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

Investors sold shares of Microsoft Co. (NASDAQ:MSFT) on strength during trading on Thursday. $231.28 million flowed into the stock on the tick-up and $258.83 million flowed out of the stock on the tick-down, for a money net flow of $27.55 million out of the stock. Of all stocks tracked, Microsoft had the 25th highest net out-flow for the day. Microsoft traded up $0.14 for the day and closed at $120.33

A number of equities analysts have weighed in on MSFT shares. JPMorgan Chase & Co. boosted their target price on shares of Microsoft from $115.00 to $125.00 and gave the stock an “overweight” rating in a research note on Thursday, March 28th. Credit Suisse Group set a $125.00 price target on shares of Microsoft and gave the stock a “buy” rating in a research note on Sunday, December 23rd. ValuEngine downgraded shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. Royal Bank of Canada boosted their price target on shares of Microsoft to $130.00 and gave the stock an “outperform” rating in a research note on Monday, March 25th. Finally, Sanford C. Bernstein set a $137.00 price target on shares of Microsoft and gave the stock a “buy” rating in a research note on Thursday, January 31st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, thirty-one have assigned a buy rating and two have given a strong buy rating to the company’s stock. Microsoft currently has a consensus rating of “Buy” and a consensus price target of $123.01.

The company has a current ratio of 3.12, a quick ratio of 3.08 and a debt-to-equity ratio of 0.82. The company has a market cap of $925.44 billion, a P/E ratio of 31.01, a P/E/G ratio of 2.19 and a beta of 1.22.

Microsoft (NASDAQ:MSFT) last issued its earnings results on Wednesday, January 30th. The software giant reported $1.10 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.09 by $0.01. Microsoft had a net margin of 28.31% and a return on equity of 39.52%. The firm had revenue of $32.47 billion during the quarter, compared to the consensus estimate of $32.53 billion. During the same quarter in the prior year, the firm earned $0.96 earnings per share. The business’s quarterly revenue was up 12.3% on a year-over-year basis. As a group, equities analysts predict that Microsoft Co. will post 4.41 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Wednesday, May 15th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 1.53%. The ex-dividend date is Wednesday, May 15th. Microsoft’s payout ratio is presently 47.42%.

In other news, CEO Satya Nadella sold 267,466 shares of the company’s stock in a transaction that occurred on Wednesday, February 6th. The shares were sold at an average price of $106.01, for a total value of $28,354,070.66. Following the completion of the transaction, the chief executive officer now owns 1,746,854 shares in the company, valued at $185,183,992.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jean Philippe Courtois sold 28,147 shares of the company’s stock in a transaction that occurred on Friday, February 15th. The shares were sold at an average price of $108.14, for a total transaction of $3,043,816.58. Following the completion of the transaction, the insider now owns 497,162 shares of the company’s stock, valued at approximately $53,763,098.68. The disclosure for this sale can be found here. Insiders sold 333,667 shares of company stock valued at $35,657,016 in the last ninety days. Insiders own 1.38% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in MSFT. Tower Research Capital LLC TRC boosted its holdings in Microsoft by 209,415.5% during the second quarter. Tower Research Capital LLC TRC now owns 419,031 shares of the software giant’s stock worth $41,321,000 after purchasing an additional 418,831 shares during the last quarter. AE Wealth Management LLC boosted its holdings in Microsoft by 16.6% during the second quarter. AE Wealth Management LLC now owns 126,511 shares of the software giant’s stock worth $12,475,000 after purchasing an additional 18,008 shares during the last quarter. Krilogy Financial LLC boosted its holdings in Microsoft by 7.8% during the second quarter. Krilogy Financial LLC now owns 9,142 shares of the software giant’s stock worth $902,000 after purchasing an additional 662 shares during the last quarter. Clearwater Capital Advisors LLC boosted its holdings in Microsoft by 9.3% during the second quarter. Clearwater Capital Advisors LLC now owns 6,226 shares of the software giant’s stock worth $614,000 after purchasing an additional 528 shares during the last quarter. Finally, Holderness Investments Co. raised its position in Microsoft by 1.3% during the second quarter. Holderness Investments Co. now owns 58,726 shares of the software giant’s stock worth $5,791,000 after acquiring an additional 736 shares in the last quarter. Institutional investors own 72.89% of the company’s stock.

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About Microsoft (NASDAQ:MSFT)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services, 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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