth Advisors Inc. now owns 1,856 shares of the software giant's stock worth $782,000 after purchasing an additional 27 shares in the last quarter. Institutional investors own 71.13% of the company's stock.

Microsoft Price Performance

Shares of NASDAQ MSFT opened at $506.69 on Monday. The business's 50 day moving average price is $508.77 and its 200 day moving average price is $447.85. The firm has a market cap of $3.77 trillion, a P/E ratio of 37.15, a P/E/G ratio of 2.21 and a beta of 1.04. Microsoft Corporation has a 52 week low of $344.79 and a 52 week high of $555.45. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.12.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results on Wednesday, July 30th. The software giant reported $3.65 EPS for the quarter, beating analysts' consensus estimates of $3.35 by $0.30. The firm had revenue of $76.44 billion for the quarter, compared to analyst estimates of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.Microsoft's revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.95 earnings per share. Microsoft has set its Q1 2026 guidance at EPS. On average, sell-side analysts expect that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be given a $0.83 dividend. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.7%. Microsoft's dividend payout ratio is currently 24.34%.

Insider Buying and Selling

In related news, EVP Takeshi Numoto sold 4,850 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $527.32, for a total value of $2,557,502.00. Following the sale, the executive vice president owned 39,111 shares in the company, valued at $20,624,012.52. This represents a 11.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on MSFT shares. Sanford C. Bernstein boosted their target price on shares of Microsoft from $540.00 to $637.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. KeyCorp upgraded shares of Microsoft from a "sector weight" rating to an "overweight" rating and set a $630.00 target price for the company in a report on Thursday, July 31st. BMO Capital Markets upped their price objective on shares of Microsoft from $550.00 to $650.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Wells Fargo & Company restated an "overweight" rating and set a $650.00 price objective (up previously from $600.00) on shares of Microsoft in a report on Thursday, July 31st. Finally, Raymond James Financial upped their price objective on shares of Microsoft from $490.00 to $570.00 and gave the company an "outperform" rating in a report on Monday, July 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Microsoft presently has a consensus rating of "Moderate Buy" and a consensus price target of $612.54.

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.

Want to see what other hedge funds are holding MSFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microsoft Corporation (NASDAQ:MSFT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.