Share on StockTwits
 

Microsoft Corp. (NASDAQ:MSFT) EVP Anthony John Bates sold 14,000 shares of Microsoft Corp. stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $36.03, for a total transaction of $504,420.00. Following the transaction, the executive vice president now directly owns 601,777 shares of the company’s stock, valued at approximately $21,682,025. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Microsoft Corp. (NASDAQ:MSFT) traded up 1.01% during mid-day trading on Thursday, hitting $36.18. The stock had a trading volume of 35,380,992 shares. Microsoft Corp. has a 52 week low of $27.23 and a 52 week high of $38.98. The stock’s 50-day moving average is $36.49 and its 200-day moving average is $34.90. The company has a market cap of $300.3 billion and a price-to-earnings ratio of 13.27. Microsoft Corp. also saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 69,611,586 shares, a decrease of 4.5% from the December 31st total of 72,762,147 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average trading volume of 40,667,220 shares, the days-to-cover ratio is currently 1.7 days.

Microsoft Corp. (NASDAQ:MSFT) last released its earnings data on Wednesday, January 22nd. The company reported $0.76 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.68 by $0.08. The company had revenue of $24.50 billion for the quarter, compared to the consensus estimate of $23.67 billion. During the same quarter in the previous year, the company posted $0.76 earnings per share. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. On average, analysts predict that Microsoft Corp. will post $2.70 earnings per share for the current fiscal year.

A number of analysts have recently weighed in on MSFT shares. Analysts at Sterne Agee initiated coverage on shares of Microsoft Corp. in a research note to investors on Tuesday. They set a “neutral” rating and a $40.00 price target on the stock. Separately, analysts at TheStreet reiterated a “buy” rating on shares of Microsoft Corp. in a research note to investors on Wednesday, January 29th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Microsoft Corp. in a research note to investors on Friday, January 24th. They now have a $38.00 price target on the stock. Four investment analysts have rated the stock with a sell rating, nineteen have issued a hold rating and thirteen have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $36.07.

Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.