Microsoft Corporation (NASDAQ:MSFT) EVP Christopher C. Capossela sold 4,000 shares of Microsoft Corporation stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $83.46, for a total value of $333,840.00. Following the completion of the transaction, the executive vice president now directly owns 189,278 shares in the company, valued at approximately $15,797,141.88. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of Microsoft Corporation (NASDAQ MSFT) opened at $83.93 on Tuesday. The company has a market capitalization of $647,022.69, a PE ratio of 24.81, a P/E/G ratio of 1.96 and a beta of 1.01. The company has a quick ratio of 3.06, a current ratio of 3.12 and a debt-to-equity ratio of 0.91. Microsoft Corporation has a fifty-two week low of $57.28 and a fifty-two week high of $86.20.
Microsoft Corporation (NASDAQ:MSFT) last released its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.12. The business had revenue of $24.50 billion during the quarter, compared to the consensus estimate of $23.57 billion. Microsoft Corporation had a return on equity of 35.23% and a net margin of 24.56%. The firm’s revenue was up 11.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.76 earnings per share. equities analysts expect that Microsoft Corporation will post 3.37 EPS for the current fiscal year.
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Several institutional investors have recently made changes to their positions in MSFT. Vicus Capital increased its holdings in shares of Microsoft Corporation by 1.8% in the first quarter. Vicus Capital now owns 125,013 shares of the software giant’s stock worth $8,233,000 after acquiring an additional 2,185 shares in the last quarter. Corundum Group Inc. increased its holdings in shares of Microsoft Corporation by 1.5% in the first quarter. Corundum Group Inc. now owns 8,219 shares of the software giant’s stock worth $541,000 after acquiring an additional 125 shares in the last quarter. Palisade Capital Management LLC NJ increased its holdings in shares of Microsoft Corporation by 2.3% in the first quarter. Palisade Capital Management LLC NJ now owns 8,144 shares of the software giant’s stock worth $536,000 after acquiring an additional 183 shares in the last quarter. DnB Asset Management AS increased its holdings in shares of Microsoft Corporation by 20.9% in the first quarter. DnB Asset Management AS now owns 3,963,939 shares of the software giant’s stock worth $261,065,000 after acquiring an additional 685,950 shares in the last quarter. Finally, Johanson Financial Advisors Inc. bought a new stake in shares of Microsoft Corporation in the first quarter worth about $2,006,000. Institutional investors own 73.37% of the company’s stock.
MSFT has been the topic of a number of analyst reports. Sanford C. Bernstein set a $87.00 price target on Microsoft Corporation and gave the stock a “buy” rating in a research note on Friday, July 21st. Canaccord Genuity restated a “hold” rating and set a $76.00 price objective on shares of Microsoft Corporation in a research report on Friday, September 15th. Royal Bank Of Canada restated an “outperform” rating and set a $88.00 price objective (up from $85.00) on shares of Microsoft Corporation in a research report on Friday, October 27th. Evercore ISI restated a “buy” rating and set a $80.00 price objective on shares of Microsoft Corporation in a research report on Friday, August 18th. Finally, UBS AG set a $105.00 price objective on Microsoft Corporation and gave the stock a “buy” rating in a research report on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirty have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $83.86.
About Microsoft Corporation
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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