Microsoft (NASDAQ:MSFT) Stock Price Down 1.2%

Microsoft Co. (NASDAQ:MSFTGet Free Report)’s share price traded down 1.2% on Tuesday . The stock traded as low as $417.84 and last traded at $419.63. 4,821,895 shares were traded during mid-day trading, a decline of 79% from the average session volume of 22,536,111 shares. The stock had previously closed at $424.57.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. BMO Capital Markets lifted their target price on shares of Microsoft from $420.00 to $455.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 31st. Truist Financial reissued a “buy” rating and issued a $600.00 target price on shares of Microsoft in a research report on Monday, March 25th. Barclays boosted their price objective on shares of Microsoft from $421.00 to $475.00 and gave the company an “overweight” rating in a research report on Wednesday, January 31st. Wells Fargo & Company boosted their price objective on shares of Microsoft from $435.00 to $460.00 and gave the company an “overweight” rating in a research report on Wednesday, January 31st. Finally, BNP Paribas raised shares of Microsoft from a “neutral” rating to an “outperform” rating and set a $471.00 price objective on the stock in a research report on Thursday, January 18th. Four investment analysts have rated the stock with a hold rating and thirty-six have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $425.52.

Read Our Latest Stock Analysis on Microsoft

Microsoft Trading Down 0.2 %

The firm’s 50-day moving average is $412.63 and its 200-day moving average is $377.01. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.19. The firm has a market cap of $3.12 trillion, a price-to-earnings ratio of 38.02, a P/E/G ratio of 2.24 and a beta of 0.89.

Microsoft (NASDAQ:MSFTGet Free Report) last issued its quarterly earnings results on Tuesday, January 30th. The software giant reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.17. Microsoft had a net margin of 36.27% and a return on equity of 38.40%. The company had revenue of $62.02 billion for the quarter, compared to the consensus estimate of $61.14 billion. During the same period in the previous year, the firm earned $2.32 EPS. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Microsoft Co. will post 11.63 EPS for the current fiscal year.

Microsoft Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 16th will be given a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Wednesday, May 15th. Microsoft’s dividend payout ratio is presently 27.12%.

Insider Activity

In other Microsoft news, insider Bradford L. Smith sold 3,303 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $406.12, for a total value of $1,341,414.36. Following the completion of the sale, the insider now owns 570,826 shares of the company’s stock, valued at $231,823,855.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, insider Bradford L. Smith sold 3,303 shares of Microsoft stock in a transaction on Monday, February 5th. The shares were sold at an average price of $406.12, for a total value of $1,341,414.36. Following the sale, the insider now owns 570,826 shares in the company, valued at $231,823,855.12. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Kathleen T. Hogan sold 21,955 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $403.96, for a total value of $8,868,941.80. Following the transaction, the executive vice president now directly owns 159,764 shares of the company’s stock, valued at approximately $64,538,265.44. The disclosure for this sale can be found here. Insiders have sold a total of 1,070,258 shares of company stock worth $30,690,456 over the last ninety days. Company insiders own 0.03% of the company’s stock.

Institutional Trading of Microsoft

Hedge funds have recently modified their holdings of the company. Moneta Group Investment Advisors LLC grew its position in Microsoft by 112,158.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 150,187,424 shares of the software giant’s stock valued at $36,017,948,000 after acquiring an additional 150,053,637 shares during the last quarter. Norges Bank purchased a new position in shares of Microsoft in the fourth quarter worth about $35,920,047,000. International Assets Investment Management LLC purchased a new position in shares of Microsoft in the fourth quarter worth about $9,625,201,000. Aaron Wealth Advisors LLC raised its stake in shares of Microsoft by 35,465.9% in the first quarter. Aaron Wealth Advisors LLC now owns 20,611,140 shares of the software giant’s stock worth $66,852,000 after purchasing an additional 20,553,188 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Microsoft by 2.4% in the fourth quarter. Vanguard Group Inc. now owns 664,908,939 shares of the software giant’s stock worth $250,032,357,000 after purchasing an additional 15,701,937 shares during the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

About Microsoft

(Get 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.

Further Reading

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.