Tarbox Family Office Inc. held its position in Microsoft Corporation (NASDAQ:MSFT) during the second quarter, Holdings Channel reports. The firm owned 5,081 shares of the software giant’s stock at the end of the second quarter. Tarbox Family Office Inc.’s holdings in Microsoft Corporation were worth $350,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Lyell Wealth Management LP purchased a new position in Microsoft Corporation during the fourth quarter worth $2,692,000. Simonbaker & Partners LLC raised its position in Microsoft Corporation by 93.2% in the fourth quarter. Simonbaker & Partners LLC now owns 11,113 shares of the software giant’s stock worth $718,000 after buying an additional 5,360 shares during the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its position in Microsoft Corporation by 6,182.3% in the fourth quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 268,443 shares of the software giant’s stock worth $268,000 after buying an additional 264,170 shares during the last quarter. ARK Investment Management LLC purchased a new position in Microsoft Corporation during the fourth quarter worth $402,000. Finally, Azimuth Capital Management LLC raised its position in Microsoft Corporation by 1.5% in the fourth quarter. Azimuth Capital Management LLC now owns 296,849 shares of the software giant’s stock worth $18,446,000 after buying an additional 4,485 shares during the last quarter. Institutional investors and hedge funds own 72.86% of the company’s stock.

Shares of Microsoft Corporation (NASDAQ:MSFT) traded up 1.53% on Friday, reaching $72.50. 21,443,675 shares of the company’s stock traded hands. Microsoft Corporation has a 52 week low of $55.61 and a 52 week high of $74.42. The firm has a market capitalization of $558.41 billion, a P/E ratio of 26.75 and a beta of 1.01. The firm’s 50 day moving average is $71.70 and its 200 day moving average is $67.95.

Microsoft Corporation (NASDAQ:MSFT) last released its earnings results on Thursday, July 20th. The software giant reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.27. The company 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%. Microsoft Corporation’s revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.69 EPS. Analysts expect that Microsoft Corporation will post $3.22 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Thursday, August 17th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend is Tuesday, August 15th. Microsoft Corporation’s dividend payout ratio is currently 57.78%.

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A number of equities analysts have weighed in on MSFT shares. Piper Jaffray Companies reiterated an “overweight” rating and issued a $80.00 price target on shares of Microsoft Corporation in a research report on Wednesday, April 19th. Pacific Crest reiterated a “buy” rating and issued a $70.00 price target on shares of Microsoft Corporation in a research report on Thursday, April 20th. Morgan Stanley reiterated a “buy” rating and issued a $72.00 price target on shares of Microsoft Corporation in a research report on Thursday, April 20th. Vetr lowered shares of Microsoft Corporation from a “buy” rating to a “hold” rating and set a $69.32 price target for the company. in a research report on Monday, April 24th. Finally, MKM Partners reiterated a “neutral” rating and issued a $60.00 price target on shares of Microsoft Corporation in a research report on Tuesday, April 25th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $76.15.

In other Microsoft Corporation news, EVP Christopher C. Capossela sold 4,927 shares of Microsoft Corporation stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $68.75, for a total value of $338,731.25. Following the completion of the transaction, the executive vice president now directly owns 214,080 shares of the company’s stock, valued at approximately $14,718,000. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Jean Philippe Courtois sold 26,763 shares of Microsoft Corporation stock in a transaction dated Tuesday, July 25th. The shares were sold at an average price of $74.00, for a total value of $1,980,462.00. Following the completion of the transaction, 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. Over the last ninety days, insiders sold 7,060,855 shares of company stock valued at $512,251,908. 2.99% of the stock is currently owned by corporate insiders.

Microsoft Corporation Company 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.

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

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