Microsoft (NASDAQ:MSFT) received a $106.00 price target from analysts at Morningstar in a report released on Thursday. The firm presently has a “neutral” rating on the software giant’s stock. Morningstar’s price target indicates a potential upside of 12.17% from the company’s current price.
Several other research firms have also recently weighed in on MSFT. Sanford C. Bernstein restated an “outperform” rating and set a $118.00 target price (up from $109.00) on shares of Microsoft in a research note on Thursday. UBS Group set a $110.00 target price on Microsoft and gave the stock a “buy” rating in a research note on Thursday. Macquarie set a $95.00 target price on Microsoft and gave the stock a “neutral” rating in a research note on Thursday. Jefferies Group set a $62.00 target price on Microsoft and gave the stock a “sell” rating in a research note on Thursday. Finally, Morgan Stanley set a $110.00 target price on Microsoft and gave the stock a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and thirty have assigned a buy rating to the company’s stock. Microsoft currently has an average rating of “Buy” and an average target price of $98.43.
Shares of Microsoft (NASDAQ MSFT) traded down $0.51 during mid-day trading on Thursday, hitting $94.50. The company had a trading volume of 36,943,652 shares, compared to its average volume of 27,636,932. The company has a current ratio of 3.12, a quick ratio of 3.06 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $729,070.00, a PE ratio of 64.29, a P/E/G ratio of 2.18 and a beta of 0.99. Microsoft has a fifty-two week low of $62.75 and a fifty-two week high of $96.07.
In related news, insider Frank H. Brod sold 18,000 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $83.15, for a total value of $1,496,700.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Christopher C. Capossela sold 4,000 shares of the stock in a transaction on Friday, November 10th. The shares were sold at an average price of $83.46, for a total value of $333,840.00. Following the completion of the sale, the executive vice president now owns 189,278 shares of the company’s stock, valued at $15,797,141.88. The disclosure for this sale can be found here. Insiders sold a total of 30,000 shares of company stock valued at $2,498,220 over the last quarter. 1.49% of the stock is owned by corporate insiders.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Kohmann Bosshard Financial Services LLC acquired a new stake in Microsoft during the 4th quarter worth about $103,000. Acrospire Investment Management LLC grew its holdings in Microsoft by 300.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock worth $110,000 after acquiring an additional 1,200 shares during the period. Cerebellum GP LLC acquired a new stake in Microsoft during the 4th quarter worth about $134,000. Stelac Advisory Services LLC grew its holdings in Microsoft by 23.5% during the 2nd quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock worth $140,000 after acquiring an additional 387 shares during the period. Finally, Pacific Center for Financial Services grew its holdings in Microsoft by 3.0% during the 2nd quarter. Pacific Center for Financial Services now owns 2,572 shares of the software giant’s stock worth $177,000 after acquiring an additional 75 shares during the period. Institutional investors and hedge funds own 73.26% of the company’s stock.
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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.
