Microsoft (NASDAQ:MSFT) received a $100.00 target price from stock analysts at Oppenheimer in a research note issued on Monday. The firm currently has a “buy” rating on the software giant’s stock. Oppenheimer’s target price would suggest a potential upside of 16.90% from the company’s previous close.
Several other brokerages have also recently weighed in on MSFT. ValuEngine raised Microsoft from a “hold” rating to a “buy” rating in a research note on Sunday. Royal Bank of Canada set a $100.00 target price on Microsoft and gave the company a “buy” rating in a research note on Tuesday, December 26th. Zacks Investment Research raised Microsoft from a “hold” rating to a “buy” rating and set a $96.00 target price for the company in a research note on Tuesday, December 26th. UBS Group set a $105.00 target price on Microsoft and gave the company a “buy” rating in a research note on Thursday, November 9th. Finally, Tigress Financial reaffirmed a “buy” rating on shares of Microsoft in a research note on Tuesday, November 7th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirty-two have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $85.87.
Microsoft (NASDAQ MSFT) opened at $85.54 on Monday. Microsoft has a 52 week low of $61.95 and a 52 week high of $87.50. The stock has a market capitalization of $659,906.06, a price-to-earnings ratio of 29.10, a PEG ratio of 1.99 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 other news, EVP Christopher C. Capossela sold 4,000 shares of the firm’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $83.46, for a total transaction of $333,840.00. Following the completion of the sale, the executive vice president now directly owns 189,278 shares of the company’s stock, valued at approximately $15,797,141.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Frank H. Brod sold 15,000 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $84.08, for a total value of $1,261,200.00. Following the sale, the insider now directly owns 116,205 shares of the company’s stock, valued at $9,770,516.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 45,000 shares of company stock valued at $3,759,420. Company insiders own 1.49% of the company’s stock.
Several institutional investors and hedge funds have recently bought and sold shares of MSFT. Acrospire Investment Management LLC increased its holdings in shares of Microsoft by 300.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,600 shares of the software giant’s stock valued at $110,000 after acquiring an additional 1,200 shares during the last quarter. Hefty Wealth Partners increased its holdings in shares of Microsoft by 65.6% during the 2nd quarter. Hefty Wealth Partners now owns 1,648 shares of the software giant’s stock valued at $113,000 after acquiring an additional 653 shares during the last quarter. Stelac Advisory Services LLC increased its holdings in shares of Microsoft by 23.5% during the 2nd quarter. Stelac Advisory Services LLC now owns 2,033 shares of the software giant’s stock valued at $140,000 after acquiring an additional 387 shares during the last quarter. Pacific Center for Financial Services increased its holdings in shares of Microsoft by 3.0% during the 2nd quarter. Pacific Center for Financial Services now owns 2,572 shares of the software giant’s stock valued at $177,000 after acquiring an additional 75 shares during the last quarter. Finally, AlphaMark Advisors LLC increased its holdings in shares of Microsoft by 1.1% during the 2nd quarter. AlphaMark Advisors LLC now owns 2,677 shares of the software giant’s stock valued at $185,000 after acquiring an additional 30 shares during the last quarter. 73.16% of the stock is owned by institutional investors.
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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.
