Microsoft Co. (NASDAQ:MSFT) is Toth Financial Advisory Corp's Largest Position

Toth Financial Advisory Corp reduced its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 2.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 64,649 shares of the software giant's stock after selling 1,720 shares during the quarter. Microsoft comprises approximately 3.3% of Toth Financial Advisory Corp's holdings, making the stock its largest holding. Toth Financial Advisory Corp's holdings in Microsoft were worth $27,818,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of MSFT. Christopher J. Hasenberg Inc lifted its stake in shares of Microsoft by 169.2% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 70 shares of the software giant's stock valued at $31,000 after purchasing an additional 44 shares during the last quarter. Quarry LP purchased a new stake in Microsoft during the 2nd quarter valued at $45,000. Innealta Capital LLC bought a new stake in Microsoft in the second quarter worth $75,000. Bellevue Group AG boosted its stake in Microsoft by 47.5% during the first quarter. Bellevue Group AG now owns 180 shares of the software giant's stock worth $76,000 after buying an additional 58 shares during the period. Finally, Bbjs Financial Advisors LLC increased 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 valued at $169,000 after acquiring an additional 268 shares during the last quarter. Institutional investors own 71.13% of the company's stock.

Insider Transactions at Microsoft

In other news, CMO Takeshi Numoto sold 1,000 shares of Microsoft stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $414.72, for a total transaction of $414,720.00. Following the completion of the sale, the chief marketing officer now directly owns 57,511 shares in the company, valued at approximately $23,850,961.92. The trade was a 1.71 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Christopher David Young sold 7,200 shares of the company'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 directly owns 103,366 shares in the company, valued at approximately $43,792,039.56. The trade was a 6.51 % decrease in their ownership of the stock. 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.

Analyst Upgrades and Downgrades

MSFT has been the subject of several analyst reports. DA Davidson lowered shares of Microsoft from a "buy" rating to a "neutral" rating and set a $475.00 target price for the company. in a report on Monday, September 23rd. Truist Financial restated a "buy" rating and set a $600.00 target price on shares of Microsoft in a research report on Monday, October 28th. Wells Fargo & Company reiterated a "buy" rating on shares of Microsoft in a report on Friday, October 18th. UBS Group decreased their price target on Microsoft from $510.00 to $500.00 and set a "buy" rating for the company in a research note on Thursday, October 31st. Finally, Mizuho upped their price objective on Microsoft from $480.00 to $510.00 and gave the company an "outperform" rating in a research report on Friday. Two analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $505.43.

Microsoft Stock Down 0.5 %

Shares of MSFT traded down $2.29 during trading hours on Friday, hitting $447.27. The company had a trading volume of 20,169,633 shares, compared to its average volume of 20,546,393. Microsoft Co. has a one year low of $364.13 and a one year high of $468.35. The company's fifty day moving average price is $424.16 and its two-hundred day moving average price is $427.64. The company has a market capitalization of $3.33 trillion, a PE ratio of 36.90, a price-to-earnings-growth ratio of 2.38 and a beta of 0.90. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.15.

Microsoft (NASDAQ:MSFT - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, beating the consensus estimate of $3.10 by $0.20. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. The business had revenue of $65.59 billion during the quarter, compared to analyst estimates of $64.57 billion. During the same period in the prior year, the firm posted $2.99 earnings per share. The company's quarterly revenue was up 16.0% on a year-over-year basis. As a group, equities analysts forecast that Microsoft Co. will post 12.93 earnings per share for the current fiscal year.

Microsoft declared that its Board of Directors has authorized a share repurchase plan on Monday, September 16th that permits the company to repurchase $60.00 billion in outstanding shares. This repurchase authorization permits the software giant to repurchase up to 1.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be issued a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 0.74%. The ex-dividend date is Thursday, February 20th. Microsoft's dividend payout ratio is currently 27.39%.

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.