Microsoft Co. (NASDAQ:MSFT) is Bowie Capital Management LLC's 3rd Largest Position

Bowie Capital Management LLC raised its holdings in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 19.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 305,715 shares of the software giant's stock after purchasing an additional 49,775 shares during the period. Microsoft accounts for approximately 6.8% of Bowie Capital Management LLC's investment portfolio, making the stock its 3rd biggest holding. Bowie Capital Management LLC's holdings in Microsoft were worth $131,549,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MSFT. Charles Schwab Investment Management Inc. increased its position in shares of Microsoft by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 47,229,125 shares of the software giant's stock valued at $20,322,513,000 after acquiring an additional 652,493 shares during the period. International Assets Investment Management LLC increased its position in shares of Microsoft by 48,526.1% in the 3rd quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock valued at $16,567,258,000 after acquiring an additional 38,422,466 shares during the period. Ameriprise Financial Inc. boosted its holdings in Microsoft by 0.3% in the second quarter. Ameriprise Financial Inc. now owns 34,511,544 shares of the software giant's stock valued at $15,426,767,000 after purchasing an additional 97,075 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Microsoft by 2.3% in the third quarter. Fisher Asset Management LLC now owns 27,904,450 shares of the software giant's stock valued at $12,007,285,000 after purchasing an additional 636,713 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Microsoft by 6.9% in the second quarter. Dimensional Fund Advisors LP now owns 24,091,789 shares of the software giant's stock valued at $10,768,771,000 after purchasing an additional 1,563,533 shares during the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Trading Up 0.0 %

NASDAQ MSFT traded up $0.07 on Friday, reaching $415.06. The stock had a trading volume of 34,151,765 shares, compared to its average volume of 18,687,650. The firm has a market capitalization of $3.09 trillion, a price-to-earnings ratio of 33.42, a P/E/G ratio of 2.38 and a beta of 0.90. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 0.15. Microsoft Co. has a 12-month low of $385.58 and a 12-month high of $468.35. The stock has a fifty day moving average price of $432.53 and a two-hundred day moving average price of $424.61.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 34.38% and a net margin of 35.43%. During the same period last year, the business earned $2.93 EPS. As a group, sell-side analysts forecast that Microsoft Co. will post 12.89 EPS for the current fiscal year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date is Thursday, February 20th. Microsoft's payout ratio is 26.73%.

Analyst Upgrades and Downgrades

Several research firms have commented on MSFT. Morgan Stanley lowered their price target on shares of Microsoft from $540.00 to $530.00 and set an "overweight" rating on the stock in a report on Thursday. Mizuho dropped their target price on Microsoft from $510.00 to $500.00 and set an "outperform" rating on the stock in a research report on Thursday. Stifel Nicolaus raised their target price on Microsoft from $475.00 to $515.00 and gave the company a "buy" rating in a research report on Wednesday, December 18th. StockNews.com upgraded Microsoft from a "hold" rating to a "buy" rating in a research report on Wednesday, January 22nd. Finally, The Goldman Sachs Group dropped their target price on Microsoft from $515.00 to $500.00 and set a "buy" rating on the stock in a research report on Thursday, October 10th. Three research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $510.96.

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Christopher David Young sold 7,200 shares of the business's stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $423.66, for a total value 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 $43,792,039.56. The trade was a 6.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CMO Takeshi Numoto sold 2,500 shares of the business's stock in a transaction on Monday, December 9th. The stock was sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the completion of the transaction, the chief marketing officer now owns 49,352 shares of the company's stock, valued at approximately $22,080,578.32. This trade represents a 4.82 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 41,200 shares of company stock valued at $17,383,892 over the last quarter. 0.03% of the stock is owned by company insiders.

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.