Microsoft (NASDAQ:MSFT) has been assigned a $100.00 target price by Sanford C. Bernstein in a research report issued on Thursday. The brokerage presently has a “buy” rating on the software giant’s stock. Sanford C. Bernstein’s price objective suggests a potential upside of 21.58% from the company’s previous close.

Several other brokerages have also issued reports on MSFT. UBS set a $105.00 price target on shares of Microsoft and gave the company a “buy” rating in a report on Thursday, November 9th. Tigress Financial reaffirmed a “buy” rating on shares of Microsoft in a report on Tuesday, November 7th. Deutsche Bank reaffirmed a “buy” rating and issued a $100.00 target price on shares of Microsoft in a report on Friday, November 3rd. Vetr raised shares of Microsoft from a “sell” rating to a “hold” rating and set a $82.07 target price on the stock in a report on Tuesday, October 31st. Finally, Argus raised shares of Microsoft from a “hold” rating to a “buy” rating and upped their target price for the stock from $57.28 to $95.00 in a report on Tuesday, October 31st. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, twenty-nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $84.59.

Shares of Microsoft (NASDAQ:MSFT) traded down $0.53 during trading on Thursday, reaching $82.25. 4,428,357 shares of the company’s stock traded hands, compared to its average volume of 22,496,305. The company has a market cap of $629,433.38, a price-to-earnings ratio of 24.14, a PEG ratio of 1.90 and a beta of 0.99. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.12 and a quick ratio of 3.06. Microsoft has a 12-month low of $59.80 and a 12-month high of $86.20.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.72 by $0.12. The firm 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 revenue for the quarter was up 11.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.76 EPS. sell-side analysts forecast that Microsoft will post 3.38 EPS for the current year.

In other Microsoft news, insider Frank H. Brod sold 15,000 shares of the company’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $84.08, for a total transaction of $1,261,200.00. Following the transaction, the insider now directly owns 116,205 shares in the company, valued at approximately $9,770,516.40. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Christopher C. Capossela sold 4,000 shares of the stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $83.44, for a total transaction of $333,760.00. Following the completion of the sale, the executive vice president now owns 184,278 shares in the company, valued at $15,376,156.32. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 45,000 shares of company stock worth $3,759,420. Corporate insiders own 1.49% of the company’s stock.

Large investors have recently made changes to their positions in the stock. New Capital Management LP increased its stake in Microsoft by 0.5% during the 1st quarter. New Capital Management LP now owns 4,305 shares of the software giant’s stock worth $284,000 after purchasing an additional 22 shares in the last quarter. Nottingham Advisors Inc. increased its stake in Microsoft by 0.4% during the 2nd quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock worth $372,000 after purchasing an additional 22 shares in the last quarter. American Economic Planning Group Inc. ADV increased its stake in Microsoft by 0.5% during the 2nd quarter. American Economic Planning Group Inc. ADV now owns 4,939 shares of the software giant’s stock worth $340,000 after purchasing an additional 23 shares in the last quarter. Carderock Capital Management Inc. increased its stake in Microsoft by 0.7% during the 2nd quarter. Carderock Capital Management Inc. now owns 3,981 shares of the software giant’s stock worth $274,000 after purchasing an additional 26 shares in the last quarter. Finally, Appropriate Balance Financial Services Inc. increased its stake in Microsoft by 4.7% during the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 643 shares of the software giant’s stock worth $9,331,000 after purchasing an additional 29 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

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Microsoft Company Profile

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.

Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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