Microsoft Co. (NASDAQ:MSFT) Stock Holdings Trimmed by Strategic Investment Solutions Inc. IL

Strategic Investment Solutions Inc. IL decreased its holdings in Microsoft Co. (NASDAQ:MSFT - Free Report) by 21.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,352 shares of the software giant's stock after selling 1,210 shares during the quarter. Strategic Investment Solutions Inc. IL's holdings in Microsoft were worth $1,873,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in MSFT. Christopher J. Hasenberg Inc boosted its position in Microsoft by 169.2% during the second quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant's stock worth $31,000 after purchasing an additional 44 shares in the last quarter. Quarry LP purchased a new stake in shares of Microsoft in the 2nd quarter worth about $45,000. Innealta Capital LLC acquired a new stake in Microsoft in the 2nd quarter valued at about $75,000. Carolina Wealth Advisors LLC increased its holdings in Microsoft by 10.1% during the 3rd quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant's stock valued at $145,000 after acquiring an additional 31 shares in the last quarter. Finally, Bbjs Financial Advisors LLC raised its position in Microsoft by 241.4% during the second quarter. Bbjs Financial Advisors LLC now owns 379 shares of the software giant's stock worth $169,000 after acquiring an additional 268 shares during the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Microsoft

In related news, EVP Judson Althoff sold 25,000 shares of the stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $417.00, for a total value of $10,425,000.00. Following the completion of the transaction, the executive vice president now owns 117,294 shares of the company's stock, valued at approximately $48,911,598. This represents a 17.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CMO Takeshi Numoto sold 2,500 shares of the firm's stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $447.41, for a total value of $1,118,525.00. Following the sale, 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. Over the last three months, insiders have sold 41,200 shares of company stock valued at $17,383,892. Corporate insiders own 0.03% of the company's stock.

Microsoft Stock Down 0.1 %

Shares of NASDAQ:MSFT traded down $0.43 during midday trading on Friday, hitting $436.60. 54,224,020 shares of the company's stock traded hands, compared to its average volume of 20,730,301. The firm's fifty day moving average price is $427.02 and its two-hundred day moving average price is $428.42. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.29 and a current ratio of 1.30. Microsoft Co. has a twelve month low of $366.50 and a twelve month high of $468.35. The company has a market cap of $3.25 trillion, a PE ratio of 36.02, a P/E/G ratio of 2.37 and a beta of 0.90.

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

Microsoft announced that its board has initiated a stock repurchase plan on Monday, September 16th that authorizes the company to repurchase $60.00 billion in outstanding shares. This repurchase authorization authorizes the software giant to purchase up to 1.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be given a dividend of $0.83 per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.76%. Microsoft's payout ratio is currently 27.39%.

Wall Street Analyst Weigh In

Several research firms have recently commented on MSFT. Royal Bank of Canada reiterated an "outperform" rating and issued a $500.00 price target on shares of Microsoft in a research report on Tuesday, November 5th. Stifel Nicolaus raised their price target on Microsoft from $475.00 to $515.00 and gave the stock a "buy" rating in a research report on Wednesday. The Goldman Sachs Group reduced their price objective on Microsoft from $515.00 to $500.00 and set a "buy" rating on the stock in a research report on Thursday, October 10th. TD Cowen dropped their price objective on Microsoft from $495.00 to $475.00 and set a "buy" rating for the company in a research report on Thursday, October 31st. Finally, Sanford C. Bernstein reduced their target price on shares of Microsoft from $501.00 to $500.00 and set an "outperform" rating on the stock in a report on Friday, October 25th. Three analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. Based on data from MarketBeat, Microsoft presently has a consensus rating of "Moderate Buy" and an average price target of $508.46.

Microsoft 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.