Investors Sell Shares of Microsoft (MSFT) on Strength (MSFT)

Traders sold shares of Microsoft Co. (NASDAQ:MSFT) on strength during trading on Thursday. $237.88 million flowed into the stock on the tick-up and $795.98 million flowed out of the stock on the tick-down, for a money net flow of $558.10 million out of the stock. Of all companies tracked, Microsoft had the highest net out-flow for the day. Microsoft traded up $0.43 for the day and closed at $114.41

A number of equities research analysts have issued reports on MSFT shares. Royal Bank of Canada reissued a “$104.40” rating and set a $115.00 price target on shares of Microsoft in a research report on Thursday, July 19th. Credit Suisse Group restated a “$105.12” rating and set a $115.00 price objective on shares of Microsoft in a research note on Wednesday, July 18th. Deutsche Bank restated a “$105.12” rating on shares of Microsoft in a research note on Wednesday, July 18th. Argus boosted their price objective on Microsoft from $116.00 to $128.00 and gave the stock a “$107.97” rating in a research note on Monday, July 23rd. Finally, Sanford C. Bernstein restated a “buy” rating and set a $123.00 price objective on shares of Microsoft in a research note on Tuesday, July 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty-nine have given a buy rating and two have issued a strong buy rating to the stock. Microsoft presently has a consensus rating of “Buy” and an average target price of $120.08.

The company has a debt-to-equity ratio of 0.94, a current ratio of 2.90 and a quick ratio of 2.86. The company has a market capitalization of $881.24 billion, a P/E ratio of 29.54, a PEG ratio of 2.19 and a beta of 1.26.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings results on Thursday, July 19th. The software giant reported $1.13 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.05. The business had revenue of $30.09 billion for the quarter, compared to analysts’ expectations of $29.23 billion. Microsoft had a return on equity of 36.69% and a net margin of 15.02%. The company’s revenue was up 17.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.75 earnings per share. research analysts expect that Microsoft Co. will post 4.25 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 13th. Investors of record on Thursday, November 15th will be issued a $0.46 dividend. This is a positive change from Microsoft’s previous quarterly dividend of $0.42. This represents a $1.84 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend is Wednesday, November 14th. Microsoft’s payout ratio is currently 43.30%.

In related news, CEO Satya Nadella sold 328,000 shares of the business’s stock in a transaction dated Friday, August 10th. The stock was sold at an average price of $109.44, for a total value of $35,896,320.00. Following the completion of the sale, the chief executive officer now directly owns 778,596 shares of the company’s stock, valued at $85,209,546.24. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CMO Christopher C. Capossela sold 23,337 shares of the business’s stock in a transaction dated Monday, September 10th. The shares were sold at an average price of $109.22, for a total value of $2,548,867.14. Following the completion of the sale, the chief marketing officer now directly owns 190,570 shares of the company’s stock, valued at $20,814,055.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 650,042 shares of company stock valued at $71,264,850. 1.49% of the stock is owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in MSFT. Peak Capital Management LLC bought a new position in shares of Microsoft during the second quarter valued at approximately $107,000. Fort L.P. bought a new position in shares of Microsoft during the second quarter valued at approximately $119,000. WP Advisors LLC bought a new position in shares of Microsoft during the second quarter valued at approximately $131,000. LFA Lugano Financial Advisors SA bought a new position in shares of Microsoft during the second quarter valued at approximately $139,000. Finally, Live Your Vision LLC grew its holdings in shares of Microsoft by 58.7% during the second quarter. Live Your Vision LLC now owns 1,376 shares of the software giant’s stock valued at $140,000 after purchasing an additional 509 shares during the last quarter. 71.75% of the stock is owned by hedge funds and other institutional investors.

About Microsoft (NASDAQ:MSFT)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates through Productivity and Business Processes, Intelligent Cloud, and More Personal Computing segments. The Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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