Microsoft Co. (MSFT) Short Interest Up 20.7% in January

Microsoft Co. (NASDAQ:MSFT) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 49,564,890 shares, a growth of 20.7% from the January 12th total of 41,062,227 shares. Based on an average daily trading volume, of 31,519,927 shares, the short-interest ratio is presently 1.6 days. Approximately 0.7% of the shares of the company are short sold.

Microsoft (NASDAQ MSFT) traded up $3.17 during midday trading on Friday, hitting $88.18. The stock had a trading volume of 63,400,000 shares, compared to its average volume of 30,970,000. The firm has a market cap of $680,270.00, a P/E ratio of 59.99, a PEG ratio of 2.08 and a beta of 1.06. The company has a current ratio of 2.89, a quick ratio of 2.85 and a debt-to-equity ratio of 1.01. Microsoft has a 12 month low of $63.32 and a 12 month high of $96.07.

Microsoft (NASDAQ:MSFT) last released its quarterly earnings data on Wednesday, January 31st. The software giant reported $0.96 EPS for the quarter, beating the consensus estimate of $0.87 by $0.09. The company had revenue of $28.92 billion during the quarter, compared to the consensus estimate of $28.42 billion. Microsoft had a return on equity of 35.41% and a net margin of 11.72%. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.83 EPS. equities analysts predict that Microsoft will post 3.62 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend is Wednesday, February 14th. Microsoft’s payout ratio is presently 114.29%.

In other news, EVP Christopher C. Capossela sold 4,000 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $83.44, for a total value of $333,760.00. Following the sale, the executive vice president now owns 184,278 shares in the company, valued at approximately $15,376,156.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Frank H. Brod sold 18,000 shares of the business’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $83.15, for a total transaction of $1,496,700.00. The disclosure for this sale can be found here. Insiders have sold 26,000 shares of company stock worth $2,164,380 in the last quarter. Corporate insiders own 1.49% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Nottingham Advisors Inc. raised its stake in Microsoft by 0.4% in the 2nd quarter. Nottingham Advisors Inc. now owns 5,399 shares of the software giant’s stock valued at $372,000 after acquiring an additional 22 shares during the period. Carderock Capital Management Inc. increased its position 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 buying an additional 26 shares during the period. AlphaMark Advisors LLC increased its position in Microsoft by 1.1% during the 2nd quarter. AlphaMark Advisors LLC now owns 2,677 shares of the software giant’s stock worth $185,000 after buying an additional 30 shares during the period. Bank of Stockton increased its position in Microsoft by 0.3% during the 2nd quarter. Bank of Stockton now owns 13,396 shares of the software giant’s stock worth $922,000 after buying an additional 36 shares during the period. Finally, Simonbaker & Partners LLC increased its position in Microsoft by 0.4% during the 2nd quarter. Simonbaker & Partners LLC now owns 11,364 shares of the software giant’s stock worth $783,000 after buying an additional 40 shares during the period. 73.22% of the stock is owned by institutional investors.

Several equities research analysts have recently commented on the stock. Argus upgraded shares of Microsoft from a “hold” rating to a “buy” rating and boosted their target price for the company from $57.28 to $95.00 in a research note on Tuesday, October 31st. ValuEngine upgraded shares of Microsoft from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Vetr downgraded shares of Microsoft from a “buy” rating to a “hold” rating and set a $93.54 target price on the stock. in a research note on Wednesday, January 17th. Instinet initiated coverage on Microsoft in a report on Thursday, January 25th. They issued a “buy” rating for the company. Finally, Goldman Sachs Group set a $92.00 price target on Microsoft and gave the company a “buy” rating in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and thirty-one have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $99.09.

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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.

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