Microsoft (NASDAQ:MSFT) was upgraded by equities research analysts at Vetr from a “buy” rating to a “strong-buy” rating in a note issued to investors on Monday. The brokerage presently has a $94.25 target price on the software giant’s stock. Vetr‘s price objective points to a potential upside of 16.24% from the company’s current price.

Several other analysts have also issued reports on MSFT. Sanford C. Bernstein set a $87.00 price target on shares of Microsoft and gave the stock a “buy” rating in a research report on Friday, August 11th. BidaskClub upgraded shares of Microsoft from a “hold” rating to a “buy” rating in a research report on Wednesday, August 16th. Credit Suisse Group set a $84.00 target price on shares of Microsoft and gave the company a “buy” rating in a research report on Friday, August 11th. Oppenheimer set a $80.00 target price on shares of Microsoft and gave the company a “buy” rating in a research report on Monday, September 25th. Finally, Evercore ISI reiterated a “buy” rating and set a $80.00 target price on shares of Microsoft in a research report on Friday, August 18th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-nine have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $84.59.

Microsoft (NASDAQ:MSFT) traded down $3.18 during midday trading on Monday, reaching $81.08. 39,089,175 shares of the company’s stock traded hands, compared to its average volume of 22,464,863. The company has a quick ratio of 3.06, a current ratio of 3.12 and a debt-to-equity ratio of 0.91. The firm has a market cap of $628,700.00, a price-to-earnings ratio of 24.93, a price-to-earnings-growth ratio of 1.96 and a beta of 0.99. Microsoft has a 52 week low of $59.56 and a 52 week high of $86.20.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.12. The company had revenue of $24.50 billion for the quarter, compared to analyst estimates 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 business posted $0.76 EPS. sell-side analysts forecast that Microsoft will post 3.38 earnings per share for the current year.

In other Microsoft news, insider Frank H. Brod sold 15,000 shares of the business’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total value of $1,261,200.00. Following the completion of the transaction, the insider now directly owns 116,205 shares of the company’s stock, valued at $9,770,516.40. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Christopher C. Capossela sold 4,000 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $83.44, for a total transaction of $333,760.00. Following the completion of the transaction, the executive vice president now directly owns 184,278 shares of the company’s stock, valued at $15,376,156.32. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 27,000 shares of company stock worth $2,262,720. Company insiders own 1.49% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. New Capital Management LP raised its stake in shares of Microsoft by 0.5% during the first quarter. New Capital Management LP now owns 4,305 shares of the software giant’s stock worth $284,000 after buying an additional 22 shares during the last quarter. Nottingham Advisors Inc. raised its stake in shares of Microsoft by 0.4% during the second quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock worth $372,000 after buying an additional 22 shares during the last quarter. American Economic Planning Group Inc. ADV raised its stake in shares of Microsoft by 0.5% during the second quarter. American Economic Planning Group Inc. ADV now owns 4,939 shares of the software giant’s stock worth $340,000 after buying an additional 23 shares during the last quarter. Carderock Capital Management Inc. raised its stake in shares of Microsoft by 0.7% during the second quarter. Carderock Capital Management Inc. now owns 3,981 shares of the software giant’s stock worth $274,000 after buying an additional 26 shares during the last quarter. Finally, Appropriate Balance Financial Services Inc. raised its stake in shares of Microsoft by 4.7% during the second quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock worth $9,331,000 after buying an additional 29 shares during the last quarter. 73.33% of the stock is owned by institutional investors.

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About Microsoft

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.

To view Vetr’s full report, visit Vetr’s official website.

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