Microsoft Corporation (NASDAQ:MSFT) Stock Position Increased by Wynn Capital LLC

Wynn Capital LLC raised its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 145.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,788 shares of the software giant's stock after purchasing an additional 17,630 shares during the quarter. Microsoft accounts for approximately 6.6% of Wynn Capital LLC's portfolio, making the stock its 2nd largest position. Wynn Capital LLC's holdings in Microsoft were worth $11,182,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Ball & Co Wealth Management Inc. bought a new stake in shares of Microsoft in the 4th quarter worth $31,000. Fiduciary Advisors Inc. bought a new stake in shares of Microsoft in the 4th quarter worth $38,000. LSV Asset Management bought a new stake in shares of Microsoft in the 4th quarter worth $44,000. IFS Advisors LLC grew its stake in shares of Microsoft by 50.0% in the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant's stock worth $57,000 after acquiring an additional 50 shares in the last quarter. Finally, Fairway Wealth LLC bought a new stake in shares of Microsoft in the 4th quarter worth $62,000. Institutional investors own 71.13% of the company's stock.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Kathleen T. Hogan sold 21,500 shares of the business's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $453.77, for a total value of $9,756,055.00. Following the completion of the transaction, the executive vice president owned 134,888 shares of the company's stock, valued at approximately $61,208,127.76. The trade was a 13.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Takeshi Numoto sold 3,000 shares of the business's stock in a transaction dated 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 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 three months, insiders have sold 135,743 shares of company stock valued at $60,224,683. Company insiders own 0.03% of the company's stock.

Microsoft Price Performance

Shares of Microsoft stock traded down $1.10 on Tuesday, reaching $496.62. The stock had a trading volume of 11,831,573 shares, compared to its average volume of 21,644,968. Microsoft Corporation has a 1 year low of $344.79 and a 1 year high of $500.76. The company has a market cap of $3.69 trillion, a P/E ratio of 38.38, a price-to-earnings-growth ratio of 2.26 and a beta of 1.04. 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 business's 50 day moving average is $463.54 and its two-hundred day moving average is $423.91.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted 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. The firm had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The business's revenue was up 13.3% compared to the same quarter last year. During the same period last year, the firm posted $2.94 earnings per share. As a group, research analysts anticipate that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.67%. The ex-dividend date is Thursday, August 21st. Microsoft's dividend payout ratio (DPR) is currently 25.66%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. DA Davidson increased their price target on shares of Microsoft from $500.00 to $600.00 and gave the company a "buy" rating in a research report on Wednesday, July 2nd. Evercore ISI set a $515.00 price target on shares of Microsoft and gave the company an "outperform" rating in a research report on Wednesday, May 21st. Piper Sandler restated an "overweight" rating on shares of Microsoft in a research report on Wednesday, May 21st. Mizuho increased their price target on shares of Microsoft from $475.00 to $500.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $525.00 price target on shares of Microsoft in a research report on Friday, May 23rd. Five investment analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $524.71.

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.