Mirabaud Asset Management Ltd Has $21.99 Million Stock Position in Microsoft Corporation $MSFT

Mirabaud Asset Management Ltd raised its stake in shares of Microsoft Corporation (NASDAQ:MSFT) by 2.7% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 44,337 shares of the software giant’s stock after acquiring an additional 1,160 shares during the period. Microsoft makes up approximately 10.2% of Mirabaud Asset Management Ltd’s holdings, making the stock its biggest position. Mirabaud Asset Management Ltd’s holdings in Microsoft were worth $21,988,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Bulwark Capital Corp bought a new position in shares of Microsoft during the 2nd quarter valued at $32,000. Westend Capital Management LLC increased its position in Microsoft by 386.7% during the second quarter. Westend Capital Management LLC now owns 73 shares of the software giant’s stock valued at $36,000 after acquiring an additional 58 shares during the last quarter. LSV Asset Management bought a new position in Microsoft in the fourth quarter valued at about $44,000. PayPay Securities Corp boosted its position in Microsoft by 29.9% in the second quarter. PayPay Securities Corp now owns 126 shares of the software giant’s stock worth $63,000 after purchasing an additional 29 shares during the last quarter. Finally, Legend Financial Advisors Inc. bought a new stake in shares of Microsoft during the 2nd quarter valued at about $69,000. 71.13% of the stock is currently owned by institutional investors.

Insider Activity at Microsoft

In other news, insider Bradford L. Smith sold 38,500 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $518.64, for a total value of $19,967,640.00. Following the transaction, the insider owned 461,597 shares of the company’s stock, valued at approximately $239,402,668.08. The trade was a 7.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Judson Althoff sold 12,750 shares of the company’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $491.52, for a total transaction of $6,266,880.00. Following the transaction, the chief executive officer owned 129,349 shares of the company’s stock, valued at approximately $63,577,620.48. This represents a 8.97% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on MSFT. Robert W. Baird started coverage on shares of Microsoft in a research note on Friday, November 14th. They issued an “outperform” rating and a $600.00 price objective on the stock. Cowen reiterated a “buy” rating on shares of Microsoft in a research report on Friday, October 24th. Arete boosted their price objective on shares of Microsoft from $700.00 to $710.00 and gave the company a “buy” rating in a research report on Wednesday, October 1st. Sanford C. Bernstein raised their target price on Microsoft from $637.00 to $645.00 and gave the stock an “outperform” rating in a report on Thursday, October 30th. Finally, BNP Paribas Exane lifted their target price on Microsoft from $630.00 to $632.00 and gave the company an “outperform” rating in a research report on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $634.33.

Microsoft Trading Up 0.7%

Shares of Microsoft stock opened at $480.84 on Friday. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $555.45. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.39 and a current ratio of 1.40. The company has a market capitalization of $3.57 trillion, a P/E ratio of 34.20, a P/E/G ratio of 1.79 and a beta of 1.07. The company has a fifty day moving average of $507.85 and a 200 day moving average of $500.78.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, October 29th. The software giant reported $4.13 EPS for the quarter, beating the consensus estimate of $3.65 by $0.48. Microsoft had a return on equity of 32.45% and a net margin of 35.71%.The business had revenue of $77.67 billion for the quarter, compared to the consensus estimate of $75.49 billion. During the same period in the previous year, the business earned $3.30 earnings per share. The business’s revenue was up 18.4% on a year-over-year basis. On average, sell-side analysts anticipate 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. Shareholders of record on Thursday, February 19th will be issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, February 19th. Microsoft’s dividend payout ratio (DPR) is 25.89%.

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.