Microsoft Corporation (NASDAQ:MSFT) Shares Sold by TCV Trust & Wealth Management Inc.

Key Points

• TCV Trust & Wealth Management Inc. reduced its holdings in Microsoft Corporation by 2.4%, owning 118,650 shares valued at approximately $44.54 million, making it the firm’s biggest position.
• Several institutional investors increased their positions in Microsoft, including Brady Martz Wealth Solutions LLC and Mcdaniel Terry & Co., indicating significant interest from the investment community.
• Microsoft's recent earnings report exceeded analysts' expectations, with a reported $3.65 EPS and revenue of $76.44 billion, reflecting an 18.1% increase compared to the previous year.

TCV Trust & Wealth Management Inc. trimmed its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 2.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 118,650 shares of the software giant's stock after selling 2,937 shares during the quarter. Microsoft accounts for approximately 4.1% of TCV Trust & Wealth Management Inc.'s investment portfolio, making the stock its largest holding. TCV Trust & Wealth Management Inc.'s holdings in Microsoft were worth $44,540,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Ball & Co Wealth Management Inc. purchased a new position in shares of Microsoft during the 4th quarter valued at approximately $31,000. Newton One Investments LLC lifted its position 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. LSV Asset Management purchased a new position in shares of Microsoft during the 4th quarter valued at approximately $44,000. Fairway Wealth LLC purchased a new position in shares of Microsoft during the 4th quarter valued at approximately $62,000. Finally, IFS Advisors LLC lifted its position 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. 71.13% of the stock is currently owned by institutional investors.

Microsoft Trading Up 1.4%

NASDAQ MSFT traded up $7.47 during trading on Tuesday, hitting $529.24. The stock had a trading volume of 18,630,436 shares, compared to its average volume of 22,304,484. The company has a market capitalization of $3.93 trillion, a PE ratio of 38.80, a PEG ratio of 2.29 and a beta of 1.06. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.12. The firm has a 50 day moving average price of $498.05 and a 200 day moving average price of $438.72. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $555.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, beating the consensus estimate of $3.35 by $0.30. The company had revenue of $76.44 billion during the quarter, compared to the consensus estimate of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%. Microsoft's revenue was up 18.1% compared to the same quarter last year. During the same period in the previous year, the company posted $2.95 EPS. As a group, equities research analysts forecast that Microsoft Corporation will post 13.08 earnings per share for the current year.

Microsoft Announces Dividend

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 paid a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio is presently 24.34%.

Insider Activity

In related news, EVP Judson Althoff sold 16,000 shares of the company's stock in a transaction that occurred on Monday, May 19th. The shares were sold at an average price of $458.18, for a total transaction of $7,330,880.00. Following the sale, the executive vice president directly owned 98,010 shares in the company, valued at approximately $44,906,221.80. This represents a 14.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Amy Coleman sold 13,243 shares of the company's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the sale, the executive vice president owned 43,100 shares in the company, valued at $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 54,743 shares of company stock valued at $24,921,913 over the last three months. 0.03% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on MSFT. Westpark Capital reiterated a "hold" rating on shares of Microsoft in a research report on Thursday, July 31st. Benchmark reiterated a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. TD Securities increased their target price on Microsoft from $475.00 to $490.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Loop Capital raised their price objective on Microsoft from $550.00 to $600.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Finally, KeyCorp raised shares of Microsoft from a "sector weight" rating to an "overweight" rating and set a $630.00 target price on the stock in a research note on Thursday, July 31st. Two equities research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the stock. According to MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and a consensus target price of $609.86.

Microsoft Company 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.