July 31, 2016

Microsoft Corp. (MSFT) Insider Sells $1,010,160,000.00 in Stock


Microsoft Corp. (NASDAQ:MSFT) insider G Mason Morfit sold 18,000,000 shares of the stock in a transaction that occurred on Thursday, July 28th. The stock was sold at an average price of $56.12, for a total transaction of $1,010,160,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

A number of equities analysts have recently commented on the stock. Citigroup Inc. reissued a “sell” rating on shares of Microsoft Corp. in a research note on Tuesday, April 12th. Vetr raised shares of Microsoft Corp. from a “buy” rating to a “strong-buy” rating and set a $57.64 target price on the stock in a research note on Monday, July 11th. Morgan Stanley reissued an “overweight” rating and issued a $64.00 target price (down previously from $66.00) on shares of Microsoft Corp. in a research note on Monday, April 18th. Sanford C. Bernstein set a $68.00 target price on shares of Microsoft Corp. and gave the company a “buy” rating in a research note on Friday, July 15th. Finally, Jefferies Group reissued an “underperform” rating and issued a $40.00 target price on shares of Microsoft Corp. in a research note on Friday, April 22nd. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twenty-one have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $58.88.




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