Amy Coleman Sells 13,243 Shares of Microsoft Co. (NASDAQ:MSFT) Stock

Microsoft Co. (NASDAQ:MSFT - Get Free Report) EVP Amy Coleman sold 13,243 shares of the stock in a transaction 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 transaction, the executive vice president now directly owns 43,100 shares in the company, valued at $19,481,631. The trade was a 23.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Microsoft Stock Down 0.6%

MSFT traded down $2.66 on Tuesday, hitting $456.21. The company had a trading volume of 3,925,451 shares, compared to its average volume of 21,496,481. The stock has a market capitalization of $3.39 trillion, a price-to-earnings ratio of 36.72, a P/E/G ratio of 2.21 and a beta of 0.99. The stock has a fifty day moving average price of $396.84 and a 200-day moving average price of $412.71. Microsoft Co. has a 12-month low of $344.79 and a 12-month high of $468.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35.

Microsoft (NASDAQ:MSFT - Get Free Report) last posted its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. The company 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% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.94 earnings per share. Analysts predict that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.83 per share. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

Hedge Funds Weigh In On Microsoft

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Adamsbrown Wealth Consultants LLC lifted its position in shares of Microsoft by 2.2% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 5,967 shares of the software giant's stock valued at $2,515,000 after acquiring an additional 130 shares in the last quarter. Mcdaniel Terry & Co. lifted its stake in shares of Microsoft by 6.1% in the fourth quarter. Mcdaniel Terry & Co. now owns 315,594 shares of the software giant's stock worth $133,023,000 after buying an additional 18,052 shares in the last quarter. Centric Wealth Management boosted its position in Microsoft by 0.7% during the third quarter. Centric Wealth Management now owns 16,156 shares of the software giant's stock worth $6,789,000 after acquiring an additional 112 shares during the last quarter. 1900 Wealth Management LLC raised its holdings in Microsoft by 3.0% in the 4th quarter. 1900 Wealth Management LLC now owns 10,140 shares of the software giant's stock valued at $4,274,000 after acquiring an additional 294 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in Microsoft by 2.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 9,250,128 shares of the software giant's stock worth $3,980,299,000 after purchasing an additional 217,509 shares in the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Wedbush upped their price target on shares of Microsoft from $475.00 to $515.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. DA Davidson upped their price target 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. BMO Capital Markets increased their target price on Microsoft from $470.00 to $485.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. StockNews.com upgraded Microsoft from a "hold" rating to a "buy" rating in a report on Monday, May 5th. Finally, Bank of America dropped their price target on shares of Microsoft from $510.00 to $480.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Five investment analysts have rated the stock with a hold rating and thirty have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $510.30.

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.