Insider Selling: Microsoft Co. (MSFT) EVP Sells 5,000 Shares of Stock

Microsoft Co. (NASDAQ:MSFT) EVP Christopher C. Capossela sold 5,000 shares of the firm’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $126.02, for a total value of $630,100.00. Following the completion of the sale, the executive vice president now owns 144,934 shares of the company’s stock, valued at $18,264,582.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Christopher C. Capossela also recently made the following trade(s):

  • On Friday, May 3rd, Christopher C. Capossela sold 3,000 shares of Microsoft stock. The shares were sold at an average price of $128.87, for a total value of $386,610.00.

Shares of NASDAQ:MSFT traded up $3.05 during trading on Thursday, hitting $129.07. 2,136,563 shares of the company’s stock traded hands, compared to its average volume of 27,046,678. Microsoft Co. has a 52 week low of $93.96 and a 52 week high of $131.37. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.97 and a quick ratio of 2.93. The stock has a market capitalization of $955.16 billion, a PE ratio of 33.27, a price-to-earnings-growth ratio of 2.17 and a beta of 1.24.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, April 24th. The software giant reported $1.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.00 by $0.14. The firm had revenue of $30.57 billion for the quarter, compared to analysts’ expectations of $29.86 billion. Microsoft had a return on equity of 39.34% and a net margin of 28.58%. The business’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.95 EPS. On average, research analysts expect that Microsoft Co. will post 4.58 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Wednesday, May 15th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.43%. The ex-dividend date is Wednesday, May 15th. Microsoft’s payout ratio is 47.42%.

A number of analysts have recently weighed in on MSFT shares. JPMorgan Chase & Co. raised their target price on Microsoft from $115.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday, March 28th. BMO Capital Markets lifted their price objective on Microsoft from $125.00 to $147.00 and gave the stock an “outperform” rating in a research report on Thursday, April 25th. Barclays lifted their price objective on Microsoft from $132.00 to $152.00 and gave the stock an “overweight” rating in a research report on Thursday, April 25th. Argus lifted their price objective on Microsoft to $145.00 and gave the stock a “buy” rating in a research report on Monday, April 29th. Finally, Credit Suisse Group reiterated a “buy” rating and issued a $125.00 price objective on shares of Microsoft in a research report on Wednesday, April 24th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty-five have given a buy rating and three have assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $135.75.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc increased its holdings in shares of Microsoft by 1.6% during the 3rd quarter. Vanguard Group Inc now owns 577,877,949 shares of the software giant’s stock worth $66,091,902,000 after acquiring an additional 8,820,439 shares during the last quarter. BlackRock Inc. increased its holdings in shares of Microsoft by 0.6% during the 4th quarter. BlackRock Inc. now owns 507,006,157 shares of the software giant’s stock worth $51,496,613,000 after acquiring an additional 3,257,514 shares during the last quarter. FMR LLC increased its holdings in shares of Microsoft by 5.2% during the 4th quarter. FMR LLC now owns 254,905,697 shares of the software giant’s stock worth $25,890,773,000 after acquiring an additional 12,660,256 shares during the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of Microsoft by 9,587.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 169,992,326 shares of the software giant’s stock worth $1,674,000 after acquiring an additional 168,237,479 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Microsoft by 1.4% during the 1st quarter. Geode Capital Management LLC now owns 101,479,425 shares of the software giant’s stock worth $11,949,033,000 after acquiring an additional 1,396,194 shares during the last quarter. Hedge funds and other institutional investors own 73.14% of the company’s stock.

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About Microsoft

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, 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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