Microsoft (NASDAQ:MSFT) received a $95.00 price objective from Macquarie in a report issued on Thursday. The firm presently has a “neutral” rating on the software giant’s stock. Macquarie’s price objective indicates a potential upside of 1.27% from the company’s current price.
MSFT has been the subject of several other research reports. Canaccord Genuity reissued a “buy” rating and set a $94.00 price target (up previously from $86.00) on shares of Microsoft in a research report on Friday, October 27th. Barclays set a $95.00 price target on Microsoft and gave the stock an “overweight” rating in a research report on Friday, January 12th. ValuEngine raised Microsoft from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Atlantic Securities set a $83.00 price target on Microsoft and gave the stock a “neutral” rating in a research report on Friday, October 27th. Finally, UBS Group set a $105.00 price target on Microsoft and gave the stock a “buy” rating in a research report on Thursday, November 9th. One analyst has rated the stock with a sell rating, eight have given a hold rating and thirty have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $98.43.
Microsoft (NASDAQ MSFT) traded down $1.20 during midday trading on Thursday, reaching $93.81. The company had a trading volume of 38,976,002 shares, compared to its average volume of 27,831,508. Microsoft has a 12-month low of $62.75 and a 12-month high of $96.07. The stock has a market cap of $729,070.00, a P/E ratio of 64.29, a P/E/G ratio of 2.18 and a beta of 0.99. The company has a quick ratio of 3.06, a current ratio of 3.12 and a debt-to-equity ratio of 0.91.
In related news, EVP Christopher C. Capossela sold 4,000 shares of Microsoft stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $83.48, for a total value of $333,920.00. Following the transaction, the executive vice president now owns 185,278 shares in the company, valued at $15,467,007.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Frank H. Brod sold 18,000 shares of Microsoft stock in a transaction on Monday, December 4th. The shares were sold at an average price of $83.15, for a total value of $1,496,700.00. The disclosure for this sale can be found here. Insiders sold 30,000 shares of company stock worth $2,498,220 in the last quarter. 1.49% of the stock is owned by insiders.
A number of institutional investors have recently modified their holdings of the stock. Stokes & Hubbell Capital Management LLC lifted its stake in shares of Microsoft by 46.6% during the second quarter. Stokes & Hubbell Capital Management LLC now owns 55,351 shares of the software giant’s stock worth $3,815,000 after purchasing an additional 17,595 shares in the last quarter. Bank of The West lifted its stake in shares of Microsoft by 19.5% during the second quarter. Bank of The West now owns 83,876 shares of the software giant’s stock worth $5,782,000 after purchasing an additional 13,672 shares in the last quarter. CHURCHILL MANAGEMENT Corp lifted its stake in shares of Microsoft by 40.7% during the second quarter. CHURCHILL MANAGEMENT Corp now owns 20,852 shares of the software giant’s stock worth $1,437,000 after purchasing an additional 6,030 shares in the last quarter. Arvest Bank Trust Division lifted its stake in shares of Microsoft by 6.9% during the second quarter. Arvest Bank Trust Division now owns 9,374 shares of the software giant’s stock worth $646,000 after purchasing an additional 608 shares in the last quarter. Finally, Peachtree Investment Advisors Inc. lifted its stake in shares of Microsoft by 0.6% during the second quarter. Peachtree Investment Advisors Inc. now owns 49,704 shares of the software giant’s stock worth $3,426,000 after purchasing an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 73.26% 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.
