Sen. Tommy Tuberville Sells Off Shares of Microsoft Co. (NASDAQ:MSFT)

Senator Tommy Tuberville (R-Alabama) recently sold shares of Microsoft Co. NASDAQ: MSFT. In a filing disclosed on February 14th, the Senator disclosed that they had sold between $15,001 and $50,000 in Microsoft stock on January 10th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Apple NASDAQ: AAPL on 1/10/2025.
• Sold $15,001 - $50,000 in shares of Diageo NYSE: DEO on 1/10/2025.
• Sold $15,001 - $50,000 in shares of Tractor Supply NASDAQ: TSCO on 1/10/2025.
• Sold $15,001 - $50,000 in shares of Texas Instruments NASDAQ: TXN on 1/10/2025.
• Sold $1,001 - $15,000 in shares of Carrier Global NYSE: CARR on 1/10/2025.

Microsoft Trading Up 0.2 %

NASDAQ MSFT traded up $0.97 during mid-day trading on Tuesday, reaching $409.40. 20,637,686 shares of the stock were exchanged, compared to its average volume of 22,247,289. Microsoft Co. has a 1-year low of $385.58 and a 1-year high of $468.35. The business's fifty day simple moving average is $428.01 and its 200 day simple moving average is $422.85. The stock has a market capitalization of $3.04 trillion, a PE ratio of 32.96, a PEG ratio of 2.21 and a beta of 0.90. 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 announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same quarter last year, the company earned $2.93 EPS. On average, research analysts anticipate that Microsoft Co. will post 13.07 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a yield of 0.81%. Microsoft's dividend payout ratio (DPR) is currently 26.73%.

Institutional Investors Weigh In On Microsoft

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pacific Point Advisors LLC purchased a new stake in Microsoft during the 4th quarter worth $5,374,000. Wick Capital Partners LLC increased its position in shares of Microsoft by 6.7% in the 4th quarter. Wick Capital Partners LLC now owns 3,071 shares of the software giant's stock worth $1,294,000 after purchasing an additional 194 shares during the last quarter. McMill Wealth Management bought a new stake in shares of Microsoft in the 4th quarter worth about $1,078,000. Vega Investment Solutions bought a new stake in shares of Microsoft in the 4th quarter worth about $16,162,000. Finally, Strait & Sound Wealth Management LLC increased its position in shares of Microsoft by 0.8% in the 4th quarter. Strait & Sound Wealth Management LLC now owns 32,658 shares of the software giant's stock worth $13,765,000 after purchasing an additional 264 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.

Insider Transactions at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of the business's stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $447.41, for a total value of $1,118,525.00. Following the completion of the sale, the chief marketing officer now owns 49,352 shares of the company's stock, valued at approximately $22,080,578.32. The trade was a 4.82 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Judson Althoff sold 25,000 shares of the business's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $417.00, for a total transaction of $10,425,000.00. Following the completion of the sale, the executive vice president now directly owns 117,294 shares of the company's stock, valued at $48,911,598. The trade was a 17.57 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 34,000 shares of company stock valued at $14,333,540. Insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on MSFT. Truist Financial reiterated a "buy" rating and issued a $600.00 price target on shares of Microsoft in a report on Monday, October 28th. UBS Group decreased their price target on shares of Microsoft from $525.00 to $510.00 and set a "buy" rating on the stock in a report on Thursday, January 30th. Citigroup decreased their price target on shares of Microsoft from $500.00 to $497.00 and set a "buy" rating on the stock in a report on Wednesday, October 23rd. Cantor Fitzgerald reiterated an "overweight" rating and issued a $509.00 price target on shares of Microsoft in a report on Wednesday, January 29th. Finally, Sanford C. Bernstein decreased their price target on shares of Microsoft from $501.00 to $500.00 and set an "outperform" rating on the stock in a report on Friday, October 25th. Three research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $510.96.

About Senator Tuberville

Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville's career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.

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.