From MarketBeat:

Microsoft Co. (NASDAQ:MSFT) has received a “Moderate Buy” consensus recommendation from 40 analysts covering the company. The average twelve-month price target among brokers is $395.11. Analysts from DA Davidson, Oppenheimer, Jefferies Financial Group, and The Goldman Sachs Group have issued buy ratings on the stock. China Renaissance has initiated coverage with a $466.00 price target.

EVP Kathleen T. Hogan sold 24,681 shares of Microsoft stock at an average price of $369.00, totaling $9,107,289.00. Following the sale, she directly owns 183,761 shares valued at approximately $67,807,809. 0.03% of the stock is owned by insiders.

Institutional investors own 69.20% of Microsoft’s stock, with firms such as DGS Capital Management LLC, IFM Investors Pty Ltd, and Altus Wealth Group LLC increasing their holdings of the software giant’s stock.

Microsoft (NASDAQ MSFT) opened at $367.94 on Friday. The company has a 52-week high of $384.30 and a 52-week low of $219.35. On October 24th, the software giant reported $2.99 earnings per share (EPS) for the quarter. The firm’s annual revenue is expected to be 11.13 EPS for the current year.

Microsoft has announced a quarterly dividend that will be paid on Thursday, March 14th. The ex-dividend date is Wednesday, February 14th. Microsoft’s dividend payout ratio (DPR) is currently 29.04%.

Microsoft Corporation develops and supports software, services, devices, and solutions worldwide. Their Productivity and Business Processes segment aims to offer services such as Microsoft Teams, Office 365 Security and Compliance and other office services.



Read more: Microsoft Co. (NASDAQ:MSFT) Receives Consensus Recommendation of “Moderate Buy” from Analysts