Motley Fool Wealth Management LLC Sells 800 Shares of Microsoft Co. (NASDAQ:MSFT)

Motley Fool Wealth Management LLC decreased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,958 shares of the software giant’s stock after selling 800 shares during the quarter. Microsoft makes up 1.1% of Motley Fool Wealth Management LLC’s portfolio, making the stock its 26th largest position. Motley Fool Wealth Management LLC’s holdings in Microsoft were worth $21,067,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in MSFT. Net Worth Advisory Group purchased a new stake in Microsoft in the third quarter worth about $2,645,000. Oak Ridge Investments LLC raised its holdings in shares of Microsoft by 7.6% in the 3rd quarter. Oak Ridge Investments LLC now owns 263,534 shares of the software giant’s stock valued at $113,399,000 after purchasing an additional 18,544 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in shares of Microsoft by 1.6% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,975,200 shares of the software giant’s stock valued at $882,816,000 after purchasing an additional 31,401 shares in the last quarter. Jacobs & Co. CA increased its holdings in Microsoft by 0.9% during the third quarter. Jacobs & Co. CA now owns 96,021 shares of the software giant’s stock valued at $41,318,000 after buying an additional 880 shares during the period. Finally, Focus Financial Network Inc. raised its stake in Microsoft by 2.0% in the third quarter. Focus Financial Network Inc. now owns 76,296 shares of the software giant’s stock worth $32,830,000 after buying an additional 1,489 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Microsoft Stock Up 0.6 %

MSFT stock opened at $415.82 on Friday. The stock has a market capitalization of $3.09 trillion, a P/E ratio of 33.48, a P/E/G ratio of 2.21 and a beta of 0.90. Microsoft Co. has a 52 week low of $385.58 and a 52 week high of $468.35. The firm has a 50-day simple moving average of $431.86 and a 200-day simple moving average of $423.85. 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 announced its earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, beating analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same quarter in the previous year, the company earned $2.93 earnings per share. Equities analysts forecast that Microsoft Co. will post 13.03 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently disclosed 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. 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 0.80%. Microsoft’s payout ratio is currently 26.73%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on MSFT. Piper Sandler reaffirmed an “overweight” rating and set a $520.00 target price on shares of Microsoft in a research report on Monday, January 27th. Truist Financial reiterated a “buy” rating and issued a $600.00 target price on shares of Microsoft in a research note on Monday, October 28th. Morgan Stanley decreased their price target on shares of Microsoft from $540.00 to $530.00 and set an “overweight” rating for the company in a research report on Thursday, January 30th. Mizuho cut their price objective on shares of Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Microsoft from $470.00 to $465.00 and set an “overweight” rating for the company in a research report on Thursday, October 31st. Three investment analysts have rated the stock with a hold rating and twenty-seven 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 $510.96.

Insider Transactions at Microsoft

In other news, EVP Judson Althoff sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $417.00, for a total transaction of $10,425,000.00. Following the transaction, the executive vice president now directly owns 117,294 shares in the company, valued at $48,911,598. The trade was a 17.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CMO Takeshi Numoto sold 2,500 shares of the company’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 completion of the sale, the chief marketing officer now owns 49,352 shares of the company’s stock, valued at $22,080,578.32. This trade represents a 4.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 41,200 shares of company stock valued at $17,383,892 over the last 90 days. 0.03% of the stock is currently owned by corporate insiders.

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.