Momentum Wealth Planning LLC Sells 3,884 Shares of Microsoft Corporation $MSFT

Momentum Wealth Planning LLC trimmed its holdings in shares of Microsoft Corporation (NASDAQ:MSFT) by 89.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 476 shares of the software giant’s stock after selling 3,884 shares during the quarter. Momentum Wealth Planning LLC’s holdings in Microsoft were worth $230,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Quaker Wealth Management LLC lifted its position in Microsoft by 2.3% during the fourth quarter. Quaker Wealth Management LLC now owns 2,654 shares of the software giant’s stock valued at $1,284,000 after purchasing an additional 60 shares in the last quarter. Gentry Private Wealth LLC lifted its position in Microsoft by 16.9% during the fourth quarter. Gentry Private Wealth LLC now owns 2,995 shares of the software giant’s stock valued at $1,448,000 after purchasing an additional 434 shares in the last quarter. Kapitalo Investimentos Ltda lifted its position in Microsoft by 13.1% during the fourth quarter. Kapitalo Investimentos Ltda now owns 71,402 shares of the software giant’s stock valued at $34,531,000 after purchasing an additional 8,277 shares in the last quarter. Accretive Wealth Partners LLC lifted its position in Microsoft by 13.3% during the fourth quarter. Accretive Wealth Partners LLC now owns 18,415 shares of the software giant’s stock valued at $8,906,000 after purchasing an additional 2,160 shares in the last quarter. Finally, Proathlete Wealth Management LLC lifted its position in Microsoft by 2.2% during the fourth quarter. Proathlete Wealth Management LLC now owns 11,649 shares of the software giant’s stock valued at $5,634,000 after purchasing an additional 256 shares in the last quarter. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Price Performance

Shares of Microsoft stock opened at $421.92 on Friday. The stock’s 50-day simple moving average is $398.18 and its 200-day simple moving average is $441.39. Microsoft Corporation has a 52 week low of $356.28 and a 52 week high of $555.45. The company has a market capitalization of $3.13 trillion, a price-to-earnings ratio of 25.11, a PEG ratio of 1.52 and a beta of 1.10. The company has a quick ratio of 1.27, a current ratio of 1.28 and a debt-to-equity ratio of 0.08.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, April 29th. The software giant reported $4.27 EPS for the quarter, beating the consensus estimate of $4.06 by $0.21. Microsoft had a return on equity of 31.94% and a net margin of 39.34%.The business had revenue of $82.89 billion for the quarter, compared to the consensus estimate of $81.44 billion. During the same period in the previous year, the business earned $3.46 earnings per share. The business’s revenue was up 18.3% on a year-over-year basis. As a group, analysts expect that Microsoft Corporation will post 16.76 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Thursday, May 21st. Microsoft’s payout ratio is currently 21.67%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MSFT. Guggenheim reiterated a “buy” rating and set a $586.00 target price on shares of Microsoft in a research report on Thursday, April 30th. Wall Street Zen downgraded Microsoft from a “buy” rating to a “hold” rating in a research report on Sunday, January 18th. Bank of America began coverage on Microsoft in a research report on Tuesday, March 24th. They set a “buy” rating and a $500.00 target price on the stock. Oppenheimer reiterated an “outperform” rating and set a $515.00 target price (down from $630.00) on shares of Microsoft in a research report on Monday, April 27th. Finally, Wedbush reiterated an “outperform” rating and set a $575.00 target price on shares of Microsoft in a research report on Wednesday. Thirty-nine investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and an average price target of $560.88.

Insider Transactions at Microsoft

In other news, Director John W. Stanton bought 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were bought at an average cost of $397.35 per share, for a total transaction of $1,986,750.00. Following the completion of the transaction, the director owned 83,905 shares of the company’s stock, valued at approximately $33,339,651.75. This represents a 6.34% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Kathleen T. Hogan sold 12,321 shares of the business’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $409.52, for a total value of $5,045,695.92. Following the completion of the sale, the executive vice president owned 137,933 shares in the company, valued at $56,486,322.16. This represents a 8.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.03% of the stock is currently owned by insiders.

More Microsoft News

Here are the key news stories impacting Microsoft this week:

• Positive Sentiment: Bill Ackman revealed a new multi-billion-dollar stake in Microsoft (MSFT), saying the company looks attractively valued and highlighting Azure, Microsoft 365, and AI as key growth drivers. Reuters: Ackman’s Pershing Square takes stake in Microsoft, citing ‘compelling’ valuation
• Positive Sentiment: Analysts and market commentary continued to argue that Microsoft’s AI infrastructure, Azure growth, and OpenAI exposure could support further upside, with some seeing the stock’s weaker recent performance as a buying opportunity. TipRanks: Microsoft Buy Rating Reiterated as AI and Cloud Momentum Builds
• Neutral Sentiment: Microsoft also announced a board addition, appointing former EY chief Carmine Di Sibio to its board of directors, which is a governance update but not an immediate operating catalyst. PR Newswire: Microsoft announces appointment of Carmine Di Sibio to board of directors
• Negative Sentiment: The UK opened an antitrust probe into Microsoft’s business software and cloud practices, creating a potential regulatory overhang for the stock. Reuters: UK opens antitrust probe into Microsoft’s business software
• Negative Sentiment: LinkedIn, a Microsoft-owned unit, announced 5% workforce cuts, reinforcing that the company is still trimming costs even as it ramps AI spending. Reuters: LinkedIn to lay off 5% of workforce amid tech industry cuts

Microsoft Company Profile

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).