Insider Selling: Microsoft Co. (NASDAQ:MSFT) EVP Sells 35,000 Shares of Stock

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Microsoft Co. (NASDAQ:MSFT) EVP Margaret L. Johnson sold 35,000 shares of the stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $150.01, for a total value of $5,250,350.00. Following the completion of the sale, the executive vice president now owns 62,423 shares of the company’s stock, valued at $9,364,074.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

MSFT traded up $0.04 during trading on Tuesday, reaching $151.41. 9,440,404 shares of the stock traded hands, compared to its average volume of 18,907,972. The company has a quick ratio of 2.81, a current ratio of 2.85 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $1,154.62 billion, a PE ratio of 31.87, a P/E/G ratio of 2.38 and a beta of 1.23. The stock’s 50-day moving average is $146.75 and its 200 day moving average is $138.45. Microsoft Co. has a 12 month low of $93.96 and a 12 month high of $152.50.

Microsoft (NASDAQ:MSFT) last issued its quarterly earnings results on Wednesday, October 23rd. The software giant reported $1.38 EPS for the quarter, beating the Zacks’ consensus estimate of $1.24 by $0.14. The business had revenue of $33.06 billion for the quarter, compared to analysts’ expectations of $32.24 billion. Microsoft had a net margin of 31.66% and a return on equity of 39.14%. The business’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.14 earnings per share. As a group, equities research analysts anticipate that Microsoft Co. will post 5.35 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 20th will be given a dividend of $0.51 per share. The ex-dividend date is Wednesday, February 19th. This represents a $2.04 dividend on an annualized basis and a yield of 1.35%. Microsoft’s dividend payout ratio (DPR) is currently 42.95%.

Microsoft declared that its board has initiated a share buyback program on Wednesday, September 18th that authorizes the company to buyback $40.00 billion in outstanding shares. This buyback authorization authorizes the software giant to reacquire up to 3.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

A number of analysts recently weighed in on MSFT shares. Wells Fargo & Co restated a “buy” rating on shares of Microsoft in a report on Monday. Credit Suisse Group restated an “outperform” rating on shares of Microsoft in a report on Monday, November 18th. Zacks Investment Research upgraded Microsoft from a “hold” rating to a “buy” rating and set a $147.00 price objective for the company in a report on Friday, October 25th. ValuEngine downgraded Microsoft from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Wedbush restated an “outperform” rating on shares of Microsoft in a report on Friday, November 15th. One investment analyst has rated the stock with a hold rating, thirty have assigned a buy rating and two have assigned a strong buy rating to the stock. Microsoft presently has a consensus rating of “Buy” and an average target price of $159.69.

Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Microsoft by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 613,005,516 shares of the software giant’s stock worth $82,118,218,000 after acquiring an additional 7,724,483 shares during the last quarter. Northern Trust Corp increased its stake in Microsoft by 0.4% in the 2nd quarter. Northern Trust Corp now owns 96,567,563 shares of the software giant’s stock valued at $12,936,190,000 after buying an additional 385,074 shares during the last quarter. Nuveen Asset Management LLC increased its stake in Microsoft by 2,651.8% in the 2nd quarter. Nuveen Asset Management LLC now owns 67,353,275 shares of the software giant’s stock valued at $9,022,645,000 after buying an additional 64,905,685 shares during the last quarter. Janus Henderson Group PLC increased its stake in Microsoft by 0.7% in the 2nd quarter. Janus Henderson Group PLC now owns 52,986,086 shares of the software giant’s stock valued at $7,097,675,000 after buying an additional 342,648 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Microsoft by 2.3% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 34,368,268 shares of the software giant’s stock valued at $4,603,974,000 after buying an additional 782,124 shares during the last quarter. 71.82% of the stock is currently owned by institutional investors.

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

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