Toth Financial Advisory Corp Has $23.59 Million Holdings in Microsoft Corporation (NASDAQ:MSFT)

Toth Financial Advisory Corp decreased its stake in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 1.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,847 shares of the software giant's stock after selling 1,241 shares during the quarter. Microsoft makes up about 2.8% of Toth Financial Advisory Corp's investment portfolio, making the stock its 2nd largest position. Toth Financial Advisory Corp's holdings in Microsoft were worth $23,592,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of MSFT. WFA Asset Management Corp increased its position in Microsoft by 27.0% in the first quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock worth $427,000 after purchasing an additional 216 shares during the period. Ironwood Wealth Management LLC. lifted its stake in Microsoft by 0.3% in the second quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock valued at $5,658,000 after buying an additional 38 shares during the period. Discipline Wealth Solutions LLC lifted its stake in Microsoft by 410.4% in the third quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock valued at $1,144,000 after buying an additional 2,138 shares during the period. Wealth Group Ltd. lifted its stake in Microsoft by 1.2% in the fourth quarter. Wealth Group Ltd. now owns 2,374 shares of the software giant's stock valued at $1,000,000 after buying an additional 28 shares during the period. Finally, Tallon Kerry Patrick acquired a new position in Microsoft in the fourth quarter valued at about $1,375,000. Institutional investors and hedge funds own 71.13% of the company's stock.

Insider Buying and Selling at Microsoft

In other news, EVP Kathleen T. Hogan sold 21,500 shares of the firm's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total transaction of $9,756,055.00. Following the completion of the sale, the executive vice president directly owned 134,888 shares of the company's stock, valued at $61,208,127.76. This trade represents a 13.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Takeshi Numoto sold 3,000 shares of the firm's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $463.00, for a total value of $1,389,000.00. Following the sale, the executive vice president directly owned 43,930 shares of the company's stock, valued at approximately $20,339,590. This represents a 6.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on MSFT shares. The Goldman Sachs Group increased their target price on Microsoft from $480.00 to $550.00 and gave the company a "buy" rating in a research note on Wednesday, May 21st. Raymond James Financial raised their price target on Microsoft from $480.00 to $490.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Tigress Financial raised their price target on Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a research report on Thursday, March 20th. Needham & Company LLC reissued a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. Finally, Wedbush lifted their target price on Microsoft from $515.00 to $600.00 and gave the company an "outperform" rating in a research report on Wednesday, June 25th. Four investment analysts have rated the stock with a hold rating and twenty-nine have given a buy rating to the company's stock. According to data from MarketBeat.com, Microsoft has an average rating of "Moderate Buy" and a consensus target price of $531.82.

Microsoft Stock Down 0.8%

Shares of MSFT traded down $3.80 during trading hours on Thursday, reaching $499.71. The stock had a trading volume of 4,981,149 shares, compared to its average volume of 21,621,366. Microsoft Corporation has a 12 month low of $344.79 and a 12 month high of $506.78. The firm has a 50-day simple moving average of $467.76 and a 200 day simple moving average of $424.96. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $3.71 trillion, a price-to-earnings ratio of 38.62, a P/E/G ratio of 2.25 and a beta of 1.04.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its earnings results on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The company had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. During the same period last year, the business earned $2.94 EPS. Microsoft's quarterly revenue was up 13.3% compared to the same quarter last year. Equities research analysts predict that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be paid a dividend of $0.83 per share. This represents a $3.32 annualized dividend and a yield of 0.66%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

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.