Microsoft (NASDAQ:MSFT) Trading 0% Higher

Microsoft Co. (NASDAQ:MSFTGet Free Report)’s share price shot up 0% on Monday . The stock traded as high as $444.28 and last traded at $442.77. 3,728,704 shares traded hands during trading, a decline of 82% from the average session volume of 20,823,617 shares. The stock had previously closed at $442.57.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on MSFT shares. The Goldman Sachs Group increased their price target on Microsoft from $450.00 to $515.00 and gave the stock a “buy” rating in a research note on Friday, April 26th. Wedbush reiterated an “outperform” rating and issued a $500.00 target price on shares of Microsoft in a research report on Wednesday, May 22nd. Macquarie boosted their price target on shares of Microsoft from $460.00 to $475.00 and gave the stock an “outperform” rating in a research report on Friday, May 17th. Tigress Financial upped their price target on shares of Microsoft from $475.00 to $550.00 and gave the stock a “buy” rating in a research note on Thursday, June 13th. Finally, BMO Capital Markets raised their price objective on shares of Microsoft from $455.00 to $465.00 and gave the company an “outperform” rating in a research note on Friday, April 12th. Three equities research analysts have rated the stock with a hold rating and thirty-three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Microsoft has an average rating of “Moderate Buy” and an average target price of $465.83.

View Our Latest Analysis on MSFT

Microsoft Price Performance

The company has a debt-to-equity ratio of 0.17, a current ratio of 1.24 and a quick ratio of 1.23. The firm has a market cap of $3.32 trillion, a price-to-earnings ratio of 38.64, a price-to-earnings-growth ratio of 2.37 and a beta of 0.89. The stock’s fifty day moving average price is $418.59 and its 200-day moving average price is $405.81.

Microsoft (NASDAQ:MSFTGet Free Report) last announced its earnings results on Thursday, April 25th. The software giant reported $2.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.81 by $0.13. The company had revenue of $61.86 billion for the quarter, compared to the consensus estimate of $60.86 billion. Microsoft had a net margin of 36.43% and a return on equity of 37.54%. The company’s revenue was up 17.0% on a year-over-year basis. During the same period in the previous year, the business earned $2.45 EPS. Equities research analysts predict that Microsoft Co. will post 11.77 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 15th will be paid a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend is Thursday, August 15th. Microsoft’s dividend payout ratio is currently 25.97%.

Insiders Place Their Bets

In other news, CMO Takeshi Numoto sold 244 shares of the stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $415.53, for a total value of $101,389.32. Following the completion of the sale, the chief marketing officer now directly owns 47,011 shares of the company’s stock, valued at $19,534,480.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Microsoft news, EVP Judson Althoff sold 25,000 shares of Microsoft stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $425.68, for a total transaction of $10,642,000.00. Following the completion of the sale, the executive vice president now owns 104,949 shares of the company’s stock, valued at approximately $44,674,690.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CMO Takeshi Numoto sold 244 shares of the company’s stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $415.53, for a total transaction of $101,389.32. Following the completion of the transaction, the chief marketing officer now directly owns 47,011 shares in the company, valued at $19,534,480.83. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,566 shares of company stock worth $10,877,535. 0.03% of the stock is currently owned by company insiders.

Institutional Trading of Microsoft

A number of institutional investors have recently bought and sold shares of the company. Friedenthal Financial acquired a new stake in shares of Microsoft during the 4th quarter valued at about $45,000. Neo Ivy Capital Management acquired a new stake in Microsoft in the fourth quarter valued at approximately $58,000. Richardson Capital Management LLC grew its position in Microsoft by 1,290.0% in the first quarter. Richardson Capital Management LLC now owns 139 shares of the software giant’s stock worth $59,000 after acquiring an additional 129 shares in the last quarter. PayPay Securities Corp raised its holdings in shares of Microsoft by 23.7% during the 4th quarter. PayPay Securities Corp now owns 188 shares of the software giant’s stock valued at $71,000 after purchasing an additional 36 shares in the last quarter. Finally, Bellevue Group AG lifted its stake in shares of Microsoft by 47.5% in the 1st quarter. Bellevue Group AG now owns 180 shares of the software giant’s stock valued at $76,000 after purchasing an additional 58 shares during the last quarter. Institutional investors and hedge funds own 71.13% of the company’s stock.

Microsoft Company Profile

(Get Free Report)

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.

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