Microsoft Corporation (NASDAQ:MSFT)‘s stock had its “neutral” rating restated by stock analysts at Morningstar, Inc. in a research report issued to clients and investors on Monday.

MSFT has been the topic of several other research reports. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a $88.00 price target (up previously from $78.00) on shares of Microsoft Corporation in a research note on Tuesday, July 18th. Stifel Nicolaus reiterated a “buy” rating and issued a $73.00 price target on shares of Microsoft Corporation in a research note on Monday, July 17th. Credit Suisse Group reiterated an “outperform” rating on shares of Microsoft Corporation in a research note on Thursday, August 31st. Wells Fargo & Company set a $82.50 price target on Microsoft Corporation and gave the company a “buy” rating in a research note on Friday, July 21st. Finally, Royal Bank Of Canada set a $77.00 price target on Microsoft Corporation and gave the company a “buy” rating in a research note on Monday, July 10th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and twenty-eight have given a buy rating to the company’s stock. Microsoft Corporation currently has an average rating of “Buy” and an average target price of $77.44.

Shares of Microsoft Corporation (NASDAQ MSFT) opened at 77.59 on Monday. The company has a market cap of $597.62 billion, a PE ratio of 28.63 and a beta of 1.01. The stock’s 50 day moving average price is $74.73 and its 200 day moving average price is $71.14. Microsoft Corporation has a one year low of $56.66 and a one year high of $77.87.

Microsoft Corporation (NASDAQ:MSFT) last issued its quarterly earnings results on Thursday, July 20th. The software giant reported $0.98 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.27. Microsoft Corporation had a return on equity of 36.81% and a net margin of 23.57%. The company had revenue of $24.70 billion for the quarter, compared to analyst estimates of $24.29 billion. During the same quarter last year, the company posted $0.69 EPS. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. Equities analysts predict that Microsoft Corporation will post $3.20 earnings per share for the current fiscal year.

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In other Microsoft Corporation news, CFO Amy Hood sold 55,000 shares of the stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $72.71, for a total transaction of $3,999,050.00. Following the sale, the chief financial officer now owns 510,217 shares in the company, valued at $37,097,878.07. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jean Philippe Courtois sold 26,763 shares of the stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $74.00, for a total value of $1,980,462.00. Following the sale, the insider now owns 537,519 shares in the company, valued at approximately $39,776,406. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,108,526 shares of company stock worth $515,879,974. Company insiders own 2.99% of the company’s stock.

Several large investors have recently bought and sold shares of the business. First National Bank of Mount Dora Trust Investment Services lifted its position in shares of Microsoft Corporation by 30.9% during the third quarter. First National Bank of Mount Dora Trust Investment Services now owns 57,133 shares of the software giant’s stock worth $4,256,000 after acquiring an additional 13,473 shares in the last quarter. Beacon Financial Group lifted its position in shares of Microsoft Corporation by 15.5% during the third quarter. Beacon Financial Group now owns 31,409 shares of the software giant’s stock worth $2,340,000 after acquiring an additional 4,218 shares in the last quarter. McQueen Ball & Associates Inc. lifted its position in shares of Microsoft Corporation by 9.5% during the third quarter. McQueen Ball & Associates Inc. now owns 10,054 shares of the software giant’s stock worth $749,000 after acquiring an additional 874 shares in the last quarter. Eqis Capital Management Inc. lifted its position in shares of Microsoft Corporation by 5.5% during the third quarter. Eqis Capital Management Inc. now owns 47,288 shares of the software giant’s stock worth $3,522,000 after acquiring an additional 2,462 shares in the last quarter. Finally, Curbstone Financial Management Corp lifted its position in shares of Microsoft Corporation by 87.6% during the third quarter. Curbstone Financial Management Corp now owns 51,616 shares of the software giant’s stock worth $3,845,000 after acquiring an additional 24,108 shares in the last quarter. Hedge funds and other institutional investors own 73.37% of the company’s stock.

Microsoft Corporation 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.

Analyst Recommendations for Microsoft Corporation (NASDAQ:MSFT)

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