Microsoft Corporation $MSFT Shares Sold by Corundum Trust Company INC

Core Insights - Corundum Trust Company INC reduced its stake in Microsoft by 5.4%, owning 4,942 shares valued at $2,458,000, making it the 4th largest position in their portfolio [2] - Institutional investors and hedge funds own 71.13% of Microsoft stock, with several firms increasing their positions significantly [3] - CEO Satya Nadella sold 149,205 shares at an average price of $504.78, representing a 15.87% decrease in his holdings [4] - Microsoft reported Q1 earnings of $4.13 per share, exceeding estimates, with revenue of $77.67 billion, an 18.4% increase year-over-year [6] - Microsoft announced a quarterly dividend of $0.91 per share, up from $0.83, with a payout ratio of 25.89% [7] - Analysts have mixed ratings on Microsoft, with price targets ranging from $560.00 to $675.00, and a consensus rating of "Buy" [8] Investment Activity - Corundum Trust Company INC trimmed its Microsoft stake by selling 284 shares [2] - WFA Asset Management Corp increased its position by 27.0%, owning 1,016 shares valued at $427,000 [3] - Discipline Wealth Solutions LLC boosted its position by 410.4%, now holding 2,659 shares valued at $1,144,000 [3] Insider Transactions - CEO Satya Nadella sold 149,205 shares for approximately $75.32 million, reducing his holdings to 790,852 shares [4] - EVP Takeshi Numoto sold 4,850 shares for about $2.56 million, decreasing his position by 11.03% [4] Financial Performance - Microsoft has a market cap of $3.85 trillion, with a P/E ratio of 36.83 and a PEG ratio of 2.36 [5] - The stock has a 52-week range of $344.79 to $555.45, with a beta of 1.03 [5] Dividend Information - The upcoming dividend of $0.91 per share will be paid on December 11th, with an ex-dividend date of November 20th [7] Analyst Ratings - TD Cowen raised its price target to $655.00, while BMO Capital Markets lowered it to $625.00 [8] - The average price target among analysts is $634.67, with one Strong Buy, thirty-six Buy, and one Hold rating [8]