Tanager Wealth Management LLP Sells 812 Shares of Microsoft Corporation $MSFT

Key Points

• Tanager Wealth Management LLP sold 812 shares of Microsoft, reducing its holdings by 3.3% to 23,766 shares, which are valued at approximately $11.82 million.
• CEO Satya Nadella sold 149,205 shares for around $75.3 million, resulting in a 15.87% decrease in his ownership stake.
• Analysts have set a consensus price target of $618.97 for Microsoft, with the majority maintaining a "Buy" rating following recent boosts from various firms.

Tanager Wealth Management LLP decreased its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 3.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,766 shares of the software giant's stock after selling 812 shares during the period. Microsoft comprises approximately 1.4% of Tanager Wealth Management LLP's holdings, making the stock its 20th largest position. Tanager Wealth Management LLP's holdings in Microsoft were worth $11,821,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Newton One Investments LLC lifted its stake in shares of Microsoft by 66.7% during the 1st quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock valued at $28,000 after buying an additional 30 shares in the last quarter. Bulwark Capital Corp purchased a new position in shares of Microsoft during the 2nd quarter valued at $32,000. Westend Capital Management LLC lifted its stake in shares of Microsoft by 386.7% during the 2nd quarter. Westend Capital Management LLC now owns 73 shares of the software giant's stock valued at $36,000 after buying an additional 58 shares in the last quarter. LSV Asset Management purchased a new position in shares of Microsoft during the 4th quarter valued at $44,000. Finally, IFS Advisors LLC lifted its stake in shares of Microsoft by 50.0% during the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock valued at $57,000 after buying an additional 50 shares in the last quarter. Institutional investors own 71.13% of the company's stock.

Insider Activity at Microsoft

In other news, CEO Satya Nadella sold 149,205 shares of the company'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 sale, the chief executive officer owned 790,852 shares of the company's stock, valued at approximately $399,206,272.56. This represents a 15.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $2,557,502.00. Following the completion of the sale, the executive vice president directly owned 39,111 shares of the company's stock, valued at $20,624,012.52. The trade was a 11.03% decrease in their position. The disclosure for this sale can be found here. 0.03% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Barclays restated an "overweight" rating and set a $625.00 target price on shares of Microsoft in a research note on Friday, August 29th. Stifel Nicolaus boosted their price target on shares of Microsoft from $500.00 to $550.00 and gave the stock a "buy" rating in a research note on Monday, July 28th. DA Davidson boosted their price target on shares of Microsoft from $600.00 to $650.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Arete boosted their price target on shares of Microsoft from $700.00 to $710.00 and gave the stock a "buy" rating in a research note on Wednesday, October 1st. Finally, Evercore ISI boosted their price target on shares of Microsoft from $515.00 to $545.00 and gave the stock an "outperform" rating in a research note on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Microsoft presently has a consensus rating of "Moderate Buy" and a consensus price target of $618.97.

Microsoft Stock Up 0.2%

Shares of NASDAQ:MSFT opened at $517.66 on Wednesday. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $555.45. The business has a 50 day simple moving average of $511.49 and a two-hundred day simple moving average of $478.38. The firm has a market capitalization of $3.85 trillion, a PE ratio of 37.95, a price-to-earnings-growth ratio of 2.25 and a beta of 1.03. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35.

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, topping analysts' consensus estimates of $3.35 by $0.30. The business had revenue of $76.44 billion for 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 company's revenue for the quarter was up 18.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.95 EPS. Microsoft has set its Q1 2026 guidance at EPS. On average, equities analysts predict that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Increases Dividend

The firm also recently declared 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 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, November 20th. This is a boost from Microsoft's previous quarterly dividend of $0.83. Microsoft's dividend payout ratio is currently 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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