Microsoft (NASDAQ:MSFT) Stock Price Down 0.6%

Shares of Microsoft Co. (NASDAQ:MSFT - Get Free Report) traded down 0.6% during trading on Tuesday . The company traded as low as $445.32 and last traded at $445.86. 4,468,378 shares traded hands during trading, a decline of 79% from the average session volume of 20,826,035 shares. The stock had previously closed at $448.37.

Analyst Upgrades and Downgrades

MSFT has been the subject of several recent research reports. Piper Sandler reaffirmed an "overweight" rating and issued a $465.00 price objective (up previously from $455.00) on shares of Microsoft in a research note on Friday, April 26th. Tigress Financial upped their price target on shares of Microsoft from $475.00 to $550.00 and gave the company a "buy" rating in a research report on Thursday, June 13th. Macquarie lifted their price target on shares of Microsoft from $460.00 to $475.00 and gave the stock an "outperform" rating in a report on Friday, May 17th. UBS Group restated a "buy" rating and issued a $480.00 price objective on shares of Microsoft in a report on Wednesday, April 10th. Finally, Stifel Nicolaus reaffirmed a "buy" rating and set a $455.00 target price on shares of Microsoft in a research report on Monday, April 22nd. Three investment analysts have rated the stock with a hold rating and thirty-three have issued a buy rating to the company's stock. According to MarketBeat.com, Microsoft has an average rating of "Moderate Buy" and a consensus target price of $465.83.

Microsoft Stock Down 0.5 %

The company has a market cap of $3.32 trillion, a price-to-earnings ratio of 38.64, a price-to-earnings-growth ratio of 2.34 and a beta of 0.89. The stock's fifty day moving average is $418.59 and its two-hundred day moving average is $405.81. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.81 by $0.13. Microsoft had a return on equity of 37.54% and a net margin of 36.43%. The business had revenue of $61.86 billion during the quarter, compared to the consensus estimate of $60.86 billion. During the same quarter in the prior year, the company posted $2.45 earnings per share. Microsoft's revenue was up 17.0% compared to the same quarter last year. Sell-side analysts predict that Microsoft Co. will post 11.77 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Thursday, August 15th will be given a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date is Thursday, August 15th. Microsoft's payout ratio is 25.97%.

Insiders Place Their Bets

In related news, EVP Judson Althoff sold 25,000 shares of the stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the completion of the sale, the executive vice president now directly owns 104,949 shares of the company's stock, valued at $44,674,690.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CMO Takeshi Numoto sold 322 shares of Microsoft stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $416.60, for a total value of $134,145.20. Following the sale, the chief marketing officer now owns 47,255 shares of the company's stock, valued at approximately $19,686,433. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Judson Althoff sold 25,000 shares of the stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total value of $10,642,000.00. Following the transaction, the executive vice president now directly owns 104,949 shares of the company's stock, valued at $44,674,690.32. The disclosure for this sale can be found here. Insiders have sold a total of 25,566 shares of company stock valued at $10,877,535 in the last 90 days. 0.03% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Microsoft

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Johnson Bixby & Associates LLC raised its stake in shares of Microsoft by 0.4% during the 1st quarter. Johnson Bixby & Associates LLC now owns 6,481 shares of the software giant's stock valued at $2,727,000 after purchasing an additional 25 shares during the period. Morris Financial Concepts Inc. grew its holdings in Microsoft by 0.9% during the 4th quarter. Morris Financial Concepts Inc. now owns 2,663 shares of the software giant's stock valued at $1,001,000 after buying an additional 25 shares in the last quarter. Innova Wealth Partners increased its position in shares of Microsoft by 0.6% during the fourth quarter. Innova Wealth Partners now owns 4,239 shares of the software giant's stock valued at $1,594,000 after buying an additional 25 shares during the period. Arkansas Financial Group Inc. lifted its holdings in shares of Microsoft by 1.5% in the fourth quarter. Arkansas Financial Group Inc. now owns 1,719 shares of the software giant's stock worth $646,000 after buying an additional 25 shares in the last quarter. Finally, Partnership Wealth Management LLC boosted its position in shares of Microsoft by 0.4% in the first quarter. Partnership Wealth Management LLC now owns 6,202 shares of the software giant's stock valued at $2,609,000 after acquiring an additional 25 shares during the period. Institutional investors own 71.13% of the company's stock.

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.