Microsoft Corporation (NASDAQ:MSFT) apparently is pushing users over to Windows 10 quite hard. Not only are they trying to convince customers to make the switch via advertising and promotions, but now they have announced that they will only offer support for Windows 10, when it comes to new processors.
Certainly Intel won’t be a fan of this move, as Microsoft Corporation (NASDAQ:MSFT)’s Windows 7 will no longer be supported on newer processors.
The move probably won’t hurt normal everyday consumers, but it could be an issue for large businesses, as we have seen in the past, particularly with Windows XP. The enterprise really seemed stuck on maintaning XP, and this could also be an issue with Windows 7. We will have to wait and see.
The stock decreased 3.99% or $2.12 on January 15, hitting $50.99. About 71.82 million shares traded hands or 82.89% up from the average. MSFT has risen 10.92% since June 12, 2015 and is uptrending. It has outperformed the S&P500 by 19.79%.
From a total of 18 analysts covering Microsoft Corporation (NASDAQ:MSFT) stock, 14 rate it a “Buy”, 1 a “Sell”, and 3 a “Hold”. This means that 78% of the ratings are positive. The highest target price is $66 while the lowest target price is $20. The mean of all analyst targets is $54.87 which is 7.61% above today’s ($50.99) stock price. Microsoft Corporation was the topic of 36 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Morgan Stanley upgraded shares on January 13 to a “Overweight” rating. Vetr upgraded shares to a”Strong-Buy” rating and a $47.60 target share price in their report from a September 2. Barclays Capital maintained MSFT stock in a recent report from January 6 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, Goldman Sachs upgraded the stock to a “Neutral” rating in a report they issued on a December 18.
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 buys, and 4 sales for a total of $370.34 million in net activity. Gates William H Iii sold 4.00 million 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 $424.24 billion. The Firm also creates and sells hardware, and delivers online advertising to the customers. It has 34.26 P/E ratio. The Firm operates in five divisions: Devices and Consumer Licensing, D&C Hardware, D&C Other, Commercial Licensing, and Commercial Other.