Microsoft Corporation $MSFT Stock Holdings Decreased by Talon Private Wealth LLC

Talon Private Wealth LLC lowered its holdings in shares of Microsoft Corporation (NASDAQ:MSFT – Free Report) by 24.9% in the second quarter, HoldingsChannel.com reports. The fund owned 5,389 shares of the software giant’s stock after selling 1,782 shares during the quarter. Talon Private Wealth LLC’s holdings in Microsoft were worth $2,010,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in MSFT. Box Hill Private Wealth LLC boosted its stake in Microsoft by 0.5% in the 2nd quarter. Box Hill Private Wealth LLC now owns 4,272 shares of the software giant’s stock worth $1,593,000 after buying an additional 21 shares during the last quarter. Strategic Wealth Advisors LLC boosted its position in Microsoft by 1.7% during the 2nd quarter. Strategic Wealth Advisors LLC now owns 1,473 shares of the software giant’s stock worth $549,000 after purchasing an additional 24 shares during the period. Lee Johnson Capital Management LLC grew its stake in shares of Microsoft by 3.8% in the second quarter. Lee Johnson Capital Management LLC now owns 687 shares of the software giant’s stock valued at $256,000 after buying an additional 25 shares in the last quarter. Mann Financial Group Inc. raised its stake in shares of Microsoft by 1.3% during the second quarter. Mann Financial Group Inc. now owns 1,921 shares of the software giant’s stock valued at $717,000 after purchasing an additional 25 shares during the period. Finally, Riverpoint Wealth Management Holdings LLC lifted its holdings in Microsoft by 0.5% in the 1st quarter. Riverpoint Wealth Management Holdings LLC now owns 5,543 shares of the software giant’s stock worth $2,052,000 after buying an additional 26 shares in the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Microsoft

In other Microsoft news, EVP Amy Hood sold 7,305 shares of the company’s stock in a transaction dated Tuesday, October 13th. The shares were sold at an average price of $545.42, for a total value of $3,984,293.10. Following the completion of the transaction, the executive vice president owned 555,396 shares in the company, valued at approximately $302,924,086.32. This represents a 1.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satya Nadella sold 86,525 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $501.46, for a total transaction of $43,388,826.50. Following the completion of the sale, the chief executive officer owned 486,763 shares in the company, valued at $244,092,173.98. The trade was a 15.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 135,504 shares of company stock worth $68,138,024. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

MSFT has been the subject of several research analyst reports. Morgan Stanley reissued an “overweight” rating on shares of Microsoft in a research report on Thursday, October 29th. Piper Sandler reissued an “overweight” rating and issued a $650.00 price objective (up from $610.00) on shares of Microsoft in a report on Thursday, October 29th. Argus decreased their target price on Microsoft from $620.00 to $510.00 and set a “buy” rating for the company in a research report on Friday, July 10th. CLSA reiterated an “outperform” rating on shares of Microsoft in a report on Thursday, July 30th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $640.00 price objective on shares of Microsoft in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $609.54.

Check Out Our Latest Analysis on Microsoft

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Microsoft Stock Performance

Shares of NASDAQ MSFT opened at $555.80 on Thursday. The company has a quick ratio of 1.21, a current ratio of 1.22 and a debt-to-equity ratio of 0.07. The firm’s 50-day moving average price is $515.34 and its two-hundred day moving average price is $439.42. Microsoft Corporation has a 52-week low of $349.20 and a 52-week high of $559.15. The stock has a market capitalization of $4.13 trillion, a P/E ratio of 29.01, a P/E/G ratio of 1.54 and a beta of 1.05.

Microsoft (NASDAQ:MSFT – Get Free Report) last issued its earnings results on Wednesday, October 28th. The software giant reported $4.89 earnings per share for the quarter, topping the consensus estimate of $4.72 by $0.17. The firm had revenue of $92.28 billion for the quarter, compared to analyst estimates of $90.62 billion. Microsoft had a return on equity of 31.28% and a net margin of 41.17%. The firm’s revenue for the quarter was up 18.8% on a year-over-year basis. During the same period last year, the company earned $4.13 earnings per share. As a group, sell-side analysts forecast that Microsoft Corporation will post 19.86 earnings per share for the current year.

Microsoft Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be issued a $0.98 dividend. This is a boost from Microsoft’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.7%. Microsoft’s dividend payout ratio is 19.00%.

Microsoft Company Profile

(Free Report)

Microsoft Corporation (NASDAQ:MSFT) is a global technology company that develops software, cloud services, devices and digital platforms. Its products and services are used by consumers, businesses, governments and educational institutions worldwide.

The company’s principal offerings include the Windows operating system; Microsoft 365 productivity applications such as Word, Excel, Teams and Outlook; Azure cloud computing and infrastructure services; Dynamics business applications; and enterprise security solutions.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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