Christopher C. Capossela Sells 3,372 Shares of Microsoft Co. (NASDAQ:MSFT) Stock

Microsoft Co. (NASDAQ:MSFT) CMO Christopher C. Capossela sold 3,372 shares of Microsoft stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $138.06, for a total value of $465,538.32. Following the sale, the chief marketing officer now directly owns 136,623 shares of the company’s stock, valued at $18,862,171.38. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

MSFT stock traded down $4.69 on Monday, hitting $132.21. 36,485,006 shares of the company’s stock were exchanged, compared to its average volume of 25,898,451. Microsoft Co. has a 12-month low of $93.96 and a 12-month high of $141.68. The stock’s 50 day simple moving average is $137.10. The company has a current ratio of 2.53, a quick ratio of 2.50 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $1,049.04 billion, a PE ratio of 27.83, a P/E/G ratio of 2.39 and a beta of 1.23.

Microsoft (NASDAQ:MSFT) last announced its earnings results on Thursday, July 18th. The software giant reported $1.37 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.21 by $0.16. Microsoft had a return on equity of 39.26% and a net margin of 31.18%. The firm had revenue of $33.72 billion for the quarter, compared to the consensus estimate of $32.80 billion. During the same period in the previous year, the business earned $1.13 EPS. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. As a group, sell-side analysts forecast that Microsoft Co. will post 5.21 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Thursday, August 15th will be paid a dividend of $0.46 per share. The ex-dividend date of this dividend is Wednesday, August 14th. This represents a $1.84 annualized dividend and a yield of 1.39%. Microsoft’s dividend payout ratio (DPR) is 38.74%.

MSFT has been the subject of a number of research analyst reports. UBS Group set a $162.00 target price on Microsoft and gave the company a “buy” rating in a research report on Friday, July 19th. Nomura lifted their target price on Microsoft from $124.00 to $131.00 and gave the company a “buy” rating in a research report on Thursday, April 25th. Deutsche Bank set a $155.00 target price on Microsoft and gave the company a “buy” rating in a research report on Wednesday, July 17th. CIBC boosted their price target on Microsoft from $145.00 to $160.00 and gave the stock an “outperform” rating in a research report on Friday, July 19th. Finally, Morgan Stanley boosted their price target on Microsoft from $145.00 to $155.00 and gave the stock an “overweight” rating in a research report on Friday, July 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, twenty-eight have assigned a buy rating and two have issued a strong buy rating to the stock. Microsoft currently has a consensus rating of “Buy” and a consensus price target of $149.21.

A number of hedge funds have recently made changes to their positions in MSFT. Guardian Investment Management grew its stake in Microsoft by 4.2% during the 4th quarter. Guardian Investment Management now owns 30,770 shares of the software giant’s stock valued at $3,125,000 after purchasing an additional 1,240 shares during the last quarter. Empirical Finance LLC grew its stake in Microsoft by 3.5% during the 2nd quarter. Empirical Finance LLC now owns 8,707 shares of the software giant’s stock valued at $1,166,000 after purchasing an additional 295 shares during the last quarter. Navellier & Associates Inc grew its stake in Microsoft by 0.6% during the 2nd quarter. Navellier & Associates Inc now owns 15,304 shares of the software giant’s stock valued at $2,050,000 after purchasing an additional 95 shares during the last quarter. Legacy Financial Strategies LLC purchased a new stake in Microsoft during the 2nd quarter valued at about $211,000. Finally, Ocean Capital Management LLC grew its stake in Microsoft by 12.3% during the 1st quarter. Ocean Capital Management LLC now owns 8,199 shares of the software giant’s stock valued at $967,000 after purchasing an additional 895 shares during the last quarter. Hedge funds and other institutional investors own 72.09% of the company’s stock.

Microsoft Company Profile

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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