Amy Coleman Sells 13,243 Shares of Microsoft Co. (NASDAQ:MSFT) Stock

Microsoft Co. (NASDAQ:MSFT) EVP Amy Coleman sold 13,243 shares of the firm’s stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $452.01, for a total transaction of $5,985,968.43. Following the completion of the sale, the executive vice president now owns 43,100 shares of the company’s stock, valued at $19,481,631. This trade represents a 23.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Microsoft Price Performance

Shares of MSFT opened at $454.27 on Friday. The company has a market capitalization of $3.38 trillion, a P/E ratio of 36.58, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The firm has a 50 day moving average of $395.33 and a 200 day moving average of $412.48. Microsoft Co. has a twelve month low of $344.79 and a twelve month high of $468.35.

Microsoft (NASDAQ:MSFT) last posted its earnings results on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping analysts’ consensus estimates of $3.22 by $0.24. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The business had revenue of $70.07 billion during the quarter, compared to the consensus estimate of $68.54 billion. During the same quarter in the previous year, the firm posted $2.94 EPS. The firm’s revenue was up 13.3% on a year-over-year basis. As a group, equities research analysts anticipate that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a $0.83 dividend. This represents a $3.32 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend is Thursday, May 15th. Microsoft’s dividend payout ratio (DPR) is presently 25.66%.

Analyst Upgrades and Downgrades

Several brokerages have commented on MSFT. TD Securities raised their price objective on shares of Microsoft from $475.00 to $490.00 and gave the stock a “buy” rating in a report on Thursday, May 1st. BMO Capital Markets raised their price objective on shares of Microsoft from $470.00 to $485.00 and gave the stock an “outperform” rating in a report on Thursday, May 1st. The Goldman Sachs Group raised their price objective on shares of Microsoft from $450.00 to $480.00 and gave the stock a “buy” rating in a report on Thursday, May 1st. JPMorgan Chase & Co. raised their price objective on shares of Microsoft from $465.00 to $475.00 and gave the stock an “overweight” rating in a report on Thursday, May 1st. Finally, Wells Fargo & Company raised their target price on shares of Microsoft from $500.00 to $515.00 and gave the company an “overweight” rating in a research note on Thursday, May 1st. Five equities research analysts have rated the stock with a hold rating and thirty have assigned a buy rating to the company. According to MarketBeat.com, Microsoft has a consensus rating of “Moderate Buy” and a consensus target price of $510.30.

Institutional Investors Weigh In On Microsoft

Large investors have recently added to or reduced their stakes in the stock. Ball & Co Wealth Management Inc. purchased a new position in shares of Microsoft during the 4th quarter worth $31,000. Newton One Investments LLC boosted its stake in shares of Microsoft by 66.7% during the 1st quarter. Newton One Investments LLC now owns 75 shares of the software giant’s stock worth $28,000 after acquiring an additional 30 shares during the last quarter. Fiduciary Advisors Inc. purchased a new position in shares of Microsoft during the 4th quarter worth $38,000. IFS Advisors LLC boosted its stake in shares of Microsoft by 53.8% during the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after acquiring an additional 35 shares during the last quarter. Finally, LSV Asset Management purchased a new position in shares of Microsoft during the 4th quarter worth $44,000. Institutional investors own 71.13% of the company’s stock.

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.