Microsoft (NASDAQ:MSFT) Trading Down 0.4% – Here’s Why

Shares of Microsoft Co. (NASDAQ:MSFT) fell 0.4% during mid-day trading on Thursday . The stock traded as low as $393.29 and last traded at $399.31. 5,898,898 shares were traded during mid-day trading, a decline of 74% from the average session volume of 22,702,395 shares. The stock had previously closed at $401.02.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MSFT. Mizuho dropped their price target on Microsoft from $510.00 to $500.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. UBS Group dropped their target price on Microsoft from $525.00 to $510.00 and set a “buy” rating on the stock in a research report on Thursday, January 30th. Morgan Stanley dropped their target price on Microsoft from $540.00 to $530.00 and set an “overweight” rating on the stock in a research report on Thursday, January 30th. Loop Capital boosted their target price on Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, December 23rd. Finally, Guggenheim reiterated a “neutral” rating on shares of Microsoft in a research report on Friday, January 24th. Four investment analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $509.54.

Microsoft Trading Down 0.9 %

The firm has a market capitalization of $2.92 trillion, a price-to-earnings ratio of 31.67, a P/E/G ratio of 2.21 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.34 and a current ratio of 1.35. The business has a fifty day moving average price of $416.40 and a 200 day moving average price of $421.87.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period in the prior year, the company posted $2.93 earnings per share. As a group, equities analysts forecast that Microsoft Co. will post 13.08 earnings per share for the current year.

Insider Activity at Microsoft

In other news, CMO Takeshi Numoto sold 2,500 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $447.41, for a total transaction of $1,118,525.00. Following the completion of the transaction, the chief marketing officer now directly owns 49,352 shares in the company, valued at approximately $22,080,578.32. This represents a 4.82 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.03% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Ball & Co Wealth Management Inc. acquired a new position in Microsoft during the 4th quarter worth $31,000. Fiduciary Advisors Inc. bought a new stake in shares of Microsoft during the 4th quarter worth about $38,000. Christopher J. Hasenberg Inc raised its position in shares of Microsoft by 35.7% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 95 shares of the software giant’s stock worth $39,000 after buying an additional 25 shares in the last quarter. Quarry LP bought a new stake in shares of Microsoft in the 2nd quarter worth approximately $45,000. Finally, IFS Advisors LLC raised its holdings in shares of Microsoft by 53.8% in the 4th quarter. IFS Advisors LLC now owns 100 shares of the software giant’s stock worth $42,000 after purchasing an additional 35 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Microsoft Company Profile

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.