Microsoft Co. (MSFT) is Merriman Wealth Management LLC’s Largest Position

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Merriman Wealth Management LLC decreased its holdings in Microsoft Co. (NASDAQ:MSFT) by 14.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 551,796 shares of the software giant’s stock after selling 93,661 shares during the quarter. Microsoft comprises about 12.4% of Merriman Wealth Management LLC’s portfolio, making the stock its biggest position. Merriman Wealth Management LLC’s holdings in Microsoft were worth $54,413,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of MSFT. WP Advisors LLC acquired a new stake in shares of Microsoft in the 2nd quarter worth $131,000. Live Your Vision LLC boosted its position in shares of Microsoft by 58.7% in the 2nd quarter. Live Your Vision LLC now owns 1,376 shares of the software giant’s stock worth $140,000 after purchasing an additional 509 shares in the last quarter. CX Institutional acquired a new stake in shares of Microsoft in the 2nd quarter worth $145,000. Lara May & Associates LLC acquired a new stake in shares of Microsoft in the 1st quarter worth $199,000. Finally, Creative Financial Designs Inc. ADV boosted its position in shares of Microsoft by 58.4% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 2,017 shares of the software giant’s stock worth $199,000 after purchasing an additional 744 shares in the last quarter. 71.90% of the stock is owned by hedge funds and other institutional investors.

In other news, CMO Christopher C. Capossela sold 10,000 shares of the firm’s stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $111.77, for a total transaction of $1,117,700.00. Following the sale, the chief marketing officer now directly owns 177,931 shares in the company, valued at approximately $19,887,347.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Christopher C. Capossela sold 4,000 shares of the firm’s stock in a transaction dated Thursday, December 6th. The shares were sold at an average price of $108.00, for a total value of $432,000.00. Following the sale, the executive vice president now owns 173,931 shares in the company, valued at $18,784,548. The disclosure for this sale can be found here. Insiders have sold a total of 299,255 shares of company stock worth $32,229,279 over the last 90 days. Insiders own 1.49% of the company’s stock.

NASDAQ MSFT opened at $104.82 on Friday. The stock has a market cap of $840.74 billion, a price-to-earnings ratio of 26.12, a P/E/G ratio of 1.98 and a beta of 1.25. Microsoft Co. has a fifty-two week low of $83.33 and a fifty-two week high of $116.18. The company has a quick ratio of 2.85, a current ratio of 2.92 and a debt-to-equity ratio of 0.88.

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

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 14th. Shareholders of record on Thursday, February 21st will be paid a dividend of $0.46 per share. The ex-dividend date of this dividend is Wednesday, February 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.76%. Microsoft’s payout ratio is currently 47.42%.

MSFT has been the subject of a number of recent analyst reports. Morgan Stanley reissued a “buy” rating and issued a $130.00 price objective on shares of Microsoft in a research report on Tuesday, August 28th. Credit Suisse Group set a $125.00 target price on Microsoft and gave the stock a “buy” rating in a research note on Monday, August 27th. Oppenheimer restated a “buy” rating and issued a $120.00 target price on shares of Microsoft in a research note on Monday, August 20th. Goldman Sachs Group restated a “buy” rating and issued a $123.00 target price on shares of Microsoft in a research note on Monday, August 20th. Finally, Barclays restated a “buy” rating and issued a $117.00 target price on shares of Microsoft in a research note on Friday, August 10th. One research analyst has rated the stock with a sell rating, two have given a hold rating, thirty-three have given a buy rating and two have issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price 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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