Rep. Jefferson Shreve Sells Off Shares of Microsoft Corporation (NASDAQ:MSFT)

Representative Jefferson Shreve (R-Indiana) recently sold shares of Microsoft Corporation NASDAQ: MSFT. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $500,001 and $1,000,000 in Microsoft stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

Microsoft Stock Performance

Shares of NASDAQ:MSFT traded up $2.83 on Friday, hitting $513.71. The company had a trading volume of 19,103,456 shares, compared to its average volume of 16,594,816. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $518.29. The stock has a market cap of $3.82 trillion, a price-to-earnings ratio of 39.70, a P/E/G ratio of 2.33 and a beta of 1.04. The stock has a 50 day moving average price of $483.52 and a 200 day moving average price of $431.52. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.12.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, beating the consensus estimate of $3.22 by $0.24. The firm had revenue of $70.07 billion for the quarter, compared to the consensus estimate of $68.54 billion. Microsoft had a net margin of 35.79% and a return on equity of 32.74%. The company's quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.94 earnings per share. Analysts expect that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.83 per share. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a yield of 0.65%. Microsoft's dividend payout ratio (DPR) is 25.66%.

Institutional Trading of Microsoft

A number of hedge funds and other institutional investors have recently made changes to their positions in MSFT. Norges Bank purchased a new stake in Microsoft during the 4th quarter valued at about $44,343,058,000. Kingstone Capital Partners Texas LLC lifted its holdings in Microsoft by 564,387.1% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 90,549,369 shares of the software giant's stock worth $45,040,162,000 after buying an additional 90,533,328 shares during the period. Nuveen LLC purchased a new stake in Microsoft in the 1st quarter worth approximately $18,733,827,000. GAMMA Investing LLC lifted its holdings in Microsoft by 40,290.4% in the 1st quarter. GAMMA Investing LLC now owns 46,695,303 shares of the software giant's stock worth $17,528,950,000 after buying an additional 46,579,693 shares during the period. Finally, Proficio Capital Partners LLC raised its position in shares of Microsoft by 34,643.3% in the 4th quarter. Proficio Capital Partners LLC now owns 16,837,278 shares of the software giant's stock worth $7,096,913,000 after acquiring an additional 16,788,816 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Insider Transactions at Microsoft

In other news, EVP Amy Coleman sold 13,243 shares of the stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the completion of the transaction, the executive vice president owned 43,100 shares of the company's stock, valued at approximately $19,481,631. This represents 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. Also, insider Bradford L. Smith sold 75,000 shares of the stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $436.05, for a total value of $32,703,750.00. Following the completion of the transaction, the insider directly owned 476,999 shares of the company's stock, valued at $207,995,413.95. This represents a 13.59% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 135,743 shares of company stock worth $60,224,683. 0.03% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on MSFT shares. Wall Street Zen cut Microsoft from a "buy" rating to a "hold" rating in a research report on Monday, June 30th. Piper Sandler raised their price objective on Microsoft from $475.00 to $600.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $525.00 price objective on shares of Microsoft in a research note on Friday, May 23rd. Wells Fargo & Company raised their price objective on Microsoft from $565.00 to $585.00 and gave the company an "overweight" rating in a research note on Wednesday, June 25th. Finally, The Goldman Sachs Group raised their price objective on Microsoft from $480.00 to $550.00 and gave the company a "buy" rating in a research note on Wednesday, May 21st. Four investment analysts have rated the stock with a hold rating and twenty-nine have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $551.21.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.