Microsoft (NASDAQ:MSFT) EVP Amy Coleman Sells 1,262 Shares

Microsoft Corporation (NASDAQ:MSFTGet Free Report) EVP Amy Coleman sold 1,262 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $411.34, for a total transaction of $519,111.08. Following the completion of the sale, the executive vice president directly owned 46,003 shares in the company, valued at approximately $18,922,874.02. This represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Microsoft Trading Up 0.4%

Shares of MSFT opened at $423.54 on Tuesday. Microsoft Corporation has a twelve month low of $356.28 and a twelve month high of $555.45. The company has a market cap of $3.15 trillion, a P/E ratio of 25.21, a P/E/G ratio of 1.52 and a beta of 1.10. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of 0.08. The company’s fifty day simple moving average is $398.43 and its 200-day simple moving average is $439.92.

Microsoft (NASDAQ:MSFTGet Free Report) last announced its earnings results on Wednesday, April 29th. The software giant reported $4.27 earnings per share for the quarter, beating the consensus estimate of $4.06 by $0.21. Microsoft had a net margin of 39.34% and a return on equity of 31.94%. The business had revenue of $82.89 billion for the quarter, compared to the consensus estimate of $81.44 billion. During the same quarter in the prior year, the firm posted $3.46 earnings per share. The business’s revenue for the quarter was up 18.3% on a year-over-year basis. As a group, analysts expect that Microsoft Corporation will post 16.76 EPS for the current year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be paid a $0.91 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $3.64 annualized dividend and a dividend yield of 0.9%. Microsoft’s dividend payout ratio is currently 21.67%.

Institutional Trading of Microsoft

Institutional investors have recently modified their holdings of the company. Longfellow Investment Management Co. LLC boosted its holdings in shares of Microsoft by 51.3% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant’s stock valued at $29,000 after buying an additional 20 shares in the last quarter. Bernzott Capital Advisors bought a new stake in shares of Microsoft in the 4th quarter valued at about $34,000. Bayforest Capital Ltd bought a new stake in shares of Microsoft in the 3rd quarter valued at about $38,000. Timmons Wealth Management LLC bought a new stake in shares of Microsoft in the 4th quarter valued at about $36,000. Finally, Fairway Wealth LLC boosted its holdings in shares of Microsoft by 287.0% in the 4th quarter. Fairway Wealth LLC now owns 89 shares of the software giant’s stock valued at $43,000 after buying an additional 66 shares in the last quarter. 71.13% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on MSFT. Wolfe Research reduced their price target on shares of Microsoft from $625.00 to $530.00 and set an “outperform” rating on the stock in a research note on Thursday, January 29th. New Street Research reduced their price target on shares of Microsoft from $675.00 to $600.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Bank of America began coverage on shares of Microsoft in a research note on Tuesday, March 24th. They issued a “buy” rating and a $500.00 price target on the stock. HSBC reduced their price target on shares of Microsoft from $593.00 to $571.00 in a research note on Thursday, April 30th. Finally, Evercore reduced their price target on shares of Microsoft from $580.00 to $510.00 and set an “outperform” rating on the stock in a research note on Thursday, April 30th. Thirty-nine analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $560.88.

Read Our Latest Stock Report on MSFT

Microsoft News Roundup

Here are the key news stories impacting Microsoft this week:

Microsoft Company Profile

(Get Free Report)

Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.

Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).

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Insider Buying and Selling by Quarter for Microsoft (NASDAQ:MSFT)

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