Transamerica Financial Advisors Inc. Has $8.19 Million Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Transamerica Financial Advisors Inc. increased its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 19.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,435 shares of the software giant's stock after acquiring an additional 3,171 shares during the period. Microsoft makes up 0.8% of Transamerica Financial Advisors Inc.'s investment portfolio, making the stock its 22nd largest position. Transamerica Financial Advisors Inc.'s holdings in Microsoft were worth $8,192,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of MSFT. Adamsbrown Wealth Consultants LLC grew its holdings in shares of Microsoft by 2.2% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock worth $2,515,000 after purchasing an additional 130 shares during the period. Mcdaniel Terry & Co. lifted its position in Microsoft by 6.1% during the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock valued at $133,023,000 after buying an additional 18,052 shares in the last quarter. 1900 Wealth Management LLC grew its stake in Microsoft by 3.0% during the fourth quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock worth $4,274,000 after buying an additional 294 shares during the period. Strategic Financial Services Inc. increased its position in shares of Microsoft by 7.8% in the fourth quarter. Strategic Financial Services Inc. now owns 17,426 shares of the software giant's stock worth $7,345,000 after acquiring an additional 1,268 shares in the last quarter. Finally, Elevate Wealth Advisory Inc. increased its position in shares of Microsoft by 147.9% in the fourth quarter. Elevate Wealth Advisory Inc. now owns 1,748 shares of the software giant's stock worth $737,000 after acquiring an additional 1,043 shares in the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Microsoft

In other news, EVP Takeshi Numoto sold 1,000 shares of the stock in a transaction on Friday, May 30th. The stock was sold at an average price of $460.01, for a total value of $460,010.00. Following the completion of the sale, the executive vice president now owns 47,058 shares in the company, valued at $21,647,150.58. This represents a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Bradford L. Smith sold 75,000 shares of Microsoft stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $436.05, for a total value of $32,703,750.00. Following the transaction, the insider now owns 476,999 shares in the company, valued at $207,995,413.95. This represents a 13.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 135,743 shares of company stock valued at $60,224,683 over the last three months. Company insiders own 0.03% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on MSFT. Piper Sandler reaffirmed an "overweight" rating on shares of Microsoft in a research report on Wednesday, May 21st. Guggenheim reaffirmed a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. Westpark Capital reiterated a "hold" rating on shares of Microsoft in a report on Thursday, May 1st. Mizuho boosted their price target on Microsoft from $475.00 to $500.00 and gave the stock an "outperform" rating in a research report on Thursday, May 1st. Finally, Wall Street Zen upgraded shares of Microsoft from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. Four equities research analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $513.13.

Microsoft Price Performance

MSFT traded up $2.70 during trading on Friday, reaching $470.38. The stock had a trading volume of 15,268,509 shares, compared to its average volume of 21,465,117. Microsoft Co. has a 1-year low of $344.79 and a 1-year high of $473.29. The firm has a market capitalization of $3.50 trillion, a price-to-earnings ratio of 37.87, a price-to-earnings-growth ratio of 2.21 and a beta of 1.03. The stock has a 50 day moving average of $415.43 and a two-hundred day moving average of $416.31. 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 (NASDAQ:MSFT - Get Free Report) last issued its quarterly 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. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The firm had revenue of $70.07 billion for the quarter, compared to analysts' expectations of $68.54 billion. During the same period in the previous year, the business earned $2.94 earnings per share. Microsoft's revenue for the quarter was up 13.3% compared to the same quarter last year. As a group, equities analysts anticipate that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be issued a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Thursday, May 15th. Microsoft's payout ratio is 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.