Top Investors Cut Microsoft Corporation (MSFT) Holdings In June Quarter To Take Profit

Microsoft Corporation (NASDAQ:MSFT) went up to recover about 48.4% since recording its record low price of $72.92. The stock experienced -0.49% slump, arriving at $108.21 on 09/07/2018. During the day, the stock price traveled from $107.23 to $108.7248. This company shares are 12.41% off its target price of $121.64 and the current market capitalization stands at $833.84B. The recent change has given its price a 1.68% lead over SMA 50 and -4.05% deficit over its 52-week high. The stock witnessed -1.17% declines, 6.47% gains and 12.09% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found MSFT’s volatility during a week at 1.71% and during a month it has been found around 1.36%.

Microsoft Corporation (MSFT) Top Holders

Institutional investors currently hold around $611.15 billion or 74.4% in MSFT stock. Look at its top three institutional owners. Vanguard Group Inc owns $61.58 billion in Microsoft Corporation, which represents roughly 7.38% of the company’s market cap and approximately 10.08% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 506,636,253 shares of the stock are valued at $54.82 billion. The third largest holder is State Street Corp, which currently holds $31.34 billion worth of this stock and that ownership represents nearly 3.76% of its market capitalization.

Microsoft Corporation 13F Filings

At the end of June reporting period, 1,274 institutional holders increased their position in Microsoft Corporation (NASDAQ:MSFT) by some 171,928,959 shares, 1,382 decreased positions by 176,994,030 and 234 held positions by 5,300,000,000. That puts total institutional holdings at 5,650,000,000 shares, according to SEC filings. The stock grabbed 106 new institutional investments totaling 17,722,253 shares while 53 institutional investors sold out their entire positions totaling 7,494,082 shares.

Microsoft Corporation (NASDAQ:MSFT) Insider Trades

Multiple company employees have indulged in significant insider trading. Microsoft Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP, Human Resources Hogan Kathleen T has sold 40,000 shares of Microsoft Corporation (MSFT) in trading session dated Sep. 04, 2018. These shares are worth $4,452,400 and were traded at $111.31 each. The SEC filing shows that Hood Amy performed a sale of 118,000 shares. The EVP, CFO disposed these shares by way of transaction on Sep. 04, 2018. The company’s shares were given away at $110.9 per share worth to an income of some $13,086,200 on account of Hood Amy.

CEO, Nadella Satya, sold 328,000 common shares of Microsoft Corporation (MSFT) in the open market. In a transaction dated Aug. 10, 2018, the shares were put up for sale at an average price of $109.44, raking in a sum of $35,896,320. After this sale, 778,596 common shares of MSFT are directly owned by the insider, with total stake valued at $84,251,873.

In the transaction dated Aug. 09, 2018, the great number of shares disposed came courtesy the Executive Vice President; Courtois Jean Philippe disposed a total of 28,939 shares at an average price of $110, amounting to approximately $3,183,290. The insider now directly owns 791,164 shares worth $85,600,000.

Microsoft Corporation (MSFT) Analyst Guide

Several analysts have released their opinion on Microsoft Corporation (NASDAQ:MSFT), with 22 analysts believing it is a strong buy. Whereas 2 of them predict the stock is a hold. Also, there are 1 buy, 1 sell and 0 strong sell ratings, collectively assigning a 1.31 average brokerage recommendation.

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