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Microsoft Corporation (MSFT) Analysis & Forecast for 2024

Microsoft Corporation (NASDAQ: MSFT) is 9.96% higher on its value in year-to-date trading and has touched a low of $309.45 and a high of $468.35 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 $416.79 in the last trading session, with the day’s loss setting it -3.3%.

Currently trading at $413.49, the stock is -0.07% and -4.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.12 million and changing -0.79% at the moment leaves the stock 0.99% off its SMA200. MSFT registered 29.23% gain for a year compared to 6-month gain of 1.46%.

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The stock witnessed a -2.77% loss in the last 1 month and extending the period to 3 months gives it a -3.88%, and is -1.91% down 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 1.65% over the week and 1.90% over the month.

Microsoft Corporation (MSFT) has around 228000 employees, a market worth around $3073.49B and $245.12B in sales. Current P/E ratio is 35.04 and Fwd P/E is 26.85. Profit margin for the company is 35.96%. Distance from 52-week low is 33.62% and -11.71% from its 52-week high. The company has generated returns on investments over the last 12 months (25.08%).

with sales reaching $64.49B over the same period.The EPS is expected to grow by 12.02% this year, but quarterly earnings will post 13.80% year-over-year. Quarterly sales are estimated to grow 29.90% in year-over-year returns.

Microsoft Corporation (MSFT) Top Institutional Holders

6903.0 institutions hold shares in Microsoft Corporation (MSFT), with institutional investors hold 73.76% of the company’s shares. The shares outstanding are 7.43B, and float is at 7.32B with Short Float at 0.79%. Institutions hold 73.72% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 675.91 million shares valued at $302.1 billion. The investor’s holdings represent 9.0958% of the MSFT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 553.98 million shares valued at $247.6 billion to account for 7.4549 of the shares outstanding. The other top investors are STATE STREET CORP which holds 300.03 million shares representing 4.0376% and valued at over $134.1 billion, while FMR LLC holds 2.916 of the shares totaling 216.69 million with a market value of $96.85 billion.

Microsoft Corporation (MSFT) Insider Activity

The most recent transaction is an insider sale by Nadella Satya, the company’s Chief Executive Officer. SEC filings show that Nadella Satya sold 14,398 shares of the company’s common stock on Aug 23 ’24 at a price of $417.41 per share for a total of $6.01 million. Following the sale, the insider now owns 0.0 shares.

Still, SEC filings show that on May 31 ’24, Numoto Takeshi (EVP, Chief Marketing Officer) disposed off 322 shares at an average price of $416.60 for $0.13 million. The insider now directly holds 47,255 shares of Microsoft Corporation (MSFT).

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