Microsoft Corporation (MSFT) is Insight Capital Research & Management Inc.’s 3rd Largest Position

Insight Capital Research & Management Inc. lifted its stake in Microsoft Corporation (NASDAQ:MSFT) by 9.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 58,283 shares of the software giant’s stock after purchasing an additional 4,823 shares during the period. Microsoft Corporation accounts for about 2.4% of Insight Capital Research & Management Inc.’s investment portfolio, making the stock its 3rd biggest holding. Insight Capital Research & Management Inc.’s holdings in Microsoft Corporation were worth $4,017,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Tompkins Financial Corp lifted its position in Microsoft Corporation by 21.1% during the 1st quarter. Tompkins Financial Corp now owns 104,748 shares of the software giant’s stock valued at $5,784,000 after acquiring an additional 18,225 shares during the period. State of Wisconsin Investment Board lifted its position in Microsoft Corporation by 7.3% during the 1st quarter. State of Wisconsin Investment Board now owns 7,827,220 shares of the software giant’s stock valued at $515,501,000 after acquiring an additional 530,893 shares during the period. Wealthfront Inc. lifted its position in Microsoft Corporation by 15.8% during the 4th quarter. Wealthfront Inc. now owns 230,160 shares of the software giant’s stock valued at $14,302,000 after acquiring an additional 31,364 shares during the period. Cribstone Capital Management LLC lifted its position in Microsoft Corporation by 33.5% during the 1st quarter. Cribstone Capital Management LLC now owns 38,889 shares of the software giant’s stock valued at $2,554,000 after acquiring an additional 9,768 shares during the period. Finally, HPM Partners LLC lifted its position in Microsoft Corporation by 293.5% during the 1st quarter. HPM Partners LLC now owns 161,065 shares of the software giant’s stock valued at $10,608,000 after acquiring an additional 120,135 shares during the period. 73.40% of the stock is owned by hedge funds and other institutional investors.

Microsoft Corporation (NASDAQ MSFT) traded down 0.46% on Wednesday, hitting $75.09. 8,419,252 shares of the stock were exchanged. The stock’s 50 day moving average price is $73.41 and its 200 day moving average price is $69.80. The firm has a market cap of $578.36 billion, a PE ratio of 27.71 and a beta of 1.00. Microsoft Corporation has a 52-week low of $56.32 and a 52-week high of $75.97.

Microsoft Corporation (NASDAQ:MSFT) last issued its quarterly earnings data on Thursday, July 20th. The software giant reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.27. The firm had revenue of $24.70 billion during the quarter, compared to the consensus estimate of $24.29 billion. Microsoft Corporation had a return on equity of 36.81% and a net margin of 23.57%. The company’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period last year, the company earned $0.69 EPS. Equities research analysts forecast that Microsoft Corporation will post $3.14 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 16th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.23%. This is an increase from Microsoft Corporation’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Wednesday, November 15th. Microsoft Corporation’s dividend payout ratio (DPR) is presently 57.78%.

In related news, insider G Mason Morfit sold 7,000,000 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $72.56, for a total transaction of $507,920,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jean Philippe Courtois sold 26,763 shares of the firm’s stock in a transaction dated Tuesday, July 25th. The stock was sold at an average price of $74.00, for a total value of $1,980,462.00. Following the sale, the insider now directly owns 544,080 shares of the company’s stock, valued at $40,261,920. The disclosure for this sale can be found here. Insiders have sold a total of 7,108,526 shares of company stock valued at $515,879,974 over the last three months. Corporate insiders own 2.99% of the company’s stock.

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MSFT has been the subject of a number of recent research reports. Sanford C. Bernstein set a $87.00 price target on shares of Microsoft Corporation and gave the company a “buy” rating in a research report on Friday, July 21st. Canaccord Genuity reissued a “hold” rating and set a $76.00 price target on shares of Microsoft Corporation in a research report on Friday, September 15th. Evercore ISI reissued a “buy” rating and set a $80.00 price target on shares of Microsoft Corporation in a research report on Friday, August 18th. Morningstar, Inc. reissued a “buy” rating on shares of Microsoft Corporation in a research report on Wednesday, June 28th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $77.00 price target on shares of Microsoft Corporation in a research report on Monday, May 29th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and thirty have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $76.72.

Microsoft Corporation Profile

Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers.

Institutional Ownership by Quarter for Microsoft Corporation (NASDAQ:MSFT)

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