Microsoft Co. (NASDAQ:MSFT) EVP Sells 40,000 Shares

Microsoft Co. (NASDAQ:MSFT) EVP Kathleen T. Hogan sold 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $135.25, for a total value of $5,410,000.00. Following the completion of the sale, the executive vice president now directly owns 198,042 shares in the company, valued at approximately $26,785,180.50. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

MSFT stock traded up $0.04 during mid-day trading on Wednesday, hitting $136.12. The stock had a trading volume of 23,561,574 shares, compared to its average volume of 25,682,043. Microsoft Co. has a 1-year low of $93.96 and a 1-year high of $141.68. The company has a fifty day moving average of $137.25 and a 200 day moving average of $128.50. The company has a current ratio of 2.53, a quick ratio of 2.50 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $1,050.02 billion, a price-to-earnings ratio of 28.66, a PEG ratio of 2.39 and a beta of 1.22.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Thursday, July 18th. The software giant reported $1.37 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.21 by $0.16. Microsoft had a return on equity of 39.26% and a net margin of 31.18%. The business had revenue of $33.72 billion during the quarter, compared to analyst estimates of $32.80 billion. During the same period in the previous year, the company earned $1.13 EPS. The firm’s revenue was up 12.1% on a year-over-year basis. As a group, sell-side analysts expect that Microsoft Co. will post 5.22 earnings per share for the current fiscal year.

Several equities research analysts have weighed in on MSFT shares. Macquarie increased their target price on Microsoft from $150.00 to $160.00 and gave the stock an “outperform” rating in a research report on Friday, July 19th. Canaccord Genuity boosted their price target on shares of Microsoft from $145.00 to $155.00 and gave the company a “buy” rating in a report on Friday, July 19th. JPMorgan Chase & Co. restated a “buy” rating and set a $155.00 price target on shares of Microsoft in a research report on Friday, July 19th. KeyCorp reaffirmed a “buy” rating and issued a $155.00 price objective on shares of Microsoft in a report on Thursday, August 29th. Finally, Mizuho set a $152.00 target price on shares of Microsoft and gave the company a “buy” rating in a research note on Friday, September 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, twenty-eight have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $149.21.

A number of hedge funds and other institutional investors have recently bought and sold shares of MSFT. Quantamental Technologies LLC bought a new position in shares of Microsoft in the fourth quarter worth about $26,000. LFA Lugano Financial Advisors SA increased its position in Microsoft by 274.5% during the second quarter. LFA Lugano Financial Advisors SA now owns 191 shares of the software giant’s stock worth $26,000 after acquiring an additional 140 shares during the period. Krane Funds Advisors LLC acquired a new position in Microsoft during the 2nd quarter valued at $26,000. Centaurus Financial Inc. raised its stake in Microsoft by 21.1% during the 1st quarter. Centaurus Financial Inc. now owns 3,222 shares of the software giant’s stock valued at $27,000 after purchasing an additional 561 shares during the last quarter. Finally, AlphaOne Investment Services LLC bought a new stake in Microsoft in the 2nd quarter valued at $51,000. Hedge funds and other institutional investors own 72.39% of the company’s stock.

Microsoft Company Profile

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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Insider Buying and Selling by Quarter for Microsoft (NASDAQ:MSFT)

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