First American Bank Acquires New Position in Microsoft Co. (MSFT)

First American Bank acquired a new position in Microsoft Co. (NASDAQ:MSFT) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 225,274 shares of the software giant’s stock, valued at approximately $25,764,000. Microsoft accounts for approximately 1.8% of First American Bank’s holdings, making the stock its 14th biggest holding.

Several other large investors have also added to or reduced their stakes in the stock. Progressive Investment Management Corp grew its holdings in Microsoft by 0.7% during the 2nd quarter. Progressive Investment Management Corp now owns 71,588 shares of the software giant’s stock valued at $7,022,000 after buying an additional 468 shares in the last quarter. Green Square Capital LLC grew its holdings in Microsoft by 3.1% during the 2nd quarter. Green Square Capital LLC now owns 15,502 shares of the software giant’s stock valued at $1,529,000 after buying an additional 470 shares in the last quarter. BKS Advisors LLC grew its holdings in Microsoft by 4.6% during the 2nd quarter. BKS Advisors LLC now owns 10,816 shares of the software giant’s stock valued at $1,067,000 after buying an additional 477 shares in the last quarter. Ellenbecker Investment Group grew its holdings in Microsoft by 7.6% during the 3rd quarter. Ellenbecker Investment Group now owns 6,821 shares of the software giant’s stock valued at $780,000 after buying an additional 480 shares in the last quarter. Finally, Chatham Capital Group Inc. grew its holdings in Microsoft by 9.3% during the 2nd quarter. Chatham Capital Group Inc. now owns 5,689 shares of the software giant’s stock valued at $561,000 after buying an additional 482 shares in the last quarter. Hedge funds and other institutional investors own 71.64% of the company’s stock.

In other news, CEO Satya Nadella sold 203,418 shares of the business’s stock in a transaction on Friday, October 26th. The stock was sold at an average price of $106.68, for a total value of $21,700,632.24. Following the completion of the transaction, the chief executive officer now directly owns 1,014,247 shares of the company’s stock, valued at approximately $108,199,869.96. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Christopher C. Capossela sold 4,000 shares of the business’s stock in a transaction on Monday, December 10th. The stock was sold at an average price of $105.50, for a total value of $422,000.00. Following the completion of the transaction, the executive vice president now directly owns 169,931 shares of the company’s stock, valued at $17,927,720.50. The disclosure for this sale can be found here. Over the last three months, insiders sold 279,918 shares of company stock valued at $30,102,412. Corporate insiders own 1.38% of the company’s stock.



MSFT opened at $102.80 on Friday. The firm has a market capitalization of $802.86 billion, a PE ratio of 26.49, a P/E/G ratio of 1.89 and a beta of 1.24. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.92 and a quick ratio of 2.85. Microsoft Co. has a 12 month low of $83.83 and a 12 month high of $116.18.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Wednesday, October 24th. The software giant reported $1.14 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.96 by $0.18. The firm had revenue of $29.08 billion during the quarter, compared to analyst estimates of $27.92 billion. Microsoft had a return on equity of 39.86% and a net margin of 16.38%. The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.84 EPS. Research analysts expect that Microsoft Co. will post 4.43 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 14th. Stockholders of record on Thursday, February 21st will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 1.79%. The ex-dividend date of this dividend is Wednesday, February 20th. Microsoft’s payout ratio is 47.42%.

A number of equities analysts have recently commented on the company. Royal Bank of Canada set a $124.00 target price on Microsoft and gave the stock a “buy” rating in a report on Wednesday, September 26th. Zacks Investment Research cut Microsoft from a “buy” rating to a “hold” rating in a report on Wednesday, September 19th. Stifel Nicolaus reiterated a “buy” rating and issued a $120.00 target price on shares of Microsoft in a report on Thursday, October 25th. Oppenheimer reiterated a “buy” rating and issued a $127.00 target price on shares of Microsoft in a report on Monday, September 24th. Finally, Credit Suisse Group reissued a “buy” rating and set a $125.00 price target on shares of Microsoft in a research note on Monday, October 29th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, thirty-three have issued a buy rating and two have assigned a strong buy rating to the stock. Microsoft presently has an average rating of “Buy” and an average price target of $121.88.

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Microsoft Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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