Truxt Investmentos Ltda. Buys Shares of 25,856 Microsoft Co. (NASDAQ:MSFT)

Truxt Investmentos Ltda. acquired a new stake in Microsoft Co. (NASDAQ:MSFT - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,856 shares of the software giant's stock, valued at approximately $11,126,000. Microsoft makes up approximately 7.5% of Truxt Investmentos Ltda.'s portfolio, making the stock its 4th biggest position.

A number of other hedge funds also recently added to or reduced their stakes in MSFT. Christopher J. Hasenberg Inc raised its stake in shares of Microsoft by 169.2% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant's stock worth $31,000 after acquiring an additional 44 shares in the last quarter. Quarry LP purchased a new position in Microsoft in the second quarter worth $45,000. Innealta Capital LLC acquired a new position in shares of Microsoft during the second quarter worth $75,000. Carolina Wealth Advisors LLC boosted its position in shares of Microsoft by 10.1% in the 3rd quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant's stock worth $145,000 after purchasing an additional 31 shares in the last quarter. Finally, MayTech Global Investments LLC purchased a new position in Microsoft during the 2nd quarter worth $200,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Microsoft

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction that occurred on 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 transaction, the executive vice president now owns 117,294 shares of the company's stock, valued at $48,911,598. The trade was a 17.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Christopher David Young sold 7,200 shares of Microsoft stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $423.66, for a total transaction of $3,050,352.00. Following the completion of the transaction, the executive vice president now owns 103,366 shares in the company, valued at approximately $43,792,039.56. This represents a 6.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 41,200 shares of company stock valued at $17,383,892. Insiders own 0.03% of the company's stock.

Microsoft Trading Up 2.5 %

Shares of MSFT traded up $10.36 during trading on Wednesday, reaching $426.03. 8,688,458 shares of the company traded hands, compared to its average volume of 16,715,867. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 0.15. The stock has a 50-day simple moving average of $429.08 and a 200-day simple moving average of $426.72. Microsoft Co. has a twelve month low of $384.81 and a twelve month high of $468.35. The stock has a market cap of $3.17 trillion, a PE ratio of 35.15, a price-to-earnings-growth ratio of 2.37 and a beta of 0.90.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The software giant reported $3.30 earnings per share for the quarter, beating analysts' consensus estimates of $3.10 by $0.20. The firm had revenue of $65.59 billion during the quarter, compared to analysts' expectations of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The business's quarterly revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.99 earnings per share. On average, analysts anticipate that Microsoft Co. will post 12.93 earnings per share for the current year.

Microsoft Dividend Announcement

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 issued a $0.83 dividend. The ex-dividend date is Thursday, February 20th. This represents a $3.32 annualized dividend and a yield of 0.78%. Microsoft's dividend payout ratio (DPR) is 27.39%.

Wall Street Analyst Weigh In

MSFT has been the subject of a number of research analyst reports. Oppenheimer cut Microsoft from an "outperform" rating to a "market perform" rating in a research note on Tuesday, October 8th. StockNews.com cut shares of Microsoft from a "buy" rating to a "hold" rating in a research note on Tuesday. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $500.00 price target on shares of Microsoft in a report on Tuesday, November 5th. Wells Fargo & Company reissued a "buy" rating on shares of Microsoft in a report on Friday, October 18th. Finally, Morgan Stanley raised their target price on Microsoft from $506.00 to $548.00 and gave the stock an "overweight" rating in a research note on Thursday, October 31st. Three equities research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the stock. According to MarketBeat, Microsoft currently has an average rating of "Moderate Buy" and a consensus target price of $511.62.

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.