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Microsoft (NASDAQ:MSFT) Stock Price Down 0.1% - Should You Sell?

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Microsoft Co. (NASDAQ:MSFT - Get Free Report) was down 0.1% on Tuesday . The stock traded as low as $431.17 and last traded at $435.82. Approximately 4,518,711 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 21,301,405 shares. The stock had previously closed at $436.17.

Wall Street Analyst Weigh In

MSFT has been the subject of several research analyst reports. Piper Sandler reiterated a "neutral" rating on shares of Microsoft in a research report on Thursday, May 1st. Tigress Financial lifted their price target on Microsoft from $550.00 to $595.00 and gave the stock a "buy" rating in a report on Thursday, March 20th. Scotiabank lifted their price objective on shares of Microsoft from $470.00 to $500.00 and gave the stock a "sector outperform" rating in a research report on Thursday, May 1st. The Goldman Sachs Group upped their target price on Microsoft from $450.00 to $480.00 and gave the company a "buy" rating in a research report on Thursday, May 1st. Finally, StockNews.com upgraded shares of Microsoft from a "hold" rating to a "buy" rating in a research note on Monday. Five analysts have rated the stock with a hold rating and thirty-one have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $507.77.

Check Out Our Latest Analysis on MSFT

Microsoft Stock Performance

The stock has a 50 day moving average price of $387.20 and a two-hundred day moving average price of $411.42. The company has a market cap of $3.27 trillion, a P/E ratio of 35.48, a price-to-earnings-growth ratio of 2.21 and a beta of 0.99. The company has a quick ratio of 1.34, a current ratio of 1.35 and a debt-to-equity ratio of 0.13.

Microsoft (NASDAQ:MSFT - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The software giant reported $3.46 EPS for the quarter, topping the consensus estimate of $3.22 by $0.24. The business had revenue of $70.07 billion for the quarter, compared to analyst estimates of $68.54 billion. Microsoft had a net margin of 35.43% and a return on equity of 33.36%. The company's revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.94 earnings per share. On average, research analysts predict that Microsoft Co. will post 13.08 earnings per share for the current fiscal year.

Microsoft Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 15th will be paid a $0.83 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.32 dividend on an annualized basis and a yield of 0.75%. Microsoft's dividend payout ratio is presently 25.66%.

Insider Transactions at Microsoft

In other news, insider Bradford L. Smith sold 6,000 shares of Microsoft stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $433.17, for a total value of $2,599,020.00. Following the sale, the insider now directly owns 471,036 shares in the company, valued at approximately $204,038,664.12. This trade represents a 1.26 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.03% of the company's stock.

Institutional Trading of Microsoft

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Ball & Co Wealth Management Inc. purchased a new stake in Microsoft in the 4th quarter worth $31,000. Newton One Investments LLC boosted its holdings in shares of Microsoft by 66.7% in the 1st quarter. Newton One Investments LLC now owns 75 shares of the software giant's stock valued at $28,000 after acquiring an additional 30 shares during the last quarter. Fiduciary Advisors Inc. purchased a new stake in shares of Microsoft during the 4th quarter worth about $38,000. IFS Advisors LLC raised its position in Microsoft by 53.8% during the fourth quarter. IFS Advisors LLC now owns 100 shares of the software giant's stock worth $42,000 after acquiring an additional 35 shares during the period. Finally, LSV Asset Management purchased a new stake in shares of Microsoft during the fourth quarter worth approximately $44,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

About Microsoft

(Get Free Report)

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.

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