Microsoft Corporation (NASDAQ:MSFT), much like other worldly entities, seems to have an on again and off again relationship with the government of China. However, as we all know in Corporate America — or Corportate Anywhere for that matter — money speaks louder than most other factors.
Shares of Microsoft (NASDAQ:MSFT) stock are trading up slightly (0.39%) in pre-market hours this morning after it has been announced that they will be providing Windows 10 to the Chinese government. This version will be a custom version specifically designed and optimized for them.
As you may recall, previously China had banned versions of Microsoft Corporation (NASDAQ:MSFT) Windows operating system, so this comes as significant news for both the country of China and shareholders of MSFT stock.
The stock increased 1.68% or $0.93 during the last trading session, hitting $56.13. About 2,041 shares traded hands. MSFT has risen 15.21% since May 14, 2015 and is uptrending. It has outperformed the S&P500 by 17.83%.
From a total of 15 analysts covering Microsoft Corporation (NASDAQ:MSFT) stock, 11 rate it a “Buy”, 2 a “Sell”, and 2 a “Hold”. This means that 73% of the ratings are positive. The highest target price is $65 while the lowest target price is $20. The mean of all analyst targets is $52.10 which is -7.18% below today’s ($56.13) stock price. Microsoft Corporation was the topic of 30 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Raymond James upgraded shares on November 30 to a “Strong Buy” rating. Vetr upgraded shares to a”Strong-Buy” rating and a $47.60 target share price in their report from a September 2. Piper Jaffray maintained MSFT stock in a recent report from November 10 with a “Overweight” rating. Global Equities Research maintained the rating on August 28. Global Equities Research has a “Overweight” rating and a $50 price target on shares. Finally, Bank of America upgraded the stock to a “Buy” rating in a report they issued on an October 23.
The institutional sentiment increased to 1.08 in Q2 2015. It’s up 0.32, from 0.76 in 2015Q2. The ratio increased, as 69 funds sold all their Microsoft Corporation shares they owned while 801 reduced their positions. 93 funds bought stakes while 843 increased their total positions. Institutions now own 5.20 billion shares which is 8.27% less than the previous share count of 5.67 billion in 2015Q2.
Cook & Bynum Capital Management Llc holds 25.5% of its total portfolio in Microsoft Corporation, equating to 717,081 shares. Rwwm Inc. owns 895,414 shares representing 19.69% of their total US portfolio. Moreover, Valueact Holdings L.P. has 19.37% of their total portfolio invested in the company, equating to 75.27 million shares. The California-based Smithwood Advisers L.P. has a total of 17.28% of their portfolio invested in the stock. Deccan Value Investors L.P., a Connecticut-based fund reported 2.26 million shares owned.
Since April 28, 2015, the stock had 0 insider purchases, and 4 sales for a total of $370.34 million in net activity. Gates William H Iii sold 4.00 million shares worth $185.75M. Turner Brian Kevin sold 69,158 shares worth $3.16M. Capossela Christopher C sold 4,485 shares worth $218,464. Brod Frank H sold 4,500 shares worth $215,294.
Microsoft Corporation is engaged in developing, licensing and supporting a range of software services and products. The company has a market cap of $440.93 billion. The Firm also creates and sells hardware, and delivers online advertising to the customers. It has 37.71 P/E ratio. The Firm operates in five divisions: Devices and Consumer Licensing, D&C Hardware, D&C Other, Commercial Licensing, and Commercial Other.