Triton Wealth Management PLLC Boosts Stock Holdings in Microsoft Co. (NASDAQ:MSFT)

Triton Wealth Management PLLC increased its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 0.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,864 shares of the software giant’s stock after purchasing an additional 28 shares during the quarter. Microsoft accounts for 1.4% of Triton Wealth Management PLLC’s holdings, making the stock its 11th largest holding. Triton Wealth Management PLLC’s holdings in Microsoft were worth $2,167,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of MSFT. Lodestone Wealth Management LLC lifted its position in Microsoft by 0.5% in the third quarter. Lodestone Wealth Management LLC now owns 14,103 shares of the software giant’s stock valued at $4,453,000 after acquiring an additional 68 shares during the last quarter. Caliber Wealth Management LLC lifted its holdings in shares of Microsoft by 3.7% in the 3rd quarter. Caliber Wealth Management LLC now owns 8,888 shares of the software giant’s stock valued at $2,806,000 after purchasing an additional 316 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of Microsoft by 25.3% in the 3rd quarter. Arkadios Wealth Advisors now owns 67,307 shares of the software giant’s stock valued at $21,252,000 after purchasing an additional 13,586 shares during the last quarter. Advance Capital Management Inc. boosted its position in shares of Microsoft by 5.9% in the 3rd quarter. Advance Capital Management Inc. now owns 9,958 shares of the software giant’s stock valued at $3,144,000 after purchasing an additional 556 shares during the period. Finally, Global Retirement Partners LLC grew its stake in Microsoft by 1.8% during the 3rd quarter. Global Retirement Partners LLC now owns 108,149 shares of the software giant’s stock worth $34,495,000 after buying an additional 1,886 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Insider Activity at Microsoft

In other Microsoft news, major shareholder Corp Microsoft sold 1,000,000 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $1.95, for a total transaction of $1,950,000.00. Following the sale, the insider now directly owns 11,677,398 shares of the company’s stock, valued at approximately $22,770,926.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Kathleen T. Hogan sold 21,955 shares of Microsoft stock in a transaction on Monday, March 11th. The stock was sold at an average price of $403.96, for a total value of $8,868,941.80. Following the completion of the sale, the executive vice president now owns 159,764 shares of the company’s stock, valued at $64,538,265.44. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Corp Microsoft sold 1,000,000 shares of the stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $1.95, for a total value of $1,950,000.00. Following the transaction, the insider now owns 11,677,398 shares in the company, valued at $22,770,926.10. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,070,258 shares of company stock valued at $30,690,456. 0.03% of the stock is owned by insiders.

Microsoft Stock Performance

NASDAQ:MSFT opened at $402.25 on Tuesday. Microsoft Co. has a twelve month low of $303.40 and a twelve month high of $430.82. The company has a market capitalization of $2.99 trillion, a P/E ratio of 34.83, a price-to-earnings-growth ratio of 2.18 and a beta of 0.89. The company has a current ratio of 1.24, a quick ratio of 1.23 and a debt-to-equity ratio of 0.17. The firm has a 50-day moving average price of $414.45 and a two-hundred day moving average price of $389.01.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings data on Thursday, April 25th. The software giant reported $2.94 earnings per share for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. The business had revenue of $61.86 billion during the quarter, compared to analysts’ expectations of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The company’s revenue was up 17.0% on a year-over-year basis. During the same period last year, the company posted $2.45 EPS. As a group, research analysts expect that Microsoft Co. will post 11.71 earnings per share for the current fiscal year.

Microsoft Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Thursday, May 16th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Wednesday, May 15th. Microsoft’s dividend payout ratio is presently 25.97%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MSFT. Evercore ISI increased their price objective on Microsoft from $475.00 to $485.00 and gave the company an “outperform” rating in a report on Friday. BMO Capital Markets increased their price target on shares of Microsoft from $455.00 to $465.00 and gave the stock an “outperform” rating in a research note on Friday, April 12th. Royal Bank of Canada lifted their price objective on shares of Microsoft from $415.00 to $450.00 and gave the company an “outperform” rating in a research note on Wednesday, January 31st. Truist Financial reissued a “buy” rating and set a $600.00 price target on shares of Microsoft in a report on Monday, March 25th. Finally, The Goldman Sachs Group upped their price objective on Microsoft from $450.00 to $515.00 and gave the company a “buy” rating in a research note on Friday. Three equities research analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the company. According to data from MarketBeat, Microsoft currently has a consensus rating of “Moderate Buy” and a consensus target price of $452.61.

Microsoft 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.