2 weeks Ago By ABMN Staff
Optas LLC raised its stake in Microsoft Co. ( NASDAQ:MSFT – Free Report ) by 4.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
The fund owned 27,493 shares of the software giant’s stock after purchasing an additional 1,085 shares during the period. Microsoft accounts for approximately 3.2% of Optas LLC’s investment portfolio, making the stock its 10th largest holding.
Optas LLC’s holdings in Microsoft were worth $12,288,000 at the end of the most recent reporting period. Other large investors have also recently modified their holdings of the company. Bayesian Capital Management LP raised its position in Microsoft by 60.
1% during the 4th quarter. Bayesian Capital Management LP now owns 48,500 shares of the software giant’s stock worth $18,238,000 after buying an additional 18,200 shares during the last quarter. Warren Street Wealth Advisors LLC raised its holdings in shares of Microsoft by 16.
5% during the fourth quarter. Warren Street Wealth Advisors LLC now owns 6,767 shares of the software giant’s stock worth $2,545,000 after purchasing an additional 956 shares during the last quarter. Czech National Bank lifted its position in Microsoft by 0.
4% during the first quarter. Czech National Bank now owns 1,307,487 shares of the software giant’s stock valued at $550,086,000 after purchasing an additional 5,253 shares during the period. True Link Financial Advisors LLC boosted its holdings in Microsoft by 296.
7% in the first quarter. True Link Financial Advisors LLC now owns 3,027 shares of the software giant’s stock valued at $1,274,000 after purchasing an additional 2,264 shares during the last quarter. Finally, United Advisor Group LLC purchased a new position in shares of Microsoft during the 4th quarter valued at about $9,538,000.
Institutional investors own 71.13% of the company’s stock. Insiders Place Their Bets In other Microsoft news, CEO Satya Nadella sold 78,353 shares of the business’s stock in a transaction on Wednesday, September 4th.
The shares were sold at an average price of $408.63, for a total value of $32,017,386.39.
Following the transaction, the chief executive officer now directly owns 864,327 shares of the company’s stock, valued at approximately $353,189,942.01. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link .
In other news, CEO Satya Nadella sold 78,353 shares of the firm’s stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $408.63, for a total value of $32,017,386.
39. Following the completion of the sale, the chief executive officer now directly owns 864,327 shares of the company’s stock, valued at approximately $353,189,942.01.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link . Also, insider Bradford L. Smith sold 40,000 shares of the company’s stock in a transaction on Monday, September 9th.
The stock was sold at an average price of $402.59, for a total transaction of $16,103,600.00.
Following the transaction, the insider now directly owns 544,847 shares in the company, valued at $219,349,953.73. The disclosure for this sale can be found here .
In the last ninety days, insiders sold 190,629 shares of company stock valued at $77,916,485. 0.03% of the stock is owned by company insiders.
Analyst Ratings Changes View Our Latest Research Report on MSFT Microsoft Price Performance Shares of MSFT opened at $428.02 on Monday. Microsoft Co.
has a twelve month low of $309.45 and a twelve month high of $468.35.
The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.
16. The firm has a market capitalization of $3.18 trillion, a price-to-earnings ratio of 37.
06, a PEG ratio of 2.30 and a beta of 0.90.
The firm’s fifty day simple moving average is $419.51 and its 200-day simple moving average is $425.06.
Microsoft ( NASDAQ:MSFT – Get Free Report ) last announced its quarterly earnings results on Tuesday, July 30th. The software giant reported $2.95 earnings per share for the quarter, beating analysts’ consensus estimates of $2.
90 by $0.05. Microsoft had a net margin of 35.
96% and a return on equity of 35.95%. The firm had revenue of $64.
73 billion during the quarter, compared to analysts’ expectations of $64.38 billion. During the same period in the previous year, the company earned $2.
69 earnings per share. Microsoft’s quarterly revenue was up 15.2% compared to the same quarter last year.
Equities analysts forecast that Microsoft Co. will post 13.04 EPS for the current fiscal year.
Microsoft announced that its board has approved a share repurchase program on Monday, September 16th that authorizes the company to buyback $60.00 billion in shares. This buyback authorization authorizes the software giant to buy up to 1.
9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its stock is undervalued. Microsoft Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th.
Shareholders of record on Thursday, November 21st will be paid a dividend of $0.83 per share. The ex-dividend date is Thursday, November 21st.
This is an increase from Microsoft’s previous quarterly dividend of $0.75. This represents a $3.
32 annualized dividend and a yield of 0.78%. Microsoft’s dividend payout ratio is currently 28.
74%. About Microsoft ( Free Report ) 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.
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