Microsoft Co. (NASDAQ:MSFT) Shares Sold by Radnor Capital Management LLC

Radnor Capital Management LLC lessened its stake in Microsoft Co. (NASDAQ:MSFT - Free Report) by 6.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,707 shares of the software giant's stock after selling 1,846 shares during the period. Microsoft accounts for approximately 1.8% of Radnor Capital Management LLC's portfolio, making the stock its 7th largest position. Radnor Capital Management LLC's holdings in Microsoft were worth $10,815,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of Microsoft during the fourth quarter worth about $35,920,047,000. International Assets Investment Management LLC acquired a new stake in shares of Microsoft during the fourth quarter worth about $9,625,201,000. Vanguard Group Inc. boosted its stake in shares of Microsoft by 2.4% during the fourth quarter. Vanguard Group Inc. now owns 664,908,939 shares of the software giant's stock worth $250,032,357,000 after buying an additional 15,701,937 shares during the period. TCI Fund Management Ltd. acquired a new stake in shares of Microsoft during the fourth quarter worth about $4,000,376,000. Finally, FMR LLC raised its holdings in Microsoft by 2.7% during the third quarter. FMR LLC now owns 215,874,152 shares of the software giant's stock worth $68,162,263,000 after purchasing an additional 5,762,902 shares in the last quarter. Institutional investors and hedge funds own 71.13% of the company's stock.

Microsoft Stock Performance

Shares of NASDAQ MSFT traded down $5.90 during midday trading on Friday, hitting $446.95. The company's stock had a trading volume of 28,335,798 shares, compared to its average volume of 20,938,492. Microsoft Co. has a 1-year low of $309.45 and a 1-year high of $456.17. The firm's fifty day moving average price is $424.11 and its 200-day moving average price is $409.66. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.23 and a current ratio of 1.24. The firm has a market cap of $3.32 trillion, a P/E ratio of 38.70, a P/E/G ratio of 2.39 and a beta of 0.89.

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

Microsoft Announces Dividend

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

Insider Buying and Selling at Microsoft

In other Microsoft news, EVP Judson Althoff sold 25,000 shares of the business's stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the completion of the transaction, the executive vice president now directly owns 104,949 shares of the company's stock, valued at approximately $44,674,690.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CMO Takeshi Numoto sold 244 shares of the company's stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $415.53, for a total value of $101,389.32. Following the completion of the sale, the chief marketing officer now directly owns 47,011 shares of the company's stock, valued at approximately $19,534,480.83. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Judson Althoff sold 25,000 shares of the company's 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 disclosure for this sale can be found here. Insiders sold 25,566 shares of company stock valued at $10,877,535 in the last ninety days. Company insiders own 0.03% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Morgan Stanley increased their price target on shares of Microsoft from $465.00 to $520.00 and gave the stock an "overweight" rating in a report on Thursday, April 11th. Royal Bank of Canada reissued an "outperform" rating and set a $500.00 price target on shares of Microsoft in a report on Friday, May 24th. Piper Sandler reaffirmed an "overweight" rating and issued a $465.00 target price (up from $455.00) on shares of Microsoft in a report on Friday, April 26th. New Street Research began coverage on shares of Microsoft in a report on Monday, June 10th. They issued a "buy" rating and a $570.00 target price for the company. Finally, Sanford C. Bernstein increased their target price on shares of Microsoft from $465.00 to $489.00 and gave the company an "outperform" rating in a report on Friday, April 26th. Three research analysts have rated the stock with a hold rating and thirty-three have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $467.12.

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.