Security National Bank of Sioux City Iowa IA grew its position in shares of Microsoft Corporation (NASDAQ:MSFT – Free Report) by 35.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 22,364 shares of the software giant’s stock after acquiring an additional 5,905 shares during the quarter. Microsoft comprises approximately 3.4% of Security National Bank of Sioux City Iowa IA’s holdings, making the stock its 5th largest holding. Security National Bank of Sioux City Iowa IA’s holdings in Microsoft were worth $8,342,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of MSFT. Bank of America Corp DE bought a new position in Microsoft during the second quarter valued at $27,338,370,000. Legal & General Group Plc bought a new stake in shares of Microsoft in the 2nd quarter worth about $18,306,443,000. Jupiter Topco LLC bought a new stake in shares of Microsoft in the 2nd quarter worth about $6,928,664,000. Canada Pension Plan Investment Board purchased a new stake in shares of Microsoft during the 2nd quarter valued at about $5,653,812,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of Microsoft during the 2nd quarter valued at about $4,000,706,000. 71.13% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, EVP Amy Hood sold 7,305 shares of the firm’s stock in a transaction that occurred on Tuesday, October 13th. The stock was sold at an average price of $545.42, for a total transaction of $3,984,293.10. Following the completion of the sale, the executive vice president directly owned 555,396 shares of the company’s stock, valued at approximately $302,924,086.32. This trade represents a 1.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Satya Nadella sold 86,525 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $501.46, for a total value of $43,388,826.50. Following the transaction, the chief executive officer owned 486,763 shares of the company’s stock, valued at approximately $244,092,173.98. The trade was a 15.09% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 135,504 shares of company stock valued at $68,138,024 over the last three months. 0.03% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
A number of research analysts recently commented on MSFT shares. Citigroup reaffirmed a “market outperform” rating on shares of Microsoft in a report on Thursday, October 29th. DA Davidson boosted their price objective on Microsoft from $550.00 to $650.00 and gave the stock a “buy” rating in a research note on Thursday, October 29th. Guggenheim upped their price objective on Microsoft from $586.00 to $595.00 and gave the company a “buy” rating in a research report on Thursday, October 29th. Sanford C. Bernstein raised their price objective on Microsoft from $662.00 to $722.00 and gave the company an “outperform” rating in a research note on Thursday, October 29th. Finally, Yorkville Ives began coverage on Microsoft in a report on Monday, October 5th. They issued an “outperform” rating and a $615.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, forty-five have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $609.54.
Read Our Latest Research Report on Microsoft
Key Stories Impacting Microsoft
Here are the key news stories impacting Microsoft this week:
- Positive Sentiment: Cloud and AI results supported the rally. Microsoft’s fiscal first-quarter revenue rose 19% year over year to $92.28 billion, beating estimates, while Azure growth accelerated and AI adoption continued to expand. Reports also highlighted a $677 billion commercial backlog as evidence of future demand. Article: MSFT Q1 Earnings Call Highlights Azure Growth and AI Spending
- Positive Sentiment: Broader market strength lifted mega-cap technology shares. Microsoft joined a post-election rebound as investors rotated back into AI leaders; the company also reached a record high during the session. Article: Microsoft Stock Hits Record High as Midterm Results Boost AI Infrastructure Bets
- Positive Sentiment: New analytics tools target AI-assisted shopping. Microsoft added features to Clarity that help merchants track how AI agents interact with websites and apps, extending the company’s offerings for businesses adopting agentic AI. Article: Microsoft Clarity Helps Merchants Welcome AI Shopping Agents
- Neutral Sentiment: Microsoft disclosed a $25 billion senior-notes offering. The debt issuance provides financing flexibility, but also adds borrowing and interest obligations. Article: Microsoft Announces $25 Billion Senior Notes Offering
- Negative Sentiment: AI investment remains a key risk. Analysts and commentary flagged substantial infrastructure spending, possible pressure on free cash flow and margins, and political calls for tighter data-center rules that could constrain future expansion. Article: Microsoft: Don’t Get Too Excited About Its Positive FCF
Microsoft Stock Performance
Microsoft stock opened at $555.80 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.22 and a quick ratio of 1.21. Microsoft Corporation has a 1-year low of $349.20 and a 1-year high of $559.15. The firm has a market capitalization of $4.13 trillion, a P/E ratio of 29.01, a price-to-earnings-growth ratio of 1.54 and a beta of 1.05. The company’s 50-day moving average is $515.34 and its 200 day moving average is $439.42.
Microsoft (NASDAQ:MSFT – Get Free Report) last announced its earnings results on Wednesday, October 28th. The software giant reported $4.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.72 by $0.17. Microsoft had a return on equity of 31.28% and a net margin of 41.17%. The business had revenue of $92.28 billion during the quarter, compared to analyst estimates of $90.62 billion. During the same quarter in the previous year, the business earned $4.13 earnings per share. The company’s revenue for the quarter was up 18.8% compared to the same quarter last year. Research analysts forecast that Microsoft Corporation will post 19.86 EPS for the current year.
Microsoft Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be issued a $0.98 dividend. The ex-dividend date is Thursday, November 19th. This is a positive change from Microsoft’s previous quarterly dividend of $0.91. This represents a $3.92 annualized dividend and a dividend yield of 0.7%. Microsoft’s dividend payout ratio (DPR) is currently 19.00%.
About Microsoft
Microsoft Corporation (NASDAQ:MSFT) is a global technology company that develops software, cloud services, devices and digital platforms. Its products and services are used by consumers, businesses, governments and educational institutions worldwide.
The company’s principal offerings include the Windows operating system; Microsoft 365 productivity applications such as Word, Excel, Teams and Outlook; Azure cloud computing and infrastructure services; Dynamics business applications; and enterprise security solutions.
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