Summit Wealth Partners LLC Sells 1,233 Shares of Microsoft Corporation $MSFT

Key Points

• Summit Wealth Partners LLC cut its Microsoft stake by 18.2% in the fourth quarter, selling 1,233 shares and ending with 5,534 shares valued at about $2.68 million.
• Microsoft continues to draw strong attention for its AI and cloud growth, with recent coverage highlighting improving AI monetization, enterprise demand, and the strategic importance of its OpenAI partnership.
• The company reported better-than-expected quarterly results, including EPS of $4.27 versus $4.06 expected and revenue of $82.89 billion, while also declaring a quarterly dividend of $0.91 per share.

Summit Wealth Partners LLC decreased its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 18.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,534 shares of the software giant's stock after selling 1,233 shares during the quarter. Summit Wealth Partners LLC's holdings in Microsoft were worth $2,676,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of MSFT. IRON Financial LLC increased its position in Microsoft by 23.2% in the third quarter. IRON Financial LLC now owns 6,510 shares of the software giant's stock worth $3,372,000 after buying an additional 1,225 shares in the last quarter. PMG Family Office LLC purchased a new stake in Microsoft in the third quarter worth about $828,000. Trifecta Capital Advisors LLC increased its position in Microsoft by 2.3% in the third quarter. Trifecta Capital Advisors LLC now owns 70,175 shares of the software giant's stock worth $36,347,000 after buying an additional 1,572 shares in the last quarter. TD Waterhouse Canada Inc. increased its position in Microsoft by 1.0% in the third quarter. TD Waterhouse Canada Inc. now owns 949,901 shares of the software giant's stock worth $493,860,000 after buying an additional 9,700 shares in the last quarter. Finally, Weaver Capital Management LLC increased its position in Microsoft by 14.0% in the third quarter. Weaver Capital Management LLC now owns 18,340 shares of the software giant's stock worth $9,499,000 after buying an additional 2,247 shares in the last quarter. Institutional investors own 71.13% of the company's stock.

Key Stories Impacting Microsoft

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Microsoft’s CEO testified that the company supported OpenAI’s shift toward a for-profit structure, reinforcing the importance of Microsoft’s AI investment and the potential upside from its partnership with OpenAI. Microsoft's C.E.O. Intervened When OpenAI Fired Sam Altman, Musk's Lawyer Claims
• Positive Sentiment: Multiple reports emphasized Microsoft’s growing AI thesis, with analysts pointing to strong cloud growth, improving AI monetization, and continued long-term upside from enterprise demand. Microsoft’s (MSFT) Q3 Revealed 3 Things that Matter for the AI Bull Case
• Positive Sentiment: Some commentary argued Microsoft still looks undervalued based on free-cash-flow projections, even after higher capital spending, which can support the stock among long-term investors. Microsoft Stock Still Looks Undervalued Based on FCF Projections, Despite Higher Capex
• Neutral Sentiment: Market coverage continues to frame Microsoft as a major AI and cloud winner, but several articles are opinion pieces or commentary rather than new fundamental developments. Microsoft Stock Analysis: My Final Verdict
• Negative Sentiment: There was also some negative noise around Microsoft’s African data center delays and questions about AI and software disruption, which could add caution around execution and future growth assumptions. Microsoft's African data center falters on payment demands, Bloomberg News reports

Insider Buying and Selling

In related news, EVP Kathleen T. Hogan sold 12,321 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $409.52, for a total transaction of $5,045,695.92. Following the completion of the transaction, the executive vice president directly owned 137,933 shares of the company's stock, valued at approximately $56,486,322.16. This represents a 8.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John W. Stanton purchased 5,000 shares of the company's stock in a transaction that occurred on Wednesday, February 18th. The shares were purchased at an average cost of $397.35 per share, with a total value of $1,986,750.00. Following the completion of the purchase, the director owned 83,905 shares of the company's stock, valued at $33,339,651.75. The trade was a 6.34% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.03% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have commented on the company. Bank of America assumed coverage on Microsoft in a research report on Tuesday, March 24th. They issued a "buy" rating and a $500.00 price target for the company. UBS Group reiterated a "buy" rating on shares of Microsoft in a research report on Friday, April 24th. Tigress Financial increased their target price on Microsoft from $595.00 to $680.00 and gave the stock a "buy" rating in a research report on Wednesday, May 6th. DA Davidson cut their target price on Microsoft from $650.00 to $550.00 and set a "buy" rating for the company in a research report on Thursday, April 30th. Finally, DZ Bank reiterated a "buy" rating on shares of Microsoft in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $562.69.

Microsoft Stock Performance

NASDAQ:MSFT opened at $412.66 on Tuesday. The stock has a 50-day moving average price of $397.30 and a 200 day moving average price of $443.93. Microsoft Corporation has a 12-month low of $356.28 and a 12-month high of $555.45. The stock has a market capitalization of $3.07 trillion, a P/E ratio of 24.56, a P/E/G ratio of 1.50 and a beta of 1.10. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of 0.08.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The software giant reported $4.27 EPS for the quarter, beating analysts' consensus estimates of $4.06 by $0.21. Microsoft had a return on equity of 31.94% and a net margin of 39.34%.The company had revenue of $82.89 billion during the quarter, compared to analyst estimates of $81.44 billion. During the same period in the prior year, the company earned $3.46 earnings per share. The firm's revenue was up 18.3% on a year-over-year basis. Equities research analysts forecast that Microsoft Corporation will post 16.76 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be paid a dividend of $0.91 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $3.64 dividend on an annualized basis and a yield of 0.9%. Microsoft's dividend payout ratio is presently 21.67%.

Microsoft Company Profile

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft's product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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