Microsoft Corporation (NASDAQ:MSFT) EVP Christopher C. Capossela sold 4,000 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $83.46, for a total transaction of $333,840.00. Following the sale, the executive vice president now directly owns 189,278 shares in the company, valued at $15,797,141.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Microsoft Corporation (NASDAQ:MSFT) traded down $0.22 during trading on Monday, reaching $83.87. 19,397,700 shares of the company’s stock traded hands, compared to its average volume of 23,069,730. Microsoft Corporation has a twelve month low of $57.28 and a twelve month high of $86.20. The company has a quick ratio of 3.06, a current ratio of 3.12 and a debt-to-equity ratio of 0.91. The firm has a market cap of $647,022.69, a PE ratio of 24.81, a price-to-earnings-growth ratio of 1.96 and a beta of 1.01.
Microsoft Corporation (NASDAQ:MSFT) last issued its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.12. Microsoft Corporation had a net margin of 24.56% and a return on equity of 35.23%. The business had revenue of $24.50 billion during the quarter, compared to analysts’ expectations of $23.57 billion. During the same quarter in the previous year, the company earned $0.76 EPS. The business’s revenue was up 11.7% on a year-over-year basis. equities analysts forecast that Microsoft Corporation will post 3.37 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 16th will be paid a $0.42 dividend. This is a boost from Microsoft Corporation’s previous quarterly dividend of $0.39. The ex-dividend date of this dividend is Wednesday, November 15th. This represents a $1.68 annualized dividend and a yield of 2.00%. Microsoft Corporation’s payout ratio is 53.06%.
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A number of institutional investors have recently modified their holdings of MSFT. Vicus Capital raised its stake in Microsoft Corporation by 1.8% in the 1st quarter. Vicus Capital now owns 125,013 shares of the software giant’s stock worth $8,233,000 after purchasing an additional 2,185 shares in the last quarter. Corundum Group Inc. raised its stake in Microsoft Corporation by 1.5% in the 1st quarter. Corundum Group Inc. now owns 8,219 shares of the software giant’s stock worth $541,000 after purchasing an additional 125 shares in the last quarter. Palisade Capital Management LLC NJ raised its stake in Microsoft Corporation by 2.3% in the 1st quarter. Palisade Capital Management LLC NJ now owns 8,144 shares of the software giant’s stock worth $536,000 after purchasing an additional 183 shares in the last quarter. DnB Asset Management AS raised its stake in Microsoft Corporation by 20.9% in the 1st quarter. DnB Asset Management AS now owns 3,963,939 shares of the software giant’s stock worth $261,065,000 after purchasing an additional 685,950 shares in the last quarter. Finally, Johanson Financial Advisors Inc. acquired a new stake in Microsoft Corporation in the 1st quarter worth about $2,006,000. Institutional investors and hedge funds own 73.37% of the company’s stock.
Several research firms have recently commented on MSFT. ValuEngine raised shares of Microsoft Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. Morningstar, Inc. reissued a “neutral” rating on shares of Microsoft Corporation in a research note on Monday, October 16th. Credit Suisse Group reissued an “outperform” rating on shares of Microsoft Corporation in a research note on Thursday, August 31st. Zacks Investment Research cut shares of Microsoft Corporation from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 24th. Finally, KeyCorp reissued a “buy” rating and set a $82.00 price target on shares of Microsoft Corporation in a research note on Sunday, September 10th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twenty-nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $83.64.
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.
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