Investors Sell Shares of Microsoft Co. (MSFT) on Strength After Insider Selling

Investors sold shares of Microsoft Co. (NASDAQ:MSFT) on strength during trading on Tuesday following insider selling activity. $221.97 million flowed into the stock on the tick-up and $431.45 million flowed out of the stock on the tick-down, for a money net flow of $209.48 million out of the stock. Of all stocks tracked, Microsoft had the 0th highest net out-flow for the day. Microsoft traded up $1.19 for the day and closed at $83.72Specifically, EVP Christopher C. Capossela sold 4,000 shares of Microsoft stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total value of $333,760.00. Following the completion of the sale, the executive vice president now owns 184,278 shares of the company’s stock, valued at $15,376,156.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Frank H. Brod sold 15,000 shares of Microsoft stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $84.08, for a total value of $1,261,200.00. Following the completion of the sale, the insider now directly owns 116,205 shares of the company’s stock, valued at approximately $9,770,516.40. The disclosure for this sale can be found here. Insiders sold 108,763 shares of company stock valued at $8,242,232 in the last 90 days. Company insiders own 1.49% of the company’s stock.

A number of equities analysts have recently weighed in on MSFT shares. ValuEngine raised Microsoft from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. Canaccord Genuity reaffirmed a “buy” rating and issued a $94.00 price objective (up previously from $86.00) on shares of Microsoft in a research note on Friday, October 27th. Atlantic Securities set a $83.00 price objective on Microsoft and gave the stock a “neutral” rating in a research note on Friday, October 27th. UBS AG set a $105.00 price objective on Microsoft and gave the stock a “buy” rating in a research note on Thursday, November 9th. Finally, Barclays PLC reiterated an “overweight” rating and issued a $89.00 target price (up from $82.00) on shares of Microsoft in a research report on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and thirty have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $84.21.

The company has a market capitalization of $645,870.00, a PE ratio of 24.38, a PEG ratio of 1.92 and a beta of 1.01. The company has a debt-to-equity ratio of 0.91, a quick ratio of 3.06 and a current ratio of 3.12.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.12. The company had revenue of $24.50 billion for the quarter, compared to analyst estimates of $23.57 billion. Microsoft had a return on equity of 29.74% and a net margin of 26.80%. The firm’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.76 earnings per share. research analysts forecast that Microsoft Co. will post 3.38 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 16th will be given a $0.42 dividend. This is a positive change from Microsoft’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Wednesday, November 15th. This represents a $1.68 dividend on an annualized basis and a yield of 2.01%. Microsoft’s payout ratio is presently 56.76%.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Capital Research Global Investors grew its stake in shares of Microsoft by 212.3% in the second quarter. Capital Research Global Investors now owns 69,663,044 shares of the software giant’s stock worth $4,801,874,000 after acquiring an additional 47,353,245 shares in the last quarter. Janus Henderson Group PLC grew its stake in shares of Microsoft by 609.4% in the second quarter. Janus Henderson Group PLC now owns 49,174,883 shares of the software giant’s stock worth $3,389,625,000 after acquiring an additional 42,243,011 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Microsoft by 4.6% in the second quarter. Vanguard Group Inc. now owns 564,052,011 shares of the software giant’s stock worth $38,880,105,000 after acquiring an additional 25,053,413 shares in the last quarter. Tiger Global Management LLC grew its stake in shares of Microsoft by 395.2% in the second quarter. Tiger Global Management LLC now owns 10,487,500 shares of the software giant’s stock worth $722,903,000 after acquiring an additional 8,369,500 shares in the last quarter. Finally, Polen Capital Management LLC acquired a new position in shares of Microsoft in the third quarter worth $527,480,000. 73.14% of the stock is currently owned by institutional investors.

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Microsoft 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.

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