Representative James Comer (R-Kentucky) recently bought shares of Microsoft Co. NASDAQ: MSFT. In a filing disclosed on January 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Microsoft stock on January 2nd.
Representative James Comer also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of Dover NYSE: DOV on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of Uber Technologies NYSE: UBER on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of Amphenol NYSE: APH on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 1/2/2025.
Microsoft Trading Up 2.3 %
MSFT traded up $9.76 during trading on Wednesday, reaching $425.43. 8,374,625 shares of the stock traded hands, compared to its average volume of 16,680,533. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 0.15. The stock's 50-day moving average is $429.08 and its 200 day moving average is $426.72. Microsoft Co. has a 12 month low of $384.81 and a 12 month high of $468.35. The stock has a market capitalization of $3.16 trillion, a PE ratio of 35.10, a P/E/G ratio of 2.37 and a beta of 0.90.
Microsoft (NASDAQ:MSFT - Get Free Report) last announced its earnings results on Wednesday, October 30th. The software giant reported $3.30 EPS for the quarter, beating the consensus estimate of $3.10 by $0.20. Microsoft had a return on equity of 34.56% and a net margin of 35.61%. The company had revenue of $65.59 billion for the quarter, compared to analyst estimates of $64.57 billion. During the same quarter in the prior year, the company earned $2.99 EPS. The firm's revenue for the quarter was up 16.0% compared to the same quarter last year. Equities analysts anticipate that Microsoft Co. will post 12.93 earnings per share for the current year.
Microsoft Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be issued a $0.83 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $3.32 annualized dividend and a yield of 0.78%. Microsoft's payout ratio is 27.39%.
Analysts Set New Price Targets
A number of research analysts recently issued reports on MSFT shares. Wedbush reiterated an "outperform" rating and set a $550.00 target price on shares of Microsoft in a research report on Tuesday, November 19th. KeyCorp upped their price objective on shares of Microsoft from $490.00 to $505.00 and gave the company an "overweight" rating in a report on Friday, October 18th. Morgan Stanley raised their target price on Microsoft from $506.00 to $548.00 and gave the company an "overweight" rating in a research note on Thursday, October 31st. Mizuho upped their price target on Microsoft from $480.00 to $510.00 and gave the stock an "outperform" rating in a research note on Friday, December 13th. Finally, BMO Capital Markets reduced their price objective on Microsoft from $500.00 to $495.00 and set an "outperform" rating for the company in a research note on Thursday, October 31st. Three research analysts have rated the stock with a hold rating and twenty-seven have issued a buy rating to the company. According to MarketBeat.com, Microsoft presently has an average rating of "Moderate Buy" and a consensus price target of $511.62.
Read Our Latest Research Report on MSFT
Institutional Trading of Microsoft
A number of institutional investors have recently added to or reduced their stakes in the stock. First National Bank Sioux Falls boosted its position in Microsoft by 0.4% during the second quarter. First National Bank Sioux Falls now owns 6,340 shares of the software giant's stock worth $2,834,000 after acquiring an additional 24 shares during the last quarter. BCK Partners Inc. increased its holdings in shares of Microsoft by 1.8% in the third quarter. BCK Partners Inc. now owns 1,353 shares of the software giant's stock valued at $582,000 after purchasing an additional 24 shares during the last quarter. Flagship Private Wealth LLC lifted its position in Microsoft by 2.8% during the second quarter. Flagship Private Wealth LLC now owns 913 shares of the software giant's stock worth $408,000 after buying an additional 25 shares in the last quarter. Massachusetts Wealth Management boosted its stake in Microsoft by 0.3% during the second quarter. Massachusetts Wealth Management now owns 9,640 shares of the software giant's stock worth $4,309,000 after buying an additional 25 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators increased its stake in shares of Microsoft by 0.8% in the 2nd quarter. Deseret Mutual Benefit Administrators now owns 3,255 shares of the software giant's stock worth $1,455,000 after acquiring an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 71.13% of the company's stock.
Insider Transactions at Microsoft
In related news, CMO Takeshi Numoto sold 2,500 shares of the company's stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $447.41, for a total value of $1,118,525.00. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Christopher David Young sold 7,200 shares of the firm's stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $423.66, for a total value of $3,050,352.00. Following the sale, the executive vice president now directly owns 103,366 shares of the company's stock, valued at approximately $43,792,039.56. This trade represents a 6.51 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 41,200 shares of company stock worth $17,383,892 in the last quarter. Company insiders own 0.03% of the company's stock.
About Representative Comer
James Comer Jr. (Republican Party) is a member of the U.S. House, representing Kentucky's 1st Congressional District. He assumed office on November 14, 2016. His current term ends on January 3, 2025. Comer (Republican Party) ran for re-election to the U.S. House to represent Kentucky's 1st Congressional District. He won in the general election on November 8, 2022. Prior to serving in Congress, Comer was the Kentucky Commissioner of Agriculture from 2012 to 2016, and the Kentucky House of Representatives from 2001 to 2012. He also unsuccessfully ran for Governor of Kentucky in 2015. A writer for the Louisville Courier-Journal called Comer "instrumental in the final passage of a five-year farm bill," noting that he served on the conference committee that produced the final version of the bill. Comer is from Tompkinsville, Ky. He acted as the director of South Central Bank for 12 years and has been the co-owner of the Comer Land and Cattle Company. He previously served as president of CFB Foods Incorporated from 2001 to 2003 and president of Comer and Polston Insurance Incorporated from 1993 to 1995.
About Microsoft
(
Get Free Report)
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.
See Also
Before you consider Microsoft, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Microsoft wasn't on the list.
While Microsoft currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
