Microsoft Corp (MSFT): Kathleen T Hogan , EVP, Human Resources of Microsoft Corp sold 17,500 shares on May 5, 2016. The Insider selling transaction was reported by the company on May 6, 2016 to the Securities and Exchange Commission. The shares were sold at $50.04 per share for a total value of $875,768.25 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 2, 2016, William H Iii Gates (director) sold 5,300,000 shares at $50.24 per share price.On Apr 29, 2016, Frank H Brod (Chief Accounting Officer) sold 7,000 shares at $51.38 per share price.Also, On Feb 10, 2016, Christopher C Capossela (EVP, Chief Marketing Officer) sold 5,000 shares at $50.00 per share price.On Oct 27, 2015, Brian Kevin Turner (Chief Operating Officer) sold 154,499 shares at $52.99 per share price.
Microsoft Corporation: On Wednesday, May 4, 2016 heightened volatility was witnessed in Microsoft Corporation which led to swings in the share price. The shares opened for trading at $49.84 and hit $50.06 on the upside , eventually ending the session at $49.87, with a gain of 0.18% or 0.09 points. The heightened volatility saw the trading volume jump to 2,42,57,556 shares. The 52-week high of the share price is $56.85 and the company has a market cap of $392,001 M . The 52-week low of the share price is at $39.72.
On Mar 15, 2016, Microsoft Corporation announced a cash dividend of $0.3600. The company’s management has announced May 17, 2016 as the ex-dividend date and fixed the record date on May 19, 2016. The payable date has been fixed on Jun 9, 2016.
Company has been under the radar of several Street Analysts.Microsoft Corporation is Reiterated by BMO Capital Markets to Outperform while Lowering the Price Target of the company shares to $ 57 from a previous price target of $58 . The Rating was issued on Apr 22, 2016.Microsoft Corporation is Initiated by Macquarie to Neutral. The Rating was issued on Mar 4, 2016.
Microsoft Corporation is engaged in developing licensing and supporting a range of software products and services. The Company also designs and sells hardware and delivers online advertising to the customers. The Company operates in five segments: Devices and Consumer (D&C) Licensing D&C Hardware D&C Other Commercial Licensing and Commercial Other. The Companys products include operating systems for computing devices servers phones and other intelligent devices; server applications for distributed computing environments; productivity applications; business solution applications; desktop and server management tools; software development tools; video games; and online advertising. It also offers cloud-based solutions that provide customers with software services and content over the Internet by way of shared computing resources located in centralized data centers. It provides consulting and product and solution support services.