Microsoft Corporation (NASDAQ:MSFT) was upgraded by equities researchers at Vetr from a “sell” rating to a “hold” rating in a research note issued on Tuesday. The firm presently has a $82.07 target price on the software giant’s stock. Vetr‘s target price would suggest a potential downside of 2.17% from the stock’s previous close.

Several other equities research analysts have also issued reports on MSFT. Canaccord Genuity reissued a “buy” rating and issued a $94.00 price target (up previously from $86.00) on shares of Microsoft Corporation in a report on Friday. Goldman Sachs Group, Inc. (The) set a $92.00 price target on shares of Microsoft Corporation and gave the company a “buy” rating in a report on Friday. Credit Suisse Group reissued a “buy” rating and issued a $95.00 price target on shares of Microsoft Corporation in a report on Friday. Barclays PLC reissued an “overweight” rating and issued a $89.00 price target (up previously from $82.00) on shares of Microsoft Corporation in a report on Friday. Finally, Morgan Stanley set a $88.00 price target on shares of Microsoft Corporation and gave the company a “buy” rating in a report on Friday. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and twenty-eight have assigned a buy rating to the stock. Microsoft Corporation currently has a consensus rating of “Buy” and a consensus price target of $81.49.

Microsoft Corporation (MSFT) opened at 83.89 on Tuesday. The firm has a market capitalization of $646.14 billion, a price-to-earnings ratio of 30.96 and a beta of 1.01. The firm’s 50-day moving average is $76.36 and its 200 day moving average is $72.24. Microsoft Corporation has a one year low of $57.28 and a one year high of $86.20.

Microsoft Corporation (NASDAQ:MSFT) last announced its quarterly earnings results on Thursday, October 26th. The software giant reported $0.84 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.72 by $0.12. The firm had revenue of $24.50 billion for the quarter, compared to analyst estimates of $23.57 billion. Microsoft Corporation had a net margin of 24.56% and a return on equity of 35.23%. The business’s revenue for the quarter was up 11.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.76 EPS. Analysts forecast that Microsoft Corporation will post $3.35 EPS for the current fiscal year.

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In related news, insider Jean Philippe Courtois sold 26,763 shares of the firm’s stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $74.00, for a total value of $1,980,462.00. Following the completion of the transaction, the insider now directly owns 537,519 shares of the company’s stock, valued at $39,776,406. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Amy Hood sold 55,000 shares of the firm’s stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $72.71, for a total transaction of $3,999,050.00. Following the completion of the transaction, the chief financial officer now directly owns 510,217 shares of the company’s stock, valued at $37,097,878.07. The disclosure for this sale can be found here. Insiders sold 7,081,763 shares of company stock valued at $513,899,512 over the last three months. 1.49% of the stock is owned by company insiders.

Several large investors have recently added to or reduced their stakes in the stock. Perennial Advisors LLC grew its stake in shares of Microsoft Corporation by 4.3% in the third quarter. Perennial Advisors LLC now owns 49,774 shares of the software giant’s stock valued at $3,708,000 after buying an additional 2,033 shares in the last quarter. Bbva Compass Bancshares Inc. lifted its holdings in Microsoft Corporation by 0.5% during the 3rd quarter. Bbva Compass Bancshares Inc. now owns 289,591 shares of the software giant’s stock valued at $21,571,000 after purchasing an additional 1,532 shares during the last quarter. Crossvault Capital Management LLC lifted its holdings in Microsoft Corporation by 23.0% during the 3rd quarter. Crossvault Capital Management LLC now owns 74,361 shares of the software giant’s stock valued at $5,539,000 after purchasing an additional 13,900 shares during the last quarter. Deltec Asset Management LLC lifted its holdings in Microsoft Corporation by 50.4% during the 3rd quarter. Deltec Asset Management LLC now owns 103,500 shares of the software giant’s stock valued at $7,710,000 after purchasing an additional 34,700 shares during the last quarter. Finally, FineMark National Bank & Trust lifted its holdings in Microsoft Corporation by 0.3% during the 3rd quarter. FineMark National Bank & Trust now owns 334,602 shares of the software giant’s stock valued at $24,925,000 after purchasing an additional 1,009 shares during the last quarter. 73.35% of the stock is owned by institutional investors and hedge funds.

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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