FMA Wealth Management LLC Has $479,000 Stock Position in Microsoft Co. (NASDAQ:MSFT)

FMA Wealth Management LLC lowered its stake in Microsoft Co. (NASDAQ:MSFT) by 8.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,113 shares of the software giant’s stock after selling 100 shares during the quarter. Microsoft comprises approximately 0.3% of FMA Wealth Management LLC’s holdings, making the stock its 29th largest holding. FMA Wealth Management LLC’s holdings in Microsoft were worth $479,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Swedbank AB bought a new position in shares of Microsoft during the 1st quarter valued at about $5,587,119,000. Wulff Hansen & CO. lifted its holdings in shares of Microsoft by 47,196.6% during the 2nd quarter. Wulff Hansen & CO. now owns 4,834,658 shares of the software giant’s stock valued at $2,160,850,000 after purchasing an additional 4,824,436 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Microsoft by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 667,987,038 shares of the software giant’s stock valued at $281,035,506,000 after purchasing an additional 3,078,099 shares in the last quarter. Canada Pension Plan Investment Board lifted its holdings in shares of Microsoft by 77.6% during the 1st quarter. Canada Pension Plan Investment Board now owns 6,281,925 shares of the software giant’s stock valued at $2,642,931,000 after purchasing an additional 2,744,900 shares in the last quarter. Finally, M&G Plc bought a new position in shares of Microsoft during the 1st quarter valued at about $846,072,000. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Activity

In other news, CMO Takeshi Numoto sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $430.87, for a total value of $1,077,175.00. Following the sale, the chief marketing officer now directly owns 53,852 shares in the company, valued at approximately $23,203,211.24. This trade represents a 4.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Bradford L. Smith sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $402.59, for a total transaction of $16,103,600.00. Following the completion of the sale, the insider now owns 544,847 shares in the company, valued at approximately $219,349,953.73. The trade was a 6.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 134,578 shares of company stock worth $55,279,956. 0.03% of the stock is currently owned by company insiders.

Microsoft Stock Performance

NASDAQ:MSFT opened at $431.20 on Wednesday. The stock has a fifty day moving average price of $420.83 and a 200-day moving average price of $426.70. The company has a market cap of $3.21 trillion, a price-to-earnings ratio of 35.58, a PEG ratio of 2.29 and a beta of 0.90. 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 fifty-two week low of $362.90 and a fifty-two week high of $468.35.

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

Microsoft announced that its board has authorized a share 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 repurchase up to 1.9% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Microsoft Dividend Announcement

The business 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. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.77%. Microsoft’s payout ratio is 27.39%.

Analysts Set New Price Targets

Several research firms have recently weighed in on MSFT. TD Cowen cut their price objective on Microsoft from $495.00 to $475.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. BMO Capital Markets dropped their target price on Microsoft from $500.00 to $495.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. JPMorgan Chase & Co. dropped their target price on Microsoft from $470.00 to $465.00 and set an “overweight” rating on the stock in a research report on Thursday, October 31st. Wedbush reissued an “outperform” rating and issued a $550.00 target price on shares of Microsoft in a research report on Tuesday, November 19th. Finally, DA Davidson lowered 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. Two research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $503.03.

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.