Microsoft Corporation (NASDAQ:MSFT) stock is presently standing at about $62.62 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 33 analysts covering the company is $68.00, which suggests the stock could still rise over 8 percent. The highest analyst price target is $80.00, which implies a rally of 72 percent. And a quick view of analyst notes show that 15 are rating the stock a buy while 9 rate MSFT a strong buy. There are 8 equity research firms advocating a Hold and 2 consider it Sell.
Piper Jaffray analysts provided their view on Microsoft Corporation (NASDAQ:MSFT) recently. The rating firm issued a Overweight rating to this company in a research note released on Dec 22, 2016. Goldman analysts disclosed their opinion on Microsoft Corporation (NASDAQ:MSFT) recently. The rating firm gave a Buy rating to this stock in a research note published on Nov 17, 2016. According to a research note disclosed on Nov 10, 2016, analysts at Atlantic Equities have upped their rating on these shares from Underweight to Neutral.
Microsoft Corporation (NASDAQ:MSFT) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its EVP, Chief Marketing Officer Capossela Christopher C sold 18,583 company shares for $1088000.59, in a transaction on 2016-11-14. Following the transaction, the EVP, Chief Marketing Officer is left with a stake of 1088.59 shares, currently valued at $68168. Meanwhile, EVP, Chief Marketing Officer Capossela Christopher C sold 12,000 shares worth $726000.12, through a transaction dated 2016-11-08. Following the completion of the transaction, the insider is left with a stake of 253,306 shares, amounting $15862021.72. MSFT EVP, Chief Marketing Officer Capossela Christopher C also sold 12,000 shares, at a stock price of $59.57. This transaction occurred on 2016-11-02 totals $714000.84. After this transaction, the insider’s stake stands at 265,306 shares, with a market value of $16613462.
Executives hold 6.95 percent of the stock. Steven A. Ballmer is one of the biggest insider owners in Microsoft Corporation (NASDAQ:MSFT), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 333,254,734 shares which have current market value of around $20868411443.08.William H. Gates,III is another major inside shareholder in the company. The insider owns 182,992,934 shares as of 2.35%, currently worth $11459017527.08. Mr. Jeffrey S. Raikes is ranked as third insider holder of the stock. This insider holds 5,404,438 shares with a market value around $338425907.56 as of recent close.
Microsoft Corporation (NASDAQ:MSFT) Earnings Outlook
In Microsoft Corporation (NASDAQ:MSFT)’s latest quarter, EPS moved to $0.76 from $0.69 in preceding quarter and revenues reached at $22,334.00M compared to $22,642.00M. Analysts had expected Microsoft Corporation (NASDAQ:MSFT) to post net income of about $0.68 per share on $21,713.10M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.72 to $0.83. That is compared with the $0.78 in EPS it reported during the same period a year ago.