Microsoft Co. (MSFT) Shares Bought by Hudock Capital Group LLC

Hudock Capital Group LLC grew its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 6.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,244 shares of the software giant’s stock after purchasing an additional 625 shares during the quarter. Hudock Capital Group LLC’s holdings in Microsoft were worth $1,010,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Osterweis Capital Management Inc. raised its holdings in Microsoft by 40.2% during the first quarter. Osterweis Capital Management Inc. now owns 427,300 shares of the software giant’s stock worth $39,000,000 after purchasing an additional 122,615 shares in the last quarter. Skye Global Management LP grew its position in shares of Microsoft by 174.8% during the first quarter. Skye Global Management LP now owns 1,998,900 shares of the software giant’s stock worth $182,440,000 after acquiring an additional 1,271,400 shares during the last quarter. Middleton & Co Inc MA grew its position in shares of Microsoft by 1.5% during the second quarter. Middleton & Co Inc MA now owns 55,349 shares of the software giant’s stock worth $5,457,000 after acquiring an additional 838 shares during the last quarter. FCG Advisors LLC grew its position in shares of Microsoft by 19.6% during the first quarter. FCG Advisors LLC now owns 25,098 shares of the software giant’s stock worth $2,291,000 after acquiring an additional 4,111 shares during the last quarter. Finally, Summit Trail Advisors LLC grew its position in shares of Microsoft by 5,931.9% during the first quarter. Summit Trail Advisors LLC now owns 4,562,204 shares of the software giant’s stock worth $4,562,000 after acquiring an additional 4,486,569 shares during the last quarter. 72.12% of the stock is currently owned by institutional investors.

In related news, CEO Satya Nadella sold 203,418 shares of the business’s stock in a transaction dated Friday, October 26th. The shares were sold at an average price of $106.68, for a total value of $21,700,632.24. Following the completion of the transaction, the chief executive officer now owns 1,014,247 shares of the company’s stock, valued at approximately $108,199,869.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Amy Hood sold 118,000 shares of the business’s stock in a transaction dated Tuesday, September 4th. The shares were sold at an average price of $110.90, for a total transaction of $13,086,200.00. Following the completion of the transaction, the chief financial officer now directly owns 669,327 shares of the company’s stock, valued at approximately $74,228,364.30. The disclosure for this sale can be found here. Insiders sold a total of 479,080 shares of company stock valued at $52,100,893 in the last three months. 1.38% of the stock is currently owned by corporate insiders.

Shares of MSFT stock opened at $103.07 on Monday. Microsoft Co. has a twelve month low of $80.70 and a twelve month high of $116.18. The stock has a market capitalization of $793.62 billion, a P/E ratio of 26.56, a PEG ratio of 1.86 and a beta of 1.26. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.92 and a quick ratio of 2.85.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Wednesday, October 24th. The software giant reported $1.14 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.18. Microsoft had a net margin of 16.38% and a return on equity of 39.86%. The firm had revenue of $29.08 billion during the quarter, compared to the consensus estimate of $27.92 billion. During the same quarter in the previous year, the company posted $0.84 EPS. The firm’s revenue for the quarter was up 18.5% on a year-over-year basis. On average, analysts expect that Microsoft Co. will post 4.43 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 13th. Investors of record on Thursday, November 15th will be paid a $0.46 dividend. This is an increase from Microsoft’s previous quarterly dividend of $0.42. The ex-dividend date is Wednesday, November 14th. This represents a $1.84 annualized dividend and a yield of 1.79%. Microsoft’s payout ratio is presently 47.42%.

MSFT has been the topic of a number of research reports. Credit Suisse Group set a $125.00 target price on shares of Microsoft and gave the stock a “buy” rating in a research report on Wednesday, September 19th. Oppenheimer set a $127.00 price objective on shares of Microsoft and gave the company a “buy” rating in a research report on Monday, November 19th. DZ Bank reiterated a “buy” rating on shares of Microsoft in a research report on Thursday, October 18th. Macquarie reiterated a “buy” rating and issued a $125.00 price objective on shares of Microsoft in a research report on Thursday, October 25th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $120.00 price objective on shares of Microsoft in a research report on Thursday, October 25th. One analyst has rated the stock with a sell rating, two have given a hold rating, thirty-three have assigned a buy rating and two have given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $121.88.

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Microsoft Profile

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

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