Insider Selling: Microsoft Corporation (MSFT) Insider Sells 26,763 Shares of Stock

Microsoft Corporation (NASDAQ:MSFT) insider Jean Philippe Courtois sold 26,763 shares of the company’s stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $74.00, for a total transaction of $1,980,462.00. Following the completion of the transaction, the insider now owns 537,519 shares of the company’s stock, valued at approximately $39,776,406. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Jean Philippe Courtois also recently made the following trade(s):

  • On Tuesday, July 25th, Jean Philippe Courtois sold 26,763 shares of Microsoft Corporation stock. The shares were sold at an average price of $74.00, for a total transaction of $1,980,462.00.

Microsoft Corporation (NASDAQ:MSFT) opened at 75.31 on Friday. The stock has a market capitalization of $580.06 billion, a P/E ratio of 27.79 and a beta of 1.00. Microsoft Corporation has a 52-week low of $56.32 and a 52-week high of $75.49. The stock has a 50 day moving average of $73.27 and a 200 day moving average of $69.57.

Microsoft Corporation (NASDAQ:MSFT) last released its earnings results on Thursday, July 20th. The software giant reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.27. Microsoft Corporation had a net margin of 23.57% and a return on equity of 36.81%. The business had revenue of $24.70 billion during the quarter, compared to analysts’ expectations of $24.29 billion. During the same period last year, the business earned $0.69 earnings per share. The firm’s revenue was up 9.1% on a year-over-year basis. On average, equities research analysts forecast that Microsoft Corporation will post $3.14 EPS for the current year.

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Several institutional investors and hedge funds have recently bought and sold shares of MSFT. Hilltop Holdings Inc. lifted its holdings in shares of Microsoft Corporation by 0.3% during the fourth quarter. Hilltop Holdings Inc. now owns 26,722 shares of the software giant’s stock worth $1,661,000 after buying an additional 74 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its holdings in shares of Microsoft Corporation by 3.0% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 16,055 shares of the software giant’s stock worth $998,000 after buying an additional 462 shares in the last quarter. JW Asset Management LLC acquired a new stake in shares of Microsoft Corporation during the fourth quarter worth $3,729,000. Ancora Advisors LLC lifted its holdings in shares of Microsoft Corporation by 43.7% during the fourth quarter. Ancora Advisors LLC now owns 191,529 shares of the software giant’s stock worth $11,902,000 after buying an additional 58,222 shares in the last quarter. Finally, Ellington Management Group LLC acquired a new stake in shares of Microsoft Corporation during the fourth quarter worth $876,000. 73.47% of the stock is owned by institutional investors.

MSFT has been the subject of a number of research reports. ValuEngine raised shares of Microsoft Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. Morgan Stanley reissued an “overweight” rating and set a $80.00 price target on shares of Microsoft Corporation in a report on Thursday, July 13th. Stifel Nicolaus reissued a “buy” rating and set a $73.00 price target on shares of Microsoft Corporation in a report on Sunday, July 9th. Cowen and Company reissued an “outperform” rating and set a $80.00 price target (up from $78.00) on shares of Microsoft Corporation in a report on Saturday, July 22nd. Finally, Oppenheimer Holdings, Inc. reissued a “buy” rating and set a $80.00 price target on shares of Microsoft Corporation in a report on Thursday, September 7th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and thirty have issued a buy rating to the company’s stock. Microsoft Corporation has a consensus rating of “Buy” and a consensus target price of $76.72.

Microsoft Corporation Company Profile

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.

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

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