CVA Family Office LLC Buys 442 Shares of Microsoft Co. (NASDAQ:MSFT)

CVA Family Office LLC lifted its stake in Microsoft Co. (NASDAQ:MSFT) by 2.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,613 shares of the software giant’s stock after acquiring an additional 442 shares during the period. Microsoft accounts for about 1.8% of CVA Family Office LLC’s investment portfolio, making the stock its 11th largest position. CVA Family Office LLC’s holdings in Microsoft were worth $10,107,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in MSFT. Vanguard Group Inc. boosted its holdings in shares of Microsoft by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 667,987,038 shares of the software giant’s stock worth $281,035,506,000 after buying an additional 3,078,099 shares during the period. Norges Bank acquired a new position in Microsoft during the 4th quarter worth $35,920,047,000. Capital International Investors lifted its position in Microsoft by 1.0% during the 1st quarter. Capital International Investors now owns 83,571,070 shares of the software giant’s stock worth $35,160,020,000 after acquiring an additional 842,884 shares during the last quarter. Jennison Associates LLC boosted its holdings in Microsoft by 1.1% during the fourth quarter. Jennison Associates LLC now owns 25,505,600 shares of the software giant’s stock valued at $9,591,126,000 after acquiring an additional 277,881 shares during the period. Finally, Fisher Asset Management LLC increased its stake in shares of Microsoft by 1.6% in the fourth quarter. Fisher Asset Management LLC now owns 25,381,692 shares of the software giant’s stock worth $9,544,532,000 after purchasing an additional 403,409 shares during the period. Institutional investors own 71.13% of the company’s stock.

Insider Activity at Microsoft

In other Microsoft news, CEO Satya Nadella sold 14,398 shares of the business’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $417.41, for a total transaction of $6,009,869.18. Following the sale, the chief executive officer now owns 786,933 shares of the company’s stock, valued at $328,473,703.53. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CMO Takeshi Numoto sold 244 shares of Microsoft stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $415.53, for a total transaction of $101,389.32. Following the sale, the chief marketing officer now directly owns 47,011 shares in the company, valued at approximately $19,534,480.83. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Satya Nadella sold 14,398 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $417.41, for a total transaction of $6,009,869.18. Following the completion of the transaction, the chief executive officer now owns 786,933 shares of the company’s stock, valued at $328,473,703.53. The disclosure for this sale can be found here. Insiders sold a total of 14,964 shares of company stock valued at $6,245,404 in the last quarter. Insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

MSFT has been the subject of several recent analyst reports. BMO Capital Markets increased their target price on Microsoft from $465.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, July 12th. UBS Group reduced their price objective on Microsoft from $520.00 to $510.00 and set a “buy” rating for the company in a research report on Wednesday, July 31st. New Street Research started coverage on shares of Microsoft in a research report on Monday, June 10th. They set a “buy” rating and a $570.00 target price on the stock. Argus increased their price target on shares of Microsoft from $475.00 to $526.00 and gave the company a “buy” rating in a report on Tuesday, July 9th. Finally, Truist Financial restated a “buy” rating and set a $600.00 price objective on shares of Microsoft in a report on Monday, June 17th. Two research analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the stock. Based on data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and an average target price of $494.72.

Microsoft Trading Down 0.8 %

Shares of MSFT stock opened at $410.60 on Thursday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.23 and a current ratio of 1.27. Microsoft Co. has a fifty-two week low of $309.45 and a fifty-two week high of $468.35. The company has a market cap of $3.05 trillion, a PE ratio of 35.55, a P/E/G ratio of 2.11 and a beta of 0.90. The stock’s fifty day moving average price is $433.71 and its two-hundred day moving average price is $422.83.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Tuesday, July 30th. The software giant reported $2.95 earnings per share for the quarter, beating the consensus estimate of $2.90 by $0.05. The business had revenue of $64.73 billion for the quarter, compared to analyst estimates of $64.38 billion. Microsoft had a return on equity of 35.95% and a net margin of 35.96%. Microsoft’s revenue was up 15.2% compared to the same quarter last year. During the same period last year, the firm posted $2.69 earnings per share. Equities analysts predict that Microsoft Co. will post 13.04 EPS for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 15th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend is Thursday, August 15th. Microsoft’s dividend payout ratio is 25.97%.

About Microsoft

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.