Traders Sell Microsoft (MSFT) on Strength (MSFT)

Investors sold shares of Microsoft Co. (NASDAQ:MSFT) on strength during trading hours on Wednesday. $300.22 million flowed into the stock on the tick-up and $614.76 million flowed out of the stock on the tick-down, for a money net flow of $314.54 million out of the stock. Of all stocks tracked, Microsoft had the highest net out-flow for the day. Microsoft traded up $1.79 for the day and closed at $90.14

MSFT has been the topic of several recent research reports. Oppenheimer set a $80.00 target price on shares of Microsoft and gave the company a “buy” rating in a research note on Monday, September 25th. ValuEngine lowered shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Canaccord Genuity raised shares of Microsoft from a “hold” rating to a “buy” rating and raised their target price for the company from $76.00 to $86.00 in a research note on Thursday, October 5th. Stifel Nicolaus reiterated a “buy” rating on shares of Microsoft in a research report on Thursday, October 12th. Finally, Morningstar reiterated a “neutral” rating on shares of Microsoft in a research report on Monday, October 16th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and thirty-two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $87.02.

The company has a debt-to-equity ratio of 0.91, a current ratio of 3.12 and a quick ratio of 3.06. The company has a market cap of $695,390.00, a price-to-earnings ratio of 30.45, a P/E/G ratio of 2.09 and a beta of 0.99.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Thursday, October 26th. The software giant reported $0.84 EPS for the quarter, topping the consensus estimate of $0.72 by $0.12. The firm had revenue of $24.50 billion for the quarter, compared to the consensus estimate of $23.57 billion. Microsoft had a net margin of 24.56% and a return on equity of 35.23%. The business’s quarterly revenue was up 11.7% on a year-over-year basis. During the same period last year, the company posted $0.76 EPS. research analysts forecast that Microsoft Co. will post 3.39 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.68 annualized dividend and a yield of 1.86%. Microsoft’s dividend payout ratio (DPR) is currently 56.76%.

In other Microsoft news, insider Frank H. Brod sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the sale, the insider now directly owns 116,205 shares in the company, valued at approximately $9,770,516.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Christopher C. Capossela sold 4,000 shares of Microsoft stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $83.44, for a total transaction of $333,760.00. Following the completion of the sale, the executive vice president now owns 184,278 shares in the company, valued at $15,376,156.32. The disclosure for this sale can be found here. Insiders have sold a total of 45,000 shares of company stock worth $3,759,420 over the last 90 days. Corporate insiders own 1.49% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of MSFT. Acrospire Investment Management LLC raised its holdings in shares of Microsoft by 300.0% in the second quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock valued at $110,000 after purchasing an additional 1,200 shares during the last quarter. Stelac Advisory Services LLC grew its stake in shares of Microsoft by 23.5% in the second quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock valued at $140,000 after buying an additional 387 shares in the last quarter. Pacific Center for Financial Services grew its stake in shares of Microsoft by 3.0% in the second quarter. Pacific Center for Financial Services now owns 2,572 shares of the software giant’s stock valued at $177,000 after buying an additional 75 shares in the last quarter. AlphaMark Advisors LLC grew its stake in shares of Microsoft by 1.1% in the second quarter. AlphaMark Advisors LLC now owns 2,677 shares of the software giant’s stock valued at $185,000 after buying an additional 30 shares in the last quarter. Finally, Family Capital Trust Co bought a new position in shares of Microsoft in the fourth quarter valued at $188,000. Institutional investors own 73.19% 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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