Microsoft Co. (NASDAQ:MSFT) Shares Sold by BOK Financial Private Wealth Inc.

BOK Financial Private Wealth Inc. reduced its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 15.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,775 shares of the software giant's stock after selling 3,144 shares during the quarter. Microsoft makes up approximately 0.5% of BOK Financial Private Wealth Inc.'s investment portfolio, making the stock its 20th largest position. BOK Financial Private Wealth Inc.'s holdings in Microsoft were worth $7,492,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of MSFT. Geode Capital Management LLC raised its position in Microsoft by 2.0% in the third quarter. Geode Capital Management LLC now owns 165,024,812 shares of the software giant's stock valued at $70,790,682,000 after purchasing an additional 3,264,648 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Microsoft by 4.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 54,590,791 shares of the software giant's stock valued at $23,490,417,000 after buying an additional 2,125,030 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Microsoft by 3.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 49,052,704 shares of the software giant's stock valued at $20,675,715,000 after buying an additional 1,823,579 shares during the last quarter. Franklin Resources Inc. boosted its stake in Microsoft by 1.1% during the third quarter. Franklin Resources Inc. now owns 38,420,657 shares of the software giant's stock worth $16,104,959,000 after buying an additional 406,940 shares during the period. Finally, Fisher Asset Management LLC increased its position in shares of Microsoft by 1.2% during the fourth quarter. Fisher Asset Management LLC now owns 28,228,502 shares of the software giant's stock valued at $11,898,314,000 after acquiring an additional 324,052 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MSFT. Needham & Company LLC restated a "buy" rating on shares of Microsoft in a report on Thursday, May 1st. Barclays upped their price target on Microsoft from $430.00 to $494.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Raymond James boosted their price objective on Microsoft from $480.00 to $490.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. JPMorgan Chase & Co. increased their target price on Microsoft from $465.00 to $475.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Finally, Benchmark reaffirmed a "buy" rating on shares of Microsoft in a research report on Thursday, May 1st. Five research analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $509.16.

Insider Transactions at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 75,000 shares of the business's 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 directly owns 476,999 shares of the company's stock, valued at approximately $207,995,413.95. The trade was a 13.59% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Amy Coleman sold 13,243 shares of the firm's 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 sale, the executive vice president now owns 43,100 shares of the company's stock, valued at $19,481,631. This trade represents a 23.50% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 94,243 shares of company stock worth $41,288,738. Company insiders own 0.03% of the company's stock.

Microsoft Stock Performance

Shares of MSFT traded up $1.14 during midday trading on Friday, reaching $454.27. 23,797,504 shares of the stock were exchanged, compared to its average volume of 21,538,550. The company has a market capitalization of $3.38 trillion, a price-to-earnings ratio of 36.58, a PEG ratio of 2.21 and a beta of 0.99. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35. The business's 50-day moving average price is $395.33 and its 200 day moving average price is $412.61. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced 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. The business had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company's revenue for the quarter 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. On average, sell-side analysts expect that Microsoft Co. will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

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

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.