While shares of Microsoft Corporation (NASDAQ:MSFT) are trading up $1.26 or 2.39% today after an upgrade by Morgan Stanley, the company continues to fire on all cylinders. One area in which Microsoft has a major advantage against competition is that on their Skype product.
Today the company announced that they will be adding group video chat to the Skype platform in an effort to further enhance its functionality.
“To celebrate 10 years of video calling, get ready to welcome group video calling on Android, iPhone, iPad and Windows 10 Mobile – everywhere, completely free,” wrote Gurdeep Pall, corporate vice president of Skype on the Skype Blog.
Microsoft Corporation (NASDAQ:MSFT) will be rolling out this new feature to mobile users in the coming weeks, and is offering a preview of these features here. The stock closed at $52.78 during the last trading session. It is up 15.62% since June 9, 2015 and is uptrending. It has outperformed the S&P500 by 23.10%.
From a total of 17 analysts covering Microsoft Corporation (NASDAQ:MSFT) stock, 13 rate it a “Buy”, 1 a “Sell”, and 3 a “Hold”. This means that 76% 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 $54.26 which is 2.80% above today’s ($52.78) stock price. Microsoft Corporation was the topic of 35 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. BMO Capital Markets initiated shares on January 8 with a “Outperform” rating. Vetr upgraded shares to a”Strong-Buy” rating and a $47.60 target share price in their report from a September 2. RBC Capital Markets maintained MSFT stock in a recent report from January 6 with a “Outperform” 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, Deutsche Bank maintained the stock with a “Buy” rating in a report they issued on a December 16.
The institutional sentiment increased to 1.08 in Q2 2015. It’s up 0.32, from 0.76 in 2015Q2. The ratio improved, 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 selling transactions for a total of $370.34 million in net activity. Gates William H Iii sold 4.00M shares worth $185.75 million. 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 $421.60 billion. The Firm also creates and sells hardware, and delivers online advertising to the customers. It has 35.46 P/E ratio. The Firm operates in five divisions: Devices and Consumer Licensing, D&C Hardware, D&C Other, Commercial Licensing, and Commercial Other.