Microsoft Co. (NASDAQ:MSFT) Shares Sold by Unionview LLC

Unionview LLC decreased its position in shares of Microsoft Co. (NASDAQ:MSFT - Free Report) by 9.6% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,385 shares of the software giant's stock after selling 2,808 shares during the quarter. Microsoft makes up 8.8% of Unionview LLC's holdings, making the stock its largest holding. Unionview LLC's holdings in Microsoft were worth $11,354,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its holdings in shares of Microsoft by 48,526.1% in the third quarter. International Assets Investment Management LLC now owns 38,501,645 shares of the software giant's stock worth $16,567,258,000 after buying an additional 38,422,466 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Microsoft by 0.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 34,511,544 shares of the software giant's stock valued at $15,426,767,000 after acquiring an additional 97,075 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Microsoft by 6.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 24,091,789 shares of the software giant's stock worth $10,768,771,000 after purchasing an additional 1,563,533 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Microsoft by 1.4% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,388,106 shares of the software giant's stock valued at $7,912,402,000 after purchasing an additional 251,408 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of Microsoft by 3.3% during the third quarter. Principal Financial Group Inc. now owns 15,651,058 shares of the software giant's stock valued at $6,734,651,000 after purchasing an additional 501,954 shares in the last quarter. Institutional investors own 71.13% of the company's stock.

Wall Street Analyst Weigh In

MSFT has been the topic of a number of research analyst reports. DA Davidson downgraded Microsoft from a "buy" rating to a "neutral" rating and set a $475.00 target price on the stock. in a research report on Monday, September 23rd. Piper Sandler increased their target price on Microsoft from $470.00 to $520.00 and gave the company an "overweight" rating in a research report on Monday, January 6th. Wells Fargo & Company restated a "buy" rating on shares of Microsoft in a research report on Friday, October 18th. Cantor Fitzgerald initiated coverage on shares of Microsoft in a research report on Friday. They set an "overweight" rating and a $509.00 price objective for the company. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $500.00 target price on shares of Microsoft in a report on Tuesday, November 5th. Three research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $512.93.

Insider Buying and Selling at Microsoft

In related news, EVP Christopher David Young sold 7,200 shares of the stock in a transaction that occurred 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 of the company's stock, valued at $43,792,039.56. This trade represents a 6.51 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CMO Takeshi Numoto sold 1,000 shares of the business's 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 sale, the chief marketing officer now directly owns 57,511 shares in the company, valued at $23,850,961.92. This trade represents a 1.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 41,200 shares of company stock worth $17,383,892 over the last three months. Corporate insiders own 0.03% of the company's stock.

Microsoft Stock Up 1.0 %

Shares of NASDAQ:MSFT traded up $4.45 during trading hours on Monday, hitting $429.03. The company's stock had a trading volume of 26,146,013 shares, compared to its average volume of 17,227,436. The firm's fifty day moving average price is $429.32 and its 200 day moving average price is $426.14. Microsoft Co. has a 52 week low of $385.58 and a 52 week high of $468.35. The company has a market capitalization of $3.19 trillion, a price-to-earnings ratio of 35.40, a P/E/G ratio of 2.22 and a beta of 0.90. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.30 and a quick ratio of 1.29.

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 during the quarter, compared to the consensus estimate of $64.57 billion. Microsoft had a net margin of 35.61% and a return on equity of 34.56%. Microsoft's revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.99 earnings per share. As a group, research analysts expect that Microsoft Co. will post 12.92 EPS for the current year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors 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 yield of 0.77%. Microsoft's payout ratio is 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.