Microsoft Co. (MSFT) EVP Sells $630,100.00 in Stock

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Microsoft Co. (NASDAQ:MSFT) EVP Christopher C. Capossela sold 5,000 shares of the stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $126.02, for a total transaction of $630,100.00. Following the completion of the sale, the executive vice president now directly owns 144,934 shares of the company’s stock, valued at $18,264,582.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Christopher C. Capossela also recently made the following trade(s):

  • On Friday, May 3rd, Christopher C. Capossela sold 3,000 shares of Microsoft stock. The stock was sold at an average price of $128.87, for a total transaction of $386,610.00.

MSFT stock traded up $1.29 during trading on Wednesday, hitting $126.02. 21,818,906 shares of the company’s stock traded hands, compared to its average volume of 27,046,678. Microsoft Co. has a 52 week low of $93.96 and a 52 week high of $131.37. The company has a quick ratio of 2.93, a current ratio of 2.97 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $955.16 billion, a P/E ratio of 32.48, a price-to-earnings-growth ratio of 2.17 and a beta of 1.24.

Microsoft (NASDAQ:MSFT) last released its earnings results on Wednesday, April 24th. The software giant reported $1.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.00 by $0.14. The firm had revenue of $30.57 billion during the quarter, compared to analyst estimates of $29.86 billion. Microsoft had a net margin of 28.58% and a return on equity of 39.34%. The business’s revenue was up 14.0% on a year-over-year basis. During the same quarter last year, the business earned $0.95 EPS. As a group, analysts anticipate that Microsoft Co. will post 4.58 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Wednesday, May 15th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $1.84 annualized dividend and a dividend yield of 1.46%. Microsoft’s dividend payout ratio (DPR) is presently 47.42%.

Several equities analysts recently weighed in on the stock. Credit Suisse Group reaffirmed a “buy” rating and set a $125.00 target price on shares of Microsoft in a research note on Friday, March 22nd. KeyCorp reaffirmed a “buy” rating and set a $141.00 target price (up from $125.00) on shares of Microsoft in a research note on Wednesday, April 17th. JPMorgan Chase & Co. raised their target price on shares of Microsoft from $125.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, April 25th. Wedbush raised their target price on shares of Microsoft from $150.00 to $155.00 and gave the company an “outperform” rating in a research note on Thursday, April 25th. Finally, Mizuho reaffirmed a “top pick” rating and set a $142.00 target price (up from $135.00) on shares of Microsoft in a research note on Thursday, April 25th. One analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-six have issued a buy rating and three have issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $135.14.

Several institutional investors have recently added to or reduced their stakes in MSFT. Advisors Asset Management Inc. increased its stake in Microsoft by 1.8% in the 1st quarter. Advisors Asset Management Inc. now owns 978,401 shares of the software giant’s stock worth $115,393,000 after buying an additional 17,605 shares during the period. Colonial Trust Advisors increased its position in Microsoft by 11.5% during the 1st quarter. Colonial Trust Advisors now owns 174,995 shares of the software giant’s stock valued at $20,639,000 after purchasing an additional 18,115 shares during the period. SEI Investments Co increased its position in Microsoft by 17.9% during the 1st quarter. SEI Investments Co now owns 5,094,713 shares of the software giant’s stock valued at $600,907,000 after purchasing an additional 774,671 shares during the period. Institute for Wealth Management LLC. purchased a new position in Microsoft during the 1st quarter valued at about $8,747,000. Finally, Marsico Capital Management LLC increased its position in Microsoft by 0.3% during the 1st quarter. Marsico Capital Management LLC now owns 652,121 shares of the software giant’s stock valued at $76,911,000 after purchasing an additional 1,994 shares during the period. Hedge funds and other institutional investors own 73.14% of the company’s stock.

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About Microsoft

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

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