Rep. Richard McCormick Sells Off Shares of Microsoft Corporation (NASDAQ:MSFT)

Key Points

• Representative Richard McCormick sold shares of Microsoft Corporation (NASDAQ:MSFT), disclosing a transaction worth between $1,001 and $15,000 on September 18th.
• Microsoft has declared a quarterly dividend of $0.91 per share, with an ex-dividend date of November 20th, marking an increase from the previous dividend of $0.83.
• Wall Street analysts have generally rated Microsoft positively, with multiple firms setting price targets above $600 per share, indicating expected growth in the company’s stock value.

Representative Richard McCormick (R-Georgia) recently sold shares of Microsoft Corporation NASDAQ: MSFT. In a filing disclosed on October 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Microsoft stock on September 18th. The trade occurred in the Representative's "GROWTH PARTNERS ROTH IRA" account.

Representative Richard McCormick also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of UnitedHealth Group NYSE: UNH on 9/18/2025.
• Sold $1,001 - $15,000 in shares of L3Harris Technologies NYSE: LHX on 9/18/2025.
• Sold $1,001 - $15,000 in shares of BlackRock NYSE: BLK on 9/18/2025.

Microsoft Trading Down 0.5%

Shares of MSFT opened at $522.40 on Friday. The stock has a fifty day moving average of $513.39 and a two-hundred day moving average of $470.36. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.35 and a current ratio of 1.35. The company has a market capitalization of $3.88 trillion, a PE ratio of 38.30, a price-to-earnings-growth ratio of 2.29 and a beta of 1.03. Microsoft Corporation has a fifty-two week low of $344.79 and a fifty-two week high of $555.45.

Microsoft (NASDAQ:MSFT - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, beating the consensus estimate of $3.35 by $0.30. The company had revenue of $76.44 billion during the quarter, compared to the consensus estimate of $73.79 billion. Microsoft had a return on equity of 32.44% and a net margin of 36.15%.Microsoft's revenue was up 18.1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.95 EPS. Microsoft has set its Q1 2026 guidance at EPS. As a group, analysts forecast that Microsoft Corporation will post 13.08 EPS for the current year.

Microsoft Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be issued a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.7%. This is a positive change from Microsoft's previous quarterly dividend of $0.83. The ex-dividend date of this dividend is Thursday, November 20th. Microsoft's payout ratio is presently 24.34%.

Wall Street Analysts Forecast Growth

MSFT has been the subject of several analyst reports. Royal Bank Of Canada reiterated a "buy" rating and issued a $640.00 price target on shares of Microsoft in a report on Friday, October 3rd. BMO Capital Markets boosted their price target on Microsoft from $550.00 to $650.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Wedbush boosted their price target on Microsoft from $600.00 to $625.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Sanford C. Bernstein boosted their price target on Microsoft from $540.00 to $637.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Finally, Raymond James Financial boosted their price target on Microsoft from $490.00 to $570.00 and gave the company an "outperform" rating in a report on Monday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Microsoft has an average rating of "Moderate Buy" and an average price target of $618.47.

Insider Transactions at Microsoft

In other Microsoft news, EVP Takeshi Numoto sold 4,850 shares of the company's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $527.32, for a total value of $2,557,502.00. Following the completion of the transaction, the executive vice president directly owned 39,111 shares of the company's stock, valued at $20,624,012.52. This represents a 11.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Satya Nadella sold 149,205 shares of the company's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $504.78, for a total transaction of $75,315,699.90. Following the completion of the transaction, the chief executive officer directly owned 790,852 shares of the company's stock, valued at approximately $399,206,272.56. The trade was a 15.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company's stock.

Institutional Trading of Microsoft

A number of institutional investors have recently added to or reduced their stakes in the business. WFA Asset Management Corp boosted its position in Microsoft by 27.0% in the 1st quarter. WFA Asset Management Corp now owns 1,016 shares of the software giant's stock valued at $427,000 after buying an additional 216 shares during the last quarter. Ironwood Wealth Management LLC. boosted its position in Microsoft by 0.3% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 12,658 shares of the software giant's stock valued at $5,658,000 after buying an additional 38 shares during the last quarter. Discipline Wealth Solutions LLC boosted its position in Microsoft by 410.4% in the 3rd quarter. Discipline Wealth Solutions LLC now owns 2,659 shares of the software giant's stock valued at $1,144,000 after buying an additional 2,138 shares during the last quarter. Wealth Group Ltd. boosted its position in Microsoft by 1.2% in the 4th quarter. Wealth Group Ltd. now owns 2,374 shares of the software giant's stock valued at $1,000,000 after buying an additional 28 shares during the last quarter. Finally, Eagle Capital Management LLC boosted its position in Microsoft by 0.4% in the 4th quarter. Eagle Capital Management LLC now owns 23,097 shares of the software giant's stock valued at $9,735,000 after buying an additional 96 shares during the last quarter. 71.13% of the stock is owned by hedge funds and other institutional investors.

About Representative McCormick

Rich McCormick (Republican Party) is a member of the U.S. House, representing Georgia's 7th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. McCormick (Republican Party) is running for re-election to the U.S. House to represent Georgia's 7th Congressional District. He declared candidacy for the 2026 election. Rich McCormick lives in Suwanee, Georgia. McCormick served in the U.S. Marine Corps and the U.S. Navy. He earned an M.B.A. from National University and an M.D. from Morehouse School of Medicine. McCormick's career experience includes working as an emergency medicine physician with Gwinnett Medical Center and Northside Hospital, a Marine officer instructor with Georgia Tech and Morehouse College, and a pilot.

About Microsoft

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.