Microsoft Co. (NASDAQ:MSFT) Shares Sold by MorganRosel Wealth Management LLC

MorganRosel Wealth Management LLC cut its stake in Microsoft Co. (NASDAQ:MSFT) by 2.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,737 shares of the software giant’s stock after selling 165 shares during the period. Microsoft accounts for 0.8% of MorganRosel Wealth Management LLC’s portfolio, making the stock its 23rd largest position. MorganRosel Wealth Management LLC’s holdings in Microsoft were worth $2,157,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the stock. Monumental Financial Group Inc. bought a new position in shares of Microsoft during the first quarter worth about $28,000. Atlantic Private Wealth LLC grew its position in shares of Microsoft by 534.5% during the second quarter. Atlantic Private Wealth LLC now owns 184 shares of the software giant’s stock worth $63,000 after acquiring an additional 155 shares during the last quarter. Hibernia Wealth Partners LLC bought a new position in shares of Microsoft during the third quarter worth about $69,000. Iron Horse Wealth Management LLC grew its position in shares of Microsoft by 89.0% during the third quarter. Iron Horse Wealth Management LLC now owns 223 shares of the software giant’s stock worth $70,000 after acquiring an additional 105 shares during the last quarter. Finally, MayTech Global Investments LLC bought a new position in shares of Microsoft during the fourth quarter worth about $83,000. 71.13% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on MSFT. Barclays increased their target price on shares of Microsoft from $421.00 to $475.00 and gave the company an “overweight” rating in a research report on Wednesday, January 31st. Wells Fargo & Company increased their target price on shares of Microsoft from $460.00 to $480.00 and gave the company an “overweight” rating in a research report on Wednesday. Jefferies Financial Group increased their target price on shares of Microsoft from $465.00 to $550.00 and gave the company a “buy” rating in a research report on Monday, April 1st. DA Davidson reiterated a “buy” rating and issued a $500.00 target price on shares of Microsoft in a research report on Friday, March 15th. Finally, Morgan Stanley increased their target price on shares of Microsoft from $465.00 to $520.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Four investment analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $431.03.

Insider Activity at Microsoft

In related news, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total value of $1,950,000.00. Following the completion of the sale, the insider now owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, insider Bradford L. Smith sold 3,303 shares of Microsoft stock in a transaction on Monday, February 5th. The shares were sold at an average price of $406.12, for a total value of $1,341,414.36. Following the completion of the sale, the insider now owns 570,826 shares of the company’s stock, valued at approximately $231,823,855.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Corp Microsoft sold 1,000,000 shares of Microsoft stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the completion of the sale, the insider now directly owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,070,258 shares of company stock valued at $30,690,456. Insiders own 0.03% of the company’s stock.

Microsoft Trading Down 0.7 %

Shares of NASDAQ:MSFT opened at $411.84 on Thursday. The firm has a fifty day moving average of $415.48 and a two-hundred day moving average of $384.15. The firm has a market capitalization of $3.06 trillion, a P/E ratio of 37.24, a price-to-earnings-growth ratio of 2.20 and a beta of 0.89. Microsoft Co. has a 12-month low of $275.37 and a 12-month high of $430.82. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.19.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.76 by $0.17. The company had revenue of $62.02 billion during the quarter, compared to analyst estimates of $61.14 billion. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the business posted $2.32 EPS. On average, equities analysts expect that Microsoft Co. will post 11.61 EPS for the current fiscal year.

Microsoft Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s payout ratio is presently 27.12%.

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.