Microsoft Co. (NASDAQ:MSFT) Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC lessened its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 5.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 118,739 shares of the software giant's stock after selling 6,235 shares during the quarter. Microsoft makes up about 1.4% of TD Private Client Wealth LLC's holdings, making the stock its 14th largest position. TD Private Client Wealth LLC's holdings in Microsoft were worth $50,049,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Fiduciary Advisors Inc. acquired a new position in Microsoft in the fourth quarter valued at $38,000. IFS Advisors LLC boosted its stake in shares of Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after buying an additional 35 shares during the period. Avondale Wealth Management boosted its stake in shares of Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock worth $46,000 after buying an additional 65 shares during the period. Fairway Wealth LLC acquired a new stake in shares of Microsoft during the fourth quarter worth about $62,000. Finally, Kieckhefer Group LLC acquired a new stake in shares of Microsoft during the fourth quarter worth about $141,000. Hedge funds and other institutional investors own 71.13% of the company's stock.

Insiders Place Their Bets

In other news, insider Bradford L. Smith sold 6,000 shares of the business's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $433.17, for a total transaction of $2,599,020.00. Following the completion of the sale, the insider now directly owns 471,036 shares of the company's stock, valued at $204,038,664.12. The trade was a 1.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Kathleen T. Hogan sold 21,500 shares of the business's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the sale, the executive vice president now directly owns 134,888 shares of the company's stock, valued at $61,208,127.76. This represents a 13.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 131,743 shares of company stock valued at $58,375,673. Company insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

MSFT has been the subject of several recent research reports. Piper Sandler reiterated an "overweight" rating on shares of Microsoft in a research note on Wednesday, May 21st. Needham & Company LLC reiterated a "buy" rating on shares of Microsoft in a research note on Thursday, May 1st. DA Davidson increased their target price on shares of Microsoft from $450.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Stifel Nicolaus increased their target price on shares of Microsoft from $475.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Finally, Guggenheim restated a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. Four equities research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $513.13.

Microsoft Price Performance

Shares of MSFT traded up $0.09 during mid-day trading on Friday, reaching $458.77. 34,758,620 shares of the company's stock were exchanged, compared to its average volume of 21,504,528. The company has a market cap of $3.41 trillion, a price-to-earnings ratio of 36.94, a PEG ratio of 2.21 and a beta of 0.99. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a 52-week low of $344.79 and a 52-week high of $468.35. The company has a 50-day simple moving average of $409.00 and a two-hundred day simple moving average of $415.04.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping the consensus estimate of $3.22 by $0.24. The firm had revenue of $70.07 billion during the quarter, compared to analysts' expectations of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. Microsoft's revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.94 EPS. On average, sell-side analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be paid a $0.83 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.72%. Microsoft's payout ratio is currently 25.66%.

Microsoft 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.