Traders Buy Shares of Microsoft (MSFT) on Weakness After Insider Selling

Traders purchased shares of Microsoft Corporation (NASDAQ:MSFT) on weakness during trading on Thursday following insider selling activity. $361.42 million flowed into the stock on the tick-up and $237.86 million flowed out of the stock on the tick-down, for a money net flow of $123.56 million into the stock. Of all companies tracked, Microsoft had the 2nd highest net in-flow for the day. Microsoft traded down ($0.29) for the day and closed at $82.49Specifically, EVP Christopher C. Capossela sold 4,000 shares of the stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $83.46, for a total value of $333,840.00. Following the completion of the sale, the executive vice president now owns 189,278 shares in the company, valued at approximately $15,797,141.88. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Frank H. Brod sold 15,000 shares of the stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the completion of the sale, the insider now 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. In the last 90 days, insiders sold 45,000 shares of company stock valued at $3,759,420. 1.49% of the stock is owned by insiders.

Several research analysts have recently commented on MSFT shares. Evercore ISI restated a “buy” rating and set a $80.00 price target on shares of Microsoft in a research note on Friday, August 18th. BidaskClub upgraded shares of Microsoft from a “hold” rating to a “buy” rating in a research note on Wednesday, August 16th. Credit Suisse Group set a $84.00 price target on shares of Microsoft and gave the stock a “buy” rating in a research note on Friday, August 11th. Sanford C. Bernstein set a $87.00 price target on shares of Microsoft and gave the stock a “buy” rating in a research note on Friday, August 11th. Finally, Piper Jaffray Companies restated a “buy” rating and set a $90.00 price target on shares of Microsoft in a research note on Sunday, August 27th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $84.59.

The company has a current ratio of 3.12, a quick ratio of 3.06 and a debt-to-equity ratio of 0.91. The firm has a market cap of $636,880.00, a PE ratio of 24.14, a price-to-earnings-growth ratio of 1.90 and a beta of 0.99.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings data on Thursday, October 26th. The software giant reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.12. The firm had revenue of $24.50 billion during the quarter, compared to analysts’ expectations of $23.57 billion. Microsoft had a net margin of 24.56% and a return on equity of 35.23%. The company’s quarterly revenue was up 11.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.76 EPS. analysts predict that Microsoft Corporation will post 3.38 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 2.04%. The ex-dividend date is Wednesday, February 14th. Microsoft’s payout ratio is presently 56.76%.

Institutional investors and hedge funds have recently bought and sold shares of the business. River Wealth Advisors LLC grew its position in shares of Microsoft by 6.4% during the 2nd quarter. River Wealth Advisors LLC now owns 25,130 shares of the software giant’s stock worth $1,732,000 after buying an additional 1,517 shares during the period. Northeast Financial Consultants Inc grew its position in shares of Microsoft by 17.4% during the 2nd quarter. Northeast Financial Consultants Inc now owns 10,100 shares of the software giant’s stock worth $696,000 after buying an additional 1,500 shares during the period. JLB & Associates Inc. acquired a new stake in shares of Microsoft during the 2nd quarter worth approximately $10,873,000. State of Wisconsin Investment Board grew its position in shares of Microsoft by 7.3% during the 1st quarter. State of Wisconsin Investment Board now owns 7,827,220 shares of the software giant’s stock worth $515,501,000 after buying an additional 530,893 shares during the period. Finally, One Capital Management LLC grew its holdings in Microsoft by 5.0% during the second quarter. One Capital Management LLC now owns 56,671 shares of the software giant’s stock valued at $3,906,000 after purchasing an additional 2,675 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

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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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