Microsoft Corporation (MSFT) Shares Up Slightly With Release of New Office 365 Subscription


Microsoft Corporation (NASDAQ:MSFT) today has unleashed a new subscription service for their Office 365 productivity services. The new business plan, which is referred to as E5, will cost $35 per month or $420 per year. It’s the most comprehensive of their business plans and provides many new features such as: PSTN Conferencing, Cloud PBX, End User and Organizational Analytics, Data Loss Prevention, and much more.

In addition, Microsoft will retire their E4 plan this coming June, but the E1 and E3 plans will remain.

The stock closed at $54.35 during the last session. It is down 10.56% since April 28, 2015 and is uptrending. It has outperformed by 11.45% the S&P500.

Out of 14 analysts covering Microsoft Corporation (NASDAQ:MSFT), 10 rate it “Buy”, 2 “Sell”, while 2 “Hold”. This means 71% are positive. $65 is the highest target while $20 is the lowest. The $51.79 average target is -4.71% below today’s ($54.35) stock price. Microsoft Corporation was the topic in 28 analyst reports since July 22, 2015 according to StockzIntelligence Inc. UBS maintained the stock on November 23 with “Buy” rating. Vetr upgraded it to “Strong-Buy” rating and $47.60 target price in a September 2 report. Barclays Capital maintained the shares of MSFT in a report on October 23 with “Overweight” rating. Global Equities Research maintained the firm’s rating on August 28. Global Equities Research has “Overweight” rating and $50 price target. Finally, Stifel Nicolaus maintained the stock with “Buy” rating in an October 23 report.

The institutional sentiment decreased to 0.76 in Q2 2015. Its down 0.23, from 0.99 in 2015Q1. The ratio worsened, as 80 funds sold all Microsoft Corporation shares owned while 965 reduced positions. 103 funds bought stakes while 688 increased positions. They now own 5.67 billion shares or 4.58% less from 5.94 billion shares in 2015Q1.

Deccan Value Investors L.P. holds 28.05% of its portfolio in Microsoft Corporation for 2.26 million shares. Cook & Bynum Capital Management Llc owns 717,081 shares or 22% of their US portfolio. Moreover, Rwwm Inc. has 20.52% invested in the company for 885,842 shares. The California-based Valueact Holdings L.P. has invested 17.5% in the stock. Sarbit Advisory Services Inc., a Manitoba – Canada-based fund reported 2.68 million shares.

Since April 28, 2015, the stock had 0 buys, and 4 insider sales for $370.34 million net activity. Gates William H Iii sold 4.00 million shares worth $185.75 million. Turner Brian Kevin sold 69,158 shares worth $3.16 million. 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 $430.79 billion. The Firm also creates and sells hardware, and delivers online advertising to the customers. It has 36.52 P/E ratio. The Firm operates in five divisions: Devices and Consumer Licensing, D&C Hardware, D&C Other, Commercial Licensing, and Commercial Other.