Microsoft Corporation (NASDAQ:MSFT) is Wynn Capital LLC's 2nd Largest Position

Wynn Capital LLC lifted its position in Microsoft Corporation (NASDAQ:MSFT - Free Report) by 145.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,788 shares of the software giant's stock after acquiring an additional 17,630 shares during the period. Microsoft accounts for 6.6% of Wynn Capital LLC's holdings, 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.

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

Microsoft Stock Down 0.4%

MSFT traded down $2.14 on Thursday, hitting $501.37. 8,643,257 shares of the company were exchanged, compared to its average volume of 21,635,062. Microsoft Corporation has a twelve month low of $344.79 and a twelve month high of $506.78. The company has a market cap of $3.73 trillion, a price-to-earnings ratio of 38.76, a price-to-earnings-growth ratio of 2.25 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 firm has a 50-day moving average price of $467.76 and a two-hundred day moving average price of $424.96.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion during the quarter, compared to analysts' expectations of $68.54 billion. Microsoft had a return on equity of 32.74% and a net margin of 35.79%. The business's quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.94 EPS. On average, equities analysts predict 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 given a $0.83 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.66%. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Mizuho lifted their target price on Microsoft from $475.00 to $500.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Wells Fargo & Company lifted their target price on Microsoft from $565.00 to $585.00 and gave the company an "overweight" rating in a research report on Wednesday, June 25th. Tigress Financial lifted their target price on Microsoft from $550.00 to $595.00 and gave the company a "buy" rating in a research report on Thursday, March 20th. Oppenheimer upgraded Microsoft from a "market perform" rating to an "outperform" rating and set a $600.00 price objective on the stock in a report on Wednesday. Finally, Wedbush boosted their price objective on Microsoft from $515.00 to $600.00 and gave the company an "outperform" rating in a report on Wednesday, June 25th. Four research analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $534.14.

Insider Transactions at Microsoft

In other Microsoft news, 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 completion of the sale, the executive vice president directly owned 43,100 shares of the company's stock, valued at $19,481,631. This represents a 23.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kathleen T. Hogan sold 21,500 shares of the company's stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total value of $9,756,055.00. Following the sale, the executive vice president directly owned 134,888 shares of the company's stock, valued at approximately $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. Over the last quarter, insiders sold 135,743 shares of company stock worth $60,224,683. Insiders own 0.03% of the company's stock.

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.