Microsoft Corporation (MSFT) Stock Could Soon Reward Patient Investors

Microsoft Corporation (NASDAQ: MSFT) is 11.84% higher on its value in year-to-date trading and has touched a low of $245.61 and a high of $415.56 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MSFT stock was last observed hovering at around $414.11 in the last trading session, with the day’s gains setting it 6.44%.

Currently trading at $420.55, the stock is 4.84% and 9.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 22.03 million and changing 1.56% at the moment leaves the stock 21.89% off its SMA200. MSFT registered 57.67% gain for a year compared to 6-month gain of 30.23%. The firm has a 50-day simple moving average (SMA 50) of $13.76 and a 200-day simple moving average (SMA200) of $25.90.

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The stock witnessed a 9.87% loss in the last 1 month and extending the period to 3 months gives it a 15.79%, and is 2.27% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.37% over the week and 1.61% over the month.

Microsoft Corporation (MSFT) has around Feb 14 2024 employees, a market worth around $3124.87B and $227.58B in sales. Current P/E ratio is 38.04 and Fwd P/E is 31.47. Profit margin for the company is 36.27%. Distance from 52-week low is 71.23% and 1.20% from its 52-week high. The company has generated returns on investments over the last 12 months (26.13%).

Microsoft Corporation quarterly earnings per share for the current quarter are estimated at $2.82 with sales reaching $60.81B over the same period.The EPS is expected to grow by 18.57% this year, but quarterly earnings will post 15.20% year-over-year.

Microsoft Corporation (MSFT) Top Institutional Holders

6,552 institutions hold shares in Microsoft Corporation (MSFT), with institutional investors hold 73.17% of the company’s shares. The shares outstanding are 7.43B, and float is at 7.32B with Short Float at 0.68%. Institutions hold 73.12% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 653.25 million shares valued at $222.46 billion. The investor’s holdings represent 8.79% of the MSFT Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 536.25 million shares valued at $182.61 billion to account for 7.22% of the shares outstanding. The other top investors are State Street Corporation which holds 293.61 million shares representing 3.95% and valued at over $99.99 billion, while FMR, LLC holds 2.83% of the shares totaling 210.11 million with a market value of $71.55 billion.

Microsoft Corporation (MSFT) Insider Activity

A total of 45 insider transactions have happened at Microsoft Corporation (MSFT) in the last six months, with sales accounting for 26 and purchases happening 19 times. The most recent transaction is an insider sale by SMITH BRADFORD L ,the company’sVice Chair and President. SEC filings show that SMITH BRADFORD L sold 3,303 shares of the company’s common stock on Feb 05 at a price of $406.12 per share for a total of $1.34 million. Following the sale, the insider now owns 0.57 million shares.

Microsoft Corporation disclosed in a document filed with the SEC on Feb 02 that SMITH BRADFORD L (Vice Chair and President) sold a total of 45,000 shares of the company’s common stock. The trade occurred on Feb 02 and was made at $411.78 per share for $18.53 million. Following the transaction, the insider now directly holds 0.57 million shares of the MSFT stock.

Still, SEC filings show that on Dec 08, Hogan Kathleen T (EVP, Chief Human Resources Off) disposed off 24,681 shares at an average price of $369.00 for $9.11 million. The insider now directly holds 183,761 shares of Microsoft Corporation (MSFT).

Microsoft Corporation (MSFT): Who are the competitors?

The company’s main competitors (and peers) include Apple Inc. (AAPL) that is trading 22.75% up over the past 12 months. Alphabet Inc. Cl C (GOOG) that is 58.13% higher over the same period.