Microsoft Co. (NASDAQ:MSFT) EVP Christopher C. Capossela sold 3,500 shares of the stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $93.00, for a total transaction of $325,500.00. Following the completion of the transaction, the executive vice president now directly owns 174,778 shares of the company’s stock, valued at $16,254,354. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Microsoft Co. (MSFT) traded up $0.59 on Thursday, reaching $92.08. 7,920,000 shares of the company’s stock traded hands, compared to its average volume of 34,870,000. The company has a quick ratio of 2.85, a current ratio of 2.89 and a debt-to-equity ratio of 1.01. Microsoft Co. has a fifty-two week low of $63.62 and a fifty-two week high of $96.07. The company has a market capitalization of $708,970.00, a P/E ratio of 28.25, a PEG ratio of 2.14 and a beta of 1.06.
Microsoft (NASDAQ:MSFT) last announced its quarterly earnings data on Wednesday, January 31st. The software giant reported $0.96 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.87 by $0.09. The firm had revenue of $28.92 billion for the quarter, compared to the consensus estimate of $28.42 billion. Microsoft had a net margin of 11.72% and a return on equity of 35.41%. The company’s revenue was up 11.9% on a year-over-year basis. During the same period last year, the firm earned $0.83 EPS. research analysts expect that Microsoft Co. will post 3.64 earnings per share for the current year.
Several hedge funds have recently made changes to their positions in the company. Capital Research Global Investors grew its stake in shares of Microsoft by 212.3% in the 2nd quarter. Capital Research Global Investors now owns 69,663,044 shares of the software giant’s stock worth $4,801,874,000 after buying an additional 47,353,245 shares in the last quarter. Janus Henderson Group PLC boosted its stake in shares of Microsoft by 609.4% during the 2nd quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software giant’s stock worth $3,389,625,000 after purchasing an additional 42,243,011 shares during the period. Vanguard Group Inc. boosted its stake in shares of Microsoft by 4.6% during the 2nd quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock worth $38,880,105,000 after purchasing an additional 25,053,413 shares during the period. Amundi Pioneer Asset Management Inc. boosted its stake in shares of Microsoft by 52.3% during the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 26,474,151 shares of the software giant’s stock worth $2,264,601,000 after purchasing an additional 9,092,634 shares during the period. Finally, Tiger Global Management LLC boosted its stake in shares of Microsoft by 395.2% during the 2nd quarter. Tiger Global Management LLC now owns 10,487,500 shares of the software giant’s stock worth $722,903,000 after purchasing an additional 8,369,500 shares during the period. Hedge funds and other institutional investors own 73.19% of the company’s stock.
MSFT has been the topic of a number of recent research reports. Vetr cut shares of Microsoft from a “buy” rating to a “hold” rating and set a $94.80 price objective on the stock. in a report on Tuesday. Tigress Financial restated a “buy” rating on shares of Microsoft in a report on Wednesday, February 14th. Argus upped their price objective on shares of Microsoft from $95.00 to $107.00 and gave the stock a “buy” rating in a report on Tuesday, February 6th. Zacks Investment Research upgraded shares of Microsoft from a “hold” rating to a “buy” rating and set a $106.00 price objective on the stock in a report on Monday, February 5th. Finally, Nomura upped their price objective on shares of Microsoft from $102.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirty-one have issued a buy rating to the stock. Microsoft currently has a consensus rating of “Buy” and an average price target of $99.11.
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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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