Microsoft Co. (NASDAQ:MSFT) Shares Sold by Blake Schutter Theil Wealth Advisors LLC

Blake Schutter Theil Wealth Advisors LLC decreased its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 63.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 3,266 shares of the software giant's stock after selling 5,561 shares during the period. Microsoft makes up about 1.5% of Blake Schutter Theil Wealth Advisors LLC's investment portfolio, making the stock its 11th largest position. Blake Schutter Theil Wealth Advisors LLC's holdings in Microsoft were worth $1,377,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft during the fourth quarter valued at approximately $38,000. IFS Advisors LLC raised its stake in shares of Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after purchasing an additional 35 shares during the period. Avondale Wealth Management raised its stake in shares of Microsoft by 144.4% during the fourth quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after purchasing an additional 65 shares during the period. MidAtlantic Capital Management Inc. purchased a new stake in shares of Microsoft during the third quarter valued at approximately $62,000. Finally, Kieckhefer Group LLC bought a new stake in shares of Microsoft in the fourth quarter worth $141,000. Hedge funds and other institutional investors own 71.13% of the company's stock.

Insider Buying and Selling at Microsoft

In other Microsoft news, insider Bradford L. Smith sold 6,000 shares of the company's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $433.17, for a total value of $2,599,020.00. Following the completion of the sale, the insider now directly owns 471,036 shares of the company's stock, valued at approximately $204,038,664.12. This represents a 1.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.03% of the stock is owned by corporate insiders.

Microsoft Stock Performance

Shares of NASDAQ MSFT traded up $0.19 during midday trading on Thursday, reaching $453.13. 21,913,513 shares of the company traded hands, compared to its average volume of 21,510,806. Microsoft Co. has a 52 week low of $344.79 and a 52 week high of $468.35. The stock has a 50-day moving average price of $392.40 and a 200 day moving average price of $412.14. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.34. The company has a market cap of $3.37 trillion, a price-to-earnings ratio of 36.48, a PEG ratio of 2.21 and a beta of 0.99.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 earnings per share for the quarter, beating analysts' consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The business 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. The company's revenue was up 13.3% on a year-over-year basis. Sell-side analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.73%. The ex-dividend date is Thursday, May 15th. Microsoft's dividend payout ratio (DPR) is presently 25.66%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Westpark Capital restated a "hold" rating on shares of Microsoft in a research note on Thursday, May 1st. Cantor Fitzgerald lifted their price target on shares of Microsoft from $502.00 to $512.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Guggenheim restated a "neutral" rating on shares of Microsoft in a research note on Thursday, May 1st. TD Securities lifted their price target on shares of Microsoft from $475.00 to $490.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Finally, Morgan Stanley lifted their price target on shares of Microsoft from $472.00 to $482.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Five research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $509.16.

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.