Microsoft Co. (NASDAQ:MSFT) Shares Sold by Retirement Solution LLC

Retirement Solution LLC cut its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 31.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,056 shares of the software giant's stock after selling 12,454 shares during the quarter. Microsoft makes up approximately 3.0% of Retirement Solution LLC's holdings, making the stock its 7th largest holding. Retirement Solution LLC's holdings in Microsoft were worth $11,404,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fiduciary Advisors Inc. purchased a new stake in Microsoft during the 4th quarter worth approximately $38,000. IFS Advisors LLC increased its holdings in shares of Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock valued at $42,000 after acquiring an additional 35 shares during the last quarter. Avondale Wealth Management increased its holdings in shares of Microsoft by 144.4% in the 4th quarter. Avondale Wealth Management now owns 110 shares of the software giant's stock valued at $46,000 after acquiring an additional 65 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of Microsoft in the 3rd quarter valued at approximately $62,000. Finally, Kieckhefer Group LLC bought a new stake in shares of Microsoft in the 4th quarter valued at approximately $141,000. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Microsoft

In other news, insider Bradford L. Smith sold 6,000 shares of the stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $433.17, for a total value of $2,599,020.00. Following the completion of the transaction, 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 filing with the SEC, which is accessible through the SEC website. Also, 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 now directly owns 43,100 shares of the company's stock, valued at approximately $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 94,243 shares of company stock valued at $41,288,738. Corporate insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Mizuho boosted their price target on Microsoft from $475.00 to $500.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Piper Sandler reiterated a "neutral" rating on shares of Microsoft in a report on Thursday, May 1st. The Goldman Sachs Group boosted their price target on Microsoft from $450.00 to $480.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Wedbush boosted their price target on Microsoft from $475.00 to $515.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Finally, Scotiabank boosted their price target on Microsoft from $470.00 to $500.00 and gave the company a "sector outperform" rating in a report on Thursday, May 1st. Five analysts have rated the stock with a hold rating and thirty have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $510.30.

Microsoft Stock Performance

Shares of MSFT stock traded up $4.60 during mid-day trading on Monday, reaching $458.87. The stock had a trading volume of 21,313,890 shares, compared to its average volume of 21,562,487. The firm's 50 day simple moving average is $396.84 and its 200 day simple moving average is $412.71. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Microsoft Co. has a one year low of $344.79 and a one year high of $468.35. The firm has a market cap of $3.41 trillion, a PE ratio of 36.95, a P/E/G ratio of 2.21 and a beta of 0.99.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping analysts' consensus estimates of $3.22 by $0.24. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. The company had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter last year, the company earned $2.94 EPS. The company's quarterly revenue was up 13.3% on a year-over-year basis. On average, analysts forecast that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Dividend Announcement

The business 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 0.72%. Microsoft's payout ratio is presently 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.