Microsoft Co. (MSFT) Insider Sells $2,154,000.00 in Stock

Microsoft Co. (NASDAQ:MSFT) insider Frank H. Brod sold 20,000 shares of the business’s stock in a transaction on Wednesday, October 31st. The stock was sold at an average price of $107.70, for a total value of $2,154,000.00. Following the sale, the insider now owns 66,676 shares of the company’s stock, valued at approximately $7,181,005.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

NASDAQ MSFT opened at $106.16 on Friday. The stock has a market capitalization of $817.41 billion, a P/E ratio of 27.36, a P/E/G ratio of 1.94 and a beta of 1.26. 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 Co. has a 12 month low of $80.70 and a 12 month high of $116.18.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, October 24th. The software giant reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.18. The business had revenue of $29.08 billion during the quarter, compared to the consensus estimate of $27.92 billion. Microsoft had a return on equity of 39.86% and a net margin of 16.38%. The firm’s revenue was up 18.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.84 earnings per share. On average, equities research analysts predict that Microsoft Co. will post 4.39 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 13th. Investors of record on Thursday, November 15th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date is Wednesday, November 14th. This is an increase from Microsoft’s previous quarterly dividend of $0.42. Microsoft’s dividend payout ratio is currently 43.30%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MSFT. BlackRock Inc. increased its holdings in Microsoft by 1.4% in the second quarter. BlackRock Inc. now owns 506,636,253 shares of the software giant’s stock valued at $49,959,403,000 after purchasing an additional 6,786,483 shares during the last quarter. OppenheimerFunds Inc. increased its holdings in shares of Microsoft by 86.3% in the second quarter. OppenheimerFunds Inc. now owns 13,684,690 shares of the software giant’s stock worth $1,349,447,000 after acquiring an additional 6,340,574 shares in the last quarter. FMR LLC increased its holdings in shares of Microsoft by 2.4% in the second quarter. FMR LLC now owns 231,776,134 shares of the software giant’s stock worth $22,855,445,000 after acquiring an additional 5,367,919 shares in the last quarter. Summit Trail Advisors LLC increased its holdings in shares of Microsoft by 5,931.9% in the first quarter. Summit Trail Advisors LLC now owns 4,562,204 shares of the software giant’s stock worth $4,562,000 after acquiring an additional 4,486,569 shares in the last quarter. Finally, Charles Schwab Investment Advisory Inc. bought a new stake in shares of Microsoft in the second quarter worth about $423,863,000. Institutional investors and hedge funds own 71.92% of the company’s stock.

A number of equities research analysts have recently weighed in on MSFT shares. Royal Bank of Canada restated a “$104.40” rating and set a $115.00 target price on shares of Microsoft in a research report on Thursday, July 19th. Deutsche Bank restated a “$105.12” rating on shares of Microsoft in a research report on Wednesday, July 18th. Credit Suisse Group restated a “$105.12” rating and set a $115.00 target price on shares of Microsoft in a research report on Wednesday, July 18th. Argus boosted their target price on Microsoft from $116.00 to $128.00 and gave the stock a “$107.97” rating in a research report on Monday, July 23rd. Finally, KeyCorp restated a “buy” rating and set a $110.00 target price on shares of Microsoft in a research report on Tuesday, July 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, thirty-three have assigned a buy rating and two have given a strong buy rating to the stock. Microsoft currently has an average rating of “Buy” and an average target price of $121.88.

Microsoft Company 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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Insider Buying and Selling by Quarter for Microsoft (NASDAQ:MSFT)

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