Tactive Advisors LLC Takes $3.64 Million Position in Microsoft Corporation $MSFT

Tactive Advisors LLC purchased a new stake in Microsoft Corporation (NASDAQ:MSFT) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 7,308 shares of the software giant’s stock, valued at approximately $3,635,000. Microsoft comprises about 1.2% of Tactive Advisors LLC’s investment portfolio, making the stock its 21st biggest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sound View Wealth Advisors Group LLC grew its position in Microsoft by 2.6% in the 2nd quarter. Sound View Wealth Advisors Group LLC now owns 94,120 shares of the software giant’s stock valued at $46,816,000 after buying an additional 2,373 shares during the last quarter. Real Talk Capital LLC lifted its stake in shares of Microsoft by 1.6% in the 1st quarter. Real Talk Capital LLC now owns 2,290 shares of the software giant’s stock worth $860,000 after acquiring an additional 37 shares during the period. Bank Pictet & Cie Europe AG boosted its holdings in shares of Microsoft by 3.8% in the second quarter. Bank Pictet & Cie Europe AG now owns 922,524 shares of the software giant’s stock valued at $457,119,000 after acquiring an additional 33,382 shares in the last quarter. Modern Wealth Management LLC increased its stake in shares of Microsoft by 39.3% during the first quarter. Modern Wealth Management LLC now owns 144,852 shares of the software giant’s stock worth $54,376,000 after acquiring an additional 40,860 shares during the period. Finally, Well Done LLC raised its holdings in Microsoft by 8.9% during the second quarter. Well Done LLC now owns 9,911 shares of the software giant’s stock worth $4,930,000 after purchasing an additional 814 shares in the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on MSFT shares. DZ Bank reiterated a “buy” rating on shares of Microsoft in a research report on Thursday, October 30th. Mizuho lowered Microsoft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. HSBC raised their target price on Microsoft from $643.00 to $648.00 in a report on Monday, October 27th. Wall Street Zen raised shares of Microsoft from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. Finally, Stifel Nicolaus set a $640.00 price objective on shares of Microsoft in a research note on Thursday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Microsoft has an average rating of “Moderate Buy” and an average price target of $632.34.

Microsoft Trading Down 1.0%

NASDAQ:MSFT opened at $478.53 on Friday. Microsoft Corporation has a 52-week low of $344.79 and a 52-week high of $555.45. The company has a quick ratio of 1.39, a current ratio of 1.40 and a debt-to-equity ratio of 0.10. The stock has a fifty day simple moving average of $504.05 and a 200-day simple moving average of $502.34. The company has a market capitalization of $3.56 trillion, a PE ratio of 34.03, a price-to-earnings-growth ratio of 1.79 and a beta of 1.07.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Wednesday, October 29th. The software giant reported $4.13 EPS for the quarter, beating analysts’ consensus estimates of $3.65 by $0.48. The firm had revenue of $77.67 billion for the quarter, compared to analysts’ expectations of $75.49 billion. Microsoft had a net margin of 35.71% and a return on equity of 32.45%. The firm’s revenue was up 18.4% on a year-over-year basis. During the same period in the prior year, the company earned $3.30 EPS. On average, equities research analysts expect that Microsoft Corporation will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 19th will be given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, February 19th. Microsoft’s payout ratio is currently 25.89%.

Insider Activity at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 2,850 shares of the stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $478.72, for a total transaction of $1,364,352.00. Following the sale, the executive vice president owned 55,782 shares in the company, valued at approximately $26,703,959.04. This represents a 4.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Judson Althoff sold 12,750 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $491.52, for a total value of $6,266,880.00. Following the transaction, the chief executive officer directly owned 129,349 shares of the company’s stock, valued at $63,577,620.48. The trade was a 8.97% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 54,100 shares of company stock valued at $27,598,872. 0.03% of the stock is owned by corporate insiders.

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.