3,635 Shares in Microsoft Co. (NASDAQ:MSFT) Bought by iSAM Funds UK Ltd

iSAM Funds UK Ltd purchased a new position in shares of Microsoft Co. (NASDAQ:MSFT) in the third quarter, according to its most recent filing with the SEC. The firm purchased 3,635 shares of the software giant’s stock, valued at approximately $1,564,000. Microsoft accounts for 0.9% of iSAM Funds UK Ltd’s portfolio, making the stock its 20th largest holding.

Other large investors have also recently bought and sold shares of the company. Christopher J. Hasenberg Inc boosted its stake in Microsoft by 35.7% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock valued at $39,000 after purchasing an additional 25 shares during the last quarter. Quarry LP bought a new position in shares of Microsoft during the 2nd quarter worth approximately $45,000. MidAtlantic Capital Management Inc. bought a new position in shares of Microsoft during the 3rd quarter worth approximately $62,000. Carolina Wealth Advisors LLC lifted its position in shares of Microsoft by 10.1% during the 3rd quarter. Carolina Wealth Advisors LLC now owns 338 shares of the software giant’s stock worth $145,000 after buying an additional 31 shares in the last quarter. Finally, MayTech Global Investments LLC bought a new position in shares of Microsoft during the 2nd quarter worth approximately $200,000. 71.13% of the stock is currently owned by institutional investors and hedge funds.

Microsoft Stock Down 1.5 %

Shares of Microsoft stock opened at $409.75 on Monday. The company has a market cap of $3.05 trillion, a price-to-earnings ratio of 32.99, a price-to-earnings-growth ratio of 2.21 and a beta of 0.90. The company’s 50 day moving average is $431.44 and its 200 day moving average is $423.56. Microsoft Co. has a twelve month low of $385.58 and a twelve month high of $468.35. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share for the quarter, topping the consensus estimate of $3.15 by $0.08. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. During the same quarter in the previous year, the firm posted $2.93 EPS. Research analysts anticipate that Microsoft Co. will post 13.07 EPS for the current year.

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 issued a $0.83 dividend. The ex-dividend date is Thursday, February 20th. This represents a $3.32 annualized dividend and a dividend yield of 0.81%. Microsoft’s dividend payout ratio (DPR) is presently 26.73%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on MSFT shares. Citigroup reduced their price objective on shares of Microsoft from $500.00 to $497.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. Sanford C. Bernstein lowered their price target on shares of Microsoft from $501.00 to $500.00 and set an “outperform” rating for the company in a research note on Friday, October 25th. UBS Group lowered their price objective on shares of Microsoft from $525.00 to $510.00 and set a “buy” rating for the company in a research note on Thursday, January 30th. Mizuho lowered their price objective on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating for the company in a research note on Thursday, January 30th. Finally, TD Cowen decreased their price target on shares of Microsoft from $495.00 to $475.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Three research analysts have rated the stock with a hold rating and twenty-seven have given a buy rating to the stock. According to data from MarketBeat, Microsoft presently has an average rating of “Moderate Buy” and an average price target of $510.96.

Insider Transactions at Microsoft

In related news, EVP Christopher David Young sold 7,200 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president now 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the transaction, the chief marketing officer now directly owns 49,352 shares in the company, valued at $22,080,578.32. This trade represents a 4.82 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 41,200 shares of company stock worth $17,383,892. 0.03% of the stock is currently owned by insiders.

About Microsoft

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.